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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1649-tsx-venture/mtt/213230-magna-terra-receives-first-anniversary-option-payment-from-lunex-metals-on-the-luna-roja-project-argentina.html

Publisher: jmn

Original announcement: 2026-10-20T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-20T12:35:27.307Z

Atlas analysis updated: 2026-10-20T12:35:27.307Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: receipt of anniversary option payment

- Positive factor: advancement of Luna Roja project by partner

- Positive factor: identification of multiple exploration targets

- Negative factor: drill results are historical restatements of the July 15, 2026 program

Facts used in scoring: 14

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: 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 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 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\_DDH14

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-0)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: broad intercept

- Negative factor: 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 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH14

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-1)

Luna Roja · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: significant silver grade

- Negative factor: historical data

Evidence · text

> 61.76 g/t silver

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH14

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-2)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: higher grade sub-interval

- Negative factor: narrow width

- Negative factor: historical data

Evidence · text

> including 2.0 metres grading 1.15 g/t gold

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH14

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-3)

Luna Roja · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: bonanza silver grade

- Negative factor: narrow width

- Negative factor: historical data

Evidence · text

> 465.0 g/t silver

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH15

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-4)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: broad intercept

- Negative factor: 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 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH15

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-5)

Luna Roja · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: silver credits

- Negative factor: historical data

Evidence · text

> 9.38 g/t silver

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH15

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-6)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: higher grade sub-interval

- Negative factor: narrow width

- Negative factor: historical data

Evidence · text

> including 4.0 metres grading 1.79 g/t gold

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH15

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-7)

Luna Roja · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: higher grade sub-interval

- Negative factor: narrow width

- Negative factor: historical data

Evidence · text

> 33.15 g/t silver

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH17

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-8)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: moderate width

- Negative factor: 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 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH17

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-9)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: higher grade sub-interval

- Negative factor: narrow width

- Negative factor: historical data

Evidence · text

> including 2.0 metres grading 2.04 g/t gold

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH26

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-10)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: low grade

- Negative factor: 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 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH26

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-11)

Luna Roja · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: silver credits

- Negative factor: historical data

Evidence · text

> 44.05 g/t silver

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH27

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-12)

Luna Roja · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: low grade

- Negative factor: 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 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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\_DDH27

[Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-minerals-receives-first-anniversary-option-payment-from-lunex-metals--a87c072f-5b99-46ca-92c8-8528cd67a7e9#fact-drill-facts-13)

Luna Roja · silver

Historical result

Needs review: historical\_restatement

#### 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 factor: silver credits

- Negative factor: historical data

Evidence · text

> 16.40 g/t silver

#### 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

**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

**Nearology Play**

Polarity: neutral

Definition: 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.