# Mogotes Metals Unlocks Two Copper-Gold Systems at Filo Sur with 20,000 meters Drilling Planned Through 2027 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51 Original source: https://www.cruxinvestor.com/posts/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-drilling-planned-through-2027 Publisher: cruxinvestor Original announcement: 2026-09-17T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-17T15:18:59.149Z Atlas analysis updated: 2026-09-17T15:18:59.149Z - Company: Mogotes Metals Inc. - Ticker: MOG - Exchange: Unavailable - Region: Argentina and Chile - Primary commodity: Copper - Secondary commodities: Gold, Silver, Zinc - Document categories: Drill results, Agreement transaction - Extracted: 2026-09-17 15:18:59 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Mogotes Metals has announced two copper-gold discoveries at its Filo Sur project in the Vicuña district, supported by a $15 million strategic investment from Rio Tinto. The company plans to significantly expand its drilling activity to 20,000 metres through 2027 to test new porphyry targets and extend existing discoveries. Reasoning: The company has successfully transitioned from an undrilled project to a two-discovery project with major strategic backing from Rio Tinto and a massive upcoming drill program. - Positive factor: Two new discoveries \(Albor and Cruz del Sur\) on the Macho Muerto Fault Zone - Positive factor: Strategic $15M investment from Rio Tinto at a 50-70% premium - Positive factor: Significant drill program expansion planned \(20,000m\) - Positive factor: High-grade Albor intercept \(1.77% CuEq\) reported - Negative factor: Rio Tinto has a 15-month exclusivity period over project-level transactions Facts used in scoring: 8 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The company is planning 20,000m of drilling to test new targets and extend existing ones. Evidence · text > Mogotes plans up to 20,000 metres of drilling at Filo Sur in 2026–2027 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is positioned immediately south of Lundin Mining's Filo del Sol deposit. Evidence · text > Filo Sur sits immediately south of Lundin Mining's Filo del Sol deposit ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-0) Filo Sur · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Filo Sur - Commodity: copper - Region: chile - Reported Region: chile - Ticker: MOG #### Geometry - Grade: 0.98 - Grade Unit: % - Intercept: 108 m - From: 0 m - To: 108 m - Intercept Depth: 0 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: Albor:0-108 - Mining Method: open\_pit #### Location - Location: Albor - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.98 - Metal Eq. Unit: % CuEq #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Strongly mineralised breccia intercept at 0.98% CuEq. - Positive factor: Highest-grade intercept drilled at Filo Sur to date Evidence · text > Albor, a strongly mineralised breccia at 0.98% copper equivalent \(CuEq\) from 108 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-1) Filo Sur · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Filo Sur - Commodity: copper - Region: chile - Reported Region: chile - Ticker: MOG #### Geometry - Grade: 1.77 - Grade Unit: % - Intercept: 58 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: Albor:sub-interval - Mining Method: open\_pit #### Location - Location: Albor - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Metal Eq. Grade: 1.77 - Metal Eq. Unit: % CuEq #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Significant high-grade portion of the Albor intercept. - Positive factor: High-grade sub-interval Evidence · text > including 58 metres at 1.77% CuEq #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-2) Filo Sur · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Filo Sur - Commodity: copper - Region: chile - Reported Region: chile - Ticker: MOG #### Geometry - Grade: 0.46 - Grade Unit: % - Intercept: 308 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: Cruz del Sur:308m - Mining Method: open\_pit #### Location - Location: Cruz del Sur - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.46 - Metal Eq. Unit: % CuEq #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Significant width intercept at Cruz del Sur. - Positive factor: Large width intercept Evidence · text > intersected 308 metres at 0.46% CuEq #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-3) Filo Sur · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Filo Sur - Commodity: copper - Region: chile - Reported Region: chile - Ticker: MOG #### Geometry - Grade: 0.45 - Grade Unit: % - Intercept: 334 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: Cruz del Sur:334m - Mining Method: open\_pit #### Location - Location: Cruz del Sur - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.45 - Metal Eq. Unit: % CuEq #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Significant width intercept at Cruz del Sur. - Positive factor: Large width intercept Evidence · text > and 334 metres at 0.45% CuEq #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Why it applies: an equivalent grade is reported without its assumptions ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-4) Cuenca · gold #### Identity - Project: Cuenca - Commodity: gold - Region: chile - Reported Region: Argentina and Chile - Ticker: MOG #### Geometry - Grade: 0.31 - Grade Unit: g/t - Intercept: 153 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: channel - Group ID: Cuenca:153m - Mining Method: open\_pit #### Location - Location: Cuenca - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Channel sampling results at Cuenca. - Positive factor: Expanded target size Evidence · text > The principal channel returned 153 metres averaging 0.31 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-5) Cuenca · copper #### Identity - Project: Cuenca - Commodity: copper - Region: chile - Reported Region: Argentina and Chile - Ticker: MOG #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 153 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: channel - Group ID: Cuenca:153m - Mining Method: open\_pit #### Location - Location: Cuenca - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Channel sampling results at Cuenca. - Positive factor: Expanded target size Evidence · text > and 0.11% copper #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-6) Cuenca · gold #### Identity - Project: Cuenca - Commodity: gold - Region: chile - Reported Region: Argentina and Chile - Ticker: MOG #### Geometry - Grade: 0.32 - Grade Unit: g/t - Intercept: 123.4 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: channel - Group ID: Cuenca:123.4m - Mining Method: open\_pit #### Location - Location: Cuenca - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Channel sampling results at Cuenca. - Positive factor: Expanded target size Evidence · text > two further channels returning 123.4 metres at 0.32 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/mogotes-metals-unlocks-two-copper-gold-systems-at-filo-sur-with-20-000-meters-dr--ef30e763-f0ec-4d14-99ec-b10a3d8e7e51#fact-drill-facts-7) Cuenca · gold #### Identity - Project: Cuenca - Commodity: gold - Region: chile - Reported Region: Argentina and Chile - Ticker: MOG #### Geometry - Grade: 0.19 - Grade Unit: g/t - Intercept: 61.7 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: channel - Group ID: Cuenca:61.7m - Mining Method: open\_pit #### Location - Location: Cuenca - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Channel sampling results at Cuenca. - Positive factor: Expanded target size Evidence · text > and 61.7 metres at 0.19 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.