# Abasca Resources Files NI 43-101 Technical Report on its Loki Flake Graphite Deposit Confirming Initial Resource Estimate Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/abasca-resources-files-ni-43-101-technical-report-on-its-loki-flake-graphite-dep--14dc56d3-bbf7-4c9f-8268-7b0d6cf15d98 Original source: https://money.tmx.com/en/quote/ABA/news/6104214400528122/abasca-resources-files-ni-43-101-technical-report-on-its-loki-flake-graphite-dep Publisher: tmx Original announcement: 2025-05-30T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Abasca Resources Inc. - Ticker: ABA - Exchange: TSX - Region: Saskatchewan, Canada - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-19 09:28:26 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Abasca Resources has released an initial NI 43-101 technical report confirming an inferred mineral resource of 11.31 Mt of graphite at 7.65% Cg at the Loki Flake Graphite Deposit in Saskatchewan. The estimate is pit-constrained and was prepared using data from 2024 drilling and 2016 re-sampled cores. Reasoning: The announcement of a maiden inferred resource for a critical mineral \(graphite\) with high grade and clear QA/QC protocols is a significant development for an exploration-stage company. - Positive factor: Maiden resource estimate established - Positive factor: High grade graphite \(7.65% Cg\) - Positive factor: QA/QC and lab accreditation disclosed - Positive factor: QP sign-off provided - Negative factor: 100% Inferred resource \(no M&I\) Facts used in scoring: 1 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The report confirms an 'initial mineral resource estimate' for the Loki Flake Graphite Deposit. Evidence · text > supports the initial mineral resource estimate \(the "MRE"\) for the Loki Flake Graphite Deposit **All Inferred** Polarity: negative Definition: M&I share below the weak bound — very early stage, no engineering confidence. Why it applies: The entire resource is classified as Inferred, with no Measured or Indicated components reported. Evidence · text > Total Inferred Resource : 11.31 Mt of Graphite **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The technical information was reviewed and approved by Brian McEwan, P.Geo, and Matthew Batty, P.Geo. Evidence · text > The technical information in this news release has been reviewed and approved by Brian McEwan, P.Geo, a Qualified Person **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The report was prepared in accordance with National Instrument 43-101. Evidence · text > prepared in accordance with National Instrument 43-101 \(NI 43-101\) **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The cut-off grade for the resource estimate is explicitly stated as 2.78 % Cg. Evidence · text > Cut-off Grade : 2.78 % Cg ## 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-files-ni-43-101-technical-report-on-its-loki-flake-graphite-dep--14dc56d3-bbf7-4c9f-8268-7b0d6cf15d98#fact-resource-facts-0) Key Lake South Project · graphite #### Identity - Project: Key Lake South Project - Commodity: graphite - Region: canada\_sk - Reported Region: Saskatchewan, Canada - Ticker: ABA #### Resource scope - Estimate type: resource - Effective date: 2025-04-10T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian McEwan, Matthew Batty - Resource group id: resource:576172358c75e5f5b235 - Deposit or zone: Loki Flake Graphite Deposit - Mining method: open\_pit - Material type: null - 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 #### Lab - Laboratory: SRC Geoanalytical Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-05-30T00:00:00.000Z Reasoning: Initial resource estimate for a critical mineral with high grade. - Positive factor: High grade for graphite - Positive factor: Maiden resource - Negative factor: Only inferred category Evidence · table > 7.65 Context: 11.31 #### 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.