# Magna Terra Partner Lunex Metals Advances Exploration and Launches Drill Program at the Luna Roja Project in Santa Cruz, Argentina Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program--4ffd7388-a286-4c5b-b791-6632ad21dcac Original source: https://money.tmx.com/en/quote/MTT/news/4740629426488292/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program Publisher: tmx Original announcement: 2026-02-12T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Magna Terra Minerals Inc. - Ticker: MTT - Exchange: TSX - Region: Santa Cruz, Argentina - Primary commodity: Gold - Secondary commodities: Silver, Mercury - Document categories: Drill results, Agreement transaction - Extracted: 2026-08-25 22:55:43 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Magna Terra Minerals has announced that its partner, Lunex Metals, has commenced a 3,000-metre drill program at the Luna Roja Project in Argentina. The program follows high-grade surface gold and silver sampling and aims to test priority targets identified through recent geophysical and geochemical work. Reasoning: The announcement marks the start of a significant drill program following strong surface geochemistry and historical drill results at a prospective epithermal project. - Positive factor: Commencement of 3,000m drill program - Positive factor: High-grade surface sampling \(13.26 g/t Au, 1,155 g/t Ag\) - Positive factor: Presence of mercury pathfinder - Positive factor: Historical drill success \(LR\_DDH002\) - Negative factor: Mercury presence noted \(though described as pathfinder\) Facts used in scoring: 5 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions 10% QA/QC controls including blanks, standards, and duplicates. Evidence · text > Channel and rock-chip samples included 10% QA/QC controls through the insertion of blank samples **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Surface silver assay of 1,155 g/t is exceptionally high. Evidence · text > 1,155 g/t silver ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program--4ffd7388-a286-4c5b-b791-6632ad21dcac#fact-drill-facts-0) gold #### Identity - Commodity: gold - Ticker: MTT #### Geometry - Grade: 13.26 - Grade Unit: g/t - Intercept: 1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: channel - Group ID: surface:estrelladelnorte - Mining Method: underground #### QA/QC - Laboratory: Alex Stewart International - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-12T00:00:00.000Z Reasoning: Exceptional gold grade from surface channel sampling. - Positive factor: High grade intercept ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program--4ffd7388-a286-4c5b-b791-6632ad21dcac#fact-drill-facts-1) silver #### Identity - Commodity: silver - Ticker: MTT #### Geometry - Grade: 1155 - Grade Unit: g/t - Intercept: 1 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: channel - Group ID: surface:estrelladelnorte - Mining Method: underground #### QA/QC - Laboratory: Alex Stewart International - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-12T00:00:00.000Z Reasoning: Exceptional silver grade from surface channel sampling. - Positive factor: High grade intercept ### LR\_DDH002 [Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program--4ffd7388-a286-4c5b-b791-6632ad21dcac#fact-drill-facts-2) gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: LR\_DDH002 - Commodity: gold - Ticker: MTT #### Geometry - Grade: 0.62 - Grade Unit: g/t - Intercept: 75 m - From: 37 m - To: 112 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: LR\_DDH002:37.0-112.0 - Mining Method: underground #### QA/QC - Laboratory: ALS Chemex Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2019-04-16T00:00:00.000Z #### Dates - Event date: 2026-02-12T00:00:00.000Z Reasoning: Historical drill intercept with significant width but low grade. - Positive factor: Significant width ### LR\_DDH002 [Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program--4ffd7388-a286-4c5b-b791-6632ad21dcac#fact-drill-facts-3) silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: LR\_DDH002 - Commodity: silver - Ticker: MTT #### Geometry - Grade: 5.6 - Grade Unit: g/t - Intercept: 75 m - From: 37 m - To: 112 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: LR\_DDH002:37.0-112.0 - Mining Method: underground #### QA/QC - Laboratory: ALS Chemex Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2019-04-16T00:00:00.000Z #### Dates - Event date: 2026-02-12T00:00:00.000Z Reasoning: Historical drill intercept with low silver grade. ### LR\_DDH002 [Link to this fact](https://atlas-staging.minestarters.com/news/magna-terra-partner-lunex-metals-advances-exploration-and-launches-drill-program--4ffd7388-a286-4c5b-b791-6632ad21dcac#fact-drill-facts-4) gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: LR\_DDH002 - Commodity: gold - Ticker: MTT #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 42 m - From: 68 m - To: 110 m #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Group ID: LR\_DDH002:68.0-110.0 - Mining Method: underground #### QA/QC - Laboratory: ALS Chemex Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards, duplicates #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2019-04-16T00:00:00.000Z #### Dates - Event date: 2026-02-12T00:00:00.000Z Reasoning: Historical sub-interval showing grade improvement at depth. - Positive factor: Increased grade with depth ## 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.