Thunder Mountain Gold Advances Ag-Au-Cu-Pb-Zn Massive Sulfide Resource Expansion Targets at South Mountain

Original announcement by tmx on

Company
Thunder Mountain Gold
Ticker
THM
Exchange
TSX
Region
southern Idaho
Primary commodity
Zinc
Secondary commodities
Silver, Gold, Copper, Lead
Document categories
Drill results
Extracted
2026-09-22 22:22:29 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Thunder Mountain Gold reports successful initial drill results from its 2026 exploration program at the South Mountain Project in Idaho, confirming near-resource expansion potential and identifying new massive sulfide mineralization. Key intercepts include high-grade silver and zinc, with associated gold, copper, and lead, and estimated true widths. The company anticipates a significant improvement in understanding the resource size and scale as more assays are pending.

Reasoning: Thunder Mountain Gold's initial 2026 drill results at South Mountain are highly positive, confirming significant polymetallic mineralization with high-grade silver and zinc intercepts, expanding the known resource footprint, and identifying new zones. The program benefits from robust QA/QC and QP oversight, although the full impact awaits pending assays.

Positive factors

  • High-grade polymetallic intercepts, particularly for silver and zinc.
  • Confirmation of near-resource expansion potential in previously undrilled areas.
  • Identification of new massive sulfide mineralization at the Kentucky target, extending continuity.
  • True width estimated for reported intercepts, providing better geological context.
  • Comprehensive QA/QC procedures disclosed, including standards, duplicates, and blanks.
  • Technical information reviewed and approved by a Qualified Person (QP) under S-K 1300 and NI 43-101 standards.

Negative factors

  • Many assays are still pending, meaning the full scope of the program's success is not yet known.
  • Cut-off grades for compositing are not explicitly disclosed.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 65

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept in hole SM26-057 from 40.23m to 42.34m returned 451 g/t Ag, which is well above the exceptional threshold for silver.

Evidence · table

“451”

Context: 2.11

True Width Disclosedpositive

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

Why it applies: The drill results table includes an '*Est. True width (m)' column, indicating that true widths have been estimated for the reported intercepts.

Evidence · table

“*Est. True width (m)”

Context: Interval (m)

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document explicitly states 'Three step-out holes demonstrated approximately 80 meters of down-plunge continuity' at the Kentucky target.

Evidence · text

“Three step-out holes demonstrated approximately 80 meters of down-plunge continuity”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures, including the insertion of certified standard reference materials, duplicates, and blanks, and mentions assay by MSA Labs.

Evidence · text

“Quality control was monitored by the insertion of numerous blind certified standard reference materials, duplicates, and blanks into each sample shipment.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The technical information was reviewed and approved by Steven A. Osterberg, Ph.D., P.G., Q.P. consulting geologist, who is a 'Qualified Person' as defined by U.S. S-K 1300 and NI 43-101 standards.

Evidence · text

“The technical information in this news release was reviewed and approved by Steven A. Osterberg, Ph.D., P.G., Q.P. consulting geologist, and is a "Qualified Person" as defined by the U.S. S-K 1300 regulations and National Instrument 43-101 standards.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The 8,500-foot diamond core program was designed to 'expand the established carbonate replacement deposit (CRD) massive sulfide resource', indicating infill or extension drilling.

Evidence · text

“The Company's 8,500-foot diamond core program was designed to expand the established carbonate replacement deposit (CRD) massive sulfide resource”

Cut-off Undisclosednegative

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

Why it applies: The document does not explicitly state the cut-off grade used for reporting the drill intercepts.

Evidence · text

“Initial Assay Results from 2026 Drilling”

Extracted facts

Stored fact records: 65. Some facts used in scoring do not have a stored record.

Drill Results (65)

SM26-055South Mountain · silverGrade: 52Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
52
Grade Unit
g/t
Intercept
7.4 m
True Width
49.56 m
From
55.69 m
To
63.09 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:55.69-63.09
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows a good silver grade with a significant estimated true width, contributing to the resource expansion efforts.

Positive factors

  • Good silver grade for an exploration intercept.
  • True width estimated, providing better context.
  • Part of a program expanding known mineralization.

Evidence · table

“52”

Context: 7.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 49.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · goldGrade: 0.299Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.299
Grade Unit
g/t
Intercept
7.4 m
True Width
49.56 m
From
55.69 m
To
63.09 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:55.69-63.09
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This gold grade is moderate but contributes to the overall polymetallic nature of the intercept.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.
  • True width estimated, providing better context.

Evidence · table

“0.299”

Context: 7.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 49.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · copperGrade: 0.0308Grade Unit: %Intercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0308
Grade Unit
%
Intercept
7.4 m
True Width
49.56 m
From
55.69 m
To
63.09 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:55.69-63.09
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The copper grade is very low, but its presence supports the polymetallic nature of the mineralization.

Positive factors

  • Presence of copper contributes to the polymetallic nature of the deposit.

Negative factors

  • Copper grade is very low (308 ppm).

Evidence · table

“308 ppm”

Context: 7.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 49.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · leadGrade: 0.0506Grade Unit: %Intercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0506
Grade Unit
%
Intercept
7.4 m
True Width
49.56 m
From
55.69 m
To
63.09 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:55.69-63.09
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the mineralization.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (506 ppm).

Evidence · table

“506 ppm”

Context: 7.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 49.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · zincGrade: 0.22Grade Unit: %Intercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.22
Grade Unit
%
Intercept
7.4 m
True Width
49.56 m
From
55.69 m
To
63.09 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:55.69-63.09
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The zinc grade is moderate but contributes to the overall polymetallic nature of the intercept.

Positive factors

  • Presence of zinc contributes to the polymetallic nature of the deposit.

Evidence · table

“0.22%”

Context: 7.40

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 49.56

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · silverGrade: 86Grade Unit: g/tIntercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
86
Grade Unit
g/t
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-121.13
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This broad intercept with a strong silver grade and significant true width is a material positive result for resource expansion.

Positive factors

  • Strong silver grade over a broad interval.
  • Significant estimated true width.
  • Part of a program expanding known mineralization.

Evidence · table

“86”

Context: 22.47

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · goldGrade: 0.105Grade Unit: g/tIntercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.105
Grade Unit
g/t
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-121.13
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is low but contributes to the overall polymetallic nature of the broad intercept.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Evidence · table

“0.105”

Context: 22.47

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · copperGrade: 0.36Grade Unit: %Intercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.36
Grade Unit
%
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-121.13
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The copper grade is moderate and contributes to the overall polymetallic nature of the broad intercept.

Positive factors

  • Moderate copper grade for a broad polymetallic intercept.
  • True width estimated, providing better context.

Evidence · table

“0.36 %”

Context: 22.47

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · leadGrade: 0.031Grade Unit: %Intercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.031
Grade Unit
%
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-121.13
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the broad intercept.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (310 ppm).

Evidence · table

“310 ppm”

Context: 22.47

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · zincGrade: 0.52Grade Unit: %Intercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.52
Grade Unit
%
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-121.13
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The zinc grade is moderate and contributes to the overall polymetallic nature of the broad intercept.

Positive factors

  • Moderate zinc grade over a broad interval.
  • Significant estimated true width.

Evidence · table

“0.52 %”

Context: 22.47

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · silverGrade: 141Grade Unit: g/tIntercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
141
Grade Unit
g/t
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade silver sub-interval demonstrates strong mineralization within the broader intercept, enhancing its materiality.

Positive factors

  • High-grade silver in a significant sub-interval.
  • Good estimated true width.
  • Indicates higher-grade zones within the broader mineralization.

Evidence · table

“141”

Context: 10.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · goldGrade: 0.179Grade Unit: g/tIntercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.179
Grade Unit
g/t
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is moderate and contributes to the overall polymetallic nature of the sub-interval.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Evidence · table

“0.179”

Context: 10.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · copperGrade: 0.74Grade Unit: %Intercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.74
Grade Unit
%
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This copper grade is strong for a polymetallic deposit and contributes significantly to the sub-interval's value.

Positive factors

  • Good copper grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“0.74 %”

Context: 10.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · leadGrade: 0.0382Grade Unit: %Intercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0382
Grade Unit
%
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the sub-interval.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (382 ppm).

Evidence · table

“382 ppm”

Context: 10.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · zincGrade: 1Grade Unit: %Intercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1
Grade Unit
%
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:98.66-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This zinc grade is strong for a polymetallic deposit and contributes significantly to the sub-interval's value.

Positive factors

  • Good zinc grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.00 %”

Context: 10.15

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · silverGrade: 124Grade Unit: g/tIntercept: 7.43 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
124
Grade Unit
g/t
Intercept
7.43 m
True Width
6.61 m
From
101.38 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:101.38-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This strong silver sub-interval further highlights the high-grade nature of the mineralization within the broader intercept.

Positive factors

  • Strong silver grade in a significant sub-interval.
  • Good estimated true width.
  • Indicates higher-grade zones within the broader mineralization.

Evidence · table

“124”

Context: 7.43

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · goldGrade: 0.203Grade Unit: g/tIntercept: 7.43 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.203
Grade Unit
g/t
Intercept
7.43 m
True Width
6.61 m
From
101.38 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:101.38-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is moderate and contributes to the overall polymetallic nature of the sub-interval.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Evidence · table

“0.203”

Context: 7.43

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · copperGrade: 1.01Grade Unit: %Intercept: 7.43 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.01
Grade Unit
%
Intercept
7.43 m
True Width
6.61 m
From
101.38 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:101.38-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This strong copper grade significantly enhances the value of the sub-interval within the polymetallic system.

Positive factors

  • Strong copper grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.01 %”

Context: 7.43

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · leadGrade: 0.0385Grade Unit: %Intercept: 7.43 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0385
Grade Unit
%
Intercept
7.43 m
True Width
6.61 m
From
101.38 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:101.38-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the sub-interval.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (385 ppm).

Evidence · table

“385 ppm”

Context: 7.43

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · zincGrade: 1.36Grade Unit: %Intercept: 7.43 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.36
Grade Unit
%
Intercept
7.43 m
True Width
6.61 m
From
101.38 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:101.38-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This strong zinc grade significantly enhances the value of the sub-interval within the polymetallic system.

Positive factors

  • Strong zinc grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.36”

Context: 7.43

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 6.61

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · silverGrade: 133Grade Unit: g/tIntercept: 5.03 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
133
Grade Unit
g/t
Intercept
5.03 m
True Width
4.48 m
From
103.78 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:103.78-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade silver sub-interval further demonstrates strong mineralization within the broader intercept, enhancing its materiality.

Positive factors

  • High-grade silver in a significant sub-interval.
  • Good estimated true width.
  • Indicates higher-grade zones within the broader mineralization.

Evidence · table

“133”

Context: 5.03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · goldGrade: 0.179Grade Unit: g/tIntercept: 5.03 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.179
Grade Unit
g/t
Intercept
5.03 m
True Width
4.48 m
From
103.78 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:103.78-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is moderate and contributes to the overall polymetallic nature of the sub-interval.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Evidence · table

“0.179”

Context: 5.03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · copperGrade: 1.47Grade Unit: %Intercept: 5.03 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.47
Grade Unit
%
Intercept
5.03 m
True Width
4.48 m
From
103.78 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:103.78-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade copper significantly enhances the value of the sub-interval within the polymetallic system.

Positive factors

  • High-grade copper for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.47 %”

Context: 5.03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · leadGrade: 0.0318Grade Unit: %Intercept: 5.03 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0318
Grade Unit
%
Intercept
5.03 m
True Width
4.48 m
From
103.78 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:103.78-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the sub-interval.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (318 ppm).

Evidence · table

“318 ppm”

Context: 5.03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-055South Mountain · zincGrade: 1.95Grade Unit: %Intercept: 5.03 mView all details
Link to this fact

Identity

Hole ID
SM26-055
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.95
Grade Unit
%
Intercept
5.03 m
True Width
4.48 m
From
103.78 m
To
108.81 m
Hole Depth
133 m
Intercept Depth
55.69 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-055:103.78-108.81
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade zinc significantly enhances the value of the sub-interval within the polymetallic system.

Positive factors

  • High-grade zinc for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.95 %”

Context: 5.03

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.48

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-056South Mountain · silverGrade: 67Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
SM26-056
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
67
Grade Unit
g/t
Intercept
7.62 m
True Width
5.49 m
From
125.88 m
To
133.5 m
Hole Depth
169 m
Intercept Depth
125.88 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-056:125.88-133.5
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-85 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows a good silver grade with a significant estimated true width, contributing to the resource expansion efforts.

Positive factors

  • Good silver grade for an exploration intercept.
  • True width estimated, providing better context.
  • Part of a program expanding known mineralization.

Evidence · table

“67”

Context: 7.62

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-056South Mountain · goldGrade: 0.046Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
SM26-056
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.046
Grade Unit
g/t
Intercept
7.62 m
True Width
5.49 m
From
125.88 m
To
133.5 m
Hole Depth
169 m
Intercept Depth
125.88 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-056:125.88-133.5
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-85 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is very low but its presence supports the polymetallic nature of the intercept.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Negative factors

  • Gold grade is very low.

Evidence · table

“0.046”

Context: 7.62

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-056South Mountain · copperGrade: 0.39Grade Unit: %Intercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
SM26-056
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.39
Grade Unit
%
Intercept
7.62 m
True Width
5.49 m
From
125.88 m
To
133.5 m
Hole Depth
169 m
Intercept Depth
125.88 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-056:125.88-133.5
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-85 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The copper grade is moderate and contributes to the overall polymetallic nature of the intercept.

Positive factors

  • Moderate copper grade for a polymetallic intercept.
  • True width estimated, providing better context.

Evidence · table

“0.39 %”

Context: 7.62

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-056South Mountain · leadGrade: 0.0122Grade Unit: %Intercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
SM26-056
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0122
Grade Unit
%
Intercept
7.62 m
True Width
5.49 m
From
125.88 m
To
133.5 m
Hole Depth
169 m
Intercept Depth
125.88 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-056:125.88-133.5
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-85 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the intercept.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (122 ppm).

Evidence · table

“122 ppm”

Context: 7.62

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-056South Mountain · zincGrade: 1.95Grade Unit: %Intercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
SM26-056
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.95
Grade Unit
%
Intercept
7.62 m
True Width
5.49 m
From
125.88 m
To
133.5 m
Hole Depth
169 m
Intercept Depth
125.88 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-056:125.88-133.5
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-85 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade zinc significantly enhances the value of the intercept within the polymetallic system.

Positive factors

  • High-grade zinc for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.95 %”

Context: 7.62

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 5.49

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · silverGrade: 451Grade Unit: g/tIntercept: 2.11 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
451
Grade Unit
g/t
Intercept
2.11 m
True Width
1.98 m
From
40.23 m
To
42.34 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:40.23-42.34
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade over a good true width, representing a bonanza-grade zone.

Positive factors

  • Exceptional silver grade over a good true width.
  • Indicates very high-grade mineralization.
  • Part of a program expanding known mineralization.

Evidence · table

“451”

Context: 2.11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · goldGrade: 1.51Grade Unit: g/tIntercept: 2.11 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
2.11 m
True Width
1.98 m
From
40.23 m
To
42.34 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:40.23-42.34
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This strong gold grade significantly enhances the value of the intercept within the polymetallic system.

Positive factors

  • Strong gold grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.510”

Context: 2.11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · copperGrade: 0.0201Grade Unit: %Intercept: 2.11 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0201
Grade Unit
%
Intercept
2.11 m
True Width
1.98 m
From
40.23 m
To
42.34 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:40.23-42.34
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The copper grade is very low, but its presence supports the polymetallic nature of the intercept.

Positive factors

  • Presence of copper contributes to the polymetallic nature of the deposit.

Negative factors

  • Copper grade is very low (201 ppm).

Evidence · table

“201 ppm”

Context: 2.11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · leadGrade: 4.44Grade Unit: %Intercept: 2.11 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
4.44
Grade Unit
%
Intercept
2.11 m
True Width
1.98 m
From
40.23 m
To
42.34 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:40.23-42.34
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade lead significantly enhances the value of the intercept within the polymetallic system.

Positive factors

  • High-grade lead for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“4.44 %”

Context: 2.11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · zincGrade: 1.64Grade Unit: %Intercept: 2.11 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1.64
Grade Unit
%
Intercept
2.11 m
True Width
1.98 m
From
40.23 m
To
42.34 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:40.23-42.34
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This strong zinc grade significantly enhances the value of the intercept within the polymetallic system.

Positive factors

  • Strong zinc grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“1.64 %”

Context: 2.11

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 1.98

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · silverGrade: 117Grade Unit: g/tIntercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
117
Grade Unit
g/t
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:99.79-113.42
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This broad intercept with a strong silver grade and significant true width is a material positive result for resource expansion.

Positive factors

  • Strong silver grade over a broad interval.
  • Significant estimated true width.
  • Part of a program expanding known mineralization.

Evidence · table

“117”

Context: 13.63

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · goldGrade: 0.086Grade Unit: g/tIntercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.086
Grade Unit
g/t
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:99.79-113.42
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is low but contributes to the overall polymetallic nature of the broad intercept.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Evidence · table

“0.086”

Context: 13.63

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · copperGrade: 0.81Grade Unit: %Intercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.81
Grade Unit
%
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:99.79-113.42
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The copper grade is strong for a polymetallic deposit and contributes significantly to the broad intercept's value.

Positive factors

  • Good copper grade for a polymetallic deposit.
  • Significant estimated true width.

Evidence · table

“0.81 %”

Context: 13.63

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · leadGrade: 0.0352Grade Unit: %Intercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0352
Grade Unit
%
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:99.79-113.42
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the broad intercept.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (352 ppm).

Evidence · table

“352 ppm”

Context: 13.63

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · zincGrade: 0.94Grade Unit: %Intercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.94
Grade Unit
%
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:99.79-113.42
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The zinc grade is strong and contributes to the overall polymetallic nature of the broad intercept.

Positive factors

  • Good zinc grade over a broad interval.
  • Significant estimated true width.

Evidence · table

“0.94 %”

Context: 13.63

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · silverGrade: 234Grade Unit: g/tIntercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
234
Grade Unit
g/t
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:101.19-105.86
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This exceptional silver sub-interval demonstrates very strong mineralization within the broader intercept, significantly enhancing its materiality.

Positive factors

  • Exceptional silver grade in a significant sub-interval.
  • Good estimated true width.
  • Indicates very high-grade zones within the broader mineralization.

Evidence · table

“234”

Context: 4.67

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · goldGrade: 0.196Grade Unit: g/tIntercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.196
Grade Unit
g/t
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:101.19-105.86
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The gold grade is moderate and contributes to the overall polymetallic nature of the sub-interval.

Positive factors

  • Associated gold mineralization adds value to the polymetallic intercept.

Evidence · table

“0.196”

Context: 4.67

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · copperGrade: 2.12Grade Unit: %Intercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
2.12
Grade Unit
%
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:101.19-105.86
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This exceptional copper grade significantly enhances the value of the sub-interval within the polymetallic system.

Positive factors

  • Exceptional copper grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“2.12 %”

Context: 4.67

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · leadGrade: 0.0454Grade Unit: %Intercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.0454
Grade Unit
%
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:101.19-105.86
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The lead grade is very low, but its presence supports the polymetallic nature of the sub-interval.

Positive factors

  • Presence of lead contributes to the polymetallic nature of the deposit.

Negative factors

  • Lead grade is very low (454 ppm).

Evidence · table

“454 ppm”

Context: 4.67

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

SM26-057South Mountain · zincGrade: 2.44Grade Unit: %Intercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
SM26-057
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
2.44
Grade Unit
%
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Hole Depth
124 m
Intercept Depth
40.23 m

Classification

Deposit Type
other
Program
mixed
Sample Type
drill
Group ID
SM26-057:101.19-105.86
Mining Method
unknown

Location

Easting
507036
Northing
4732144
CRS
WGS84 (meters)
Azimuth
335 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This exceptional zinc grade significantly enhances the value of the sub-interval within the polymetallic system.

Positive factors

  • Exceptional zinc grade for a polymetallic deposit.
  • Good estimated true width.

Evidence · table

“2.44 %”

Context: 4.67

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · silverGrade: 86Grade Unit: g/tIntercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
86
Grade Unit
g/t
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-121.13
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 86 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1932.4 g/t·m is moderate (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

“86”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · goldGrade: 0.105Grade Unit: g/tIntercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.105
Grade Unit
g/t
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-121.13
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.105 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.4 g/t·m is below.

Negative factors

  • 0.105 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

“0.105”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · copperGrade: 0.36Grade Unit: %Intercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.36
Grade Unit
%
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-121.13
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.36 % copper is weak against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 8.1 %·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

“0.36 %”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · leadGrade: 310Grade Unit: %Intercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
310
Grade Unit
%
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-121.13
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 310 % lead is exceptional against the default band [10, 6, 3, 1] %. Grade×width 6965.7 %·m is exceptional.

Positive factors

  • 310 % lead is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“310 ppm”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · zincGrade: 0.52Grade Unit: %Intercept: 22.47 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.52
Grade Unit
%
Intercept
22.47 m
True Width
20 m
From
98.66 m
To
121.13 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-121.13
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.52 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 11.7 %·m is below.

Negative factors

  • 0.52 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.52 %”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 20

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · silverGrade: 141Grade Unit: g/tIntercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
141
Grade Unit
g/t
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-108.81
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 141 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1431.2 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“141”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · goldGrade: 0.179Grade Unit: g/tIntercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.179
Grade Unit
g/t
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-108.81
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.179 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.8 g/t·m is below.

Negative factors

  • 0.179 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

“0.179”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · copperGrade: 0.74Grade Unit: %Intercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.74
Grade Unit
%
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-108.81
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.74 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 7.5 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.74 %”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · leadGrade: 382Grade Unit: %Intercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
382
Grade Unit
%
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-108.81
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 382 % lead is exceptional against the default band [10, 6, 3, 1] %. Grade×width 3877.3 %·m is exceptional.

Positive factors

  • 382 % lead is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“382 ppm”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · zincGrade: 1Grade Unit: %Intercept: 10.15 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
1
Grade Unit
%
Intercept
10.15 m
True Width
9.03 m
From
98.66 m
To
108.81 m
Intercept Depth
98.66 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:98.66-108.81
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 1 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 10.2 %·m is below.

Negative factors

  • 1 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.00 %”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 9.03

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · silverGrade: 117Grade Unit: g/tIntercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
117
Grade Unit
g/t
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Intercept Depth
99.79 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:99.79-113.42
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 117 g/t silver is moderate against the default band [500, 200, 100, 30] g/t. Grade×width 1594.7 g/t·m is moderate.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“117”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · goldGrade: 0.086Grade Unit: g/tIntercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.086
Grade Unit
g/t
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Intercept Depth
99.79 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:99.79-113.42
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.086 g/t gold is below against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.2 g/t·m is below.

Negative factors

  • 0.086 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

“0.086”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · copperGrade: 0.81Grade Unit: %Intercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.81
Grade Unit
%
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Intercept Depth
99.79 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:99.79-113.42
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.81 % copper is moderate against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 11.0 %·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.81 %”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · leadGrade: 352Grade Unit: %Intercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
352
Grade Unit
%
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Intercept Depth
99.79 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:99.79-113.42
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 352 % lead is exceptional against the default band [10, 6, 3, 1] %. Grade×width 4797.8 %·m is exceptional.

Positive factors

  • 352 % lead is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“352 ppm”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · zincGrade: 0.94Grade Unit: %Intercept: 13.63 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.94
Grade Unit
%
Intercept
13.63 m
True Width
12.81 m
From
99.79 m
To
113.42 m
Intercept Depth
99.79 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:99.79-113.42
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.94 % zinc is below against the default band [18, 10, 5, 2] %. Grade×width 12.8 %·m is below.

Negative factors

  • 0.94 % zinc is below the weak threshold (2 %) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.94 %”

Context: and

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 12.81

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · silverGrade: 234Grade Unit: g/tIntercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
234
Grade Unit
g/t
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Intercept Depth
101.19 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:101.19-105.86
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 234 g/t silver is strong against the default band [500, 200, 100, 30] g/t. Grade×width 1092.8 g/t·m is moderate (grade alone is strong; the better of the two is used).

Positive factors

  • 234 g/t silver is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“234”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · goldGrade: 0.196Grade Unit: g/tIntercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
0.196
Grade Unit
g/t
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Intercept Depth
101.19 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:101.19-105.86
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.196 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

  • 0.196 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

“0.196”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · copperGrade: 2.12Grade Unit: %Intercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
copper
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
2.12
Grade Unit
%
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Intercept Depth
101.19 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:101.19-105.86
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 2.12 % copper is strong against the default band [2.5, 1, 0.5, 0.25] %. Grade×width 9.9 %·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 2.12 % copper is strong on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.12 %”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · leadGrade: 454Grade Unit: %Intercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
lead
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
454
Grade Unit
%
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Intercept Depth
101.19 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:101.19-105.86
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 454 % lead is exceptional against the default band [10, 6, 3, 1] %. Grade×width 2120.2 %·m is exceptional.

Positive factors

  • 454 % lead is exceptional on the default band.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“454 ppm”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

andSouth Mountain · zincGrade: 2.44Grade Unit: %Intercept: 4.67 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Mountain
Commodity
zinc
Region
usa_id
Reported Region
usa_id
Ticker
THM

Geometry

Grade
2.44
Grade Unit
%
Intercept
4.67 m
True Width
4.39 m
From
101.19 m
To
105.86 m
Intercept Depth
101.19 m

Classification

Deposit Type
other
Sample Type
drill
Group ID
and:101.19-105.86
Mining Method
unknown

Location

CRS
WGS84 (meters)

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 2.44 % zinc is weak against the default band [18, 10, 5, 2] %. Grade×width 11.4 %·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.44 %”

Context: including

Tags used in scoring

True Width Disclosedpositive

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

Why it applies: true_width_m is 4.39

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following th"

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.