Abasca Resources Announces Completion of 2025 Winter Program and Non-Brokered Private Placement of up to $1.25 Million

Original announcement by tmx on

Company
Abasca Resources Inc.
Ticker
ABA
Exchange
TSX
Region
Saskatchewan
Primary commodity
Graphite
Secondary commodities
Uranium
Document categories
Drill results, Capital raise, Resource update
Extracted
2026-09-19 09:39:57 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Abasca Resources announced the completion of its 2025 winter drill program at the Key Lake South Project, which extended the Loki Flake Graphite Deposit and identified a new prospective northern trend with visual graphite mineralization. The company also announced a non-brokered private placement to raise up to $1.25 million to fund further exploration and environmental studies. This news follows a recently announced 11.31 Mt Inferred resource estimate for the Loki Deposit.

Reasoning: The company announced the completion of a winter drill program that visually confirmed extensions of the Loki Flake Graphite Deposit and identified a new prospective zone. While no assay results were provided, the visual confirmation and new target are positive. The capital raise provides funding for ongoing exploration. The resource estimate is entirely Inferred, which is typical for an early-stage project.

Positive factors

  • Successful drill program confirming extension of graphite mineralization
  • Discovery of a new prospective northern trend with significant visual graphite intersections
  • Capital raise to fund exploration activities and environmental studies

Negative factors

  • Drill results are visual only, no assays or grades reported for new intercepts
  • Resource estimate is entirely Inferred, indicating early stage of confidence

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

Facts used in scoring: 25

Classification and evidence

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A current resource fact retains the disclosed cut-off grade

Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

Drill Results (23)

KLS-25-053Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-053
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
197 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445815
Northing
6330186
CRS
NAD83, Zone 12N
Elevation
558 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-053”

Context: 197

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-054Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-054
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
247 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445757
Northing
6330108
CRS
NAD83, Zone 12N
Elevation
556 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-054”

Context: 247

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-055Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-055
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
284 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445701
Northing
6330028
CRS
NAD83, Zone 12N
Elevation
551 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-055”

Context: 284

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-056Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-056
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
233 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445897
Northing
6330133
CRS
NAD83, Zone 12N
Elevation
550 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-056”

Context: 233

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-057Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-057
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
230 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445844
Northing
6330061
CRS
NAD83, Zone 12N
Elevation
550 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-057”

Context: 230

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-058Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-058
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
296 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445782
Northing
6329968
CRS
NAD83, Zone 12N
Elevation
548 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-058”

Context: 296

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-059Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-059
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
165 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445981
Northing
6330077
CRS
NAD83, Zone 12N
Elevation
551 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-059”

Context: 165

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-060Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-060
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
315 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445868
Northing
6329920
CRS
NAD83, Zone 12N
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program with visual graphite mineralization, but no assay results or specific intercept length are provided.

Positive factors

  • Visual graphite mineralization observed

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-060”

Context: 315

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-061Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-061
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
222 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445920
Northing
6329995
CRS
NAD83, Zone 12N
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-061”

Context: 222

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-062Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-062
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
261 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445940
Northing
6329859
CRS
NAD83, Zone 12N
Elevation
543 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-062”

Context: 261

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-063Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-063
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
171 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445185
Northing
6330509
CRS
NAD83, Zone 12N
Elevation
547 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-063”

Context: 171

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-064Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-064
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
289 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445126
Northing
6330427
CRS
NAD83, Zone 12N
Elevation
548 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-064”

Context: 289

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-065Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-065
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
403 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445068
Northing
6330343
CRS
NAD83, Zone 12N
Elevation
549 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-065”

Context: 403

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-066Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-066
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
187 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445106
Northing
6330570
CRS
NAD83, Zone 12N
Elevation
542 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-066”

Context: 187

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-067Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-067
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
272 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445048
Northing
6330485
CRS
NAD83, Zone 12N
Elevation
545 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-067”

Context: 272

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-068Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-068
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
394 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
444990
Northing
6330404
CRS
NAD83, Zone 12N
Elevation
545 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-068”

Context: 394

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-069Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-069
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
291 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
444966
Northing
6330542
CRS
NAD83, Zone 12N
Elevation
552 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-069”

Context: 291

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-070Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-070
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
227 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445018
Northing
6330624
CRS
NAD83, Zone 12N
Elevation
549 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-070”

Context: 227

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-071Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-071
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
171 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445078
Northing
6330710
CRS
NAD83, Zone 12N
Elevation
552 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-071”

Context: 171

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-072Key Lake South · graphiteIntercept: 45 mView all details
Link to this fact

Identity

Hole ID
KLS-25-072
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Intercept
45 m
Hole Depth
429 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Location
north of the Loki Deposit
Easting
446137
Northing
6331163
CRS
NAD83, Zone 12N
Elevation
536 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: A significant visual graphite intersection of 45m was reported in a new prospective zone, indicating potential for expansion, but the lack of assay results reduces confidence.

Positive factors

  • Significant visual graphite intersection length
  • Identifies a new prospective zone parallel to the main deposit

Negative factors

  • No assay results reported, only visual estimate

Evidence · text

“Multiple graphite intersections, up to 45 m in length, were encountered within the hole and the graphite mineralization is visually similar to the Loki Deposit”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-073Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-073
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
248 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
445749
Northing
6330602
CRS
NAD83, Zone 12N
Elevation
553 m
Azimuth
215 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-073”

Context: 248

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-074Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-074
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
172 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
446062
Northing
6330016
CRS
NAD83, Zone 12N
Elevation
547 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-074”

Context: 172

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

KLS-25-075Key Lake SouthView all details
Link to this fact

Identity

Hole ID
KLS-25-075
Project
Key Lake South
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Hole Depth
221 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Easting
446003
Northing
6329937
CRS
NAD83, Zone 12N
Elevation
543 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QP Signed
Yes
QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: Collar data for a drill hole from the winter program, but no assay results are provided in the document.

Negative factors

  • No assay results reported

Evidence · table

“KLS-25-075”

Context: 221

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Resource Estimates (1)

inferredLoki Flake Graphite Deposit · graphiteTonnes: 11310000Grade: 7.65Grade Unit: % CgContained Metal: 0.86Contained Unit: mtView all details
Link to this fact

Identity

Project
Loki Flake Graphite Deposit
Commodity
graphite
Region
canada_sk
Reported Region
Saskatchewan
Ticker
ABA

Resource scope

Estimate type
resource
Effective date
2025-04-10T00:00:00.000Z
QP Signed
Yes
Qualified person names
Brian McEwan
Resource group id
resource:54beabd4b8887cac8cd3
Deposit or zone
Loki Flake Graphite Deposit
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
11310000
Grade
7.65
Grade Unit
% Cg
Contained Metal
0.86
Contained Unit
mt
Cutoff Grade
2.78
Cutoff Unit
% Cg

Prior Estimate

Resource Date
2025-04-15

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-22T00:00:00.000Z

Reasoning: The document references a recently announced maiden Inferred resource estimate for the Loki Flake Graphite Deposit, which provides a baseline but is of low confidence for economic studies due to its category.

Positive factors

  • Maiden resource estimate establishes a baseline for the project

Negative factors

  • Resource is entirely Inferred, indicating low confidence for economic studies

Evidence · text

“The results are really positive on the back of the 11.31 Mt inferred resource estimate at the Loki Flake Graphite Deposit that we announced on April 15 th , 2025.”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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: qp_signed is true

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.