# MHC: Drilling at Spectre Delivers 6.10m at 3.18% Cu, 1.37g/t Au

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148616

Publisher: asx

Original announcement: 2026-10-05T21:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-05T22:35:04.128Z

Atlas analysis updated: 2026-10-05T22:35:04.128Z

- Company: Manhattan Gold Corporation Limited

- Ticker: MHC

- Exchange: ASX

- Region: Nunavut, Canada

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Zinc, Lead

- Document categories: Drill results

- Extracted: 2026-10-05 22:35:04 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Manhattan Gold Corporation Limited reported strong polymetallic assay results from maiden drilling at its Spectre target within the Hook Lake Project in Nunavut, Canada. Hole SPC26001 delivered 6.10m at 3.18% Cu, 1.37g/t Au, 147.9g/t Ag, and 1.35% Zn, including a high-grade zinc zone of 3.05m at 29.50% Zn. SPC26002 confirmed mineralization 77m along strike, with both holes establishing Spectre as a significant VMS target and diversifying the company's metal exposure.

Reasoning: Maiden drilling at the Spectre VMS target delivered exceptional polymetallic grades, particularly for zinc and copper, exceeding expectations and establishing a new high-priority target for the Hook Lake Project.

- Positive factor: High-grade polymetallic intercepts \(Cu, Au, Ag, Zn, Pb\) from maiden drilling.

- Positive factor: Maiden drilling at Spectre exceeded expectations of both grade and thickness.

- Positive factor: Established Spectre as a new significant VMS target, diversifying metal exposure for the Hook Lake Project.

- Positive factor: Mineralization extended along strike \(77m\) and to vertical depth \(86m\).

- Positive factor: Comprehensive QA/QC procedures and JORC compliance disclosed.

- Positive factor: QP signed off on the exploration results.

- Negative factor: Reported intervals are downhole lengths, and true widths are not known.

- Negative factor: Drilling orientation for SPC26001 and SPC26008 was down-dip, potentially introducing sample bias and exaggerating apparent width.

- Negative factor: Data spacing is not yet sufficient to establish geological or grade continuity for resource estimation.

Facts used in scoring: 105

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes extensive QA/QC disclosure in JORC Table 1 Section 1, detailing sample preparation, analytical methods, and insertion of blanks, standards, and field duplicates.

Evidence · text

> Quality control samples are inserted into the sample stream at a rate of 10% consisting of coarse blanks CDN BL-10T or OREAS C26e, certified reference material OREAS 236b and CDN-GS-1P5X, and field duplicates. These are assessed by MHC technical staff

**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 reported intervals are drilled lengths and true thicknesses are not known, and that drilling was partly down-dip, which may exaggerate apparent width.

Evidence · text

> Reported intervals are drilled lengths not true thicknesses.

**Maiden Resource**

Polarity: neutral

Story-specific tag

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The announcement describes the drilling as 'Maiden Drilling at Spectre' and refers to Spectre as a 'new exploration frontier'.

Evidence · text

> Maiden Drilling at Spectre Delivers 6.10m at 3.18% Copper, 1.37g/t Gold, 147.9g/t Silver, and 1.35% Zinc

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Hole SPC26002 is reported to repeat mineralization '77m along strike' from SPC26001, indicating an extension of the mineralized zone.

Evidence · text

> SPC26002 repeats copper, gold, silver and zinc 77m along strike

## Extracted facts

Stored fact records: 105. Some facts used in scoring do not have a stored record.

## Drill Results (105)

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-0)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.146
- Grade Unit: g/t
- Intercept: 19.82 m
- From: 9.14 m
- To: 28.96 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:9.14-28.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Gold grade is weak \(0.146 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.146

Context: 19.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-1)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 6.2
- Grade Unit: g/t
- Intercept: 19.82 m
- From: 9.14 m
- To: 28.96 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:9.14-28.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(6.2 g/t vs VMS weak 30 g/t\).

Evidence · table

> 6.2

Context: 19.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-2)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.043
- Grade Unit: %
- Intercept: 19.82 m
- From: 9.14 m
- To: 28.96 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:9.14-28.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the VMS weak threshold \(0.043% vs 0.4%\).

Evidence · table

> 0.043

Context: 19.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-3)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.011
- Grade Unit: %
- Intercept: 19.82 m
- From: 9.14 m
- To: 28.96 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:9.14-28.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.011

Context: 19.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-4)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 5.552
- Grade Unit: %
- Intercept: 19.82 m
- From: 9.14 m
- To: 28.96 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:9.14-28.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate zinc grade in a broad intercept from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is moderate \(5.552% vs VMS moderate 5%\).

Evidence · table

> 5.552

Context: 19.82

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-5)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.365
- Grade Unit: g/t
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a sub-interval from maiden drilling at a new VMS target.

- Negative factor: Gold grade is weak \(0.365 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.365

Context: 7.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-6)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 12
- Grade Unit: g/t
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a sub-interval from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(12.0 g/t vs VMS weak 30 g/t\).

Evidence · table

> 12.0

Context: 7.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-7)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.076
- Grade Unit: %
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in a sub-interval from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the VMS weak threshold \(0.076% vs 0.4%\).

Evidence · table

> 0.076

Context: 7.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-8)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.024
- Grade Unit: %
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a sub-interval from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.024

Context: 7.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-9)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 13.982
- Grade Unit: %
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Strong zinc grade in a sub-interval from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is strong \(13.982% vs VMS strong 10%\).

Evidence · table

> 13.982

Context: 7.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-10)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.244
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a high-grade zinc sub-interval from maiden drilling at a new VMS target.

- Negative factor: Gold grade is weak \(0.244 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.244

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-11)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 14.2
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a high-grade zinc sub-interval from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(14.2 g/t vs VMS weak 30 g/t\).

Evidence · table

> 14.2

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-12)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.087
- Grade Unit: %
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in a high-grade zinc sub-interval from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the VMS weak threshold \(0.087% vs 0.4%\).

Evidence · table

> 0.087

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-13)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.041
- Grade Unit: %
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a high-grade zinc sub-interval from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.041

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-14)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 29.5
- Grade Unit: %
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Exceptional zinc grade in a narrow sub-interval from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is exceptional \(29.500% vs VMS exceptional 18%\).

- Positive factor: Bonanza Intercept: Exceptionally high-grade zinc zone.

Evidence · table

> 29.500

Context: 3.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: Zinc grade of 29.50% is well above the VMS exceptional threshold of 18%.

Evidence · table

> 29.500

Context: 3.05

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-15)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.207
- Grade Unit: g/t
- Intercept: 82.3 m
- From: 38.1 m
- To: 120.4 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:38.1-120.4
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a very broad intercept from maiden drilling at a new VMS target.

- Negative factor: Gold grade is weak \(0.207 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.207

Context: 82.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-16)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 22.7
- Grade Unit: g/t
- Intercept: 82.3 m
- From: 38.1 m
- To: 120.4 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:38.1-120.4
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a very broad intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(22.7 g/t vs VMS weak 30 g/t\).

Evidence · table

> 22.7

Context: 82.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-17)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.447
- Grade Unit: %
- Intercept: 82.3 m
- From: 38.1 m
- To: 120.4 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:38.1-120.4
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak copper grade in a very broad intercept from maiden drilling at a new VMS target.

- Positive factor: Copper grade is weak \(0.447% vs VMS weak 0.4%\).

Evidence · table

> 0.447

Context: 82.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-18)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.045
- Grade Unit: %
- Intercept: 82.3 m
- From: 38.1 m
- To: 120.4 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:38.1-120.4
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a very broad intercept from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.045

Context: 82.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-19)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.263
- Grade Unit: %
- Intercept: 82.3 m
- From: 38.1 m
- To: 120.4 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:38.1-120.4
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak zinc grade in a very broad intercept from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is weak \(1.263% vs VMS weak 2%\).

Evidence · table

> 1.263

Context: 82.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-20)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.804
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate gold grade in a significant sub-interval from maiden drilling at a new VMS target.

- Positive factor: Gold grade is moderate \(0.804 g/t vs VMS moderate 1 g/t\).

Evidence · table

> 0.804

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-21)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 84.3
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate silver grade in a significant sub-interval from maiden drilling at a new VMS target.

- Positive factor: Silver grade is moderate \(84.3 g/t vs VMS moderate 100 g/t\).

Evidence · table

> 84.3

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-22)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.771
- Grade Unit: %
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Strong copper grade in a significant sub-interval from maiden drilling at a new VMS target.

- Positive factor: Copper grade is strong \(1.771% vs VMS strong 1.5%\).

Evidence · table

> 1.771

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-23)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.105
- Grade Unit: %
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Lead grade is above cutoff in a significant sub-interval from maiden drilling at a new VMS target.

- Positive factor: Lead grade is above the 0.1% cutoff.

Evidence · table

> 0.105

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-24)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 2.302
- Grade Unit: %
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak zinc grade in a significant sub-interval from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is weak \(2.302% vs VMS weak 2%\).

Evidence · table

> 2.302

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-25)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.373
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate gold grade in a high-grade polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Gold grade is moderate \(1.373 g/t vs VMS moderate 1 g/t\).

Evidence · table

> 1.373

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-26)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 147.9
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Strong silver grade in a high-grade polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Silver grade is strong \(147.9 g/t vs VMS strong 200 g/t\).

Evidence · table

> 147.9

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-27)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 3.18
- Grade Unit: %
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Exceptional copper grade in a high-grade polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Copper grade is exceptional \(3.180% vs VMS exceptional 2.5%\).

- Positive factor: Bonanza Intercept: Exceptionally high-grade copper zone.

Evidence · table

> 3.180

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

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

Reason: Copper grade of 3.18% is well above the VMS exceptional threshold of 2.5%.

Evidence · table

> 3.180

Context: 6.10

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-28)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.034
- Grade Unit: %
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a high-grade polymetallic sub-interval from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.034

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-29)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.346
- Grade Unit: %
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Hole Depth: 187.45 m
- Intercept Depth: 9.14 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26001:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647405
- Northing: 6852089
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak zinc grade in a high-grade polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is weak \(1.346% vs VMS weak 2%\).

Evidence · table

> 1.346

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-30)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.018
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 30.48 m
- To: 36.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:30.48-36.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak gold grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Gold grade is below the 0.1 g/t cutoff.

Evidence · table

> 0.018

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-31)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 30.48 m
- To: 36.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:30.48-36.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak silver grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is below the VMS weak threshold \(1.1 g/t vs 30 g/t\).

Evidence · table

> 1.1

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-32)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.016
- Grade Unit: %
- Intercept: 6.1 m
- From: 30.48 m
- To: 36.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:30.48-36.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the 0.1% cutoff.

Evidence · table

> 0.016

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-33)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.001
- Grade Unit: %
- Intercept: 6.1 m
- From: 30.48 m
- To: 36.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:30.48-36.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.001

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-34)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 6.1 m
- From: 30.48 m
- To: 36.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:30.48-36.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak zinc grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Zinc grade is below the VMS weak threshold \(0.410% vs 2%\).

Evidence · table

> 0.410

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-35)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.148
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 35.05 m
- To: 41.15 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:35.05-41.15
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Gold grade is weak \(0.148 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.148

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-36)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 9.4
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 35.05 m
- To: 41.15 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:35.05-41.15
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(9.4 g/t vs VMS weak 30 g/t\).

Evidence · table

> 9.4

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-37)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.225
- Grade Unit: %
- Intercept: 6.1 m
- From: 35.05 m
- To: 41.15 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:35.05-41.15
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak copper grade in an intercept from maiden drilling at a new VMS target.

- Positive factor: Copper grade is weak \(0.225% vs VMS weak 0.4%\).

Evidence · table

> 0.225

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-38)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.003
- Grade Unit: %
- Intercept: 6.1 m
- From: 35.05 m
- To: 41.15 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:35.05-41.15
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.003

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-39)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.134
- Grade Unit: %
- Intercept: 6.1 m
- From: 35.05 m
- To: 41.15 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:35.05-41.15
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak zinc grade in an intercept from maiden drilling at a new VMS target.

- Negative factor: Zinc grade is below the VMS weak threshold \(0.134% vs 2%\).

Evidence · table

> 0.134

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-40)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.085
- Grade Unit: g/t
- Intercept: 39.62 m
- From: 59.44 m
- To: 99.06 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-99.06
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak gold grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Gold grade is below the 0.1 g/t cutoff.

Evidence · table

> 0.085

Context: 39.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-41)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 23.5
- Grade Unit: g/t
- Intercept: 39.62 m
- From: 59.44 m
- To: 99.06 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-99.06
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(23.5 g/t vs VMS weak 30 g/t\).

Evidence · table

> 23.5

Context: 39.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-42)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.279
- Grade Unit: %
- Intercept: 39.62 m
- From: 59.44 m
- To: 99.06 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-99.06
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak copper grade in a broad intercept from maiden drilling at a new VMS target.

- Positive factor: Copper grade is weak \(0.279% vs VMS weak 0.4%\).

Evidence · table

> 0.279

Context: 39.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-43)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.141
- Grade Unit: %
- Intercept: 39.62 m
- From: 59.44 m
- To: 99.06 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-99.06
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Lead grade is above cutoff in a broad intercept from maiden drilling at a new VMS target.

- Positive factor: Lead grade is above the 0.1% cutoff.

Evidence · table

> 0.141

Context: 39.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-44)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.321
- Grade Unit: %
- Intercept: 39.62 m
- From: 59.44 m
- To: 99.06 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-99.06
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak zinc grade in a broad intercept from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is weak \(1.321% vs VMS weak 2%\).

Evidence · table

> 1.321

Context: 39.62

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-45)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.055
- Grade Unit: g/t
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak gold grade in a sub-interval from maiden drilling at a new VMS target.

- Negative factor: Gold grade is below the 0.1 g/t cutoff.

Evidence · table

> 0.055

Context: 9.14

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-46)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 26.2
- Grade Unit: g/t
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a sub-interval from maiden drilling at a new VMS target.

- Positive factor: Silver grade is weak \(26.2 g/t vs VMS weak 30 g/t\).

Evidence · table

> 26.2

Context: 9.14

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-47)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.067
- Grade Unit: %
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in a sub-interval from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the 0.1% cutoff.

Evidence · table

> 0.067

Context: 9.14

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-48)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.448
- Grade Unit: %
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Lead grade is above cutoff in a sub-interval from maiden drilling at a new VMS target.

- Positive factor: Lead grade is above the 0.1% cutoff.

Evidence · table

> 0.448

Context: 9.14

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-49)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 2.802
- Grade Unit: %
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak zinc grade in a sub-interval from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is weak \(2.802% vs VMS weak 2%\).

Evidence · table

> 2.802

Context: 9.14

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-50)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.274
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Gold grade is weak \(0.274 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.274

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-51)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 88.3
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate silver grade in a polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Silver grade is moderate \(88.3 g/t vs VMS moderate 100 g/t\).

Evidence · table

> 88.3

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-52)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.103
- Grade Unit: %
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Moderate copper grade in a polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Copper grade is moderate \(1.103% vs VMS moderate 0.8%\).

Evidence · table

> 1.103

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-53)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.147
- Grade Unit: %
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Lead grade is above cutoff in a polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Lead grade is above the 0.1% cutoff.

Evidence · table

> 0.147

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-54)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 3.34
- Grade Unit: %
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Exceptional zinc grade in a polymetallic sub-interval from maiden drilling at a new VMS target.

- Positive factor: Zinc grade is exceptional \(3.340% vs VMS exceptional 2.5%\).

Evidence · table

> 3.340

Context: 6.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-55)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.217
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a narrow sub-interval from maiden drilling at a new VMS target.

- Negative factor: Gold grade is weak \(0.217 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.217

Context: 1.52

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-56)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 31.9
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a narrow sub-interval from maiden drilling at a new VMS target.

- Positive factor: Silver grade is weak \(31.9 g/t vs VMS weak 30 g/t\).

Evidence · table

> 31.9

Context: 1.52

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-57)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.495
- Grade Unit: %
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Strong copper grade in a narrow sub-interval from maiden drilling at a new VMS target.

- Positive factor: Copper grade is strong \(1.495% vs VMS strong 1.5%\).

Evidence · table

> 1.495

Context: 1.52

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-58)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.018
- Grade Unit: %
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a narrow sub-interval from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.018

Context: 1.52

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-59)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak zinc grade in a narrow sub-interval from maiden drilling at a new VMS target.

- Negative factor: Zinc grade is below the VMS weak threshold \(0.120% vs 2%\).

Evidence · table

> 0.120

Context: 1.52

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-60)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.007
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 135.64 m
- To: 155.45 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:135.64-155.45
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak gold grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Gold grade is below the 0.1 g/t cutoff.

Evidence · table

> 0.007

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-61)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 135.64 m
- To: 155.45 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:135.64-155.45
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak silver grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is below the VMS weak threshold \(1.4 g/t vs 30 g/t\).

Evidence · table

> 1.4

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-62)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.008
- Grade Unit: %
- Intercept: 19.81 m
- From: 135.64 m
- To: 155.45 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:135.64-155.45
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the 0.1% cutoff.

Evidence · table

> 0.008

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-63)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.008
- Grade Unit: %
- Intercept: 19.81 m
- From: 135.64 m
- To: 155.45 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:135.64-155.45
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.008

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-64)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.228
- Grade Unit: %
- Intercept: 19.81 m
- From: 135.64 m
- To: 155.45 m
- Hole Depth: 175.26 m
- Intercept Depth: 30.48 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26002:135.64-155.45
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647349
- Northing: 6852038
- CRS: NAD83 UTM Zone 15N
- Elevation: 88 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak zinc grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Zinc grade is below the VMS weak threshold \(0.228% vs 2%\).

Evidence · table

> 0.228

Context: 19.81

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26003

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-65)

Hook Lake · gold

#### Identity

- Hole ID: SPC26003
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.126
- Grade Unit: g/t
- Intercept: 15.24 m
- From: 74.68 m
- To: 89.92 m
- Hole Depth: 167.64 m
- Intercept Depth: 74.68 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26003:74.68-89.92
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647623
- Northing: 6852240
- CRS: NAD83 UTM Zone 15N
- Elevation: 92 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak gold grade in a broad intercept from maiden drilling at a new VMS target.

- Positive factor: Gold grade is weak \(0.126 g/t vs VMS weak 0.3 g/t\).

Evidence · table

> 0.126

Context: 15.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26003

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-66)

Hook Lake · silver

#### Identity

- Hole ID: SPC26003
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 23.7
- Grade Unit: g/t
- Intercept: 15.24 m
- From: 74.68 m
- To: 89.92 m
- Hole Depth: 167.64 m
- Intercept Depth: 74.68 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26003:74.68-89.92
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647623
- Northing: 6852240
- CRS: NAD83 UTM Zone 15N
- Elevation: 92 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Weak silver grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Silver grade is weak \(23.7 g/t vs VMS weak 30 g/t\).

Evidence · table

> 23.7

Context: 15.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26003

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-67)

Hook Lake · copper

#### Identity

- Hole ID: SPC26003
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.004
- Grade Unit: %
- Intercept: 15.24 m
- From: 74.68 m
- To: 89.92 m
- Hole Depth: 167.64 m
- Intercept Depth: 74.68 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26003:74.68-89.92
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647623
- Northing: 6852240
- CRS: NAD83 UTM Zone 15N
- Elevation: 92 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak copper grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Copper grade is below the 0.1% cutoff.

Evidence · table

> 0.004

Context: 15.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26003

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-68)

Hook Lake · lead

#### Identity

- Hole ID: SPC26003
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.014
- Grade Unit: %
- Intercept: 15.24 m
- From: 74.68 m
- To: 89.92 m
- Hole Depth: 167.64 m
- Intercept Depth: 74.68 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26003:74.68-89.92
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647623
- Northing: 6852240
- CRS: NAD83 UTM Zone 15N
- Elevation: 92 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak lead grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Lead grade is below the 0.1% cutoff.

Evidence · table

> 0.014

Context: 15.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26003

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-69)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26003
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.055
- Grade Unit: %
- Intercept: 15.24 m
- From: 74.68 m
- To: 89.92 m
- Hole Depth: 167.64 m
- Intercept Depth: 74.68 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: SPC26003:74.68-89.92
- Mining Method: underground

#### Location

- Location: Upper Zone
- Easting: 647623
- Northing: 6852240
- CRS: NAD83 UTM Zone 15N
- Elevation: 92 m
- Azimuth: 340 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: g/t Au or %
- Dilution Disclosed: Yes
- Max Dilution: 4.56 m

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Very weak zinc grade in a broad intercept from maiden drilling at a new VMS target.

- Negative factor: Zinc grade is below the 0.1% cutoff.

Evidence · table

> 0.055

Context: 15.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-70)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.365
- Grade Unit: g/t
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Intercept Depth: 10.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.365 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 2.8 g/t·m is below.

- Negative factor: 0.365 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.365

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-71)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 12
- Grade Unit: g/t
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Intercept Depth: 10.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 12 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 91.4 g/t·m is below.

- Negative factor: 12 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 12.0

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-72)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.076
- Grade Unit: %
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Intercept Depth: 10.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.076 % copper is below against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 0.6 %·m is below.

- Negative factor: 0.076 % copper is below the weak threshold \(0.4 %\) on the vms deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.076

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-73)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.024
- Grade Unit: %
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Intercept Depth: 10.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.024 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.2 %·m is below.

- Negative factor: 0.024 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.024

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-74)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 13.982
- Grade Unit: %
- Intercept: 7.62 m
- From: 10.67 m
- To: 18.29 m
- Intercept Depth: 10.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:10.67-18.29
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 13.982 % zinc is strong against the default band \[18, 10, 5, 2\] %. Grade×width 106.5 %·m is strong.

- Positive factor: 13.982 % zinc is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 13.982

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-75)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.244
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Intercept Depth: 12.19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.244 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.7 g/t·m is below.

- Negative factor: 0.244 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.244

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-76)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 14.2
- Grade Unit: g/t
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Intercept Depth: 12.19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 14.2 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 43.3 g/t·m is below.

- Negative factor: 14.2 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 14.2

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-77)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.087
- Grade Unit: %
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Intercept Depth: 12.19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.087 % copper is below against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 0.3 %·m is below.

- Negative factor: 0.087 % copper is below the weak threshold \(0.4 %\) on the vms deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.087

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-78)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.041
- Grade Unit: %
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Intercept Depth: 12.19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.041 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.1 %·m is below.

- Negative factor: 0.041 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.041

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-79)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 29.5
- Grade Unit: %
- Intercept: 3.05 m
- From: 12.19 m
- To: 15.24 m
- Intercept Depth: 12.19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:12.19-15.24
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 29.5 % zinc is exceptional against the default band \[18, 10, 5, 2\] %. Grade×width 90.0 %·m is moderate \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 29.5 % zinc is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 29.500

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-80)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.804
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Intercept Depth: 42.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.804 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 15.9 g/t·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.804

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-81)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 84.3
- Grade Unit: g/t
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Intercept Depth: 42.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 84.3 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 1670.0 g/t·m is moderate \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 84.3

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-82)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.771
- Grade Unit: %
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Intercept Depth: 42.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.771 % copper is strong against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 35.1 %·m is weak \(grade alone is strong; the better of the two is used\).

- Positive factor: 1.771 % copper is strong on the vms deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.771

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-83)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.105
- Grade Unit: %
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Intercept Depth: 42.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.105 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 2.1 %·m is below.

- Negative factor: 0.105 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.105

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-84)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 2.302
- Grade Unit: %
- Intercept: 19.81 m
- From: 42.67 m
- To: 62.48 m
- Intercept Depth: 42.67 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:42.67-62.48
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.302 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 45.6 %·m is moderate \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.302

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-85)

Hook Lake · gold

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.373
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Intercept Depth: 45.72 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.373 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 8.4 g/t·m is below.

- Negative factor: 1.373 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.373

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-86)

Hook Lake · silver

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 147.9
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Intercept Depth: 45.72 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 147.9 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 902.2 g/t·m is weak \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 147.9

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-87)

Hook Lake · copper

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 3.18
- Grade Unit: %
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Intercept Depth: 45.72 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.18 % copper is exceptional against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 19.4 %·m is below \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 3.18 % copper is exceptional on the vms deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.180

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-88)

Hook Lake · lead

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.034
- Grade Unit: %
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Intercept Depth: 45.72 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.034 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.2 %·m is below.

- Negative factor: 0.034 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.034

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26001 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-89)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26001 including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.346
- Grade Unit: %
- Intercept: 6.1 m
- From: 45.72 m
- To: 51.82 m
- Intercept Depth: 45.72 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26001 including:45.72-51.82
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.346 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 8.2 %·m is below.

- Negative factor: 1.346 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.346

Context: SPC26001 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-90)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002 including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.055
- Grade Unit: g/t
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Intercept Depth: 59.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 including:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.055 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.5 g/t·m is below.

- Negative factor: 0.055 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.055

Context: SPC26002 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-91)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002 including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 26.2
- Grade Unit: g/t
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Intercept Depth: 59.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 including:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 26.2 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 239.5 g/t·m is weak \(grade alone is below; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 26.2

Context: SPC26002 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-92)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002 including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.067
- Grade Unit: %
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Intercept Depth: 59.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 including:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.067 % copper is below against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 0.6 %·m is below.

- Negative factor: 0.067 % copper is below the weak threshold \(0.4 %\) on the vms deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.067

Context: SPC26002 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-93)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002 including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.448
- Grade Unit: %
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Intercept Depth: 59.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 including:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.448 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 4.1 %·m is below.

- Negative factor: 0.448 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.448

Context: SPC26002 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-94)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002 including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 2.802
- Grade Unit: %
- Intercept: 9.14 m
- From: 59.44 m
- To: 68.58 m
- Intercept Depth: 59.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 including:59.44-68.58
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 2.802 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 25.6 %·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.802

Context: SPC26002 including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-95)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.274
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Intercept Depth: 73.15 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.274 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.7 g/t·m is below.

- Negative factor: 0.274 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.274

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-96)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 88.3
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Intercept Depth: 73.15 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 88.3 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 538.6 g/t·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 88.3

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-97)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.103
- Grade Unit: %
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Intercept Depth: 73.15 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.103 % copper is moderate against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 6.7 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.103

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-98)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.147
- Grade Unit: %
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Intercept Depth: 73.15 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.147 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.9 %·m is below.

- Negative factor: 0.147 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.147

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-99)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 3.34
- Grade Unit: %
- Intercept: 6.1 m
- From: 73.15 m
- To: 79.25 m
- Intercept Depth: 73.15 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:73.15-79.25
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 3.34 % zinc is weak against the default band \[18, 10, 5, 2\] %. Grade×width 20.4 %·m is weak.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.340

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-100)

Hook Lake · gold

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: gold
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.217
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Intercept Depth: 91.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.217 g/t gold is below against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 0.3 g/t·m is below.

- Negative factor: 0.217 g/t gold is below the weak threshold \(2.5 g/t\) on the underground mining band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.217

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-101)

Hook Lake · silver

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: silver
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 31.9
- Grade Unit: g/t
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Intercept Depth: 91.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 31.9 g/t silver is weak against the default band \[500, 200, 100, 30\] g/t. Grade×width 48.5 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 31.9

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-102)

Hook Lake · copper

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: copper
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 1.495
- Grade Unit: %
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Intercept Depth: 91.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 1.495 % copper is moderate against the vms deposit band \[2.5, 1.5, 0.8, 0.4\] %. Grade×width 2.3 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.495

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-103)

Hook Lake · lead

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: lead
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.018
- Grade Unit: %
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Intercept Depth: 91.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.018 % lead is below against the default band \[10, 6, 3, 1\] %. Grade×width 0.0 %·m is below.

- Negative factor: 0.018 % lead is below the weak threshold \(1 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.018

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

### SPC26002 Including

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-drilling-at-spectre-delivers-6-10m-at-3-18-cu-1-37g-t-au--e2685f61-7cf6-4e59-ba81-c7a652f6140e#fact-drill-facts-104)

Hook Lake · zinc

#### Identity

- Hole ID: SPC26002 Including
- Project: Hook Lake
- Commodity: zinc
- Region: canada\_nu
- Reported Region: canada\_nu
- Ticker: MHC

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 1.52 m
- From: 91.44 m
- To: 92.96 m
- Intercept Depth: 91.44 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: SPC26002 Including:91.44-92.96
- Mining Method: underground

#### Location

- Location: Upper Zone
- CRS: NAD83 UTM Zone 15N
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-05T00:00:00.000Z

Reasoning: Expanded from assay table. 0.12 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.2 %·m is below.

- Negative factor: 0.12 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.120

Context: SPC26002 Including

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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: "Key Highlights ▪ SPC26001 hits high-grade copper, gold, silver and zinc in maiden drilling at Spectre: o 6.10m @ 3.18% C"

## 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.