# 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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18

Original source: https://money.tmx.com/en/quote/ABA/news/7829629119746880/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l

Publisher: tmx

Original announcement: 2025-06-09T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Abasca Resources Inc.

- Ticker: ABA

- Exchange: TSX

- Region: Saskatchewan

- Primary commodity: Graphite

- Secondary commodities: Sulfur

- Document categories: Drill results, Capital raise, Resource update

- Extracted: 2026-09-19 09:31:26 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas 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 factor: Discovery of a new graphite zone \(Thor Zone\) parallel to the existing Loki deposit, indicating potential for expansion.

- Positive factor: 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.

- Positive factor: Comprehensive QA/QC disclosure, including accredited lab and standard practices, enhancing data reliability.

- Positive factor: Successful closing of a private placement to fund exploration activities, demonstrating financial support for ongoing work.

- Negative factor: Drill results are reported as downhole lengths only, with no true width provided, which may overstate actual thickness.

- Negative factor: 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 Extension**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Transparent**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

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

Why it applies: The technical information 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 Resource**

Polarity: negative

Definition: 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 Inferred**

Polarity: negative

Definition: M&amp;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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-1)

Key Lake South · graphite

#### 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 factor: High-grade graphite intercept \(8.61% Cg\) in a newly discovered zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 8.61

Context: 2.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-2)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-3)

Key Lake South · graphite

#### 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 factor: Very high-grade graphite intercept \(10.70% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 10.70

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-4)

Key Lake South · graphite

#### 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 factor: Strong graphite grade \(6.42% Cg\) over a significant width \(10.0 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 6.42

Context: 10.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-5)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-6)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(13.39% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 13.39

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-7)

Key Lake South · graphite

#### 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 factor: Very high-grade graphite intercept \(10.20% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 10.20

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-8)

Key Lake South · graphite

#### 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 factor: Very high-grade graphite intercept \(10.50% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 10.50

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-9)

Key Lake South · graphite

#### 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 factor: Good graphite grade \(4.94% Cg\) over a moderate width \(4.5 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 4.94

Context: 4.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-10)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-11)

Key Lake South · graphite

#### 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 factor: Good graphite grade \(4.57% Cg\) over a significant width \(7.0 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 4.57

Context: 7.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-12)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-13)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.57% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 3.57

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-14)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-15)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.33% Cg\) over a good width \(6.0 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.33

Context: 6.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-16)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-17)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.44% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Narrow intercept length \(1.0m\).

Evidence · table

> 3.44

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-18)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-19)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.28% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 3.28

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-20)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-21)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.17% Cg\) over a good width \(8.5 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.17

Context: 8.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-22)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-23)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.05% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.05

Context: 4.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-24)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-25)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.21% Cg\) over a good width \(6.5 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.21

Context: 6.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-26)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-27)

Key Lake South · graphite

#### 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 factor: Significant intercept length \(11.0 m\) in a newly discovered zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: Grade \(2.94% Cg\) is slightly below the stated 3.0% Cg cut-off, indicating marginal mineralization.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 2.94

Context: 11.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-28)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-29)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.11% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.11

Context: 4.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-30)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-31)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.95% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Narrow intercept length \(1.0m\).

Evidence · table

> 3.95

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-042

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-32)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-33)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(8.86% Cg\) over a very significant width \(27.0 m\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 8.86

Context: 27.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-34)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-35)

Key Lake South · graphite

#### 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 factor: Very high-grade graphite intercept \(10.10% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 10.10

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-36)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(12.80% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 12.80

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-37)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(13.20% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Narrow intercept length \(1.0m\).

Evidence · table

> 13.20

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-38)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(11.90% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 11.90

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-39)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(11.10% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Narrow intercept length \(1.0m\).

Evidence · table

> 11.10

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-40)

Key Lake South · graphite

#### 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 factor: Very high-grade graphite intercept \(10.90% Cg\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 10.90

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-41)

Key Lake South · graphite

#### 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 factor: Exceptional graphite grade \(13.38% Cg\) over a significant width \(8.0 m\), indicating a bonanza zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 13.38

Context: 8.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-42)

Key Lake South · graphite

#### 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 factor: Moderate intercept length \(3.5 m\) in a newly discovered zone.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: Grade \(2.86% Cg\) is slightly below the stated 3.0% Cg cut-off, indicating marginal mineralization.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 2.86

Context: 3.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-43)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-44)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.15% Cg\) over a very significant width \(17.0 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.15

Context: 17.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-45)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-46)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.56% Cg\) over a good width \(6.0 m\).

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

Evidence · table

> 3.56

Context: 6.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-47)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-48)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.42% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 3.42

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-49)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-50)

Key Lake South · graphite

#### 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 factor: Moderate graphite grade \(3.65% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Very narrow intercept length \(0.5m\).

Evidence · table

> 3.65

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-51)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-52)

Key Lake South · graphite

#### 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 factor: Good graphite grade \(4.08% Cg\) above cut-off.

- Positive factor: Comprehensive QA/QC disclosure supports data reliability.

- Negative factor: True width not disclosed, potentially overstating thickness.

- Negative factor: Narrow intercept length \(1.0m\).

Evidence · table

> 4.08

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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-24-046

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-drill-facts-53)

Key Lake South · sulfur

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-announces-newly-discovered-thor-graphite-zone-parallel-to-its-l--efcc4490-4bb6-4eca-b26b-7ead03c34e18#fact-resource-facts-0)

Key Lake South Project · graphite

Historical result

Needs review: historical\_restatement

#### 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 factor: The resource estimate is compliant with NI 43-101 standards and signed off by a Qualified Person.

- Positive factor: The project is 100% owned, providing full control over development.

- Negative factor: The resource is entirely in the Inferred category, indicating low geological confidence and early stage.

- Negative factor: 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 Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

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

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
