# Aftermath Silver Completes Final Payment for the Berenguela Silver-Copper-Manganese Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98 Original source: https://money.tmx.com/en/quote/AAG/news/4732443655319199/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan Publisher: tmx Original announcement: 2025-11-24T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Aftermath Silver Ltd. - Ticker: AAG - Exchange: TSX - Region: Unavailable - Primary commodity: Silver - Secondary commodities: Copper, Manganese, Zinc - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-19 09:05:43 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Aftermath Silver has completed the final US$1.55 million payment to acquire 100% ownership of the Berenguela silver-copper-manganese project. As part of the deal, SSR Mining waived the requirement for a Pre-Feasibility Study by November 2025. The project contains a mineral resource of 40.18 Mt at 78 g/t AgEq as of January 2023. Reasoning: The company has successfully closed the acquisition of the Berenguela project, securing full ownership and a discount on the final payment, while also gaining flexibility on study timelines. - Positive factor: Completion of acquisition for 100% ownership - Positive factor: Early payment discount secured - Positive factor: Waiver of PFS filing obligation - Positive factor: Significant mineral resource disclosed Facts used in scoring: 16 ## Classification and evidence **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: Dinara Nussipakynova, P.Geo. is named as the Qualified Person for the resource estimate. Evidence · text > The Qualified Person is Dinara Nussipakynova, P.Geo., of AMC Mining Consultants \(Canada\) Ltd. **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 resource is reported at a cut-off grade of 80 g/t AgEq. Evidence · text > Mineral Resources are stated at a cut‐off grade of 80 g/t silver equivalent \(AgEq\) **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource estimate includes a significant Inferred component. Evidence · text > Inferred ## Extracted facts Stored fact records: 15. Some facts used in scoring do not have a stored record. ## Resource Estimates (15) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-1) Berenguela · silver #### Identity - Project: Berenguela - Commodity: silver - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:8aaa0dfcb846bc0ad088 - Mining method: open\_pit #### Resource Data - Category: measured - Tonnes: 6152000 - Grade: 101 - Grade Unit: g/t - Contained Metal: 20 - Contained Unit: moz - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Measured component of the resource. Evidence · table > 101 Context: 6.152 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-2) Berenguela · manganese #### Identity - Project: Berenguela - Commodity: manganese - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:8aaa0dfcb846bc0ad088 - Mining method: open\_pit #### Resource Data - Category: measured - Tonnes: 6152000 - Grade: 8.89 - Grade Unit: % - Contained Metal: 0.55 - Contained Unit: mt - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Measured component of the resource. Evidence · table > 8.89 Context: 6.152 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-3) Berenguela · copper #### Identity - Project: Berenguela - Commodity: copper - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:8aaa0dfcb846bc0ad088 - Mining method: open\_pit #### Resource Data - Category: measured - Tonnes: 6152000 - Grade: 0.85 - Grade Unit: % - Contained Metal: 115.3 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Measured component of the resource. Evidence · table > 0.85 Context: 6.152 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-4) Berenguela · zinc #### Identity - Project: Berenguela - Commodity: zinc - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:8aaa0dfcb846bc0ad088 - Mining method: open\_pit #### Resource Data - Category: measured - Tonnes: 6152000 - Grade: 0.3 - Grade Unit: % - Contained Metal: 41.2 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Measured component of the resource. Evidence · table > 0.30 Context: 6.152 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-5) Berenguela · silver #### Identity - Project: Berenguela - Commodity: silver - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:48103d93577211ab4733 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 34024000 - Grade: 74 - Grade Unit: g/t - Contained Metal: 81.2 - Contained Unit: moz - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. Evidence · table > 74 Context: 34.024 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-6) Berenguela · manganese #### Identity - Project: Berenguela - Commodity: manganese - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:48103d93577211ab4733 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 34024000 - Grade: 5.6 - Grade Unit: % - Contained Metal: 1.9 - Contained Unit: mt - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. Evidence · table > 5.60 Context: 34.024 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-7) Berenguela · copper #### Identity - Project: Berenguela - Commodity: copper - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:48103d93577211ab4733 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 34024000 - Grade: 0.63 - Grade Unit: % - Contained Metal: 473.7 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. Evidence · table > 0.63 Context: 34.024 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-8) Berenguela · zinc #### Identity - Project: Berenguela - Commodity: zinc - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:48103d93577211ab4733 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 34024000 - Grade: 0.34 - Grade Unit: % - Contained Metal: 258.1 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. Evidence · table > 0.34 Context: 34.024 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-9) Berenguela · silver #### Identity - Project: Berenguela - Commodity: silver - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:f2645d3af8334a93ab14 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 22287000 - Grade: 54 - Grade Unit: g/t - Contained Metal: 38.8 - Contained Unit: moz - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Inferred component of the resource. Evidence · table > 54 Context: 22.287 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-10) Berenguela · manganese #### Identity - Project: Berenguela - Commodity: manganese - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:f2645d3af8334a93ab14 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 22287000 - Grade: 3.57 - Grade Unit: % - Contained Metal: 0.8 - Contained Unit: mt - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Inferred component of the resource. Evidence · table > 3.57 Context: 22.287 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-11) Berenguela · copper #### Identity - Project: Berenguela - Commodity: copper - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:f2645d3af8334a93ab14 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 22287000 - Grade: 0.42 - Grade Unit: % - Contained Metal: 204.3 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Inferred component of the resource. Evidence · table > 0.42 Context: 22.287 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-12) Berenguela · zinc #### Identity - Project: Berenguela - Commodity: zinc - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:f2645d3af8334a93ab14 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 22287000 - Grade: 0.25 - Grade Unit: % - Contained Metal: 122.8 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Inferred component of the resource. Evidence · table > 0.25 Context: 22.287 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-13) Berenguela · silver #### Identity - Project: Berenguela - Commodity: silver - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:acf4442dc9db72db66ea - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 40176000 - Grade: 78 - Grade Unit: g/t - Contained Metal: 101.2 - Contained Unit: moz - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 78 Context: 40.176 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-14) Berenguela · copper #### Identity - Project: Berenguela - Commodity: copper - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:acf4442dc9db72db66ea - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 40176000 - Grade: 0.67 - Grade Unit: % - Contained Metal: 589 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.67 Context: 40.176 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/aftermath-silver-completes-final-payment-for-the-berenguela-silver-copper-mangan--ae6b77de-9162-44ec-bff3-55ce944d7e98#fact-resource-facts-15) Berenguela · zinc #### Identity - Project: Berenguela - Commodity: zinc - Ticker: AAG #### Resource scope - Estimate type: resource - Effective date: 2023-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Dinara Nussipakynova - Resource group id: resource:acf4442dc9db72db66ea - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 40176000 - Grade: 0.34 - Grade Unit: % - Contained Metal: 299.3 - Contained Unit: mlb - Cutoff Grade: 80 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2023-01-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-11-24T00:00:00.000Z Reasoning: Indicated component of the resource. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.34 Context: 40.176 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.8 years before this release ## 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.