Abasca Resources Announces Newly Discovered Thor Graphite Zone Parallel to its Loki Flake Graphite Deposit and Closing of the Final Tranche of Its Private Placement

Original announcement by tmx on

Company
Abasca Resources Inc.
Ticker
ABA
Exchange
TSX
Region
Saskatchewan
Primary commodity
Graphite
Secondary commodities
Sulfur
Document categories
Drill results, Capital raise, Resource update
Extracted
2026-09-19 09:31:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Abasca Resources announced the discovery of the new Thor Graphite Zone at its Key Lake South Project, with drill results including 27.0 m at 8.86 % Cg and 8.0 m at 13.38 % Cg. The company also closed the final tranche of its private placement, raising $1,000,000 for exploration activities. The project hosts an existing Inferred resource of 11.31 Mt at 7.65 % Cg at the Loki Flake Graphite Deposit.

Reasoning: The document reports significant high-grade graphite drill results from a newly discovered zone, which is a positive exploration outcome. The private placement provides funding for continued exploration. However, the lack of true width disclosure for drill intercepts and the early-stage (Inferred) nature of the existing resource temper the overall positive sentiment.

Positive factors

  • Discovery of a new graphite zone (Thor Zone) parallel to the existing Loki deposit, indicating potential for expansion.
  • High-grade graphite intercepts, including 27.0 m at 8.86 % Cg and 8.0 m at 13.38 % Cg, which are strong for graphite.
  • Comprehensive QA/QC disclosure, including accredited lab and standard practices, enhancing data reliability.
  • Successful closing of a private placement to fund exploration activities, demonstrating financial support for ongoing work.

Negative factors

  • Drill results are reported as downhole lengths only, with no true width provided, which may overstate actual thickness.
  • The resource estimate for the Loki Flake Graphite Deposit is entirely in the Inferred category, indicating early-stage confidence.

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

Facts used in scoring: 54

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drillholes were designed to test graphite mineralization along parallel conductors within 700 m to the northeast of the Loki Flake Graphite Deposit, confirming a new zone.

Evidence · text

“The drillholes were designed to test graphite mineralization along parallel conductors within 700 m to the northeast of the Loki Flake Graphite Deposit during the 2024 summer drill program. Assays confirm graphite mineralization along the parallel trend ("Thor Graphite Zone" or "Thor Zone"), which remains open along in all directions.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that all lengths are measured downhole and do not represent true thickness.

Evidence · table

“All lengths are as measured downhole and do not represent true thickness.”

Context: Table 2 : Drillholes and their composited graphite intersections.

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 that samples were sent to an independent, ISO/IEC 17025:2017 accredited lab and included blanks, standards, and repeats.

Evidence · text

“Collected samples were sent to SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan, an independent laboratory accredited under ISO/IEC 17025:2017 for preparation and ICP-MS multi-element analysis, boron by fusion as well as graphite content (% Cg) and total sulphur by LECO. Samples were collected in accordance with industry-standard quality assurance / quality control practices and included the insertion of blanks, standard reference materials, and repeats into the sample stream at regular intervals.”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the cut-off grade and maximum internal dilution used for composite intervals.

Evidence · table

“Composite intervals are calculated using a 3.0 % Cg cut-off and may include a maximum of 2.0 m internal dilution.”

Context: Table 2 : Drillholes and their composited graphite intersections.

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: The technical information has been reviewed and approved by Brian McEwan, P.Geo, a Qualified Person.

Evidence · text

“The technical information in this news release has been reviewed and approved by Brian McEwan, P.Geo, a Qualified Person as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.”

Inferred Resourcenegative

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

Why it applies: The Loki Flake Graphite Deposit comprises a total inferred resource.

Evidence · text

“KLS is also host to the Loki Flake Graphite Deposit comprising a total inferred resource of 11.31 Mt at 7.65 % Cg.”

All Inferrednegative

M&I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The Loki Flake Graphite Deposit is stated to comprise a total inferred resource, with no mention of measured or indicated categories.

Evidence · text

“KLS is also host to the Loki Flake Graphite Deposit comprising a total inferred resource of 11.31 Mt at 7.65 % Cg.”

Extracted facts

Stored fact records: 54. Some facts used in scoring do not have a stored record.

Drill Results (53)

KLS-24-042Key Lake South · graphiteGrade: 8.61Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
8.61
Grade Unit
%
Intercept
2 m
From
69.5 m
To
71.5 m
Hole Depth
444 m
Intercept Depth
69.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:69.5-71.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept represents a good grade for graphite in the newly discovered Thor Zone, contributing to the positive exploration outlook. The robust QA/QC procedures enhance confidence in the results.

Positive factors

  • High-grade graphite intercept (8.61% Cg) in a newly discovered zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“8.61”

Context: 2.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.01Grade Unit: %Intercept: 2 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.01
Grade Unit
%
Intercept
2 m
From
69.5 m
To
71.5 m
Hole Depth
444 m
Intercept Depth
69.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:69.5-71.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is very low, indicating minimal deleterious element presence, which is a neutral to slightly positive factor for graphite processing.

Evidence · table

“0.01”

Context: 2.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 10.7Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
10.7
Grade Unit
%
Intercept
0.5 m
From
70.5 m
To
71 m
Hole Depth
444 m
Intercept Depth
69.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:70.5-71
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Very high-grade graphite intercept (10.70% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“10.70”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 6.42Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
6.42
Grade Unit
%
Intercept
10 m
From
78 m
To
88 m
Hole Depth
444 m
Intercept Depth
78 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:78-88
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept is a material positive for the newly discovered Thor Zone due to its good grade and width. The QA/QC procedures are robust, increasing confidence in the reported values.

Positive factors

  • Strong graphite grade (6.42% Cg) over a significant width (10.0 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“6.42”

Context: 10.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.41Grade Unit: %Intercept: 10 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.41
Grade Unit
%
Intercept
10 m
From
78 m
To
88 m
Hole Depth
444 m
Intercept Depth
78 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:78-88
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.41”

Context: 10.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 13.39Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
13.39
Grade Unit
%
Intercept
0.5 m
From
78.5 m
To
79 m
Hole Depth
444 m
Intercept Depth
78 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:78.5-79
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (13.39% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“13.39”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 10.2Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
10.2
Grade Unit
%
Intercept
0.5 m
From
80.5 m
To
81 m
Hole Depth
444 m
Intercept Depth
78 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:80.5-81
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Very high-grade graphite intercept (10.20% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“10.20”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 10.5Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
10.5
Grade Unit
%
Intercept
0.5 m
From
84.5 m
To
85 m
Hole Depth
444 m
Intercept Depth
78 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:84.5-85
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Very high-grade graphite intercept (10.50% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“10.50”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 4.94Grade Unit: %Intercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
4.94
Grade Unit
%
Intercept
4.5 m
From
97.5 m
To
102 m
Hole Depth
444 m
Intercept Depth
97.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:97.5-102
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept contributes positively to the Thor Zone's potential, with a solid grade and moderate width. QA/QC procedures are well-documented.

Positive factors

  • Good graphite grade (4.94% Cg) over a moderate width (4.5 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“4.94”

Context: 4.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.55Grade Unit: %Intercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.55
Grade Unit
%
Intercept
4.5 m
From
97.5 m
To
102 m
Hole Depth
444 m
Intercept Depth
97.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:97.5-102
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.55”

Context: 4.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 4.57Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
4.57
Grade Unit
%
Intercept
7 m
From
105.5 m
To
112.5 m
Hole Depth
444 m
Intercept Depth
105.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:105.5-112.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept contributes positively to the Thor Zone's potential, with a solid grade and width. QA/QC procedures are well-documented.

Positive factors

  • Good graphite grade (4.57% Cg) over a significant width (7.0 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“4.57”

Context: 7.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.47Grade Unit: %Intercept: 7 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.47
Grade Unit
%
Intercept
7 m
From
105.5 m
To
112.5 m
Hole Depth
444 m
Intercept Depth
105.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:105.5-112.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.47”

Context: 7.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.57Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.57
Grade Unit
%
Intercept
0.5 m
From
121.5 m
To
122 m
Hole Depth
444 m
Intercept Depth
121.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:121.5-122
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.57% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“3.57”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.52Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.52
Grade Unit
%
Intercept
0.5 m
From
121.5 m
To
122 m
Hole Depth
444 m
Intercept Depth
121.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:121.5-122
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.52”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.33Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.33
Grade Unit
%
Intercept
6 m
From
127 m
To
133 m
Hole Depth
444 m
Intercept Depth
127 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:127-133
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off, contributing to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.33% Cg) over a good width (6.0 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.33”

Context: 6.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.64Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.64
Grade Unit
%
Intercept
6 m
From
127 m
To
133 m
Hole Depth
444 m
Intercept Depth
127 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:127-133
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.64”

Context: 6.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.44Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.44
Grade Unit
%
Intercept
1 m
From
151 m
To
152 m
Hole Depth
444 m
Intercept Depth
151 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:151-152
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.44% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Narrow intercept length (1.0m).

Evidence · table

“3.44”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.41Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.41
Grade Unit
%
Intercept
1 m
From
151 m
To
152 m
Hole Depth
444 m
Intercept Depth
151 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:151-152
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.41”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.28Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.28
Grade Unit
%
Intercept
0.5 m
From
163 m
To
163.5 m
Hole Depth
444 m
Intercept Depth
163 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:163-163.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.28% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“3.28”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.31Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.31
Grade Unit
%
Intercept
0.5 m
From
163 m
To
163.5 m
Hole Depth
444 m
Intercept Depth
163 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:163-163.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.31”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.17Grade Unit: %Intercept: 8.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.17
Grade Unit
%
Intercept
8.5 m
From
166 m
To
174.5 m
Hole Depth
444 m
Intercept Depth
166 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:166-174.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off, contributing to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.17% Cg) over a good width (8.5 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.17”

Context: 8.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.73Grade Unit: %Intercept: 8.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.73
Grade Unit
%
Intercept
8.5 m
From
166 m
To
174.5 m
Hole Depth
444 m
Intercept Depth
166 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:166-174.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.73”

Context: 8.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.05Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.05
Grade Unit
%
Intercept
4 m
From
181.5 m
To
185.5 m
Hole Depth
444 m
Intercept Depth
181.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:181.5-185.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off, contributing to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.05% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.05”

Context: 4.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.74Grade Unit: %Intercept: 4 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.74
Grade Unit
%
Intercept
4 m
From
181.5 m
To
185.5 m
Hole Depth
444 m
Intercept Depth
181.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:181.5-185.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.74”

Context: 4.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.21Grade Unit: %Intercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.21
Grade Unit
%
Intercept
6.5 m
From
189.5 m
To
196 m
Hole Depth
444 m
Intercept Depth
189.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:189.5-196
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off, contributing to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.21% Cg) over a good width (6.5 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.21”

Context: 6.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.65Grade Unit: %Intercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.65
Grade Unit
%
Intercept
6.5 m
From
189.5 m
To
196 m
Hole Depth
444 m
Intercept Depth
189.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:189.5-196
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.65”

Context: 6.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 2.94Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
2.94
Grade Unit
%
Intercept
11 m
From
201 m
To
212 m
Hole Depth
444 m
Intercept Depth
201 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:201-212
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept is notable for its width, but the grade is slightly below the stated cut-off, making it marginal. QA/QC procedures are robust.

Positive factors

  • Significant intercept length (11.0 m) in a newly discovered zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • Grade (2.94% Cg) is slightly below the stated 3.0% Cg cut-off, indicating marginal mineralization.
  • True width not disclosed, potentially overstating thickness.

Evidence · table

“2.94”

Context: 11.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.68Grade Unit: %Intercept: 11 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.68
Grade Unit
%
Intercept
11 m
From
201 m
To
212 m
Hole Depth
444 m
Intercept Depth
201 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:201-212
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.68”

Context: 11.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.11Grade Unit: %Intercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.11
Grade Unit
%
Intercept
4.5 m
From
217.5 m
To
222 m
Hole Depth
444 m
Intercept Depth
217.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:217.5-222
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off, contributing to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.11% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.11”

Context: 4.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.54Grade Unit: %Intercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.54
Grade Unit
%
Intercept
4.5 m
From
217.5 m
To
222 m
Hole Depth
444 m
Intercept Depth
217.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:217.5-222
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.54”

Context: 4.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · graphiteGrade: 3.95Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.95
Grade Unit
%
Intercept
1 m
From
225 m
To
226 m
Hole Depth
444 m
Intercept Depth
225 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:225-226
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.95% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Narrow intercept length (1.0m).

Evidence · table

“3.95”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-042Key Lake South · sulfurGrade: 0.41Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-042
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.41
Grade Unit
%
Intercept
1 m
From
225 m
To
226 m
Hole Depth
444 m
Intercept Depth
225 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-042:225-226
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445332
Northing
6331285
Elevation
568 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.41”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 8.86Grade Unit: %Intercept: 27 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
8.86
Grade Unit
%
Intercept
27 m
From
329 m
To
356 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:329-356
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This is a highly material intercept due to its exceptional grade and substantial width, significantly enhancing the prospectivity of the Thor Zone. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (8.86% Cg) over a very significant width (27.0 m), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“8.86”

Context: 27.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 1.7Grade Unit: %Intercept: 27 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
1.7
Grade Unit
%
Intercept
27 m
From
329 m
To
356 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:329-356
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“1.70”

Context: 27.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 10.1Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
10.1
Grade Unit
%
Intercept
0.5 m
From
330.5 m
To
331 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:330.5-331
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Very high-grade graphite intercept (10.10% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“10.10”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 12.8Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
12.8
Grade Unit
%
Intercept
0.5 m
From
331.5 m
To
332 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:331.5-332
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (12.80% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“12.80”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 13.2Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
13.2
Grade Unit
%
Intercept
1 m
From
334 m
To
335 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:334-335
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (13.20% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Narrow intercept length (1.0m).

Evidence · table

“13.20”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 11.9Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
11.9
Grade Unit
%
Intercept
0.5 m
From
335.5 m
To
336 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:335.5-336
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (11.90% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“11.90”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 11.1Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
11.1
Grade Unit
%
Intercept
1 m
From
337.5 m
To
338.5 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:337.5-338.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (11.10% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Narrow intercept length (1.0m).

Evidence · table

“11.10”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 10.9Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
10.9
Grade Unit
%
Intercept
0.5 m
From
339 m
To
339.5 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:339-339.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This very high-grade intercept is a strong positive, although its narrow width and lack of true thickness information temper its overall materiality. The QA/QC procedures are robust.

Positive factors

  • Very high-grade graphite intercept (10.90% Cg), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“10.90”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 13.38Grade Unit: %Intercept: 8 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
13.38
Grade Unit
%
Intercept
8 m
From
340 m
To
348 m
Hole Depth
468 m
Intercept Depth
329 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:340-348
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This is a highly material intercept due to its exceptional grade and significant width, strongly enhancing the prospectivity of the Thor Zone. The QA/QC procedures are robust.

Positive factors

  • Exceptional graphite grade (13.38% Cg) over a significant width (8.0 m), indicating a bonanza zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“13.38”

Context: 8.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 2.86Grade Unit: %Intercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
2.86
Grade Unit
%
Intercept
3.5 m
From
358.5 m
To
362 m
Hole Depth
468 m
Intercept Depth
358.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:358.5-362
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept is notable for its presence in the new zone, but the grade is slightly below the stated cut-off, making it marginal. QA/QC procedures are robust.

Positive factors

  • Moderate intercept length (3.5 m) in a newly discovered zone.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • Grade (2.86% Cg) is slightly below the stated 3.0% Cg cut-off, indicating marginal mineralization.
  • True width not disclosed, potentially overstating thickness.

Evidence · table

“2.86”

Context: 3.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 0.48Grade Unit: %Intercept: 3.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.48
Grade Unit
%
Intercept
3.5 m
From
358.5 m
To
362 m
Hole Depth
468 m
Intercept Depth
358.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:358.5-362
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.48”

Context: 3.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 3.15Grade Unit: %Intercept: 17 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.15
Grade Unit
%
Intercept
17 m
From
364.5 m
To
381.5 m
Hole Depth
468 m
Intercept Depth
364.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:364.5-381.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off over a substantial width, contributing positively to the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.15% Cg) over a very significant width (17.0 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.15”

Context: 17.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 0.75Grade Unit: %Intercept: 17 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.75
Grade Unit
%
Intercept
17 m
From
364.5 m
To
381.5 m
Hole Depth
468 m
Intercept Depth
364.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:364.5-381.5
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.75”

Context: 17.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 3.56Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.56
Grade Unit
%
Intercept
6 m
From
384 m
To
390 m
Hole Depth
468 m
Intercept Depth
384 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:384-390
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This intercept shows consistent graphite mineralization above the cut-off, contributing to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.56% Cg) over a good width (6.0 m).
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.

Evidence · table

“3.56”

Context: 6.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 0.93Grade Unit: %Intercept: 6 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.93
Grade Unit
%
Intercept
6 m
From
384 m
To
390 m
Hole Depth
468 m
Intercept Depth
384 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:384-390
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.93”

Context: 6.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 3.42Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.42
Grade Unit
%
Intercept
0.5 m
From
395.5 m
To
396 m
Hole Depth
468 m
Intercept Depth
395.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:395.5-396
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.42% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“3.42”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 0.91Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.91
Grade Unit
%
Intercept
0.5 m
From
395.5 m
To
396 m
Hole Depth
468 m
Intercept Depth
395.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:395.5-396
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.91”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 3.65Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
3.65
Grade Unit
%
Intercept
0.5 m
From
401.5 m
To
402 m
Hole Depth
468 m
Intercept Depth
401.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:401.5-402
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Moderate graphite grade (3.65% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Very narrow intercept length (0.5m).

Evidence · table

“3.65”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 0.86Grade Unit: %Intercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
0.86
Grade Unit
%
Intercept
0.5 m
From
401.5 m
To
402 m
Hole Depth
468 m
Intercept Depth
401.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:401.5-402
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“0.86”

Context: 0.50

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · graphiteGrade: 4.08Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
graphite
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
4.08
Grade Unit
%
Intercept
1 m
From
422 m
To
423 m
Hole Depth
468 m
Intercept Depth
422 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:422-423
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This narrow intercept shows good graphite mineralization above the cut-off, adding to the overall prospectivity of the Thor Zone. QA/QC is well-documented.

Positive factors

  • Good graphite grade (4.08% Cg) above cut-off.
  • Comprehensive QA/QC disclosure supports data reliability.

Negative factors

  • True width not disclosed, potentially overstating thickness.
  • Narrow intercept length (1.0m).

Evidence · table

“4.08”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

KLS-24-046Key Lake South · sulfurGrade: 1.32Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
KLS-24-046
Project
Key Lake South
Commodity
sulfur
Region
canada_sk
Reported Region
canada_sk
Ticker
ABA

Geometry

Grade
1.32
Grade Unit
%
Intercept
1 m
From
422 m
To
423 m
Hole Depth
468 m
Intercept Depth
422 m

Classification

Program
exploration
Sample Type
drill
Group ID
KLS-24-046:422-423
Mining Method
unknown

Location

Location
Thor Graphite Zone
Easting
445979
Northing
6330801
Elevation
544 m
Azimuth
35 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SRC Geoanalytical Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Compositing

Cutoff Grade
3
Cutoff Unit
% Cg
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: The sulfur grade is low, which is generally favorable for graphite processing, indicating minimal deleterious element presence.

Evidence · table

“1.32”

Context: 1.00

Tags used in scoring

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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 project possesses geological similarities and along strike of past Key Lake Mine with prospective conductors of over"

Resource Estimates (1)

inferredKey Lake South Project · graphiteTonnes: 11310000Grade: 7.65Grade Unit: % CgContained Metal: 0.86Contained Unit: mtHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Key Lake South Project
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
Resource group id
resource:a7d00952080bb6e45b4c
Deposit or zone
Loki Flake Graphite Deposit
Mining method
open_pit
Ownership percent
100 %
Resource basis
gross

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
Prior Tonnes
11310000
Prior Grade
7.65
Prior Contained Metal
0.86
Prior Cutoff Grade
2.78

Lab

Laboratory
SRC Geoanalytical Laboratories

Location

Loc. Confidence
inferred

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-05-30T00:00:00.000Z

Dates

Event date
2025-06-09T00:00:00.000Z

Reasoning: This fact is a restatement of a prior Inferred resource estimate, indicating low novelty. While the resource is of good grade and tonnage, its Inferred classification means it cannot be used for economic studies without further drilling. The NI 43-101 compliance and QP sign-off provide credibility.

Positive factors

  • The resource estimate is compliant with NI 43-101 standards and signed off by a Qualified Person.
  • The project is 100% owned, providing full control over development.

Negative factors

  • The resource is entirely in the Inferred category, indicating low geological confidence and early stage.
  • This is a restatement of a prior estimate, so it has low novelty.

Evidence · text

“KLS is also host to the Loki Flake Graphite Deposit comprising a total inferred resource of 11.31 Mt at 7.65 % Cg. Please refer to the Company's website or news release dated May 30, 2025 for further information about the resource estimate.”

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

NI 43-101 Compliantpositive

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.