# Abasca Resources Announces Maiden Graphite Resource at its Loki Flake Graphite Deposit Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/abasca-resources-announces-maiden-graphite-resource-at-its-loki-flake-graphite-d--35d20d11-101d-4466-b605-6eec51aa595c Original source: https://money.tmx.com/en/quote/ABA/news/6548159667643045/abasca-resources-announces-maiden-graphite-resource-at-its-loki-flake-graphite-d Publisher: tmx Original announcement: 2025-04-15T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Abasca Resources Inc. - Ticker: ABA - Exchange: TSX - Region: Saskatchewan - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-09-19 09:36:55 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Abasca Resources has announced its maiden mineral resource estimate for the Loki Flake Graphite Deposit in Saskatchewan. The resource consists of 11.31 Mt of Inferred graphite at an average grade of 7.65% Cg, containing 0.86 Mt of graphite. Reasoning: The announcement of a maiden graphite resource of 11.31 Mt at 7.65% Cg is a significant milestone for the company, providing a geological foundation for the Loki Deposit, though it remains entirely in the Inferred category. - Positive factor: Maiden resource establishment - Positive factor: High grade \(7.65% Cg\) - Positive factor: NI 43-101 compliant with QP sign-off - Positive factor: Accredited laboratory used - Positive factor: QA/QC protocols disclosed - Negative factor: 100% Inferred category Facts used in scoring: 1 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The release explicitly announces a 'maiden mineral resource estimate' for the Loki Flake Graphite Deposit. Evidence · text > maiden mineral resource estimate **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The entire resource is classified as Inferred. Evidence · text > Total Inferred Resource : 11.31 Mt of Graphite at an average grade of 7.65 % Cg **QP/CP Signed** Polarity: positive Definition: 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 Brian McEwan, P.Geo, and Matthew Batty, P.Geo. Evidence · text > The technical information in this news release has been reviewed and approved by Brian McEwan, P.Geo, a Qualified Person **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The MRE was completed in accordance with NI-43-101 guidelines. Evidence · text > completed by Understood Mineral Resources \(UMR\) in accordance with NI-43-101 guidelines **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release details the use of blanks, standards, and repeats, and mentions an accredited laboratory. Evidence · text > included the insertion of blanks, standard reference materials, and repeats into the sample stream **Cut-off Disclosed** Polarity: positive Definition: 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: 1. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-maiden-graphite-resource-at-its-loki-flake-graphite-d--35d20d11-101d-4466-b605-6eec51aa595c#fact-resource-facts-0) Loki Flake Graphite Deposit · graphite #### 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 - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian McEwan, Matthew Batty - 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: 2025-04-10 #### Lab - Laboratory: SRC Geoanalytical Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-04-15T00:00:00.000Z Reasoning: First resource estimate for the project with strong grade and tonnage, though geological confidence is limited to Inferred. - Positive factor: Maiden resource - Positive factor: High grade - Negative factor: Inferred category only Evidence · table > 11.31 Context: 2.78 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## 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.