MM1: Wide Copper-Silver intercepts extend Spaatzu to 1.5km strike

Original announcement by asx on

Company
Midas Minerals Limited
Ticker
MM1
Exchange
ASX
Region
Namibia
Primary commodity
Copper
Secondary commodities
Silver, Lead, Molybdenum
Document categories
Drill results
Extracted
2026-10-11 23:23:54 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Midas Minerals Limited announced wide, medium-to-high grade copper-silver intercepts from step-out drilling at its Spaatzu Deposit within the Otavi Copper Project in Namibia. These results extend the known mineralization to a 1.5km strike length, confirming the potential for a shallow, bulk tonnage, open-pit resource. The company also noted that initial resource estimates for Spaatzu and Deblin, and an updated T-13 Resource, are expected in Q1 CY2027.

Reasoning: Step-out drilling at the Spaatzu Deposit delivered wide, medium-to-high grade copper-silver intercepts, extending the known strike length to 1.5km and confirming open-pit potential, supported by robust QA/QC and JORC compliance. This significantly expands the project's footprint and resource potential.

Positive factors

  • Wide, medium-to-high grade copper-silver intercepts
  • Significant extension of strike length to 1.5km
  • Confirmation of open-pit mining potential with low strip ratio
  • Systematic step-out drilling indicating further potential
  • Robust QA/QC procedures and JORC compliance
  • True width estimates provided

Negative factors

  • True width is an estimate, not directly measured
  • Some molybdenum and lead grades are low or below detection limits

Facts used in scoring: 111

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document states 'Step out drilling continues to expand south-eastern extension to the Spaatzu Deposit' and 'South-eastern extension mineralisation is confirmed with drilling for 500m strike, overall Spaatzu mineralisation extends for at least 1,500m of strike'.

Evidence · text

“Step out drilling continues to expand south-eastern extension to the Spaatzu Deposit”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states 'The true width intervals of recent intercepts at Spaatzu are interpreted as 70-80% of intercept interval for SPRC100 to SPRC103 and 95% for SPRC099'.

Evidence · text

“The true width intervals of recent intercepts at Spaatzu are interpreted as 70-80% of intercept interval for SPRC100 to SPRC103 and 95% for SPRC099.”

QA/QC Disclosedpositive

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

Why it applies: The document includes a detailed JORC Code 2012 Edition - Table 1 for Exploration Results, outlining sampling techniques, drilling techniques, drill sample recovery, logging, sub-sampling techniques, quality of assay data, verification of sampling and assaying, and sample security.

Evidence · text

“APPENDIX B: JORC CODE 2012 EDITION - TABLE 1 FOR EXPLORATION RESULTS”

Compositing Transparentpositive

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

Why it applies: The document states 'For Appendix A: Table 1, drill hole intersections reported above a lower cut-off grade of 0.3% Cu and/or 1.0% Pb or 300ppm Mo. For samples of varying or equal lengths, a length-weighted average is applied for the reported intersection. Lower grade intervals of up to 4m were included, also on the same basis.'

Evidence · text

“Lower grade intervals of up to 4m were included, also on the same basis.”

Nearology Playneutral

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

Why it applies: The document states 'Spaatzu represents a shallow, bulk tonnage, resource target located only 10.5km west of Midas’ high-grade T-13 Copper-Silver Deposit.'

Evidence · text

“Spaatzu represents a shallow, bulk tonnage, resource target located only 10.5km west of Midas’ high-grade T-13 Copper-Silver Deposit.”

Extracted facts

Stored fact records: 111. Some facts used in scoring do not have a stored record.

Drill Results (111)

SPRC099Otavi · copperGrade: 0.68Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.68
Grade Unit
%
Intercept
8 m
True Width
7.6 m
From
85 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:85-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate copper grade over a good width, contributing to the overall resource potential of the deposit.

Positive factors

  • Moderate copper grade (0.68% Cu) for open-pit mining
  • Good intercept length (8m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“0.68”

Context: 8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · silverGrade: 20.5Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
20.5
Grade Unit
g/t
Intercept
8 m
True Width
7.6 m
From
85 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:85-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a good width, contributing to the polymetallic nature of the mineralization.

Positive factors

  • Good intercept length (8m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (20.5 g/t) below typical thresholds

Evidence · table

“20.5”

Context: 8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.6

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · leadGrade: 1.29Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.29
Grade Unit
%
Intercept
8 m
True Width
7.6 m
From
85 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:85-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate lead grade over a good width, contributing to the polymetallic nature of the mineralization.

Positive factors

  • Moderate lead grade (1.29% Pb) above cut-off
  • Good intercept length (8m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.29”

Context: 8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · molybdenumGrade: 54Grade Unit: ppmIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
54
Grade Unit
ppm
Intercept
8 m
True Width
7.6 m
From
85 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:85-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a low molybdenum grade below the stated cut-off, indicating it is not a primary target for molybdenum but contributes to the overall mineralogical understanding.

Positive factors

  • Good intercept length (8m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade (54 ppm) is below the stated cut-off of 300 ppm

Evidence · table

“54”

Context: 8

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.6

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · copperGrade: 1.4Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.4
Grade Unit
%
Intercept
2 m
True Width
1.9 m
From
91 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:91-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC099 indicates a stronger copper mineralization zone, enhancing the overall prospectivity.

Positive factors

  • Strong copper grade (1.40% Cu) for open-pit mining
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.40”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · silverGrade: 69.5Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
69.5
Grade Unit
g/t
Intercept
2 m
True Width
1.9 m
From
91 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:91-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC099 shows a moderate silver grade, enhancing the polymetallic value of the intercept.

Positive factors

  • Moderate silver grade (69.5 g/t)
  • High confidence in QA/QC and reporting standards

Evidence · table

“69.5”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.9

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · leadGrade: 0.82Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.82
Grade Unit
%
Intercept
2 m
True Width
1.9 m
From
91 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:91-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.82% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.82”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC099Otavi · molybdenumGrade: 155Grade Unit: ppmIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC099
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
155
Grade Unit
ppm
Intercept
2 m
True Width
1.9 m
From
91 m
To
93 m
Hole Depth
130 m
Intercept Depth
85 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC099:91-93
Mining Method
open_pit

Location

Easting
677772
Northing
7829927
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a molybdenum grade below the stated cut-off, indicating it is not a primary target for molybdenum.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade (155 ppm) is below the stated cut-off of 300 ppm

Evidence · table

“155”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.9

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · copperGrade: 0.39Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.39
Grade Unit
%
Intercept
1 m
True Width
0.75 m
From
93 m
To
94 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:93-94
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak copper grade over a narrow width, indicating some mineralization but not a significant zone.

Positive factors

  • Weak copper grade (0.39% Cu) above cut-off
  • High confidence in QA/QC and reporting standards

Evidence · table

“0.39”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · silverGrade: 5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
5
Grade Unit
g/t
Intercept
1 m
True Width
0.75 m
From
93 m
To
94 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:93-94
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade over a narrow width, indicating minimal silver mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (5.0 g/t) below typical thresholds

Evidence · table

“5.0”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · leadGrade: 0.05Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.05
Grade Unit
%
Intercept
1 m
True Width
0.75 m
From
93 m
To
94 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:93-94
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low lead grade, well below the stated cut-off, indicating no significant lead mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.05% Pb) is significantly below the stated cut-off of 1.0%

Evidence · table

“0.05”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · molybdenumGrade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
1 m
True Width
0.75 m
From
93 m
To
94 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:93-94
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · copperGrade: 0.11Grade Unit: %Intercept: 17 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.11
Grade Unit
%
Intercept
17 m
True Width
12.75 m
From
114 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:114-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a low copper grade over a significant width, but it is below the stated cut-off, indicating it is not a primary target for copper.

Positive factors

  • Good intercept length (17m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak copper grade (0.11% Cu) below the stated cut-off of 0.3%

Evidence · table

“0.11”

Context: 17

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · silverGrade: 4.7Grade Unit: g/tIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
17 m
True Width
12.75 m
From
114 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:114-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade over a significant width, indicating minimal silver mineralization.

Positive factors

  • Good intercept length (17m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (4.7 g/t) below typical thresholds

Evidence · table

“4.7”

Context: 17

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.75

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · leadGrade: 1.22Grade Unit: %Intercept: 17 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.22
Grade Unit
%
Intercept
17 m
True Width
12.75 m
From
114 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:114-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate lead grade over a significant width, contributing to the polymetallic nature of the mineralization.

Positive factors

  • Moderate lead grade (1.22% Pb) above cut-off
  • Good intercept length (17m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.22”

Context: 17

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · molybdenumGrade: 311Grade Unit: ppmIntercept: 17 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
311
Grade Unit
ppm
Intercept
17 m
True Width
12.75 m
From
114 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:114-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a molybdenum grade just above the stated cut-off over a significant width, indicating some molybdenum potential.

Positive factors

  • Molybdenum grade (311 ppm) above cut-off
  • Good intercept length (17m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“311”

Context: 17

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · copperGrade: 0.15Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
7 m
True Width
5.25 m
From
124 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:124-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a low copper grade over a good width, but it is below the stated cut-off.

Positive factors

  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak copper grade (0.15% Cu) below the stated cut-off of 0.3%

Evidence · table

“0.15”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · silverGrade: 5.1Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
7 m
True Width
5.25 m
From
124 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:124-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a very low silver grade over a good width, indicating minimal silver mineralization.

Positive factors

  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (5.1 g/t) below typical thresholds

Evidence · table

“5.1”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · leadGrade: 0.78Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.78
Grade Unit
%
Intercept
7 m
True Width
5.25 m
From
124 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:124-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.78% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.78”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · molybdenumGrade: 744Grade Unit: ppmIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
744
Grade Unit
ppm
Intercept
7 m
True Width
5.25 m
From
124 m
To
131 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:124-131
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a strong molybdenum grade over a good width, indicating a significant molybdenum mineralization zone.

Positive factors

  • Strong molybdenum grade (744 ppm) well above cut-off
  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“744”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · copperGrade: 0.46Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.46
Grade Unit
%
Intercept
1 m
True Width
0.75 m
From
134 m
To
135 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:134-135
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak copper grade over a narrow width, indicating some mineralization but not a significant zone.

Positive factors

  • Weak copper grade (0.46% Cu) above cut-off
  • High confidence in QA/QC and reporting standards

Evidence · table

“0.46”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · silverGrade: 9Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
9
Grade Unit
g/t
Intercept
1 m
True Width
0.75 m
From
134 m
To
135 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:134-135
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade over a narrow width, indicating minimal silver mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (9.0 g/t) below typical thresholds

Evidence · table

“9.0”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · leadGrade: 0.08Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.08
Grade Unit
%
Intercept
1 m
True Width
0.75 m
From
134 m
To
135 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:134-135
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low lead grade, well below the stated cut-off, indicating no significant lead mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.08% Pb) is significantly below the stated cut-off of 1.0%

Evidence · table

“0.08”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · molybdenumGrade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
1 m
True Width
0.75 m
From
134 m
To
135 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:134-135
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · copperGrade: 0.41Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.41
Grade Unit
%
Intercept
1 m
True Width
0.75 m
From
151 m
To
152 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:151-152
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak copper grade over a narrow width, indicating some mineralization but not a significant zone.

Positive factors

  • Weak copper grade (0.41% Cu) above cut-off
  • High confidence in QA/QC and reporting standards

Evidence · table

“0.41”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · silverGrade: 12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
12
Grade Unit
g/t
Intercept
1 m
True Width
0.75 m
From
151 m
To
152 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:151-152
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade over a narrow width, indicating minimal silver mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (12.0 g/t) below typical thresholds

Evidence · table

“12.0”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · leadGrade: 0.59Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.59
Grade Unit
%
Intercept
1 m
True Width
0.75 m
From
151 m
To
152 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:151-152
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.59% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.59”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC100Otavi · molybdenumGrade: 350Grade Unit: ppmIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SPRC100
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
350
Grade Unit
ppm
Intercept
1 m
True Width
0.75 m
From
151 m
To
152 m
Hole Depth
155 m
Intercept Depth
93 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC100:151-152
Mining Method
open_pit

Location

Easting
677776
Northing
7829847
CRS
WGS84 / UTM Zone 33 South
Elevation
1384 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a molybdenum grade just above the stated cut-off over a narrow width, indicating some molybdenum potential.

Positive factors

  • Molybdenum grade (350 ppm) above cut-off
  • High confidence in QA/QC and reporting standards

Evidence · table

“350”

Context: 1

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 0.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · copperGrade: 0.81Grade Unit: %Intercept: 51 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.81
Grade Unit
%
Intercept
51 m
True Width
38.25 m
From
80 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:80-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept with moderate copper grade is a highly positive result, indicating significant mineralization and potential for a bulk tonnage deposit.

Positive factors

  • Moderate copper grade (0.81% Cu) for open-pit mining
  • Exceptional intercept length (51m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“0.81”

Context: 51

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 38.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · silverGrade: 19.5Grade Unit: g/tIntercept: 51 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
19.5
Grade Unit
g/t
Intercept
51 m
True Width
38.25 m
From
80 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:80-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept shows a weak silver grade, contributing to the polymetallic nature of the mineralization over a significant width.

Positive factors

  • Exceptional intercept length (51m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (19.5 g/t) below typical thresholds

Evidence · table

“19.5”

Context: 51

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 38.25

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · leadGrade: 0.4Grade Unit: %Intercept: 51 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.4
Grade Unit
%
Intercept
51 m
True Width
38.25 m
From
80 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:80-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • Exceptional intercept length (51m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.40% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.40”

Context: 51

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 38.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · molybdenumGrade Unit: ppmIntercept: 51 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
51 m
True Width
38.25 m
From
80 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:80-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • Exceptional intercept length (51m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 51

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 38.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · copperGrade: 1.52Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.52
Grade Unit
%
Intercept
11 m
True Width
8.25 m
From
105 m
To
116 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:105-116
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC101 shows strong copper mineralization over a good width, significantly enhancing the overall prospectivity.

Positive factors

  • Strong copper grade (1.52% Cu) for open-pit mining
  • Good intercept length (11m)
  • High confidence in QA/QC and reporting standards

Evidence · text

“11m at 1.52% Cu”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · silverGrade: 37.7Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
37.7
Grade Unit
g/t
Intercept
11 m
True Width
8.25 m
From
105 m
To
116 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:105-116
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC101 shows a weak silver grade over a good width, contributing to the polymetallic value of the intercept.

Positive factors

  • Weak silver grade (37.7 g/t) above typical thresholds
  • Good intercept length (11m)
  • High confidence in QA/QC and reporting standards

Evidence · text

“37.7g/t Ag from 105m”

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.25

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · leadGrade: 0.58Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.58
Grade Unit
%
Intercept
11 m
True Width
8.25 m
From
105 m
To
116 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:105-116
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • Good intercept length (11m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.58% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.58”

Context: 11

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · molybdenumGrade Unit: ppmIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
11 m
True Width
8.25 m
From
105 m
To
116 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:105-116
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 11

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 8.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · copperGrade: 2.39Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.39
Grade Unit
%
Intercept
6 m
True Width
4.5 m
From
125 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:125-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC101 shows strong copper mineralization over a good width, significantly enhancing the overall prospectivity.

Positive factors

  • Strong copper grade (2.39% Cu) approaching exceptional for open-pit mining
  • Good intercept length (6m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“2.39”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · silverGrade: 61.8Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
61.8
Grade Unit
g/t
Intercept
6 m
True Width
4.5 m
From
125 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:125-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC101 shows a moderate silver grade, enhancing the polymetallic value of the intercept.

Positive factors

  • Moderate silver grade (61.8 g/t)
  • Good intercept length (6m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“61.8”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · leadGrade: 0.21Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.21
Grade Unit
%
Intercept
6 m
True Width
4.5 m
From
125 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:125-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a very low lead grade, well below the stated cut-off, indicating no significant lead mineralization.

Positive factors

  • Good intercept length (6m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.21% Pb) is significantly below the stated cut-off of 1.0%

Evidence · table

“0.21”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC101Otavi · molybdenumGrade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC101
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
6 m
True Width
4.5 m
From
125 m
To
131 m
Hole Depth
170 m
Intercept Depth
80 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC101:125-131
Mining Method
open_pit

Location

Easting
677773
Northing
7829770
CRS
WGS84 / UTM Zone 33 South
Elevation
1385 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · copperGrade: 0.56Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.56
Grade Unit
%
Intercept
6 m
True Width
4.5 m
From
71 m
To
77 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:71-77
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate copper grade over a good width, contributing to the overall resource potential of the deposit.

Positive factors

  • Moderate copper grade (0.56% Cu) for open-pit mining
  • Good intercept length (6m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“0.56”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · silverGrade: 18Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
18
Grade Unit
g/t
Intercept
6 m
True Width
4.5 m
From
71 m
To
77 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:71-77
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a good width, contributing to the polymetallic nature of the mineralization.

Positive factors

  • Good intercept length (6m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (18.0 g/t) below typical thresholds

Evidence · table

“18.0”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · leadGrade: 0.62Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.62
Grade Unit
%
Intercept
6 m
True Width
4.5 m
From
71 m
To
77 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:71-77
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • Good intercept length (6m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.62% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.62”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · molybdenumGrade Unit: ppmIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
6 m
True Width
4.5 m
From
71 m
To
77 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:71-77
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 6

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 4.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · copperGrade: 1.34Grade Unit: %Intercept: 22 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.34
Grade Unit
%
Intercept
22 m
True Width
16.5 m
From
88 m
To
110 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:88-110
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept with strong copper grade is a highly positive result, indicating significant mineralization and potential for a bulk tonnage deposit.

Positive factors

  • Strong copper grade (1.34% Cu) for open-pit mining
  • Strong intercept length (22m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.34”

Context: 22

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · silverGrade: 36.8Grade Unit: g/tIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
36.8
Grade Unit
g/t
Intercept
22 m
True Width
16.5 m
From
88 m
To
110 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:88-110
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept shows a weak silver grade, contributing to the polymetallic nature of the mineralization over a significant width.

Positive factors

  • Strong intercept length (22m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (36.8 g/t) below typical thresholds

Evidence · table

“36.8”

Context: 22

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.5

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · leadGrade: 0.48Grade Unit: %Intercept: 22 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.48
Grade Unit
%
Intercept
22 m
True Width
16.5 m
From
88 m
To
110 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:88-110
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • Strong intercept length (22m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.48% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.48”

Context: 22

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · molybdenumGrade: 195Grade Unit: ppmIntercept: 22 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
195
Grade Unit
ppm
Intercept
22 m
True Width
16.5 m
From
88 m
To
110 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:88-110
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This wide intercept shows a molybdenum grade below the stated cut-off, indicating it is not a primary target for molybdenum.

Positive factors

  • Strong intercept length (22m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade (195 ppm) is below the stated cut-off of 300 ppm

Evidence · table

“195”

Context: 22

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 16.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · copperGrade: 2.1Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.1
Grade Unit
%
Intercept
2 m
True Width
1.5 m
From
95 m
To
97 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:95-97
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC102 shows strong copper mineralization, significantly enhancing the overall prospectivity.

Positive factors

  • Strong copper grade (2.10% Cu) for open-pit mining
  • High confidence in QA/QC and reporting standards

Evidence · table

“2.10”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · silverGrade: 49Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
49
Grade Unit
g/t
Intercept
2 m
True Width
1.5 m
From
95 m
To
97 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:95-97
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC102 shows a moderate silver grade, enhancing the polymetallic value of the intercept.

Positive factors

  • Moderate silver grade (49.0 g/t)
  • High confidence in QA/QC and reporting standards

Evidence · table

“49.0”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.5

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · leadGrade: 0.1Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.1
Grade Unit
%
Intercept
2 m
True Width
1.5 m
From
95 m
To
97 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:95-97
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a very low lead grade, well below the stated cut-off, indicating no significant lead mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.10% Pb) is significantly below the stated cut-off of 1.0%

Evidence · table

“0.10”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · molybdenumGrade Unit: ppmIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
2 m
True Width
1.5 m
From
95 m
To
97 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:95-97
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 2

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · copperGrade: 1.82Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.82
Grade Unit
%
Intercept
10 m
True Width
7.5 m
From
99 m
To
109 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:99-109
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC102 shows strong copper mineralization over a moderate width, significantly enhancing the overall prospectivity.

Positive factors

  • Strong copper grade (1.82% Cu) for open-pit mining
  • Moderate intercept length (10m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.82”

Context: 10

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · silverGrade: 53.6Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
53.6
Grade Unit
g/t
Intercept
10 m
True Width
7.5 m
From
99 m
To
109 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:99-109
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This higher-grade sub-interval within SPRC102 shows a moderate silver grade over a moderate width, enhancing the polymetallic value of the intercept.

Positive factors

  • Moderate silver grade (53.6 g/t)
  • Moderate intercept length (10m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“53.6”

Context: 10

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.5

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · leadGrade: 0.71Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.71
Grade Unit
%
Intercept
10 m
True Width
7.5 m
From
99 m
To
109 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:99-109
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a lead grade below the stated cut-off, indicating it is not a primary target for lead.

Positive factors

  • Moderate intercept length (10m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.71% Pb) is below the stated cut-off of 1.0%

Evidence · table

“0.71”

Context: 10

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC102Otavi · molybdenumGrade: 424Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
SPRC102
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
424
Grade Unit
ppm
Intercept
10 m
True Width
7.5 m
From
99 m
To
109 m
Hole Depth
157 m
Intercept Depth
71 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC102:99-109
Mining Method
open_pit

Location

Easting
677700
Northing
7829768
CRS
WGS84 / UTM Zone 33 South
Elevation
1383 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This sub-interval shows a moderate molybdenum grade over a moderate width, indicating some molybdenum potential.

Positive factors

  • Moderate molybdenum grade (424 ppm) above cut-off
  • Moderate intercept length (10m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“424”

Context: 10

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 7.5

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · copperGrade: 0.07Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.07
Grade Unit
%
Intercept
9 m
True Width
6.75 m
From
48 m
To
57 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:48-57
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low copper grade over a good width, well below the stated cut-off, indicating no significant copper mineralization.

Positive factors

  • Good intercept length (9m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak copper grade (0.07% Cu) significantly below the stated cut-off of 0.3%

Evidence · table

“0.07”

Context: 9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · silverGrade: 3.4Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
3.4
Grade Unit
g/t
Intercept
9 m
True Width
6.75 m
From
48 m
To
57 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:48-57
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade over a good width, indicating minimal silver mineralization.

Positive factors

  • Good intercept length (9m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (3.4 g/t) below typical thresholds

Evidence · table

“3.4”

Context: 9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.75

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · leadGrade: 1.03Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.03
Grade Unit
%
Intercept
9 m
True Width
6.75 m
From
48 m
To
57 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:48-57
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak lead grade just above the stated cut-off over a good width, indicating some lead potential.

Positive factors

  • Weak lead grade (1.03% Pb) above cut-off
  • Good intercept length (9m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.03”

Context: 9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · molybdenumGrade: 20Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
20
Grade Unit
ppm
Intercept
9 m
True Width
6.75 m
From
48 m
To
57 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:48-57
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low molybdenum grade, well below the stated cut-off, indicating no significant molybdenum mineralization.

Positive factors

  • Good intercept length (9m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade (20 ppm) is significantly below the stated cut-off of 300 ppm

Evidence · table

“20”

Context: 9

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 6.75

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · copperGrade: 0.04Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.04
Grade Unit
%
Intercept
7 m
True Width
5.25 m
From
60 m
To
67 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:60-67
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low copper grade over a good width, well below the stated cut-off, indicating no significant copper mineralization.

Positive factors

  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak copper grade (0.04% Cu) significantly below the stated cut-off of 0.3%

Evidence · table

“0.04”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · silverGrade: 5Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
5
Grade Unit
g/t
Intercept
7 m
True Width
5.25 m
From
60 m
To
67 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:60-67
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low silver grade over a good width, indicating minimal silver mineralization.

Positive factors

  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Weak silver grade (5.0 g/t) below typical thresholds

Evidence · table

“5.0”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · leadGrade: 1.57Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.57
Grade Unit
%
Intercept
7 m
True Width
5.25 m
From
60 m
To
67 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:60-67
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a weak lead grade over a good width, contributing to the polymetallic nature of the mineralization.

Positive factors

  • Weak lead grade (1.57% Pb) above cut-off
  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.57”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · molybdenumGrade: 20Grade Unit: ppmIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
20
Grade Unit
ppm
Intercept
7 m
True Width
5.25 m
From
60 m
To
67 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:60-67
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low molybdenum grade, well below the stated cut-off, indicating no significant molybdenum mineralization.

Positive factors

  • Good intercept length (7m)
  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade (20 ppm) is significantly below the stated cut-off of 300 ppm

Evidence · table

“20”

Context: 7

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 5.25

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · copperGrade: 1.96Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.96
Grade Unit
%
Intercept
4 m
True Width
3 m
From
67 m
To
71 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:67-71
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.3
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a moderate width, indicating a significant copper mineralization zone.

Positive factors

  • Strong copper grade (1.96% Cu) for open-pit mining
  • High confidence in QA/QC and reporting standards

Evidence · table

“1.96”

Context: 4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · silverGrade: 60.3Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
60.3
Grade Unit
g/t
Intercept
4 m
True Width
3 m
From
67 m
To
71 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:67-71
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a moderate silver grade over a moderate width, enhancing the polymetallic value of the intercept.

Positive factors

  • Moderate silver grade (60.3 g/t)
  • High confidence in QA/QC and reporting standards

Evidence · table

“60.3”

Context: 4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · leadGrade: 0.15Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
4 m
True Width
3 m
From
67 m
To
71 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:67-71
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
1
Cutoff Unit
%
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows a very low lead grade, well below the stated cut-off, indicating no significant lead mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Lead grade (0.15% Pb) is significantly below the stated cut-off of 1.0%

Evidence · table

“0.15”

Context: 4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

SPRC103Otavi · molybdenumGrade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
SPRC103
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade Unit
ppm
Intercept
4 m
True Width
3 m
From
67 m
To
71 m
Hole Depth
175 m
Intercept Depth
48 m

Classification

Deposit Type
other
Program
exploration
Sample Type
drill
Group ID
SPRC103:67-71
Mining Method
open_pit

Location

Easting
677615
Northing
7829769
CRS
WGS84 / UTM Zone 33 South
Elevation
1381 m
Azimuth
0 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
300
Cutoff Unit
ppm
Max Dilution
4 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: This intercept shows molybdenum below detection limits, indicating no significant molybdenum mineralization.

Positive factors

  • High confidence in QA/QC and reporting standards

Negative factors

  • Molybdenum grade is below detection limit (<10 ppm) and well below the stated cut-off of 300 ppm

Evidence · table

“<10”

Context: 4

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · copperGrade: 1.4Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.4
Grade Unit
%
Intercept
2 m
From
91 m
To
93 m
Intercept Depth
91 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:91-93
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.4 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 2.8 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.4 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.40”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · silverGrade: 69.5Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
69.5
Grade Unit
g/t
Intercept
2 m
From
91 m
To
93 m
Intercept Depth
91 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:91-93
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 69.5 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 139.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“69.5”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · leadGrade: 0.82Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.82
Grade Unit
%
Intercept
2 m
From
91 m
To
93 m
Intercept Depth
91 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:91-93
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.82 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 1.6 %·m is below.

Negative factors

  • 0.82 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.82”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · molybdenumGrade: 155Grade Unit: ppmIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
155
Grade Unit
ppm
Intercept
2 m
From
91 m
To
93 m
Intercept Depth
91 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:91-93
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 155 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“155”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · copperGrade: 0.11Grade Unit: %Intercept: 17 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.11
Grade Unit
%
Intercept
17 m
From
114 m
To
131 m
Intercept Depth
114 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:114-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.11 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 1.9 %·m is below.

Negative factors

  • 0.11 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.11”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · silverGrade: 4.7Grade Unit: g/tIntercept: 17 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
4.7
Grade Unit
g/t
Intercept
17 m
From
114 m
To
131 m
Intercept Depth
114 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:114-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 4.7 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 79.9 g/t·m is below.

Negative factors

  • 4.7 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.7”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · leadGrade: 1.22Grade Unit: %Intercept: 17 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.22
Grade Unit
%
Intercept
17 m
From
114 m
To
131 m
Intercept Depth
114 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:114-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.22 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 20.7 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.22”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · molybdenumGrade: 311Grade Unit: ppmIntercept: 17 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
311
Grade Unit
ppm
Intercept
17 m
From
114 m
To
131 m
Intercept Depth
114 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:114-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 311 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“311”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · copperGrade: 0.15Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
7 m
From
124 m
To
131 m
Intercept Depth
124 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:124-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.15 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 1.1 %·m is below.

Negative factors

  • 0.15 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.15”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · silverGrade: 5.1Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
5.1
Grade Unit
g/t
Intercept
7 m
From
124 m
To
131 m
Intercept Depth
124 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:124-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 5.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 35.7 g/t·m is below.

Negative factors

  • 5.1 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.1”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · leadGrade: 0.78Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.78
Grade Unit
%
Intercept
7 m
From
124 m
To
131 m
Intercept Depth
124 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:124-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.78 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 5.5 %·m is below.

Negative factors

  • 0.78 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.78”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · molybdenumGrade: 744Grade Unit: ppmIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
744
Grade Unit
ppm
Intercept
7 m
From
124 m
To
131 m
Intercept Depth
124 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:124-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 744 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“744”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · copperGrade: 0.46Grade Unit: %Intercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.46
Grade Unit
%
Intercept
1 m
From
134 m
To
135 m
Intercept Depth
134 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:134-135
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.46 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.5 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.46”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · silverGrade: 9Grade Unit: g/tIntercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
9
Grade Unit
g/t
Intercept
1 m
From
134 m
To
135 m
Intercept Depth
134 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:134-135
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 9.0 g/t·m is below.

Negative factors

  • 9 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“9.0”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · leadGrade: 0.08Grade Unit: %Intercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.08
Grade Unit
%
Intercept
1 m
From
134 m
To
135 m
Intercept Depth
134 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:134-135
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.08 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 0.1 %·m is below.

Negative factors

  • 0.08 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.08”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · copperGrade: 0.41Grade Unit: %Intercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.41
Grade Unit
%
Intercept
1 m
From
151 m
To
152 m
Intercept Depth
151 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:151-152
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.41 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.41”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · silverGrade: 12Grade Unit: g/tIntercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
12
Grade Unit
g/t
Intercept
1 m
From
151 m
To
152 m
Intercept Depth
151 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:151-152
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 12 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 12.0 g/t·m is below.

Negative factors

  • 12 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“12.0”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · leadGrade: 0.59Grade Unit: %Intercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.59
Grade Unit
%
Intercept
1 m
From
151 m
To
152 m
Intercept Depth
151 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:151-152
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.59 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 0.6 %·m is below.

Negative factors

  • 0.59 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.59”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · molybdenumGrade: 350Grade Unit: ppmIntercept: 1 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
350
Grade Unit
ppm
Intercept
1 m
From
151 m
To
152 m
Intercept Depth
151 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:151-152
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 350 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“350”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · copperGrade: 1.52Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.52
Grade Unit
%
Intercept
11 m
From
105 m
To
106 m
Intercept Depth
105 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:105-106
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.52 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 16.7 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.52 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.52”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · silverGrade: 37.7Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
37.7
Grade Unit
g/t
Intercept
11 m
From
105 m
To
106 m
Intercept Depth
105 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:105-106
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 37.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 414.7 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“37.7”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · leadGrade: 0.58Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.58
Grade Unit
%
Intercept
11 m
From
105 m
To
106 m
Intercept Depth
105 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:105-106
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.58 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 6.4 %·m is below.

Negative factors

  • 0.58 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.58”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · copperGrade: 2.39Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.39
Grade Unit
%
Intercept
6 m
From
125 m
To
131 m
Intercept Depth
125 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:125-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 2.39 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 14.3 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.39 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.39”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · silverGrade: 61.8Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
61.8
Grade Unit
g/t
Intercept
6 m
From
125 m
To
131 m
Intercept Depth
125 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:125-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 61.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 370.8 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“61.8”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · leadGrade: 0.21Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.21
Grade Unit
%
Intercept
6 m
From
125 m
To
131 m
Intercept Depth
125 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:125-131
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.21 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 1.3 %·m is below.

Negative factors

  • 0.21 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.21”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · copperGrade: 1.34Grade Unit: %Intercept: 22 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.34
Grade Unit
%
Intercept
22 m
From
88 m
To
110 m
Intercept Depth
88 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:88-110
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.34 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 29.5 %·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 1.34 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.34”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · silverGrade: 36.8Grade Unit: g/tIntercept: 22 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
36.8
Grade Unit
g/t
Intercept
22 m
From
88 m
To
110 m
Intercept Depth
88 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:88-110
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 36.8 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 809.6 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“36.8”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · leadGrade: 0.48Grade Unit: %Intercept: 22 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.48
Grade Unit
%
Intercept
22 m
From
88 m
To
110 m
Intercept Depth
88 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:88-110
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.48 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 10.6 %·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.48”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · molybdenumGrade: 195Grade Unit: ppmIntercept: 22 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
195
Grade Unit
ppm
Intercept
22 m
From
88 m
To
110 m
Intercept Depth
88 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:88-110
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 195 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“195”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · copperGrade: 2.1Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
2.1
Grade Unit
%
Intercept
2 m
From
95 m
To
97 m
Intercept Depth
95 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:95-97
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 2.1 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 4.2 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.1 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.10”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · silverGrade: 49Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
49
Grade Unit
g/t
Intercept
2 m
From
95 m
To
97 m
Intercept Depth
95 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:95-97
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 49 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 98.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“49.0”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

incl.Otavi · leadGrade: 0.1Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
incl.
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.1
Grade Unit
%
Intercept
2 m
From
95 m
To
97 m
Intercept Depth
95 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
incl.:95-97
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 0.2 %·m is below.

Negative factors

  • 0.1 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.10”

Context: incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · copperGrade: 1.82Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.82
Grade Unit
%
Intercept
10 m
From
99 m
To
109 m
Intercept Depth
99 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:99-109
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.82 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 18.2 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.82 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.82”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · silverGrade: 53.6Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
53.6
Grade Unit
g/t
Intercept
10 m
From
99 m
To
109 m
Intercept Depth
99 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:99-109
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 53.6 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 536.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“53.6”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · leadGrade: 0.71Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.71
Grade Unit
%
Intercept
10 m
From
99 m
To
109 m
Intercept Depth
99 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:99-109
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.71 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 7.1 %·m is below.

Negative factors

  • 0.71 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.71”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

and incl.Otavi · molybdenumGrade: 424Grade Unit: ppmIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
and incl.
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
424
Grade Unit
ppm
Intercept
10 m
From
99 m
To
109 m
Intercept Depth
99 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and incl.:99-109
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 424 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“424”

Context: and incl.

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · copperGrade: 0.04Grade Unit: %Intercept: 7 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.04
Grade Unit
%
Intercept
7 m
From
60 m
To
67 m
Intercept Depth
60 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:60-67
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.04 % copper is below against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 0.3 %·m is below.

Negative factors

  • 0.04 % copper is below the weak threshold (0.25 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.04”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · silverGrade: 5Grade Unit: g/tIntercept: 7 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
5
Grade Unit
g/t
Intercept
7 m
From
60 m
To
67 m
Intercept Depth
60 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:60-67
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 35.0 g/t·m is below.

Negative factors

  • 5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.0”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · leadGrade: 1.57Grade Unit: %Intercept: 7 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.57
Grade Unit
%
Intercept
7 m
From
60 m
To
67 m
Intercept Depth
60 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:60-67
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.57 % lead is weak against the default band [10, 6, 3, 1] %. Grade×width 11.0 %·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.57”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · molybdenumGrade: 20Grade Unit: ppmIntercept: 7 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
molybdenum
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
20
Grade Unit
ppm
Intercept
7 m
From
60 m
To
67 m
Intercept Depth
60 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:60-67
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table: 20 ppm molybdenum. No grade band defined for this commodity, so the score is a placeholder.

Negative factors

  • No grade rubric for molybdenum; intercept not scored.

Evidence · table

“20”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · copperGrade: 1.96Grade Unit: %Intercept: 4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
copper
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
1.96
Grade Unit
%
Intercept
4 m
From
67 m
To
71 m
Intercept Depth
67 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:67-71
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 1.96 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 7.8 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 1.96 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.96”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · silverGrade: 60.3Grade Unit: g/tIntercept: 4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
silver
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
60.3
Grade Unit
g/t
Intercept
4 m
From
67 m
To
71 m
Intercept Depth
67 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:67-71
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 60.3 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 241.2 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“60.3”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

nullOtavi · leadGrade: 0.15Grade Unit: %Intercept: 4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
null
Project
Otavi
Commodity
lead
Region
namibia
Reported Region
namibia
Ticker
MM1

Geometry

Grade
0.15
Grade Unit
%
Intercept
4 m
From
67 m
To
71 m
Intercept Depth
67 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
null:67-71
Mining Method
open_pit

Location

CRS
WGS84 / UTM Zone 33 South

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Expanded from assay table. 0.15 % lead is below against the default band [10, 6, 3, 1] %. Grade×width 0.6 %·m is below.

Negative factors

  • 0.15 % lead is below the weak threshold (1 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.15”

Context: null

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "“The exciting aspect is that we don’t yet know the limits of mineralisation with no prior drilling undertaken within 9km"

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.