Magna Terra Minerals Receives First Anniversary Option Payment from Lunex Metals on the Luna Roja Project, Argentina

Original announcement by jmn on

Company
Magna Terra Minerals Inc.
Ticker
MTT
Exchange
TSXV
Region
Santa Cruz Province, Argentina
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Agreement transaction, Drill results
Extracted
2026-10-20 12:35:28 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Magna Terra Minerals has received its first anniversary option payment from Lunex Metals regarding the Luna Roja Project in Argentina. The release also summarizes recent diamond drilling results from the first half of 2026 that identified gold-silver mineralization at the Cruz del Sur and Estrella del Norte targets.

Reasoning: The document primarily announces a milestone payment in an option agreement, while also summarizing recent drill results from a previous program.

Positive factors

  • receipt of anniversary option payment
  • advancement of Luna Roja project by partner
  • identification of multiple exploration targets

Negative factors

  • drill results are historical restatements of the July 15, 2026 program

Facts used in scoring: 14

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill results summarized are from a program completed in the first half of 2026, which is being reviewed as part of an ongoing option agreement.

Evidence · text

“During the first half of 2026, Lunex completed an inaugural diamond drilling program”

Apparent Width Onlynegative

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

Why it applies: The document explicitly states that true widths are not yet estimated due to limited understanding of geometry.

Evidence · text

“True widths are not yet estimated due to the current limited understanding of the geometry of the mineralized zones.”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Drill Results (14)

LR_DDH14Luna Roja · goldGrade: 0.36Grade Unit: g/tIntercept: 23.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH14
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
23.1 m
From
79 m
To
102.1 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH14:79-102.1
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Moderate grade over a wide intercept, but reported as historical.

Positive factors

  • broad intercept

Negative factors

  • historical data

Evidence · text

“23.1 metres (from 79.0 to 102.1 metres) grading 0.36 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH14Luna Roja · silverGrade: 61.76Grade Unit: g/tIntercept: 23.1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH14
Project
Luna Roja
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
61.76
Grade Unit
g/t
Intercept
23.1 m
From
79 m
To
102.1 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH14:79-102.1
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Significant silver grade over a wide intercept, but reported as historical.

Positive factors

  • significant silver grade

Negative factors

  • historical data

Evidence · text

“61.76 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH14Luna Roja · goldGrade: 1.15Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH14
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
1.15
Grade Unit
g/t
Intercept
2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH14:sub-interval
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: High grade sub-interval within a larger intercept, but narrow and historical.

Positive factors

  • higher grade sub-interval

Negative factors

  • narrow width
  • historical data

Evidence · text

“including 2.0 metres grading 1.15 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH14Luna Roja · silverGrade: 465Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH14
Project
Luna Roja
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
465
Grade Unit
g/t
Intercept
2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH14:sub-interval
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: High grade silver sub-interval, but narrow and historical.

Positive factors

  • bonanza silver grade

Negative factors

  • narrow width
  • historical data

Evidence · text

“465.0 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH15Luna Roja · goldGrade: 0.7Grade Unit: g/tIntercept: 19 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH15
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
19 m
From
103 m
To
122 m
Intercept Depth
103 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH15:103-122
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Moderate grade over a wide intercept, but historical.

Positive factors

  • broad intercept

Negative factors

  • historical data

Evidence · text

“19.0 metres (from 103.0 to 122.0 metres) grading 0.70 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH15Luna Roja · silverGrade: 9.38Grade Unit: g/tIntercept: 19 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH15
Project
Luna Roja
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
9.38
Grade Unit
g/t
Intercept
19 m
From
103 m
To
122 m
Intercept Depth
103 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH15:103-122
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Silver credits in a gold intercept, but historical.

Positive factors

  • silver credits

Negative factors

  • historical data

Evidence · text

“9.38 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH15Luna Roja · goldGrade: 1.79Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH15
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
1.79
Grade Unit
g/t
Intercept
4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH15:sub-interval
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Higher grade sub-interval, but narrow and historical.

Positive factors

  • higher grade sub-interval

Negative factors

  • narrow width
  • historical data

Evidence · text

“including 4.0 metres grading 1.79 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH15Luna Roja · silverGrade: 33.15Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH15
Project
Luna Roja
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
33.15
Grade Unit
g/t
Intercept
4 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH15:sub-interval
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Higher grade silver sub-interval, but narrow and historical.

Positive factors

  • higher grade sub-interval

Negative factors

  • narrow width
  • historical data

Evidence · text

“33.15 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH17Luna Roja · goldGrade: 0.63Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH17
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
10 m
From
120 m
To
130 m
Intercept Depth
120 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH17:120-130
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Moderate grade and width, but historical.

Positive factors

  • moderate width

Negative factors

  • historical data

Evidence · text

“10.0 metres (from 120.0 to 130.0 metres) grading 0.63 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH17Luna Roja · goldGrade: 2.04Grade Unit: g/tIntercept: 2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH17
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
2.04
Grade Unit
g/t
Intercept
2 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH17:sub-interval
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Higher grade sub-interval, but narrow and historical.

Positive factors

  • higher grade sub-interval

Negative factors

  • narrow width
  • historical data

Evidence · text

“including 2.0 metres grading 2.04 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH26Luna Roja · goldGrade: 0.23Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH26
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
8 m
From
20 m
To
28 m
Intercept Depth
20 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH26:20-28
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Low grade intercept, historical.

Negative factors

  • low grade
  • historical data

Evidence · text

“8.0 metres (from 20.0 to 28.0 metres) grading 0.23 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH26Luna Roja · silverGrade: 44.05Grade Unit: g/tIntercept: 8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH26
Project
Luna Roja
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
44.05
Grade Unit
g/t
Intercept
8 m
From
20 m
To
28 m
Intercept Depth
20 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH26:20-28
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Silver credits in a gold intercept, but historical.

Positive factors

  • silver credits

Negative factors

  • historical data

Evidence · text

“44.05 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH27Luna Roja · goldGrade: 0.39Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH27
Project
Luna Roja
Commodity
gold
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
6 m
From
43 m
To
49 m
Intercept Depth
43 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH27:43-49
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Low grade intercept, historical.

Negative factors

  • low grade
  • historical data

Evidence · text

“6.0 metres (from 43.0 to 49.0 metres) grading 0.39 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

LR_DDH27Luna Roja · silverGrade: 16.4Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LR_DDH27
Project
Luna Roja
Commodity
silver
Region
argentina
Reported Region
argentina
Ticker
MTT

Geometry

Grade
16.4
Grade Unit
g/t
Intercept
6 m
From
43 m
To
49 m
Intercept Depth
43 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
LR_DDH27:43-49
Mining Method
unknown

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-15T00:00:00.000Z

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Silver credits in a gold intercept, but historical.

Positive factors

  • silver credits

Negative factors

  • historical data

Evidence · text

“16.40 g/t silver”

Tags used in scoring

No QA/QC Disclosurenegative

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

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

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

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "MORE MINING NEWS Tocvan Reports Positive Closed-Circuit Column Leach Results at Gran Pilar Lavras Gold Defines a Distric"

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.