# METALLA REPORTS FINANCIAL RESULTS FOR THE 2024 FISCAL YEAR AND PROVIDES ASSET UPDATES Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b Original source: https://money.tmx.com/en/quote/MTA/news/6646921684873943/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up Publisher: tmx Original announcement: 2025-03-27T20:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Metalla Royalty & Streaming Ltd. - Ticker: MTA - Exchange: TSX - Region: Unavailable - Primary commodity: Gold - Secondary commodities: Silver, Copper, Nickel, Zinc, Lead, Platinum, Palladium - Document categories: Resource update, Drill results, Production - Extracted: 2026-08-25 23:11:56 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Metalla Royalty & Streaming Ltd. reported its financial and operating results for the 2024 fiscal year, highlighting positive Adjusted EBITDA and first production milestones at Tocantinzinho and La Guitarra. The company provided updates across its diverse royalty and streaming portfolio, noting significant resource and reserve increases at projects like Tocantinzinho, Wharf, Wasamac, CentroGold, and Fosterville, alongside planned extensive drilling programs for 2025. While one asset, El Realito, was reclassified to development stage with no further production expected, the overall outlook for 2025 anticipates substantial growth in attributable GEO production. Reasoning: Metalla Royalty & Streaming Ltd. reported positive financial results for the 2024 fiscal year, achieved production milestones at two key assets, and provided numerous updates across its diverse portfolio, including significant resource increases and planned exploration programs, though one asset was reclassified to development stage and another noted declining grades. - Positive factor: Strong financial performance with positive Adjusted EBITDA. - Positive factor: First production milestones achieved at Tocantinzinho and La Guitarra. - Positive factor: Significant resource and reserve increases at multiple projects \(Tocantinzinho, Wharf, Wasamac, CentroGold, Fosterville\). - Positive factor: Advancement of key projects with permitting \(Copper World\) and technical reports \(Taca Taca\). - Positive factor: Extensive drilling programs planned for 2025 across the portfolio. - Negative factor: El Realito asset reclassified to development stage with no further production expected. - Negative factor: Fosterville gold grades continue to decline with depletion of the Swan zone. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 46 ## Classification and evidence **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The technical information in the news release was reviewed and approved by Charles Beaudry, a QP as defined in NI 43-101. Evidence · text > The technical information contained in this news release has been reviewed and approved by Charles Beaudry , geologist M.Sc., member of the Association of Professional Geoscientists of Ontario and of the Ordre des Géologues du Québec. Mr. Beaudry is a QP as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects \(" NI 43-101 "\). **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical and scientific disclosure, including mineral resources or reserves, was prepared in accordance with Canadian NI 43-101. Evidence · text > Unless otherwise indicated, the technical and scientific disclosure contained or referenced in this press release, ‎ including any ‎ references to mineral resources or mineral reserves, was prepared in accordance with Canadian ‎ NI 43-101 ‎ **Category Upgrade** Polarity: positive Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. Why it applies: Tocantinzinho's infill drilling led to an upward revision of the resource estimate, successfully replacing Mineral Reserves, and Wharf's Measured and Indicated Resources more than doubled, while Inferred Resources more than tripled. Evidence · text > infill drilling and integration of grade control data led to an upward revision of the resource estimate, successfully replacing Mineral Reserves. **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: Tocantinzinho's resource estimate was revised upward, successfully replacing Mineral Reserves, and Wharf's Measured and Indicated Resources for gold more than doubled, with Inferred Resources more than tripling. Evidence · text > infill drilling and integration of grade control data led to an upward revision of the resource estimate, successfully replacing Mineral Reserves. **Grade Decline** Polarity: negative Definition: Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: Fosterville's gold grades continue to decline with the depletion of the Swan zone. Evidence · text > gold grades continue to decline with the depletion of the Swan zone. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The document explicitly states that 'Inferred mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility'. Evidence · text > Inferred mineral resources "have a great amount of uncertainty as to their existence and great uncertainty as to ‎ their ‎ economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ‎ ever be ‎ upgraded to a higher category. **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: Multiple projects, including Tocantinzinho, Dundonald, Wasamac, CentroGold, and Fosterville, announced updated or initial mineral resource/reserve estimates. Evidence · text > G Mining announced an updated Reserve and Resource estimate **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: Wasamac reported its initial declaration of Proven and Probable Mineral Reserves, marking its first formal MRE. Evidence · text > initial declaration at Wasamac of Proven and Probable Mineral Reserves ## Extracted facts Stored fact records: 46. Some facts used in scoring do not have a stored record. ## Resource Estimates (46) ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-0) Tocantinzinho · gold #### Identity - Project: Tocantinzinho - Commodity: gold - Ticker: MTA #### Resource Data - Category: proven - Grade: 1.23 - Grade Unit: g/t - Contained Metal: 1.06 - Contained Unit: Moz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: The updated reserve and resource estimate for Tocantinzinho includes a significant amount of proven gold reserves, indicating strong geological confidence and successful replacement of mined reserves. - Positive factor: Significant proven reserves reported for a key asset. - Positive factor: Resource estimate led to an upward revision and successfully replaced Mineral Reserves. Evidence · text > Proven Mineral Reserves totaled 1.06 Moz at 1.23 g/t gold ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-1) Tocantinzinho · gold #### Identity - Project: Tocantinzinho - Commodity: gold - Ticker: MTA #### Resource Data - Category: probable - Grade: 1.24 - Grade Unit: g/t - Contained Metal: 0.97 - Contained Unit: Moz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: The updated reserve and resource estimate for Tocantinzinho includes a significant amount of probable gold reserves, contributing to the overall project scale and confidence. - Positive factor: Significant probable reserves reported for a key asset. - Positive factor: Resource estimate led to an upward revision and successfully replaced Mineral Reserves. Evidence · text > Probable Mineral Reserves totaled 0.97 Moz at 1.24 g/t gold ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-2) Tocantinzinho · gold #### Identity - Project: Tocantinzinho - Commodity: gold - Ticker: MTA #### Resource Data - Category: indicated - Grade: 1.22 - Grade Unit: g/t - Contained Metal: 2.19 - Contained Unit: Moz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: The updated resource estimate for Tocantinzinho includes a substantial amount of measured and indicated gold resources, enhancing the project's geological confidence. - Positive factor: Significant measured and indicated resources reported for a key asset. - Positive factor: Resource estimate led to an upward revision. Evidence · text > Measured and Indicated Resources totaled 2.19 Moz at 1.22 g/t gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-3) Tocantinzinho · gold #### Identity - Project: Tocantinzinho - Commodity: gold - Ticker: MTA #### Resource Data - Category: inferred - Grade: 1.12 - Grade Unit: g/t - Contained Metal: 27 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Inferred gold resources were reported for Tocantinzinho, which, while adding to the overall resource base, carry a higher degree of geological uncertainty. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > Inferred Resources totaled 27 Koz at 1.12 g/t gold ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-4) Tocantinzinho · gold #### Identity - Project: Tocantinzinho - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: The Tocantinzinho mill achieved a solid gold recovery rate of 88% during its commercial production ramp-up, indicating efficient processing. - Positive factor: Mill achieved a good recovery rate for gold. Evidence · text > recovery rate of 88% ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-5) Wharf · gold #### Identity - Project: Wharf - Commodity: gold - Ticker: MTA #### Resource Data - Category: probable - Grade: 0.81 - Grade Unit: g/t - Contained Metal: 757 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wharf reported a substantial increase in proven and probable gold reserves, more than doubling the prior estimate, which significantly extends the mine life potential. - Positive factor: Significant proven and probable reserves reported. - Positive factor: Reserves more than doubled, indicating substantial growth. Evidence · text > Proven and Probable Reserves totaled 757 Koz at 0.81 g/t gold ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-6) Wharf · gold #### Identity - Project: Wharf - Commodity: gold - Ticker: MTA #### Resource Data - Category: measured - Grade: 0.53 - Grade Unit: g/t - Contained Metal: 175 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wharf reported a significant increase in measured gold resources, contributing to a more than doubling of the measured and indicated categories. - Positive factor: Measured resources reported. - Positive factor: Measured and Indicated Resources more than doubled. Evidence · text > Measured Resources totaled 175 Koz at 0.53 g/t gold ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-7) Wharf · gold #### Identity - Project: Wharf - Commodity: gold - Ticker: MTA #### Resource Data - Category: indicated - Grade: 0.53 - Grade Unit: g/t - Contained Metal: 845 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wharf reported a substantial increase in indicated gold resources, contributing to a more than doubling of the measured and indicated categories. - Positive factor: Indicated resources reported. - Positive factor: Measured and Indicated Resources more than doubled. Evidence · text > Indicated Resources totaled 845 Koz at 0.53 g/t gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-8) Wharf · gold #### Identity - Project: Wharf - Commodity: gold - Ticker: MTA #### Resource Data - Category: inferred - Grade: 0.56 - Grade Unit: g/t - Contained Metal: 470 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wharf reported a significant increase in inferred gold resources, more than tripling the prior estimate, which adds to future exploration potential. - Positive factor: Inferred Resources for gold more than tripled. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > Inferred Resources totaled 470 Koz at 0.56 g/t gold ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-9) Aranzazu · copper #### Identity - Project: Aranzazu - Commodity: copper - Ticker: MTA #### Resource Data - Grade: 1.6 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Exploration drilling at Aranzazu's Glory Hole zone returned a strong copper intercept over a significant width, confirming mineralization continuity at depth. - Positive factor: Good copper intercept in exploration drilling. - Positive factor: Confirms continuity of mineralized skarn in deeper levels. Evidence · text > 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-10) Aranzazu · gold #### Identity - Project: Aranzazu - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 0.5 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A gold intercept was reported as part of a polymetallic zone in exploration drilling at Aranzazu's Glory Hole. Evidence · text > 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-11) Aranzazu · silver #### Identity - Project: Aranzazu - Commodity: silver - Ticker: MTA #### Resource Data - Grade: 19 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A silver intercept was reported as part of a polymetallic zone in exploration drilling at Aranzazu's Glory Hole. Evidence · text > 1.6% copper, 0.5 g/t gold, 19 g/t silver over 23 meters ### Fact 13 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-12) Aranzazu · copper #### Identity - Project: Aranzazu - Commodity: copper - Ticker: MTA #### Resource Data - Grade: 1.08 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Exploration drilling at Aranzazu's Glory Hole zone returned a good copper intercept, confirming mineralization continuity at depth. - Positive factor: Good copper intercept in exploration drilling. - Positive factor: Confirms continuity of mineralized skarn in deeper levels. Evidence · text > 1.08% copper, 0.19 g/t gold, 10 g/t silver over 8 meters ### Fact 14 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-13) Aranzazu · gold #### Identity - Project: Aranzazu - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 0.19 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A gold intercept was reported as part of a polymetallic zone in exploration drilling at Aranzazu's Glory Hole. Evidence · text > 1.08% copper, 0.19 g/t gold, 10 g/t silver over 8 meters ### Fact 15 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-14) Aranzazu · silver #### Identity - Project: Aranzazu - Commodity: silver - Ticker: MTA #### Resource Data - Grade: 10 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A silver intercept was reported as part of a polymetallic zone in exploration drilling at Aranzazu's Glory Hole. Evidence · text > 1.08% copper, 0.19 g/t gold, 10 g/t silver over 8 meters ### Fact 16 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-15) Aranzazu · copper #### Identity - Project: Aranzazu - Commodity: copper - Ticker: MTA #### Resource Data - Grade: 1.04 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Exploration drilling at Aranzazu's Esperanza zone returned a strong copper intercept over a good width, confirming the deep extension of the skarn body. - Positive factor: Good copper intercept in exploration drilling. - Positive factor: Confirmed deep extension of the La Esperanza copper-gold skarn body. Evidence · text > 1.04% copper, 0.47 g/t gold, 13 g/t silver over 16 meters ### Fact 17 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-16) Aranzazu · gold #### Identity - Project: Aranzazu - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 0.47 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A gold intercept was reported as part of a polymetallic zone in exploration drilling at Aranzazu's Esperanza zone. Evidence · text > 1.04% copper, 0.47 g/t gold, 13 g/t silver over 16 meters ### Fact 18 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-17) Aranzazu · silver #### Identity - Project: Aranzazu - Commodity: silver - Ticker: MTA #### Resource Data - Grade: 13 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A silver intercept was reported as part of a polymetallic zone in exploration drilling at Aranzazu's Esperanza zone. Evidence · text > 1.04% copper, 0.47 g/t gold, 13 g/t silver over 16 meters ### Fact 19 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-18) La Encantada · gold #### Identity - Project: La Encantada - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: La Encantada reported 26 ounces of gold production in Q4 2024, with improvements in processing and recovery following water source identification. - Positive factor: Ore processing, silver grades, and silver recovery improved in Q4 compared to Q3. Evidence · text > production of 26 oz of gold from La Encantada in the fourth quarter of 2024 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-19) Dundonald · nickel #### Identity - Project: Dundonald - Commodity: nickel - Ticker: MTA #### Resource Data - Category: indicated - Grade: 0.52 - Grade Unit: % - Contained Metal: 31.6 - Contained Unit: Mlbs #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Dundonald reported an updated mineral resource estimate including significant indicated nickel resources. Evidence · text > Total Indicated Resources were 31.6 Mlbs at 0.52% nickel ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-20) Dundonald · copper #### Identity - Project: Dundonald - Commodity: copper - Ticker: MTA #### Resource Data - Category: indicated - Grade: 0.02 - Grade Unit: % - Contained Metal: 1.06 - Contained Unit: Mlbs #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Dundonald reported an updated mineral resource estimate including indicated copper resources as a byproduct. Evidence · text > 1.06 Mlbs at 0.02% copper ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-21) Dundonald · nickel #### Identity - Project: Dundonald - Commodity: nickel - Ticker: MTA #### Resource Data - Category: inferred - Grade: 0.43 - Grade Unit: % - Contained Metal: 37.6 - Contained Unit: Mlbs #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Dundonald reported an updated mineral resource estimate including inferred nickel resources, which carry a higher degree of uncertainty. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > Inferred Resources were 37.6 Mlbs at 0.43% nickel ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-22) Dundonald · copper #### Identity - Project: Dundonald - Commodity: copper - Ticker: MTA #### Resource Data - Category: inferred - Grade: 0.01 - Grade Unit: % - Contained Metal: 1.27 - Contained Unit: Mlbs #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Dundonald reported an updated mineral resource estimate including inferred copper resources as a byproduct, which carry a higher degree of uncertainty. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > 1.27 Mlbs at 0.01% copper ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-23) Wasamac · gold #### Identity - Project: Wasamac - Commodity: gold - Ticker: MTA #### Resource Data - Category: probable - Grade: 2.9 - Grade Unit: g/t - Contained Metal: 1.38 - Contained Unit: Moz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wasamac reported an initial declaration of substantial proven and probable gold reserves, marking a significant milestone for the project. - Positive factor: Initial declaration of significant proven and probable reserves. Evidence · text > Proven and Probable Mineral Reserves of 1.38 Moz at 2.9 g/t gold ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-24) Wasamac · gold #### Identity - Project: Wasamac - Commodity: gold - Ticker: MTA #### Resource Data - Category: indicated - Grade: 2.19 - Grade Unit: g/t - Contained Metal: 667 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wasamac reported significant indicated gold resources as part of its initial resource declaration, providing a solid base for future studies. - Positive factor: Indicated resources reported for the project. Evidence · text > Indicated Resources of 667 Koz at 2.19 g/t gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-25) Wasamac · gold #### Identity - Project: Wasamac - Commodity: gold - Ticker: MTA #### Resource Data - Category: inferred - Grade: 1.65 - Grade Unit: g/t - Contained Metal: 312 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Wasamac reported inferred gold resources as part of its initial resource declaration, which, while adding to the overall resource base, carry a higher degree of geological uncertainty. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > Inferred Resources of 312 Koz at 1.65 g/t gold ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-26) CentroGold · gold #### Identity - Project: CentroGold - Commodity: gold - Ticker: MTA #### Resource Data - Category: indicated - Grade: 1.31 - Grade Unit: g/t - Contained Metal: 1.83 - Contained Unit: Moz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: CentroGold reported an updated mineral resource estimate including substantial indicated gold resources, enhancing the project's geological confidence. - Positive factor: Significant indicated resources reported. Evidence · text > Indicated Resources of 1.83 Moz at 1.31 g/t gold ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-27) CentroGold · gold #### Identity - Project: CentroGold - Commodity: gold - Ticker: MTA #### Resource Data - Category: inferred - Grade: 1.29 - Grade Unit: g/t - Contained Metal: 770 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: CentroGold reported an updated mineral resource estimate including inferred gold resources, which, while adding to the overall resource base, carry a higher degree of geological uncertainty. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > Inferred Resources of 770 Koz at 1.29 g/t gold ### Fact 29 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-28) Fosterville · gold #### Identity - Project: Fosterville - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Fosterville produced 37.1 Koz of gold in Q4 2024, but noted declining gold grades due to the depletion of the Swan zone. - Negative factor: Gold grades continue to decline with the depletion of the Swan zone. Evidence · text > Fosterville produced 37.1 Koz of gold in the fourth quarter of 2024 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-29) Fosterville · gold #### Identity - Project: Fosterville - Commodity: gold - Ticker: MTA #### Resource Data - Category: inferred - Contained Metal: 543 - Contained Unit: Koz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Fosterville added a substantial 543 Koz to its inferred gold resources, primarily from successful drilling at Lower Phoenix and Robbins Hill. - Positive factor: Significant addition to inferred resources from successful drilling. - Negative factor: Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. Evidence · text > Fosterville added 543 Koz in the Inferred Resource category ### Fact 31 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-30) Tower Mountain · gold #### Identity - Project: Tower Mountain - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 1.93 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Drilling at Tower Mountain's P-Target returned a significant gold intercept of 1.93 g/t over 54.2 meters. - Positive factor: Significant gold intercept with good width. Evidence · text > 1.93 g/t gold over 54.2 meters ### Fact 32 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-31) Tower Mountain · gold #### Identity - Project: Tower Mountain - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 3.64 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A high-grade sub-interval of 3.64 g/t gold over 10.5 meters was reported within a broader intercept at Tower Mountain. - Positive factor: High-grade sub-interval within a significant intercept. Evidence · text > 3.64 g/t gold over 10.5 meters ### Fact 33 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-32) Tower Mountain · gold #### Identity - Project: Tower Mountain - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 1.77 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Drilling at Tower Mountain's P-Target returned another significant gold intercept of 1.77 g/t over 25.5 meters. - Positive factor: Significant gold intercept with good width. Evidence · text > 1.77 g/t gold over 25.5 meters ### Fact 34 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-33) Tower Mountain · gold #### Identity - Project: Tower Mountain - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 3.55 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: A high-grade sub-interval of 3.55 g/t gold over 7.6 meters was reported within a broader intercept at Tower Mountain. - Positive factor: High-grade sub-interval within a significant intercept. Evidence · text > 3.55 g/t gold over 7.6 meters ### Fact 35 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-34) Saturday Night · gold #### Identity - Project: Saturday Night - Commodity: gold - Ticker: MTA #### Resource Data - Grade: 1.04 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Drilling at Saturday Night confirmed a significant polymetallic mineralized interval including gold. - Positive factor: Confirmed significant mineralized interval. Evidence · text > 1.04 g/t PGEs \(gold, platinum and palladium\) with 0.19% copper over 14 meters ### Fact 36 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-35) Saturday Night · platinum #### Identity - Project: Saturday Night - Commodity: platinum - Ticker: MTA #### Resource Data - Grade: 1.04 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Drilling at Saturday Night confirmed a significant polymetallic mineralized interval including platinum. - Positive factor: Confirmed significant mineralized interval. Evidence · text > 1.04 g/t PGEs \(gold, platinum and palladium\) with 0.19% copper over 14 meters ### Fact 37 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-36) Saturday Night · palladium #### Identity - Project: Saturday Night - Commodity: palladium - Ticker: MTA #### Resource Data - Grade: 1.04 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Drilling at Saturday Night confirmed a significant polymetallic mineralized interval including palladium. - Positive factor: Confirmed significant mineralized interval. Evidence · text > 1.04 g/t PGEs \(gold, platinum and palladium\) with 0.19% copper over 14 meters ### Fact 38 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-37) Saturday Night · copper #### Identity - Project: Saturday Night - Commodity: copper - Ticker: MTA #### Resource Data - Grade: 0.19 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Drilling at Saturday Night confirmed a significant polymetallic mineralized interval including copper. - Positive factor: Confirmed significant mineralized interval. Evidence · text > 1.04 g/t PGEs \(gold, platinum and palladium\) with 0.19% copper over 14 meters ### Fact 39 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-38) Wharf · gold #### Identity - Project: Wharf - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for the Wharf project for the 2024 fiscal year. Evidence · table > 679 Context: Wharf ### Fact 40 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-39) El Realito · gold #### Identity - Project: El Realito - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for El Realito for 2024, but the asset has been reclassified to development stage with no further production expected. - Negative factor: Royalty reclassified to development stage with no further production expected. Evidence · table > 275 Context: El Realito ### Fact 41 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-40) La Encantada · gold #### Identity - Project: La Encantada - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for the La Encantada project for the 2024 fiscal year. Evidence · table > 171 Context: La Encantada ### Fact 42 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-41) Aranzazu · gold #### Identity - Project: Aranzazu - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for the Aranzazu project for the 2024 fiscal year. Evidence · table > 779 Context: Aranzazu ### Fact 43 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-42) Tocantinzinho · gold #### Identity - Project: Tocantinzinho - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for the Tocantinzinho project for the 2024 fiscal year. Evidence · table > 424 Context: Tocantinzinho ### Fact 44 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-43) La Guitarra · gold #### Identity - Project: La Guitarra - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for the La Guitarra project for the 2024 fiscal year. Evidence · table > 45 Context: La Guitarra ### Fact 45 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-44) NLGM · gold #### Identity - Project: NLGM - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Attributable gold equivalent ounces \(GEOs\) reported for the NLGM project for the 2024 fiscal year. Evidence · table > 108 Context: NLGM ### Fact 46 [Link to this fact](https://atlas-staging.minestarters.com/news/metalla-reports-financial-results-for-the-2024-fiscal-year-and-provides-asset-up--f77b0cfa-1a84-4ed2-827e-f340989bb72b#fact-resource-facts-45) gold #### Identity - Commodity: gold - Ticker: MTA #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-27T00:00:00.000Z Reasoning: Total attributable gold equivalent ounces \(GEOs\) reported for the company for the 2024 fiscal year. Evidence · table > 2,481 Context: Total attributable GEOs ## 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.