South Pacific Metals Drills 92 m of Mineralisation at Ontenu NE; Peak Intercepts Return 9.92 g/t Gold and 2.35% Copper

Original announcement by tmx on

Company
South Pacific Metals Corp.
Ticker
SPMC
Exchange
TSX
Region
Papua New Guinea
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Drill results
Extracted
2026-08-26 11:01:37 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

South Pacific Metals Corp. announced initial drill results from its maiden program at the Ontenu NE project in Papua New Guinea, confirming gold-copper-silver mineralization in 5 of 7 holes. The program returned high-grade intercepts including 9.92 g/t gold and 2.35% copper, validating the company's geological model for Kora-Judd style mineralization. Further drilling is planned to target deeper and along-strike extensions of the identified vein systems.

Reasoning: This is the company's maiden drill program at Ontenu NE, yielding significant high-grade gold and copper intercepts that confirm the presence of a mineralized hydrothermal system. The results validate the geological model and suggest potential for further discovery, despite some intercepts being lower grade and some assays still pending.

Positive factors

  • Maiden drill program confirms significant gold-copper-silver mineralization
  • High-grade gold and copper intercepts, including 9.92 g/t Au and 2.35% Cu
  • Geological model confirmed, indicating potential for Kora-Judd style mineralization
  • Comprehensive QA/QC procedures disclosed with QP sign-off and certified labs

Negative factors

  • Some assays are still pending, limiting full understanding of results
  • Wide low-grade halos surround the high-grade peaks, requiring further evaluation of economic viability
  • True width not explicitly stated for all intercepts, leading to potential overestimation of width

Facts used in scoring: 107

Atlas analysis — South Pacific Metals Corp.: South Pacific Metals Drills 92 m of Mineralisation at Ontenu NE; Peak Intercepts Return 9.92 g/t Gold and 2.35% Copper. 0.34 g/t over 92 m; 0.23 g/t over 99 m; 0.2 g/t over 45 m

Extracted facts

Stored fact records: 107. Some facts used in scoring do not have a stored record.

Drill Results (107)

ONED26-006Ontenu NE · goldGrade: 0.34Grade Unit: g/tIntercept: 92 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
92 m
From
67 m
To
159 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:67.0-159.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This wide intercept confirms broad gold mineralization in a new discovery, but the grade is relatively low for an epithermal system, suggesting it's a halo rather than a high-grade core.

Positive factors

  • Significant intercept length indicates broad mineralization
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.34 g/t Au)

Evidence · table

“0.34”

Context: 92

ONED26-006Ontenu NE · copperGrade: 0.1226Grade Unit: %Intercept: 92 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.1226
Grade Unit
%
Intercept
92 m
From
67 m
To
159 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:67.0-159.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This wide intercept confirms broad copper mineralization in a new discovery, but the grade is relatively low for an epithermal system, suggesting it's a halo rather than a high-grade core.

Positive factors

  • Significant intercept length indicates broad mineralization
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.12% Cu)

Evidence · table

“1,226”

Context: 92

ONED26-006Ontenu NE · silverGrade: 2.3Grade Unit: g/tIntercept: 92 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
2.3
Grade Unit
g/t
Intercept
92 m
From
67 m
To
159 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:67.0-159.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This wide intercept confirms broad silver mineralization in a new discovery, but the grade is relatively low for an epithermal system, suggesting it's a halo rather than a high-grade core.

Positive factors

  • Significant intercept length indicates broad mineralization
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (2.3 g/t Ag)

Evidence · table

“2.3”

Context: 92

ONED26-002Ontenu NE · goldGrade: 0.23Grade Unit: g/tIntercept: 99 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
99 m
From
1 m
To
100 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:1.0-100.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This wide intercept confirms broad gold mineralization from surface in a new discovery, but the grade is relatively low for an epithermal system.

Positive factors

  • Significant intercept length indicates broad mineralization
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.23 g/t Au)

Evidence · table

“0.23”

Context: 99

ONED26-002Ontenu NE · copperGrade: 0.0566Grade Unit: %Intercept: 99 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0566
Grade Unit
%
Intercept
99 m
From
1 m
To
100 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:1.0-100.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This wide intercept confirms broad copper mineralization from surface in a new discovery, but the grade is relatively low for an epithermal system.

Positive factors

  • Significant intercept length indicates broad mineralization
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.0566% Cu)

Evidence · table

“566”

Context: 99

ONED26-002Ontenu NE · silverGrade: 1Grade Unit: g/tIntercept: 99 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1
Grade Unit
g/t
Intercept
99 m
From
1 m
To
100 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:1.0-100.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This wide intercept confirms broad silver mineralization from surface in a new discovery, but the grade is relatively low for an epithermal system.

Positive factors

  • Significant intercept length indicates broad mineralization
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (1.0 g/t Ag)

Evidence · table

“1.0”

Context: 99

ONED26-002Ontenu NE · goldGrade: 0.2Grade Unit: g/tIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
45 m
From
122 m
To
167 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:122.0-167.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.20 g/t Au)

Evidence · table

“0.20”

Context: 45

ONED26-002Ontenu NE · copperGrade: 0.0516Grade Unit: %Intercept: 45 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0516
Grade Unit
%
Intercept
45 m
From
122 m
To
167 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:122.0-167.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.0516% Cu)

Evidence · table

“516”

Context: 45

ONED26-002Ontenu NE · silverGrade: 4.4Grade Unit: g/tIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
45 m
From
122 m
To
167 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:122.0-167.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (4.4 g/t Ag)

Evidence · table

“4.4”

Context: 45

ONED26-004Ontenu NE · goldGrade: 0.74Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.74
Grade Unit
g/t
Intercept
8 m
From
51 m
To
59 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:51.0-59.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“0.74”

Context: 8

ONED26-004Ontenu NE · copperGrade: 0.0104Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0104
Grade Unit
%
Intercept
8 m
From
51 m
To
59 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:51.0-59.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows very low copper grades over a narrow width, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0104% Cu)
  • Narrow intercept length

Evidence · table

“104”

Context: 8

ONED26-004Ontenu NE · silverGrade: 8.5Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
8.5
Grade Unit
g/t
Intercept
8 m
From
51 m
To
59 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:51.0-59.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak silver grades over a narrow width, indicating minor silver mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (8.5 g/t Ag)
  • Narrow intercept length

Evidence · table

“8.5”

Context: 8

ONED26-006Ontenu NE · goldGrade: 0.2Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
24 m
From
260 m
To
284 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:260.0-284.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.20 g/t Au)

Evidence · table

“0.20”

Context: 24

ONED26-006Ontenu NE · copperGrade: 0.0894Grade Unit: %Intercept: 24 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0894
Grade Unit
%
Intercept
24 m
From
260 m
To
284 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:260.0-284.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.0894% Cu)

Evidence · table

“894”

Context: 24

ONED26-006Ontenu NE · silverGrade: 1.6Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.6
Grade Unit
g/t
Intercept
24 m
From
260 m
To
284 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:260.0-284.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (1.6 g/t Ag)

Evidence · table

“1.6”

Context: 24

ONED26-003Ontenu NE · goldGrade: 0.21Grade Unit: g/tIntercept: 20.7 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
20.7 m
From
42.3 m
To
63 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:42.3-63.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.21 g/t Au)

Evidence · table

“0.21”

Context: 20.7

ONED26-003Ontenu NE · copperGrade: 0.1Grade Unit: %Intercept: 20.7 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.1
Grade Unit
%
Intercept
20.7 m
From
42.3 m
To
63 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:42.3-63.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.1% Cu)

Evidence · table

“1,000”

Context: 20.7

ONED26-003Ontenu NE · silverGrade: 2.9Grade Unit: g/tIntercept: 20.7 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
20.7 m
From
42.3 m
To
63 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:42.3-63.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (2.9 g/t Ag)

Evidence · table

“2.9”

Context: 20.7

ONED25-001Ontenu NE · goldGrade: 0.77Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
4.5 m
From
203.5 m
To
208 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:203.5-208.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“0.77”

Context: 4.5

ONED25-001Ontenu NE · copperGrade: 0.1368Grade Unit: %Intercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.1368
Grade Unit
%
Intercept
4.5 m
From
203.5 m
To
208 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:203.5-208.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak copper grades over a narrow width, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.1368% Cu)
  • Narrow intercept length

Evidence · table

“1,368”

Context: 4.5

ONED25-001Ontenu NE · silverGrade: 19Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
19
Grade Unit
g/t
Intercept
4.5 m
From
203.5 m
To
208 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:203.5-208.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“19.0”

Context: 4.5

ONED26-006Ontenu NE · goldGrade: 0.12Grade Unit: g/tIntercept: 28 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
28 m
From
222 m
To
250 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:222.0-250.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.12 g/t Au)

Evidence · table

“0.12”

Context: 28

ONED26-006Ontenu NE · copperGrade: 0.0678Grade Unit: %Intercept: 28 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0678
Grade Unit
%
Intercept
28 m
From
222 m
To
250 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:222.0-250.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0678% Cu)

Evidence · table

“678”

Context: 28

ONED26-006Ontenu NE · silverGrade: 1.1Grade Unit: g/tIntercept: 28 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
28 m
From
222 m
To
250 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:222.0-250.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (1.1 g/t Ag)

Evidence · table

“1.1”

Context: 28

ONED26-006Ontenu NE · goldGrade: 0.22Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
15 m
From
16.3 m
To
31.3 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:16.3-31.3
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization near surface, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.22 g/t Au)

Evidence · table

“0.22”

Context: 15

ONED26-006Ontenu NE · copperGrade: 0.0875Grade Unit: %Intercept: 15 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0875
Grade Unit
%
Intercept
15 m
From
16.3 m
To
31.3 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:16.3-31.3
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization near surface, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.0875% Cu)

Evidence · table

“875”

Context: 15

ONED26-006Ontenu NE · silverGrade: 3.6Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
15 m
From
16.3 m
To
31.3 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:16.3-31.3
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization near surface, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (3.6 g/t Ag)

Evidence · table

“3.6”

Context: 15

ONED26-004Ontenu NE · goldGrade: 1.03Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
3 m
From
43 m
To
46 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:43.0-46.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate gold grades over a narrow width, indicating the presence of higher-grade mineralization in the Jorkol zone.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“1.03”

Context: 3

ONED26-004Ontenu NE · copperGrade: 0.012Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.012
Grade Unit
%
Intercept
3 m
From
43 m
To
46 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:43.0-46.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows very low copper grades over a narrow width, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.012% Cu)
  • Narrow intercept length

Evidence · table

“120”

Context: 3

ONED26-004Ontenu NE · silverGrade: 68Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
68
Grade Unit
g/t
Intercept
3 m
From
43 m
To
46 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:43.0-46.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a narrow width, indicating the presence of higher-grade mineralization in the Jorkol zone.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“68.0”

Context: 3

ONED26-005Ontenu NE · goldGrade: 0.34Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
9 m
From
114 m
To
123 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:114.0-123.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak gold grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.34 g/t Au)
  • Narrow intercept length

Evidence · table

“0.34”

Context: 9

ONED26-005Ontenu NE · copperGrade: 0.1808Grade Unit: %Intercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.1808
Grade Unit
%
Intercept
9 m
From
114 m
To
123 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:114.0-123.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate copper grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Moderate copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“1,808”

Context: 9

ONED26-005Ontenu NE · silverGrade: 15.7Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
15.7
Grade Unit
g/t
Intercept
9 m
From
114 m
To
123 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:114.0-123.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate silver grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“15.7”

Context: 9

ONED25-001Ontenu NE · goldGrade: 0.19Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
15 m
From
215 m
To
230 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:215.0-230.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.19 g/t Au)

Evidence · table

“0.19”

Context: 15

ONED25-001Ontenu NE · copperGrade: 0.0188Grade Unit: %Intercept: 15 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0188
Grade Unit
%
Intercept
15 m
From
215 m
To
230 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:215.0-230.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0188% Cu)

Evidence · table

“188”

Context: 15

ONED25-001Ontenu NE · silverGrade: 2.4Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
15 m
From
215 m
To
230 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:215.0-230.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (2.4 g/t Ag)

Evidence · table

“2.4”

Context: 15

ONED26-006Ontenu NE · goldGrade: 0.21Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
12 m
From
51 m
To
63 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:51.0-63.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization near surface, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.21 g/t Au)

Evidence · table

“0.21”

Context: 12

ONED26-006Ontenu NE · copperGrade: 0.0844Grade Unit: %Intercept: 12 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0844
Grade Unit
%
Intercept
12 m
From
51 m
To
63 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:51.0-63.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization near surface, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is weak for epithermal deposits (0.0844% Cu)

Evidence · table

“844”

Context: 12

ONED26-006Ontenu NE · silverGrade: 1.3Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
12 m
From
51 m
To
63 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:51.0-63.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization near surface, but the grade is relatively low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (1.3 g/t Ag)

Evidence · table

“1.3”

Context: 12

ONED26-006Ontenu NE · goldGrade: 0.11Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
23 m
From
35 m
To
47 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:35.0-47.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization near surface, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.11 g/t Au)

Evidence · table

“0.11”

Context: 23

ONED26-006Ontenu NE · copperGrade: 0.0479Grade Unit: %Intercept: 23 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0479
Grade Unit
%
Intercept
23 m
From
35 m
To
47 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:35.0-47.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization near surface, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0479% Cu)

Evidence · table

“479”

Context: 23

ONED26-006Ontenu NE · silverGrade: 1.4Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.4
Grade Unit
g/t
Intercept
23 m
From
35 m
To
47 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:35.0-47.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization near surface, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (1.4 g/t Ag)

Evidence · table

“1.4”

Context: 23

ONED26-003Ontenu NE · goldGrade: 0.13Grade Unit: g/tIntercept: 17.4 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
17.4 m
From
261.6 m
To
279 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:261.6-279.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.13 g/t Au)

Evidence · table

“0.13”

Context: 17.4

ONED26-003Ontenu NE · copperGrade: 0.0632Grade Unit: %Intercept: 17.4 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0632
Grade Unit
%
Intercept
17.4 m
From
261.6 m
To
279 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:261.6-279.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0632% Cu)

Evidence · table

“632”

Context: 17.4

ONED26-003Ontenu NE · silverGrade: 0.9Grade Unit: g/tIntercept: 17.4 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
17.4 m
From
261.6 m
To
279 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:261.6-279.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (0.9 g/t Ag)

Evidence · table

“0.9”

Context: 17.4

ONED26-006Ontenu NE · goldGrade: 0.11Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
20 m
From
182 m
To
202 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:182.0-202.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.11 g/t Au)

Evidence · table

“0.11”

Context: 20

ONED26-006Ontenu NE · copperGrade: 0.0527Grade Unit: %Intercept: 20 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0527
Grade Unit
%
Intercept
20 m
From
182 m
To
202 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:182.0-202.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0527% Cu)

Evidence · table

“527”

Context: 20

ONED26-006Ontenu NE · silverGrade: 0.9Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
20 m
From
182 m
To
202 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:182.0-202.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (0.9 g/t Ag)

Evidence · table

“0.9”

Context: 20

ONED25-001Ontenu NE · goldGrade: 0.36Grade Unit: g/tIntercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
5.5 m
From
117.5 m
To
123 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:117.5-123.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak gold grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.36 g/t Au)
  • Narrow intercept length

Evidence · table

“0.36”

Context: 5.5

ONED25-001Ontenu NE · copperGrade: 0.0145Grade Unit: %Intercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0145
Grade Unit
%
Intercept
5.5 m
From
117.5 m
To
123 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:117.5-123.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows very low copper grades over a narrow width, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0145% Cu)
  • Narrow intercept length

Evidence · table

“145”

Context: 5.5

ONED25-001Ontenu NE · silverGrade: 7.6Grade Unit: g/tIntercept: 5.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
7.6
Grade Unit
g/t
Intercept
5.5 m
From
117.5 m
To
123 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:117.5-123.0
Mining Method
unknown

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak silver grades over a narrow width, indicating minor silver mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (7.6 g/t Ag)
  • Narrow intercept length

Evidence · table

“7.6”

Context: 5.5

ONED26-005Ontenu NE · goldGrade: 0.2Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
7 m
From
73 m
To
80 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:73.0-80.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak gold grades over a narrow width, indicating the presence of mineralization in the Jorkol zone.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is weak for epithermal deposits (0.20 g/t Au)
  • Narrow intercept length

Evidence · table

“0.20”

Context: 7

ONED26-005Ontenu NE · copperGrade: 0.0114Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0114
Grade Unit
%
Intercept
7 m
From
73 m
To
80 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:73.0-80.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows very low copper grades over a narrow width, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0114% Cu)
  • Narrow intercept length

Evidence · table

“114”

Context: 7

ONED26-005Ontenu NE · silverGrade: 5.7Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
5.7
Grade Unit
g/t
Intercept
7 m
From
73 m
To
80 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:73.0-80.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows weak silver grades over a narrow width, indicating minor silver mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is weak for epithermal deposits (5.7 g/t Ag)
  • Narrow intercept length

Evidence · table

“5.7”

Context: 7

ONED26-006Ontenu NE · goldGrade: 0.11Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
10 m
From
163 m
To
173 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:163.0-173.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.11 g/t Au)

Evidence · table

“0.11”

Context: 10

ONED26-006Ontenu NE · copperGrade: 0.0445Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0445
Grade Unit
%
Intercept
10 m
From
163 m
To
173 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:163.0-173.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms copper mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Copper grade is very weak for epithermal deposits (0.0445% Cu)

Evidence · table

“445”

Context: 10

ONED26-006Ontenu NE · silverGrade: 0.5Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
10 m
From
163 m
To
173 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:163.0-173.0
Mining Method
unknown

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
0.1
Cutoff Unit
g/t
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization at depth, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (0.5 g/t Ag)

Evidence · table

“0.5”

Context: 10

ONED25-001Ontenu NE · goldGrade: 1.04Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.04
Grade Unit
g/t
Intercept
0.5 m
From
117.5 m
To
118 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:117.5-118.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows moderate gold grades, indicating a localized higher-grade zone within the Jorkol area.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“1.04”

Context: 0.5

ONED25-001Ontenu NE · copperGrade: 0.0215Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0215
Grade Unit
%
Intercept
0.5 m
From
117.5 m
To
118 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:117.5-118.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows very low copper grades, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very weak copper grade for an epithermal system
  • Very narrow intercept length

Evidence · table

“215”

Context: 0.5

ONED25-001Ontenu NE · silverGrade: 7Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
7
Grade Unit
g/t
Intercept
0.5 m
From
117.5 m
To
118 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:117.5-118.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows weak silver grades, indicating minor silver mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Weak silver grade for an epithermal system
  • Very narrow intercept length

Evidence · table

“7.0”

Context: 0.5

ONED25-001Ontenu NE · goldGrade: 1.08Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
0.3 m
From
119.7 m
To
120 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:119.7-120.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This extremely narrow intercept shows moderate gold grades, indicating a localized higher-grade zone within the Jorkol area.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Extremely narrow intercept length

Evidence · table

“1.08”

Context: 0.3

ONED25-001Ontenu NE · copperGrade: 0.037Grade Unit: %Intercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.037
Grade Unit
%
Intercept
0.3 m
From
119.7 m
To
120 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:119.7-120.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This extremely narrow intercept shows very low copper grades, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very weak copper grade for an epithermal system
  • Extremely narrow intercept length

Evidence · table

“370”

Context: 0.3

ONED25-001Ontenu NE · silverGrade: 22Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
22
Grade Unit
g/t
Intercept
0.3 m
From
119.7 m
To
120 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:119.7-120.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This extremely narrow intercept shows moderate silver grades, indicating a localized higher-grade zone within the Jorkol area.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Extremely narrow intercept length

Evidence · table

“22.0”

Context: 0.3

ONED25-001Ontenu NE · goldGrade: 1.04Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.04
Grade Unit
g/t
Intercept
3 m
From
204.5 m
To
207.5 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:204.5-207.5
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows moderate gold grades, indicating a localized higher-grade zone within the Jorkol area.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“1.04”

Context: 3

ONED25-001Ontenu NE · copperGrade: 0.2028Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.2028
Grade Unit
%
Intercept
3 m
From
204.5 m
To
207.5 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:204.5-207.5
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows moderate copper grades, indicating a localized higher-grade zone within the Jorkol area.

Positive factors

  • Moderate copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“2,028”

Context: 3

ONED25-001Ontenu NE · silverGrade: 26.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
26.4
Grade Unit
g/t
Intercept
3 m
From
204.5 m
To
207.5 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:204.5-207.5
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows moderate silver grades, indicating a localized higher-grade zone within the Jorkol area.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“26.4”

Context: 3

ONED25-001Ontenu NE · goldGrade: 3.16Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
3.16
Grade Unit
g/t
Intercept
0.5 m
From
204 m
To
205 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:204.0-205.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows strong gold grades with a significant bismuth signature, indicating a high-grade zone consistent with the targeted geological model.

Positive factors

  • Strong gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information
  • Elevated bismuth signature, characteristic of intrusion-related gold-vein mineralization

Negative factors

  • Very narrow intercept length

Evidence · table

“3.16”

Context: 0.5

ONED25-001Ontenu NE · copperGrade: 0.6198Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.6198
Grade Unit
%
Intercept
0.5 m
From
204 m
To
205 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:204.0-205.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows strong copper grades with a significant bismuth signature, indicating a high-grade zone consistent with the targeted geological model.

Positive factors

  • Strong copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information
  • Elevated bismuth signature, characteristic of intrusion-related gold-vein mineralization

Negative factors

  • Very narrow intercept length

Evidence · table

“6,198”

Context: 0.5

ONED25-001Ontenu NE · silverGrade: 96Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
ONED25-001
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
96
Grade Unit
g/t
Intercept
0.5 m
From
204 m
To
205 m
Hole Depth
318.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED25-001:204.0-205.0
Mining Method
underground

Location

Easting
365693
Northing
9295361
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1771 m
Azimuth
45 °
Dip
-61 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes
Deleterious Elements
bismuth

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate silver grades with a significant bismuth signature, indicating a high-grade zone consistent with the targeted geological model.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information
  • Elevated bismuth signature, characteristic of intrusion-related gold-vein mineralization

Negative factors

  • Very narrow intercept length

Evidence · table

“96.0”

Context: 0.5

ONED26-002Ontenu NE · goldGrade: 1.2Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
2 m
From
3 m
To
5 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:3.0-5.0
Mining Method
underground

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows moderate gold grades near surface, indicating a localized higher-grade zone within the Onki area.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“1.20”

Context: 2

ONED26-002Ontenu NE · copperGrade: 0.0155Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0155
Grade Unit
%
Intercept
2 m
From
3 m
To
5 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:3.0-5.0
Mining Method
underground

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows very low copper grades, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very weak copper grade for an epithermal system
  • Narrow intercept length

Evidence · table

“155”

Context: 2

ONED26-002Ontenu NE · silverGrade: 0.8Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
2 m
From
3 m
To
5 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:3.0-5.0
Mining Method
underground

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows very low silver grades, indicating minor silver mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very weak silver grade for an epithermal system
  • Narrow intercept length

Evidence · table

“0.8”

Context: 2

ONED26-004Ontenu NE · goldGrade: 2.6Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
2.6
Grade Unit
g/t
Intercept
1 m
From
43 m
To
44 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:43.0-44.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows strong gold grades, indicating a localized high-grade zone within the Jorkol area.

Positive factors

  • Strong gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“2.60”

Context: 1

ONED26-004Ontenu NE · copperGrade: 0.0122Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0122
Grade Unit
%
Intercept
1 m
From
43 m
To
44 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:43.0-44.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows very low copper grades, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very weak copper grade for an epithermal system
  • Very narrow intercept length

Evidence · table

“122”

Context: 1

ONED26-004Ontenu NE · silverGrade: 194Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
194
Grade Unit
g/t
Intercept
1 m
From
43 m
To
44 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:43.0-44.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows strong silver grades, indicating a localized high-grade zone within the Jorkol area.

Positive factors

  • Strong silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“194.0”

Context: 1

ONED26-004Ontenu NE · goldGrade: 2.79Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
2.79
Grade Unit
g/t
Intercept
1 m
From
51 m
To
52 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:51.0-52.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows strong gold grades, indicating a localized high-grade zone within the Jorkol area.

Positive factors

  • Strong gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“2.79”

Context: 1

ONED26-004Ontenu NE · copperGrade: 0.0139Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.0139
Grade Unit
%
Intercept
1 m
From
51 m
To
52 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:51.0-52.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows very low copper grades, indicating minor copper mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very weak copper grade for an epithermal system
  • Very narrow intercept length

Evidence · table

“139”

Context: 1

ONED26-004Ontenu NE · silverGrade: 5Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-004
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
5
Grade Unit
g/t
Intercept
1 m
From
51 m
To
52 m
Hole Depth
171.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-004:51.0-52.0
Mining Method
underground

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
347 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows weak silver grades, indicating minor silver mineralization.

Positive factors

  • Part of a maiden drill program, adding new geological information

Negative factors

  • Weak silver grade for an epithermal system
  • Very narrow intercept length

Evidence · table

“5.0”

Context: 1

ONED26-006Ontenu NE · goldGrade: 5.74Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
5.74
Grade Unit
g/t
Intercept
2 m
From
119 m
To
121 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:119.0-121.0
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows exceptional gold grades, indicating a significant high-grade zone within the Onki area, further supported by re-assay results.

Positive factors

  • Exceptional gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“5.74”

Context: 2

ONED26-006Ontenu NE · copperGrade: 1.4852Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.4852
Grade Unit
%
Intercept
2 m
From
119 m
To
121 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:119.0-121.0
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows strong copper grades, indicating a significant high-grade zone within the Onki area, further supported by peak assay results.

Positive factors

  • Strong copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“14,852”

Context: 2

ONED26-006Ontenu NE · silverGrade: 35Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
35
Grade Unit
g/t
Intercept
2 m
From
119 m
To
121 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:119.0-121.0
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows moderate silver grades, indicating a localized higher-grade zone within the Onki area.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“35.0”

Context: 2

ONED26-006Ontenu NE · goldGrade: 9.92Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
9.92
Grade Unit
g/t
Intercept
1 m
From
119.5 m
To
120.5 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:119.5-120.5
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows exceptional gold grades, representing a significant high-grade peak within the Onki area, confirmed by re-assay.

Positive factors

  • Exceptional gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information
  • Re-assay confirms high-grade nature

Negative factors

  • Very narrow intercept length

Evidence · table

“9.92 g/t Au”

Context: Peak 1m assay: 8.93 g/t Au; re-assayed at 9.92 g/t Au. Peak Cu assay 2.35%

ONED26-006Ontenu NE · copperGrade: 2.35Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
2.35
Grade Unit
%
Intercept
1 m
From
119.5 m
To
120.5 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:119.5-120.5
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows exceptional copper grades, representing a significant high-grade peak within the Onki area.

Positive factors

  • Exceptional copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“2.35%”

Context: Peak 1m assay: 8.93 g/t Au; re-assayed at 9.92 g/t Au. Peak Cu assay 2.35%

ONED26-006Ontenu NE · goldGrade: 1.46Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.46
Grade Unit
g/t
Intercept
1 m
From
271 m
To
272 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:271.0-272.0
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate gold grades at depth, indicating a localized higher-grade zone within the Onki area.

Positive factors

  • Moderate gold grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“1.46”

Context: 1

ONED26-006Ontenu NE · copperGrade: 0.2278Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.2278
Grade Unit
%
Intercept
1 m
From
271 m
To
272 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:271.0-272.0
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate copper grades at depth, indicating a localized higher-grade zone within the Onki area.

Positive factors

  • Moderate copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“2,278”

Context: 1

ONED26-006Ontenu NE · silverGrade: 12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
12
Grade Unit
g/t
Intercept
1 m
From
271 m
To
272 m
Hole Depth
304 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-006:271.0-272.0
Mining Method
underground

Location

Easting
366261
Northing
9296122
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1851 m
Azimuth
93 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1
Cutoff Unit
g/t
Dilution Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This very narrow intercept shows moderate silver grades at depth, indicating a localized higher-grade zone within the Onki area.

Positive factors

  • Moderate silver grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Very narrow intercept length

Evidence · table

“12.0”

Context: 1

ONED26-002Ontenu NE · copperGrade: 0.2246Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.2246
Grade Unit
%
Intercept
11 m
From
42 m
To
53 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:42.0-53.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate copper grades over a moderate width, indicating a significant copper zone within the Onki area.

Positive factors

  • Moderate copper grade for an epithermal system
  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Evidence · table

“2,246”

Context: 11

ONED26-002Ontenu NE · goldGrade: 0.18Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
11 m
From
42 m
To
53 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:42.0-53.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.18 g/t Au)

Evidence · table

“0.18”

Context: 11

ONED26-002Ontenu NE · silverGrade: 1.1Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
11 m
From
42 m
To
53 m
Hole Depth
348.8 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-002:42.0-53.0
Mining Method
unknown

Location

Easting
366382
Northing
9296303
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1817 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (1.1 g/t Ag)

Evidence · table

“1.1”

Context: 11

ONED26-003Ontenu NE · copperGrade: 0.1145Grade Unit: %Intercept: 16 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.1145
Grade Unit
%
Intercept
16 m
From
216 m
To
232 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:216.0-232.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept shows moderate copper grades over a moderate width, indicating a significant copper zone within the Onki area.

Positive factors

  • Moderate copper grade for an epithermal system
  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Evidence · table

“1,145”

Context: 16

ONED26-003Ontenu NE · goldGrade: 0.09Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
16 m
From
216 m
To
232 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:216.0-232.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms gold mineralization, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Gold grade is very weak for epithermal deposits (0.09 g/t Au)

Evidence · table

“0.09”

Context: 16

ONED26-003Ontenu NE · silverGrade: 0.8Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
16 m
From
216 m
To
232 m
Hole Depth
401.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-003:216.0-232.0
Mining Method
unknown

Location

Easting
366254
Northing
9296133
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1823 m
Azimuth
290 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This intercept confirms silver mineralization, but the grade is very low for an epithermal system.

Positive factors

  • Moderate intercept length indicates mineralization continuity
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Silver grade is very weak for epithermal deposits (0.8 g/t Ag)

Evidence · table

“0.8”

Context: 16

ONED26-005Ontenu NE · copperGrade: 0.3313Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.3313
Grade Unit
%
Intercept
4 m
From
114 m
To
118 m
Hole Depth
123 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
ONED26-005:114.0-118.0
Mining Method
unknown

Location

Easting
365667
Northing
9295561
CRS
WGS84 Zone 55
EPSG
32755
Elevation
1769 m
Azimuth
0 °
Dip
-55 °
Loc. Confidence
high

QA/QC

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

Deleterious

Deleterious Flag
Yes

Compositing

Cutoff Grade
1000
Cutoff Unit
ppm
Dilution Disclosed
Yes
Max Dilution
3 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: This narrow intercept shows strong copper grades, indicating a significant copper zone within the Jorkol area.

Positive factors

  • Strong copper grade for an epithermal system
  • Part of a maiden drill program, adding new geological information

Negative factors

  • Narrow intercept length

Evidence · table

“3,313”

Context: 4

ONED26-005Ontenu NE · goldGrade: 0.45Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
4 m
From
114 m
To
118 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-005:114-118
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 0.45 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.8 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

“0.45”

Context: ONED26-005

ONED26-005Ontenu NE · silverGrade: 29.3Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
ONED26-005
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
29.3
Grade Unit
g/t
Intercept
4 m
From
114 m
To
118 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-005:114-118
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 29.3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 117.2 g/t·m is below.

Negative factors

  • 29.3 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

“29.3”

Context: ONED26-005

ONED26-002Ontenu NE · copperGrade: 1589Grade Unit: ppmIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1589
Grade Unit
ppm
Intercept
8 m
From
126 m
To
134 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-002:126-134
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table: 1589 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“1,589”

Context: ONED26-002

ONED26-002Ontenu NE · goldGrade: 0.26Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
8 m
From
126 m
To
134 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-002:126-134
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 0.26 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.1 g/t·m is below.

Negative factors

  • 0.26 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.26”

Context: ONED26-002

ONED26-002Ontenu NE · silverGrade: 4.1Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
ONED26-002
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
4.1
Grade Unit
g/t
Intercept
8 m
From
126 m
To
134 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-002:126-134
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 4.1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 32.8 g/t·m is below.

Negative factors

  • 4.1 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

“4.1”

Context: ONED26-002

ONED26-003Ontenu NE · copperGrade: 1200Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1200
Grade Unit
ppm
Intercept
9 m
From
52 m
To
61 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-003:52-61
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table: 1200 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“1,200”

Context: ONED26-003

ONED26-003Ontenu NE · goldGrade: 0.25Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
9 m
From
52 m
To
61 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-003:52-61
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.3 g/t·m is below.

Negative factors

  • 0.25 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.25”

Context: ONED26-003

ONED26-003Ontenu NE · silverGrade: 3.4Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
3.4
Grade Unit
g/t
Intercept
9 m
From
52 m
To
61 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-003:52-61
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 3.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 30.6 g/t·m is below.

Negative factors

  • 3.4 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

“3.4”

Context: ONED26-003

ONED26-006Ontenu NE · copperGrade: 8068Grade Unit: ppmIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
8068
Grade Unit
ppm
Intercept
4 m
From
117 m
To
121 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-006:117-121
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table: 8068 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“8,068”

Context: ONED26-006

ONED26-006Ontenu NE · goldGrade: 3.13Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
3.13
Grade Unit
g/t
Intercept
4 m
From
117 m
To
121 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-006:117-121
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 3.13 g/t gold is strong against the default band [5, 2, 1, 0.3] g/t. Grade×width 12.5 g/t·m is weak (grade alone is strong; the better of the two is used).

Positive factors

  • 3.13 g/t gold is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.13”

Context: ONED26-006

ONED26-006Ontenu NE · silverGrade: 18.5Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
ONED26-006
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
18.5
Grade Unit
g/t
Intercept
4 m
From
117 m
To
121 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-006:117-121
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 18.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 74.0 g/t·m is below.

Negative factors

  • 18.5 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

“18.5”

Context: ONED26-006

ONED26-003Ontenu NE · copperGrade: 1155Grade Unit: ppmIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
copper
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
1155
Grade Unit
ppm
Intercept
9 m
From
139 m
To
148 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-003:139-148
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table: 1155 ppm copper, reported in a unit the rubric does not cover (%).

Negative factors

  • Grade unit ppm does not match the copper rubric unit %; not scored.

Evidence · table

“1,155”

Context: ONED26-003

ONED26-003Ontenu NE · goldGrade: 0.1Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
gold
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
9 m
From
139 m
To
148 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-003:139-148
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 0.9 g/t·m is below.

Negative factors

  • 0.1 g/t gold is below the weak threshold (0.3 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.10”

Context: ONED26-003

ONED26-003Ontenu NE · silverGrade: 0.6Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
ONED26-003
Project
Ontenu NE
Commodity
silver
Region
png
Reported Region
Papua New Guinea
Ticker
SPMC

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
9 m
From
139 m
To
148 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
ONED26-003:139-148
Mining Method
unknown

Location

CRS
WGS84 Zone 55

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-20T00:00:00.000Z

Reasoning: Expanded from assay table. 0.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.4 g/t·m is below.

Negative factors

  • 0.6 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

“0.6”

Context: ONED26-003

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.