# Abasca Resources Engages Tetra Tech to Complete Preliminary Economic Assessment for the Loki Flake Graphite Deposit

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/abasca-resources-engages-tetra-tech-to-complete-preliminary-economic-assessment--e94ced1c-8aa9-4bd3-9f29-7bccaefaa47f

Original source: https://money.tmx.com/en/quote/ABA/news/5720560017907346/abasca-resources-engages-tetra-tech-to-complete-preliminary-economic-assessment-

Publisher: tmx

Original announcement: 2026-05-26T11:00:00.000Z

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: Uranium

- Document categories: Economic study, Resource update

- Extracted: 2026-09-19 07:16:51 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Abasca Resources has engaged Tetra Tech to conduct a Preliminary Economic Assessment \(PEA\) for the Loki Flake Graphite Deposit in Saskatchewan. The study will incorporate an updated Mineral Resource Estimate that reflects a significant strike length extension to 1,400 metres achieved through recent drilling.

Reasoning: The announcement marks a significant transition from exploration to economic evaluation \(PEA\) for the Loki graphite deposit, supported by substantial strike length extension.

- Positive factor: Engagement of Tetra Tech to advance project to PEA stage

- Positive factor: Significant strike length extension from 500m to 1,400m

- Positive factor: Proximity to existing Key Lake mill infrastructure

- Positive factor: Inclusion of recent 2025/2026 drilling in upcoming MRE

Facts used in scoring: 2

## Classification and evidence

**PEA Only**

Polarity: neutral

Definition: Only Class 4 / Initial Assessment economics available. Not bankable.

Why it applies: The company has engaged Tetra Tech specifically to complete a Preliminary Economic Assessment.

Evidence · text

> engaged Tetra Tech Canada Inc. \("Tetra Tech"\) to complete a Preliminary Economic Assessment \(" PEA "\)

**Inferred Resource**

Polarity: negative

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

Why it applies: The current resource for the Loki deposit is stated as entirely inferred.

Evidence · text

> comprising a total inferred resource of 11.31 Mt at 7.65 % Cg

**Step-Out Extension**

Polarity: positive

Story-specific tag

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling has extended the delineated strike length from 500m to 1,400m.

Evidence · text

> extended the delineated strike length of the Loki Deposit from 500 metres to approximately 1,400 metres

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/abasca-resources-engages-tetra-tech-to-complete-preliminary-economic-assessment--e94ced1c-8aa9-4bd3-9f29-7bccaefaa47f#fact-resource-facts-0)

Loki Flake Graphite Deposit · graphite

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Loki Flake Graphite Deposit
- Commodity: graphite
- Region: canada\_sk
- Reported Region: Saskatchewan
- Ticker: ABA

#### Resource scope

- Estimate type: resource
- Resource group id: resource:7b77fdad58368992f8ab
- Deposit or zone: Loki Flake Graphite

#### Resource Data

- Category: inferred
- Tonnes: 11310000
- Grade: 7.65
- Grade Unit: % Cg

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-05-29T00:00:00.000Z

#### Dates

- Event date: 2026-05-26T00:00:00.000Z

Reasoning: This is a restatement of the maiden resource from the May 2025 technical report.

- Negative factor: Entirely inferred category

Evidence · text

> comprising a total inferred resource of 11.31 Mt at 7.65 % Cg

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## 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.
