# M79: Annual Report to shareholders

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145369

Publisher: asx

Original announcement: 2026-09-29T05:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T15:24:09.406Z

Atlas analysis updated: 2026-09-29T15:24:09.406Z

- Company: Mammoth Minerals Limited

- Ticker: M79

- Exchange: ASX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Lead, Antimony, Zinc, Nickel, Cobalt, Manganese

- Document categories: Drill results, Agreement transaction, Other

- Extracted: 2026-09-29 15:24:10 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Mammoth Minerals Limited's annual report for the year ended June 30, 2026, highlights a significant corporate transformation, including a name change and a strategic shift to focus on gold, silver, and critical minerals projects in the Americas. The company acquired the Excelsior Springs Gold-Silver Project and Bella Gold Project in the USA, while divesting other assets. Exploration activities at Excelsior Springs yielded high-grade rock chip samples and some positive drill intercepts, but the company reported a substantial financial loss and a material uncertainty regarding its ability to continue as a going concern.

Reasoning: The annual report details a significant corporate restructuring and acquisition of new projects, particularly in the US, shifting focus to gold and silver. While some high-grade rock chip and drill results are reported, including one drill intercept exceeding the prior best grade and another exceeding the prior best grade-thickness product, the company also recorded a substantial loss and a material uncertainty regarding its ability to continue as a going concern, indicating financial challenges despite exploration progress.

- Positive factor: Portfolio transformation and acquisition of new gold/silver projects in the USA

- Positive factor: High-grade rock chip samples from Blue Dick and Kentucky trends

- Positive factor: Some positive drill intercepts from Buster, including one exceeding prior best grade and one exceeding prior best GT

- Positive factor: BHP Xplor accelerator program for Picha project

- Positive factor: QP/CP signed off on exploration results

- Negative factor: Significant financial loss for the year

- Negative factor: Material uncertainty regarding going concern

- Negative factor: Some drill results are historical or re-releases

- Negative factor: Rock chip samples are not as reliable as drill results

- Negative factor: Divestment of projects \(Paterson, Mt Slopeaway\)

- Negative factor: Apparent width only for drill intercepts

- Negative factor: Deleterious elements \(antimony\) present in some samples

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

Facts used in scoring: 116

## 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: The report states that the information is based on, and fairly represents information compiled by Mr Glenn Poole, a Competent Person as defined in the 2012 Edition of the JORC Code.

Evidence · text

> The information in this report is based on, and fairly represents information compiled by Mr Glenn Poole, a Competent Person who is the Managing Director and CEO of Mammoth Minerals Limited and a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he has undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee \(JORC\) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Poole consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

**Apparent Width Only**

Polarity: negative

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

Why it applies: The drill intercepts are given as downhole lengths without any mention of true width or drill orientation.

Evidence · text

> 13.72m @ 1.15g/t Au from 62.5m – MEXRC2601

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The results for the Charaque Gold-Silver Project are explicitly referred to as 'Significant historical results' and 'data collected during the option period' following a termination of an earn-in agreement.

Evidence · text

> Significant historical results include:

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling program at Buster is described as testing 'only around 1.3km of a total 7km prospective mineralised corridor', implying an extension of known mineralization.

Evidence · text

> By the end of the reporting period has now more than 21,000m of drilling on the Buster Trend, testing only around 1.3km of a total 7km prospective mineralised corridor.

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Several rock chip samples from the Blue Dick and Kentucky Trends report exceptionally high grades, such as 17,582 g/t Ag, 15,336 g/t Ag, 97.3 g/t Au, and 57 g/t Au, which are well above typical thresholds.

Evidence · text

> 0.20m @ 17,582g/t Ag, 0.75g/t Au, 2.76% Cu, 1.72% Sb – MREX00625 – Channel Sample

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: Antimony \(Sb\) is explicitly mentioned with grade values in several polymetallic rock chip samples from the Blue Dick and Kentucky Trends.

Evidence · text

> 39.80g/t Au, 251g/t Ag, 4.65% Cu, 5.73% Pb – MREX00522

**Inferred Carlin-type**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company states that diamond drilling at Buster 'redefined the Company’s understanding of the potential for a “Carlin-type” mineral system at Excelsior'.

Evidence · text

> The detail available from the assay results and drill core observations has redefined the Company’s understanding of the potential for a “Carlin-type” mineral system at Excelsior.

## Extracted facts

Stored fact records: 116. Some facts used in scoring do not have a stored record.

## Drill Results (116)

### MEXRC2601

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-0)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2601
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 1.15
- Grade Unit: g/t
- Intercept: 13.72 m
- From: 62.5 m
- To: 76.22 m
- Intercept Depth: 62.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2601:62.5-76.22

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill intercept from the Buster Trend, part of the Excelsior Springs project, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 13.72m @ 1.15g/t Au from 62.5m – MEXRC2601

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2605

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-1)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2605
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 7.62 m
- From: 219.51 m
- To: 227.13 m
- Intercept Depth: 219.51 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2605:219.51-227.13

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill intercept from the Buster Trend, part of the Excelsior Springs project, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 7.62m @ 2.1g/t Au from 219.51m – MEXRC2605

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2617

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-2)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2617
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 1.25
- Grade Unit: g/t
- Intercept: 33.54 m
- From: 0 m
- To: 33.54 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2617:0-33.54

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill intercept from the Buster Trend shows good length from surface and its grade-thickness product exceeds the project's prior best, indicating potential for bulk tonnage.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Good intercept length from surface

- Positive factor: Grade-thickness product exceeds prior best GT

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 33.54m @ 1.25g/t Au from 0m Incl 9.15m @ 3.18g/t Au from 18.29m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2617

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-3)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2617
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 3.18
- Grade Unit: g/t
- Intercept: 9.15 m
- From: 18.29 m
- To: 27.44 m
- Intercept Depth: 18.29 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2617:18.29-27.44

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill sub-intercept from the Buster Trend, part of the Excelsior Springs project, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 9.15m @ 3.18g/t Au from 18.29m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2617

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-4)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2617
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 1.84
- Grade Unit: g/t
- Intercept: 16.77 m
- From: 44.21 m
- To: 60.98 m
- Intercept Depth: 44.21 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2617:44.21-60.98

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill sub-intercept from the Buster Trend, part of the Excelsior Springs project, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 16.77m @ 1.84g/t Au from 44.21m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2617

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-5)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2617
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 7.7
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 51.83 m
- To: 54.88 m
- Intercept Depth: 51.83 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2617:51.83-54.88

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill sub-intercept from the Buster Trend is a bonanza intercept, exceeding the project's prior best grade, indicating high-grade potential.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Grade exceeds prior best grade for the project

- Positive factor: Competent Person sign-off

- Negative factor: Apparent width only

Evidence · text

> 3.05m @ 7.70g/t Au from 51.83m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2613

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-6)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2613
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 2.56
- Grade Unit: g/t
- Intercept: 12.2 m
- From: 0 m
- To: 12.2 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2613:0-12.2

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill intercept from the Buster Trend, part of the Excelsior Springs project, showing mineralization from surface, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: From surface

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 12.20m @ 2.56g/t Au from surface – MEXRC2613

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2614

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-7)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2614
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 1.32
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 0 m
- To: 3.05 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2614:0-3.05

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill intercept from the Buster Trend, part of the Excelsior Springs project, showing mineralization from surface, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: From surface

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 3.05m @ 1.32g/t Au from surface – MEXRC2614

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2614

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-8)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2614
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 1.06
- Grade Unit: g/t
- Intercept: 16.77 m
- From: 7.62 m
- To: 24.39 m
- Intercept Depth: 7.62 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2614:7.62-24.39

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill intercept from the Buster Trend, part of the Excelsior Springs project, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 16.77m @ 1.06g/t Au from 7.62m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2615

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-9)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2615
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 10.67 m
- From: 0 m
- To: 10.67 m
- Intercept Depth: 0 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2615:0-10.67

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill intercept from the Buster Trend shows mineralization from surface, but the grade is significantly below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: From surface

- Positive factor: Competent Person sign-off

- Negative factor: Grade is significantly below project average

- Negative factor: Apparent width only

Evidence · text

> 10.67m @ 0.70g/t Au from surface – MEXRC2615

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXRC2616

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-10)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXRC2616
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 16.77 m
- From: 57.93 m
- To: 74.7 m
- Intercept Depth: 57.93 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXRC2616:57.93-74.7

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill intercept from the Buster Trend has a grade significantly below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is significantly below project average

- Negative factor: Apparent width only

Evidence · text

> 16.77m @ 0.74g/t Au from 57.93m – MEXRC2616

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXDD007

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-11)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXDD007
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 6.32 m
- From: 26 m
- To: 32.32 m
- Intercept Depth: 26 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXDD007:26-32.32

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a new gold drill intercept from the Buster Trend, part of the Excelsior Springs project, but the grade is below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Apparent width only

Evidence · text

> 6.32m @ 2.10g/t Au from 26m Incl 1.0m @ 6.40g/t Au from 27m – MEXDD007

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXDD007

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-12)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXDD007
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 6.4
- Grade Unit: g/t
- Intercept: 1 m
- From: 27 m
- To: 28 m
- Intercept Depth: 27 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXDD007:27-28

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill sub-intercept from the Buster Trend shows a high-grade zone above the project average, but over a narrow width.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Grade is above project average

- Positive factor: Competent Person sign-off

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · text

> 1.0m @ 6.40g/t Au from 27m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXDD003

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-13)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXDD003
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 0.99
- Grade Unit: g/t
- Intercept: 14 m
- From: 28.5 m
- To: 42.5 m
- Intercept Depth: 28.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXDD003:28.5-42.5

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill intercept from the Buster Trend has a grade significantly below the project's average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is significantly below project average

- Negative factor: Apparent width only

Evidence · text

> 14.0m at 0.99g/t Au from 28.5m Incl 2.0m @ 4.54g/t Au from 40.5m – MEXDD003

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MEXDD003

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-14)

Excelsior Springs · gold

#### Identity

- Hole ID: MEXDD003
- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: M79

#### Geometry

- Grade: 4.54
- Grade Unit: g/t
- Intercept: 2 m
- From: 40.5 m
- To: 42.5 m
- Intercept Depth: 40.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: drill
- Group ID: MEXDD003:40.5-42.5

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This new gold drill sub-intercept from the Buster Trend shows a moderate grade over a narrow width, below the project average.

- Positive factor: New drill intercept from an active exploration program

- Positive factor: Competent Person sign-off

- Negative factor: Grade is below project average

- Negative factor: Narrow intercept length

- Negative factor: Apparent width only

Evidence · text

> 2.0m @ 4.54g/t Au from 40.5m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

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

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-15)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 39.8
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza gold grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade gold

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 39.80g/t Au, 251g/t Ag, 4.65% Cu, 5.73% Pb – MREX00522

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-16)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 251
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade silver, indicating significant potential, though it's a surface sample.

- Positive factor: High-grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 39.80g/t Au, 251g/t Ag, 4.65% Cu, 5.73% Pb – MREX00522

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-17)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 4.65
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade copper, indicating significant potential, though it's a surface sample.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 39.80g/t Au, 251g/t Ag, 4.65% Cu, 5.73% Pb – MREX00522

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-18)

Excelsior Springs · lead

#### Identity

- Project: Excelsior Springs
- Commodity: lead
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 5.73
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade lead, indicating significant potential, though it's a surface sample.

- Positive factor: High-grade lead

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 39.80g/t Au, 251g/t Ag, 4.65% Cu, 5.73% Pb – MREX00522

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-19)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 4.56
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade gold, indicating potential, though it's a surface sample.

- Positive factor: High-grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 4.56g/t Au, 0.32% Cu – MREX00487

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-20)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.32
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows moderate-grade copper, indicating potential, though it's a surface sample.

- Positive factor: Moderate-grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 4.56g/t Au, 0.32% Cu – MREX00487

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-21)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 11.7
- Grade Unit: g/t
- Intercept: 0.4 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows high-grade gold, indicating potential, though over a narrow width.

- Positive factor: High-grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 0.4m @ 11.70g/t Au, 5.99g/t Ag, 0.54% Cu – MREX00476 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-22)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 5.99
- Grade Unit: g/t
- Intercept: 0.4 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows low-grade silver over a narrow width.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

- Negative factor: Narrow channel sample length

Evidence · text

> 0.4m @ 11.70g/t Au, 5.99g/t Ag, 0.54% Cu – MREX00476 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-23)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.54
- Grade Unit: %
- Intercept: 0.4 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows moderate-grade copper over a narrow width.

- Positive factor: Moderate-grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 0.4m @ 11.70g/t Au, 5.99g/t Ag, 0.54% Cu – MREX00476 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-24)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.64
- Grade Unit: g/t
- Intercept: 2.1 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows moderate-grade gold over a narrow width.

- Positive factor: Moderate-grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 2.1m @ 2.64g/t Au, incl. 0.4m @ 8.72g/t Au – MREX00502-505 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-25)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 8.72
- Grade Unit: g/t
- Intercept: 0.4 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows high-grade gold, indicating potential, though over a narrow width.

- Positive factor: High-grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 0.4m @ 8.72g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-26)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1556
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,556g/t Ag, 2.40% Cu, 0.25% Sb – MREX00527

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-27)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.4
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade copper, indicating significant potential, though it's a surface sample with antimony present.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,556g/t Ag, 2.40% Cu, 0.25% Sb – MREX00527

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-28)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.25
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 1,556g/t Ag, 2.40% Cu, 0.25% Sb – MREX00527

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 30

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-29)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1357
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,357g/t Ag, 0.70% Cu, 0.20% Sb – MREX00526

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-30)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.7
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows moderate-grade copper, indicating potential, though it's a surface sample with antimony present.

- Positive factor: Moderate-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,357g/t Ag, 0.70% Cu, 0.20% Sb – MREX00526

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-31)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.2
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 1,357g/t Ag, 0.70% Cu, 0.20% Sb – MREX00526

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-32)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1269
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,269g/t Ag, 0.38% Cu, 0.52g/t Au, 0.29% Sb – MREX00517

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 34

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-33)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.38
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows moderate-grade copper, indicating potential, though it's a surface sample with antimony present.

- Positive factor: Moderate-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,269g/t Ag, 0.38% Cu, 0.52g/t Au, 0.29% Sb – MREX00517

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 35

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-34)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.52
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows low-grade gold, though it's a surface sample with antimony present.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,269g/t Ag, 0.38% Cu, 0.52g/t Au, 0.29% Sb – MREX00517

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 36

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-35)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.29
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 1,269g/t Ag, 0.38% Cu, 0.52g/t Au, 0.29% Sb – MREX00517

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 37

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-36)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1196
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,196g/t Ag, 3.24% Cu, 0.39g/t Au, 0.45% Sb – MREX00513

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 38

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-37)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 3.24
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade copper, indicating significant potential, though it's a surface sample with antimony present.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,196g/t Ag, 3.24% Cu, 0.39g/t Au, 0.45% Sb – MREX00513

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 39

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-38)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.39
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows low-grade gold, though it's a surface sample with antimony present.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,196g/t Ag, 3.24% Cu, 0.39g/t Au, 0.45% Sb – MREX00513

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 40

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-39)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.45
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 1,196g/t Ag, 3.24% Cu, 0.39g/t Au, 0.45% Sb – MREX00513

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 41

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-40)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 17582
- Grade Unit: g/t
- Intercept: 0.2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows bonanza silver grades over a narrow width, indicating significant high-grade potential, though antimony is present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

- Negative factor: Presence of antimony

Evidence · text

> 0.20m @ 17,582g/t Ag, 0.75g/t Au, 2.76% Cu, 1.72% Sb – MREX00625 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 42

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-41)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.75
- Grade Unit: g/t
- Intercept: 0.2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows low-grade gold over a narrow width, with antimony present.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Narrow channel sample length

- Negative factor: Presence of antimony

Evidence · text

> 0.20m @ 17,582g/t Ag, 0.75g/t Au, 2.76% Cu, 1.72% Sb – MREX00625 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 43

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-42)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.76
- Grade Unit: %
- Intercept: 0.2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows high-grade copper over a narrow width, with antimony present.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

- Negative factor: Presence of antimony

Evidence · text

> 0.20m @ 17,582g/t Ag, 0.75g/t Au, 2.76% Cu, 1.72% Sb – MREX00625 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 44

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-43)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.72
- Grade Unit: %
- Intercept: 0.2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, over a narrow width.

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

- Negative factor: Antimony is a deleterious element

Evidence · text

> 0.20m @ 17,582g/t Ag, 0.75g/t Au, 2.76% Cu, 1.72% Sb – MREX00625 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 45

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-44)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 3407
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows bonanza silver grades over a narrow width, indicating significant high-grade potential, though antimony is present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

- Negative factor: Presence of antimony

Evidence · text

> 0.50m @ 3,407g/t Ag, 0.54% Cu, 0.47% Sb – MREX00621 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 46

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-45)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.54
- Grade Unit: %
- Intercept: 0.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows moderate-grade copper over a narrow width, with antimony present.

- Positive factor: Moderate-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

- Negative factor: Presence of antimony

Evidence · text

> 0.50m @ 3,407g/t Ag, 0.54% Cu, 0.47% Sb – MREX00621 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 47

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-46)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.47
- Grade Unit: %
- Intercept: 0.5 m

#### Classification

- Sample Type: channel

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, over a narrow width.

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

- Negative factor: Antimony is a deleterious element

Evidence · text

> 0.50m @ 3,407g/t Ag, 0.54% Cu, 0.47% Sb – MREX00621 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 48

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-47)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 15336
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 15,336g/t Ag, 7.46g/t Au, 2.53% Cu, 0.31% Sb – MREX00718

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 49

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-48)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 7.46
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade gold, indicating significant potential, though it's a surface sample with antimony present.

- Positive factor: High-grade gold

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 15,336g/t Ag, 7.46g/t Au, 2.53% Cu, 0.31% Sb – MREX00718

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 50

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-49)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.53
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade copper, indicating significant potential, though it's a surface sample with antimony present.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 15,336g/t Ag, 7.46g/t Au, 2.53% Cu, 0.31% Sb – MREX00718

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 51

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-50)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.31
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 15,336g/t Ag, 7.46g/t Au, 2.53% Cu, 0.31% Sb – MREX00718

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 52

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-51)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 3945
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 3,945g/t Ag, 14.4g/t Au, 0.73% Cu, 0.17% Sb – MREX00721

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 53

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-52)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 14.4
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza gold grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade gold

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 3,945g/t Ag, 14.4g/t Au, 0.73% Cu, 0.17% Sb – MREX00721

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 54

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-53)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.73
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows moderate-grade copper, indicating potential, though it's a surface sample with antimony present.

- Positive factor: Moderate-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 3,945g/t Ag, 14.4g/t Au, 0.73% Cu, 0.17% Sb – MREX00721

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 55

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-54)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.17
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 3,945g/t Ag, 14.4g/t Au, 0.73% Cu, 0.17% Sb – MREX00721

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 56

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-55)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1760
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,760g/t Ag, 1.98% Cu, 0.32% Sb – MREX00626

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 57

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-56)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.98
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade copper, indicating significant potential, though it's a surface sample with antimony present.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,760g/t Ag, 1.98% Cu, 0.32% Sb – MREX00626

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 58

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-57)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.32
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 1,760g/t Ag, 1.98% Cu, 0.32% Sb – MREX00626

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 59

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-58)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1450
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,450g/t Ag, 1.87g/t Au, 0.22% Sb – MREX00745

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 60

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-59)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.87
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows moderate-grade gold, indicating potential, though it's a surface sample with antimony present.

- Positive factor: Moderate-grade gold

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> 1,450g/t Ag, 1.87g/t Au, 0.22% Sb – MREX00745

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 61

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-60)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.22
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> 1,450g/t Ag, 1.87g/t Au, 0.22% Sb – MREX00745

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 62

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-61)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 12.2
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza gold grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 12.2g/t Au, 48.9g/t Ag – MREX00698

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 63

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-62)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 48.9
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows moderate-grade silver, indicating potential, though it's a surface sample.

- Positive factor: Moderate-grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 12.2g/t Au, 48.9g/t Ag – MREX00698

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 64

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-63)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.64
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows high-grade gold, indicating potential, though it's a surface sample.

- Positive factor: High-grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 2.64g/t Au, 5.07g/t Ag – MREX00696

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 65

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-64)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 5.07
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows low-grade silver, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 2.64g/t Au, 5.07g/t Ag – MREX00696

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 66

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-65)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 10.1
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows bonanza copper grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 10.1% Cu, 0.82g/t Au, 25.76g/t Ag – MREX00638

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 67

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-66)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.82
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows low-grade gold, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 10.1% Cu, 0.82g/t Au, 25.76g/t Ag – MREX00638

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 68

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-67)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 25.76
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Blue Dick Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Blue Dick Trend shows low-grade silver, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> 10.1% Cu, 0.82g/t Au, 25.76g/t Ag – MREX00638

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 69

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-68)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 9.35
- Grade Unit: %
- Intercept: 1.2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Imperial Gold Mine
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Imperial Gold Mine shows bonanza copper grades, indicating significant high-grade potential, though over a narrow width.

- Positive factor: Bonanza grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 1.20m @ 9.35% Cu – MREX00780 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 70

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-69)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 4.2
- Grade Unit: %
- Intercept: 1.35 m

#### Classification

- Sample Type: channel

#### Location

- Location: Imperial Gold Mine
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Imperial Gold Mine shows high-grade copper, indicating significant potential, though over a narrow width.

- Positive factor: High-grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 1.35m @ 4.20% Cu – MREX00779 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 71

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-70)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.39
- Grade Unit: %
- Intercept: 0.8 m

#### Classification

- Sample Type: channel

#### Location

- Location: Imperial Gold Mine
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Imperial Gold Mine shows high-grade copper, indicating potential, though over a narrow width.

- Positive factor: High-grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 0.8m @ 1.39% Cu – MREX00781 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 72

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-71)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.72
- Grade Unit: %
- Intercept: 0.3 m

#### Classification

- Sample Type: channel

#### Location

- Location: Imperial Gold Mine
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Imperial Gold Mine shows high-grade copper, indicating potential, though over a narrow width.

- Positive factor: High-grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Narrow channel sample length

Evidence · text

> 0.3m @ 1.72% Cu – MREX00782 – Channel Sample

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 73

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-72)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 5580
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> MREX00310: 5,580g/t Ag, &gt;1.0% Sb, 2.46g/t Au and 1.95% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 74

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-73)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> MREX00310: 5,580g/t Ag, &gt;1.0% Sb, 2.46g/t Au and 1.95% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 75

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-74)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.46
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows high-grade gold, indicating potential, though it's a surface sample with antimony present.

- Positive factor: High-grade gold

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> MREX00310: 5,580g/t Ag, &gt;1.0% Sb, 2.46g/t Au and 1.95% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 76

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-75)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.95
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows high-grade copper, indicating significant potential, though it's a surface sample with antimony present.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> MREX00310: 5,580g/t Ag, &gt;1.0% Sb, 2.46g/t Au and 1.95% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 77

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-76)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 97.3
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza gold grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00183: 97.3g/t Au, 321g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 78

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-77)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 321
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00183: 97.3g/t Au, 321g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 79

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-78)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 57
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza gold grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00152: 57g/t Au, 99g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 80

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-79)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 99
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows high-grade silver, indicating potential, though it's a surface sample.

- Positive factor: High-grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00152: 57g/t Au, 99g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 81

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-80)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 46.8
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza gold grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00319: 46.8g/t Au, 187g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 82

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-81)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 187
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows high-grade silver, indicating significant potential, though it's a surface sample.

- Positive factor: High-grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00319: 46.8g/t Au, 187g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 83

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-82)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 903
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00321: 903g/t Ag, 4.51g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 84

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-83)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 4.51
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows high-grade gold, indicating potential, though it's a surface sample.

- Positive factor: High-grade gold

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00321: 903g/t Ag, 4.51g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 85

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-84)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 869
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample with antimony present.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> MREX00317: 869g/t Ag, 0.65g/t Au, 0.19% Sb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 86

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-85)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.65
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows low-grade gold, though it's a surface sample with antimony present.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Presence of antimony

Evidence · text

> MREX00317: 869g/t Ag, 0.65g/t Au, 0.19% Sb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 87

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-86)

Excelsior Springs · antimony

#### Identity

- Project: Excelsior Springs
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.19
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Kentucky Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: antimony

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Kentucky Trend shows the presence of antimony, which is a deleterious element, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

- Negative factor: Antimony is a deleterious element

Evidence · text

> MREX00317: 869g/t Ag, 0.65g/t Au, 0.19% Sb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

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

Why it applies: deleterious\_flag is true

### Fact 88

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-87)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 839
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00233: 839g/t Ag, 0.48g/t Au, 11.1% Pb and 1.25% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 89

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-88)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.48
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows low-grade gold, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00233: 839g/t Ag, 0.48g/t Au, 11.1% Pb and 1.25% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 90

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-89)

Excelsior Springs · lead

#### Identity

- Project: Excelsior Springs
- Commodity: lead
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 11.1
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza lead grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade lead

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00233: 839g/t Ag, 0.48g/t Au, 11.1% Pb and 1.25% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 91

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-90)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.25
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows high-grade copper, indicating potential, though it's a surface sample.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00233: 839g/t Ag, 0.48g/t Au, 11.1% Pb and 1.25% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 92

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-91)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 754
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00242: 754g/t Ag, 10.2% Pb and 1.65% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 93

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-92)

Excelsior Springs · lead

#### Identity

- Project: Excelsior Springs
- Commodity: lead
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 10.2
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza lead grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade lead

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00242: 754g/t Ag, 10.2% Pb and 1.65% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 94

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-93)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.65
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows high-grade copper, indicating potential, though it's a surface sample.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00242: 754g/t Ag, 10.2% Pb and 1.65% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 95

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-94)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 337
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza silver grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00240: 337g/t Ag, 1.63g/t Au, 8.95% Pb and 1.28% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 96

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-95)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.63
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows moderate-grade gold, indicating potential, though it's a surface sample.

- Positive factor: Moderate-grade gold

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00240: 337g/t Ag, 1.63g/t Au, 8.95% Pb and 1.28% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 97

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-96)

Excelsior Springs · lead

#### Identity

- Project: Excelsior Springs
- Commodity: lead
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 8.95
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza lead grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade lead

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00240: 337g/t Ag, 1.63g/t Au, 8.95% Pb and 1.28% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 98

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-97)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 1.28
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows high-grade copper, indicating potential, though it's a surface sample.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00240: 337g/t Ag, 1.63g/t Au, 8.95% Pb and 1.28% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 99

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-98)

Excelsior Springs · silver

#### Identity

- Project: Excelsior Springs
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 190
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows high-grade silver, indicating significant potential, though it's a surface sample.

- Positive factor: High-grade silver

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00232: 190g/t Ag, 0.71g/t Au, 22.5% Pb and 2.36% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 100

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-99)

Excelsior Springs · gold

#### Identity

- Project: Excelsior Springs
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 0.71
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows low-grade gold, though it's a surface sample.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade gold

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00232: 190g/t Ag, 0.71g/t Au, 22.5% Pb and 2.36% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 101

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-100)

Excelsior Springs · lead

#### Identity

- Project: Excelsior Springs
- Commodity: lead
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 22.5
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows bonanza lead grades, indicating significant high-grade potential, though it's a surface sample.

- Positive factor: Bonanza grade lead

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00232: 190g/t Ag, 0.71g/t Au, 22.5% Pb and 2.36% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 102

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-101)

Excelsior Springs · copper

#### Identity

- Project: Excelsior Springs
- Commodity: copper
- Region: usa\_nv
- Reported Region: Nevada, USA
- Ticker: M79

#### Geometry

- Grade: 2.36
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Stantz Trend
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This rock chip sample from the Stantz Trend shows high-grade copper, indicating significant potential, though it's a surface sample.

- Positive factor: High-grade copper

- Positive factor: Polymetallic nature indicates potential for multiple revenue streams

- Positive factor: Competent Person sign-off

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> MREX00232: 190g/t Ag, 0.71g/t Au, 22.5% Pb and 2.36% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 103

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-102)

Picha · copper

#### Identity

- Project: Picha
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 1.38
- Grade Unit: %
- Intercept: 13.1 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows high-grade copper over a good length, indicating significant potential.

- Positive factor: High-grade copper over good length

- Positive factor: Competent Person sign-off

Evidence · text

> 13.1m @ 1.38% Cu &amp; 10.21 g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 104

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-103)

Picha · silver

#### Identity

- Project: Picha
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 10.21
- Grade Unit: g/t
- Intercept: 13.1 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows low-grade silver over a good length.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

Evidence · text

> 13.1m @ 1.38% Cu &amp; 10.21 g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 105

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-104)

Picha · copper

#### Identity

- Project: Picha
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 1.08
- Grade Unit: %
- Intercept: 24 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows high-grade copper over a good length, indicating significant potential.

- Positive factor: High-grade copper over good length

- Positive factor: Competent Person sign-off

Evidence · text

> 24.0m @ 1.08% Cu &amp; 3.99g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 106

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-105)

Picha · silver

#### Identity

- Project: Picha
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 3.99
- Grade Unit: g/t
- Intercept: 24 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows low-grade silver over a good length.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

Evidence · text

> 24.0m @ 1.08% Cu &amp; 3.99g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 107

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-106)

Picha · copper

#### Identity

- Project: Picha
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 0.79
- Grade Unit: %
- Intercept: 30 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows moderate-grade copper over a good length, indicating potential.

- Positive factor: Moderate-grade copper over good length

- Positive factor: Competent Person sign-off

Evidence · text

> 30.0m @ 0.79% Cu &amp; 7.56g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 108

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-107)

Picha · silver

#### Identity

- Project: Picha
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 7.56
- Grade Unit: g/t
- Intercept: 30 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows low-grade silver over a good length.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

Evidence · text

> 30.0m @ 0.79% Cu &amp; 7.56g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 109

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-108)

Picha · copper

#### Identity

- Project: Picha
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 0.6
- Grade Unit: %
- Intercept: 16 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows moderate-grade copper over a good length, indicating potential.

- Positive factor: Moderate-grade copper over good length

- Positive factor: Competent Person sign-off

Evidence · text

> 16.0m @ 0.60% Cu &amp; 9.1g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 110

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-109)

Picha · silver

#### Identity

- Project: Picha
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 9.1
- Grade Unit: g/t
- Intercept: 16 m

#### Classification

- Sample Type: channel

#### Location

- Location: Ichucollo target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This channel sample from the Ichucollo target shows low-grade silver over a good length.

- Positive factor: Competent Person sign-off

- Negative factor: Low-grade silver

Evidence · text

> 16.0m @ 0.60% Cu &amp; 9.1g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### Fact 111

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-110)

Charaque · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Charaque
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 538
- Grade Unit: g/t
- Intercept: 0.3 m

#### Classification

- Sample Type: channel

#### Location

- Location: Huallatani Target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This historical channel sample from the Huallatani Target shows bonanza silver grades over a narrow width, indicating past high-grade potential.

- Positive factor: Bonanza grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Historical result, not new data

- Negative factor: Narrow channel sample length

Evidence · text

> channel sample \(0.3m x 0.2m\) of 538g/t Ag and 19.5% Pb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 112

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-111)

Charaque · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Charaque
- Commodity: lead
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 19.5
- Grade Unit: %
- Intercept: 0.3 m

#### Classification

- Sample Type: channel

#### Location

- Location: Huallatani Target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This historical channel sample from the Huallatani Target shows bonanza lead grades over a narrow width, indicating past high-grade potential.

- Positive factor: Bonanza grade lead

- Positive factor: Competent Person sign-off

- Negative factor: Historical result, not new data

- Negative factor: Narrow channel sample length

Evidence · text

> channel sample \(0.3m x 0.2m\) of 538g/t Ag and 19.5% Pb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 113

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-112)

Charaque · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Charaque
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 43.2
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Huallatani Target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This historical dump sample from the Huallatani Target shows moderate-grade silver, indicating past potential, though it's a surface sample.

- Positive factor: Moderate-grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Historical result, not new data

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> dump samples from historical artisanal mining of up to 43.2g/t Ag and 7.74% Pb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 114

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-113)

Charaque · lead

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Charaque
- Commodity: lead
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 7.74
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Huallatani Target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This historical dump sample from the Huallatani Target shows high-grade lead, indicating past potential, though it's a surface sample.

- Positive factor: High-grade lead

- Positive factor: Competent Person sign-off

- Negative factor: Historical result, not new data

- Negative factor: Surface sample, less reliable than drill results

Evidence · text

> dump samples from historical artisanal mining of up to 43.2g/t Ag and 7.74% Pb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 115

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-114)

Charaque · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Charaque
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 929
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Arco Target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This historical channel sample from the Arco Target shows bonanza silver grades, indicating past high-grade potential.

- Positive factor: Bonanza grade silver

- Positive factor: Competent Person sign-off

- Negative factor: Historical result, not new data

Evidence · text

> channel samples \(2.0m x 0.2m\) up to 929g/t Ag

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 116

[Link to this fact](https://atlas-staging.minestarters.com/news/m79-annual-report-to-shareholders--10db899d-d760-4e4b-af96-47a12f5d5805#fact-drill-facts-115)

Charaque · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Charaque
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: M79

#### Geometry

- Grade: 0.98
- Grade Unit: %
- Intercept: 2 m

#### Classification

- Sample Type: channel

#### Location

- Location: Arco Target
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This historical channel sample from the Arco Target shows high-grade copper, indicating past potential.

- Positive factor: High-grade copper

- Positive factor: Competent Person sign-off

- Negative factor: Historical result, not new data

Evidence · text

> another of up to 0.98% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## 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.
