Wayka's Kelly Zone Channel 21 Returns 0.98 g/t gold over 11.0 metres

Original announcement by tmx on

Company
Lucky Minerals Inc.
Ticker
LKY
Exchange
TSX
Region
Ecuador
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-08-21 11:56:25 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lucky Minerals reported channel sampling results from the Kelly Zone at the Fortuna Property, featuring 0.98 g/t gold over 11 metres. The results confirm a significant mineralized breccia zone extending approximately 100 metres in strike length.

Reasoning: Channel sampling confirms gold mineralization within a newly identified 100m strike length breccia zone, including a high-grade sub-interval.

Positive factors

  • extension of mineralized breccia
  • high-grade sub-interval
  • QA/QC disclosed

Facts used in scoring: 5

Classification and evidence

QA/CP Signedpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Victor Jaramillo, M.Sc.A., P. Geo., is named as the Qualified Person.

Evidence · text

“Qualified Person Victor Jaramillo, M.Sc.A., P. Geo., Lucky's Exploration Manager and a qualified person in accordance with National Instrument 43-101”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

C-21Fortuna Property · goldGrade: 0.46Grade Unit: g/tIntercept: 25 mView all details
Link to this fact

Identity

Hole ID
C-21
Project
Fortuna Property
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
LKY

Geometry

Grade
0.46
Grade Unit
g/t
Intercept
25 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Group ID
C-21:0-25
Mining Method
unknown

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-17T00:00:00.000Z

Reasoning: Low grade intercept confirming presence of mineralization.

Evidence · text

“Kelly Zone (North Wayka) channel 21 (C-21) returns 0.46 g/t gold over 25 metres”
C-21Fortuna Property · goldGrade: 0.98Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
C-21
Project
Fortuna Property
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
LKY

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
11 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
channel
Group ID
C-21:0-25
Mining Method
unknown

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-17T00:00:00.000Z

Reasoning: Stronger grade sub-interval within the main channel intercept.

Positive factors

  • high-grade sub-interval

Evidence · text

“including 0.98 g/t gold over 11 metres”
T-12Fortuna Property · goldGrade: 1.21Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
T-12
Project
Fortuna Property
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
LKY

Geometry

Grade
1.21
Grade Unit
g/t
Intercept
10 m

Classification

Sample Type
channel

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-10-25T00:00:00.000Z

Dates

Event date
2023-01-17T00:00:00.000Z

Reasoning: Historical result restated from October 2021 release.

Negative factors

  • Stale Data Re-release

Evidence · text

“trench 12 (T-12), which returned an average of 1.21 g/t gold over 10 metres (Please see news release October 25, 2021)”
C-15Fortuna Property · goldGrade: 0.19Grade Unit: g/tIntercept: 19 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
C-15
Project
Fortuna Property
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
LKY

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
19 m

Classification

Sample Type
channel

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2023-01-17T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · text

“Channel 15 returned 19 metres with 0.19 g/t gold.”
C-20Fortuna Property · goldGrade: 1.04Grade Unit: g/tIntercept: 13 mHistorical resultNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
C-20
Project
Fortuna Property
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
LKY

Geometry

Grade
1.04
Grade Unit
g/t
Intercept
13 m

Classification

Sample Type
channel

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
Yes
Historical Source Date
2022-12-12T00:00:00.000Z

Dates

Event date
2023-01-17T00:00:00.000Z

Reasoning: Historical result restated from December 2022 release.

Evidence · text

“Channel 20 returned 1.04 g/t gold across 13 meters (Please see news release December 12, 2022)”

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.