Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2025
Original announcement by tmx on
- Company
- Alamos Gold Inc.
- Ticker
- AGI
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update
- Extracted
- 2026-09-13 11:12:39 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Alamos Gold reported a significant 32% increase in global Proven and Probable gold reserves to 15.9 million ounces, with grades also increasing by 5% to 1.87 g/t Au, as of December 31, 2025. This growth was largely driven by a 125% increase in high-grade reserves at Island Gold and a 56% increase at Magino, reflecting successful conversion of resources to reserves. Global Measured and Indicated resources also grew by 6% to 5.5 million ounces, while Inferred resources decreased by 63% due to these conversions.
Reasoning: Alamos Gold reported a substantial 32% increase in global Proven and Probable gold reserves to 15.9 million ounces, accompanied by a 5% increase in overall grades, primarily driven by a 125% growth in high-grade reserves at Island Gold. This significant growth, coupled with successful resource conversion and an increased exploration budget, indicates strong operational performance and future potential, despite a decrease in Inferred resources due to conversion.
Positive factors
- Global Proven and Probable gold reserves increased significantly by 32% to 15.9 million ounces, with overall grades increasing by 5% to 1.87 g/t Au.
- Island Gold's high-grade Mineral Reserves more than doubled, increasing 125% to 5.1 million ounces at 10.61 g/t Au, driven by successful resource conversion.
- Magino's Mineral Reserves increased 56% to 3.1 million ounces, primarily due to successful resource conversion.
- Global Measured and Indicated Mineral Resources increased 6% to 5.5 million ounces, with slightly higher grades, indicating growth and de-risking.
- Successful conversion of Inferred Mineral Resources to higher confidence categories (M&I and Reserves) at Island Gold and Magino.
- The company increased its gold price assumptions for estimates, reflecting a stronger market environment.
- A record global exploration budget of $97 million is planned for 2026, indicating strong future growth potential.
Negative factors
- Global Inferred Mineral Resources decreased by 63% to 2.0 million ounces, with grades decreasing by 37%, reflecting conversion but also a reduction in the lowest confidence category.
- Mulatos Mineral Reserves decreased by 14% due to depletion at La Yaqui Grande.
- The cut-off grade for La Yaqui Grande reserves is described as a 'net of process value' rather than a simple grade, which reduces transparency for direct comparison.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 110
Extracted facts
Stored fact records: 110. Some facts used in scoring do not have a stored record.
Resource Estimates (110)
probableIsland Gold · goldTonnes: 15072000Grade: 10.61Grade Unit: g/tContained Metal: 5141000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:889d2918d632b70ae7ba
Resource Data
- Category
- probable
- Tonnes
- 15072000
- Grade
- 10.61
- Grade Unit
- g/t
- Contained Metal
- 5141000
- Contained Unit
- oz
- Cutoff Grade
- 3.78
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 6232000
- Prior Grade
- 11.4
- Prior Contained Metal
- 2285000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Proven and Probable gold reserves saw exceptional growth, increasing 125% in contained metal and 142% in tonnage, despite a slight decrease in grade, reflecting successful resource conversion and expansion.
Positive factors
- Proven and Probable reserves increased by 125% to 5.141 million ounces, indicating significant growth and de-risking.
- The contained metal increased by 125% from 2.285 million ounces to 5.141 million ounces.
- The tonnage increased by 142% from 6.232 million tonnes to 15.072 million tonnes.
Negative factors
- The grade decreased by 7% from 11.40 g/t Au to 10.61 g/t Au.
Evidence · table
“10.61”
Context: 15,072
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 15072000 against 6232000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 10.61 against 11.4 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 5141000 against 2285000 previously
probableMagino · goldTonnes: 113141000Grade: 0.86Grade Unit: g/tContained Metal: 3141000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:dcd097ca402b87cc3f69
Resource Data
- Category
- probable
- Tonnes
- 113141000
- Grade
- 0.86
- Grade Unit
- g/t
- Contained Metal
- 3141000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 68400000
- Prior Grade
- 0.91
- Prior Contained Metal
- 2008000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Proven and Probable gold reserves showed strong growth, with a 56% increase in contained metal and 65% in tonnage, despite a slight grade decrease, primarily due to successful resource conversion.
Positive factors
- Proven and Probable reserves increased by 56% to 3.141 million ounces, indicating significant growth.
- The contained metal increased by 56% from 2.008 million ounces to 3.141 million ounces.
- The tonnage increased by 65% from 68.400 million tonnes to 113.141 million tonnes.
Negative factors
- The grade decreased by 5% from 0.91 g/t Au to 0.86 g/t Au.
Evidence · table
“0.86”
Context: 113,141
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 113141000 against 68400000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.86 against 0.91 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 3141000 against 2008000 previously
probableTotal Island Gold District · goldTonnes: 128212000Grade: 2.01Grade Unit: g/tContained Metal: 8282000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:da4a8b4ba2d211f87c84
Resource Data
- Category
- probable
- Tonnes
- 128212000
- Grade
- 2.01
- Grade Unit
- g/t
- Contained Metal
- 8282000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 74632000
- Prior Grade
- 1.79
- Prior Contained Metal
- 4293000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Proven and Probable gold reserves demonstrated exceptional growth, with a 93% increase in contained metal and a 12% increase in grade, highlighting the district's strong potential.
Positive factors
- Total Island Gold District Proven and Probable reserves increased by 93% to 8.282 million ounces, indicating significant overall growth.
- The contained metal increased by 93% from 4.293 million ounces to 8.282 million ounces.
- The tonnage increased by 72% from 74.632 million tonnes to 128.212 million tonnes.
- The grade increased by 12% from 1.79 g/t Au to 2.01 g/t Au.
Evidence · table
“2.01”
Context: 128,212
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 128212000 against 74632000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 2.01 against 1.79 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 8282000 against 4293000 previously
probableYoung-Davidson · goldTonnes: 42184000Grade: 2.2Grade Unit: g/tContained Metal: 2983000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:758d695657d705dc3b29
Resource Data
- Category
- probable
- Tonnes
- 42184000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 2983000
- Contained Unit
- oz
- Cutoff Grade
- 1.57
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 41756000
- Prior Grade
- 2.26
- Prior Contained Metal
- 3030000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson's Proven and Probable gold reserves remained largely stable, with a minor decrease in contained metal and grade, offset by a slight increase in tonnage.
Positive factors
- Tonnage increased slightly by 1% from 41.756 million tonnes to 42.184 million tonnes.
Negative factors
- Contained metal decreased by 2% from 3.030 million ounces to 2.983 million ounces.
- Grade decreased by 3% from 2.26 g/t Au to 2.20 g/t Au.
Evidence · table
“2.20”
Context: 42,184
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 2983000 against 3030000 previously
Dilutive Growthnegative
Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
Why it applies: tonnage rose while contained metal went 2983000 from 3030000
probableLa Yaqui Grande · goldTonnes: 3293000Grade: 1.35Grade Unit: g/tContained Metal: 143000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:640c9129eb74d14c7b70
Resource Data
- Category
- probable
- Tonnes
- 3293000
- Grade
- 1.35
- Grade Unit
- g/t
- Contained Metal
- 143000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 7710000
- Prior Grade
- 1.34
- Prior Contained Metal
- 331000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Proven and Probable gold reserves experienced a substantial 57% decrease in contained metal and tonnage, primarily due to depletion, despite a minor grade increase. The non-standard cut-off grade also adds a layer of complexity.
Positive factors
- The grade increased slightly by 1% from 1.34 g/t Au to 1.35 g/t Au.
Negative factors
- Proven and Probable reserves decreased by 57% to 0.143 million ounces, indicating significant depletion.
- The contained metal decreased by 57% from 0.331 million ounces to 0.143 million ounces.
- The tonnage decreased by 57% from 7.710 million tonnes to 3.293 million tonnes.
- The reserve cut-off grade is determined as a 'net of process value' rather than a simple grade, which reduces transparency.
Evidence · table
“1.35”
Context: 3,293
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 3293000 against 7710000 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 143000 against 331000 previously
probablePuerto Del Aire · goldTonnes: 6050000Grade: 5.45Grade Unit: g/tContained Metal: 1060000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:41841b3fde4c1e56bed4
Resource Data
- Category
- probable
- Tonnes
- 6050000
- Grade
- 5.45
- Grade Unit
- g/t
- Contained Metal
- 1060000
- Contained Unit
- oz
- Cutoff Grade
- 3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 6050000
- Prior Grade
- 5.45
- Prior Contained Metal
- 1060000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Proven and Probable gold reserves remained unchanged from the prior year, indicating no new additions or depletion reported in this update.
Evidence · table
“5.45”
Context: 6,050
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTotal Mulatos · goldTonnes: 9343000Grade: 4Grade Unit: g/tContained Metal: 1203000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:43c38aaa4ce19d3e9d7f
Resource Data
- Category
- probable
- Tonnes
- 9343000
- Grade
- 4
- Grade Unit
- g/t
- Contained Metal
- 1203000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 13760000
- Prior Grade
- 3.14
- Prior Contained Metal
- 1391000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos Proven and Probable gold reserves saw a decrease in contained metal and tonnage, primarily due to depletion, despite a notable increase in average grade.
Positive factors
- The grade increased significantly by 27% from 3.14 g/t Au to 4.00 g/t Au.
Negative factors
- Total Mulatos Proven and Probable reserves decreased by 14% to 1.203 million ounces.
- The contained metal decreased by 14% from 1.391 million ounces to 1.203 million ounces.
- The tonnage decreased by 32% from 13.760 million tonnes to 9.343 million tonnes.
Evidence · table
“4.00”
Context: 9,343
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 9343000 against 13760000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 4 against 3.14 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1203000 against 1391000 previously
probableMacLellan · goldTonnes: 41158000Grade: 1.31Grade Unit: g/tContained Metal: 1732000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:0805d9ed9693a22b2904
Resource Data
- Category
- probable
- Tonnes
- 41158000
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 1732000
- Contained Unit
- oz
- Cutoff Grade
- 0.33
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 39379000
- Prior Grade
- 1.35
- Prior Contained Metal
- 1711000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Proven and Probable gold reserves showed minor growth in contained metal and tonnage, with a slight decrease in grade, indicating relative stability.
Positive factors
- Contained metal increased slightly by 1% from 1.711 million ounces to 1.732 million ounces.
- Tonnage increased by 5% from 39.379 million tonnes to 41.158 million tonnes.
Negative factors
- Grade decreased by 3% from 1.35 g/t Au to 1.31 g/t Au.
Evidence · table
“1.31”
Context: 41,158
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Dilutive Growthnegative
Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
Why it applies: tonnage rose while contained metal went 1732000 from 1711000
probableGordon · goldTonnes: 10440000Grade: 2.02Grade Unit: g/tContained Metal: 679000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gordon
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:c7303b6b61c65cf54a28
Resource Data
- Category
- probable
- Tonnes
- 10440000
- Grade
- 2.02
- Grade Unit
- g/t
- Contained Metal
- 679000
- Contained Unit
- oz
- Cutoff Grade
- 0.45
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 10006000
- Prior Grade
- 2.09
- Prior Contained Metal
- 671000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Gordon's Proven and Probable gold reserves showed minor growth in contained metal and tonnage, with a slight decrease in grade, indicating relative stability.
Positive factors
- Contained metal increased slightly by 1% from 0.671 million ounces to 0.679 million ounces.
- Tonnage increased by 4% from 10.006 million tonnes to 10.440 million tonnes.
Negative factors
- Grade decreased by 3% from 2.09 g/t Au to 2.02 g/t Au.
Evidence · table
“2.02”
Context: 10,440
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Dilutive Growthnegative
Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
Why it applies: tonnage rose while contained metal went 679000 from 671000
probableBurnt Timber · goldTonnes: 13934000Grade: 1Grade Unit: g/tContained Metal: 449000Contained Unit: ozView all detailsHide details
Identity
- Project
- Burnt Timber
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:20fbc67564eb326baa1b
Resource Data
- Category
- probable
- Tonnes
- 13934000
- Grade
- 1
- Grade Unit
- g/t
- Contained Metal
- 449000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 14352000
- Prior Grade
- 1.02
- Prior Contained Metal
- 469000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Burnt Timber's Proven and Probable gold reserves saw a minor decrease in contained metal, tonnage, and grade, indicating a slight reduction in the estimate.
Negative factors
- Contained metal decreased by 4% from 0.469 million ounces to 0.449 million ounces.
- Tonnage decreased by 3% from 14.352 million tonnes to 13.934 million tonnes.
- Grade decreased by 1% from 1.02 g/t Au to 1.00 g/t Au.
Evidence · table
“1.00”
Context: 13,934
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 13934000 against 14352000 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 449000 against 469000 previously
probableLinkwood · goldTonnes: 19906000Grade: 0.9Grade Unit: g/tContained Metal: 576000Contained Unit: ozView all detailsHide details
Identity
- Project
- Linkwood
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:ac10ce7dea44f61b1563
Resource Data
- Category
- probable
- Tonnes
- 19906000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 576000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 16318000
- Prior Grade
- 0.9
- Prior Contained Metal
- 472000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Linkwood's Proven and Probable gold reserves showed moderate growth, with a 22% increase in contained metal and tonnage, while maintaining its grade.
Positive factors
- Contained metal increased by 22% from 0.472 million ounces to 0.576 million ounces.
- Tonnage increased by 22% from 16.318 million tonnes to 19.906 million tonnes.
- Grade remained stable at 0.90 g/t Au.
Evidence · table
“0.90”
Context: 19,906
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 19906000 against 16318000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 576000 against 472000 previously
probableTotal Lynn Lake · goldTonnes: 85438000Grade: 1.25Grade Unit: g/tContained Metal: 3436000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:d1bf582914cb99581f61
Resource Data
- Category
- probable
- Tonnes
- 85438000
- Grade
- 1.25
- Grade Unit
- g/t
- Contained Metal
- 3436000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 80056000
- Prior Grade
- 1.29
- Prior Contained Metal
- 3322000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Lynn Lake Proven and Probable gold reserves showed minor growth in contained metal and tonnage, with a slight decrease in grade, indicating overall stability.
Positive factors
- Contained metal increased by 3% from 3.322 million ounces to 3.436 million ounces.
- Tonnage increased by 7% from 80.056 million tonnes to 85.438 million tonnes.
Negative factors
- Grade decreased by 3% from 1.29 g/t Au to 1.25 g/t Au.
Evidence · table
“1.25”
Context: 85,438
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Dilutive Growthnegative
Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
Why it applies: tonnage rose while contained metal went 3436000 from 3322000
probableAlamos – Total · goldTonnes: 265176000Grade: 1.87Grade Unit: g/tContained Metal: 15903000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos – Total
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:85f44f17bfaccd2f6b76
Resource Data
- Category
- probable
- Tonnes
- 265176000
- Grade
- 1.87
- Grade Unit
- g/t
- Contained Metal
- 15903000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 210203000
- Prior Grade
- 1.78
- Prior Contained Metal
- 12036000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Proven and Probable gold reserves demonstrated exceptional growth, with a 32% increase in contained metal and a 5% increase in grade, indicating a strong overall performance.
Positive factors
- Total Proven and Probable reserves increased significantly by 32% to 15.903 million ounces.
- The contained metal increased by 32% from 12.036 million ounces to 15.903 million ounces.
- The tonnage increased by 26% from 210.203 million tonnes to 265.176 million tonnes.
- The grade increased by 5% from 1.78 g/t Au to 1.87 g/t Au.
Evidence · table
“1.87”
Context: 265,176
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 265176000 against 210203000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 1.87 against 1.78 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 15903000 against 12036000 previously
indicatedIsland Gold · goldTonnes: 2093000Grade: 8.77Grade Unit: g/tContained Metal: 590000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:87db4d04f6c3248712a5
Resource Data
- Category
- indicated
- Tonnes
- 2093000
- Grade
- 8.77
- Grade Unit
- g/t
- Contained Metal
- 590000
- Contained Unit
- oz
- Cutoff Grade
- 3.75
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 2133000
- Prior Grade
- 8.76
- Prior Contained Metal
- 601000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Measured and Indicated gold resources saw a minor decrease in contained metal and tonnage, with stable grades, likely due to conversion to reserves.
Positive factors
- Grade remained stable with a minor increase of 0% from 8.76 g/t Au to 8.77 g/t Au.
Negative factors
- Measured and Indicated resources decreased by 2% to 0.590 million ounces.
- The contained metal decreased by 2% from 0.601 million ounces to 0.590 million ounces.
- The tonnage decreased by 2% from 2.133 million tonnes to 2.093 million tonnes.
Evidence · table
“8.77”
Context: 2,093
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 2093000 against 2133000 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 590000 against 601000 previously
indicatedMagino · goldTonnes: 56798000Grade: 0.79Grade Unit: g/tContained Metal: 1439000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:b3b2128edf81303ec8fd
Resource Data
- Category
- indicated
- Tonnes
- 56798000
- Grade
- 0.79
- Grade Unit
- g/t
- Contained Metal
- 1439000
- Contained Unit
- oz
- Cutoff Grade
- 0.28
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 62689000
- Prior Grade
- 0.94
- Prior Contained Metal
- 1905000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Measured and Indicated gold resources experienced a significant decrease in contained metal and grade, primarily due to conversion to reserves.
Negative factors
- Measured and Indicated resources decreased by 24% to 1.439 million ounces.
- The contained metal decreased by 24% from 1.905 million ounces to 1.439 million ounces.
- The tonnage decreased by 9% from 62.689 million tonnes to 56.798 million tonnes.
- The grade decreased by 17% from 0.94 g/t Au to 0.79 g/t Au.
Evidence · table
“0.79”
Context: 56,798
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 56798000 against 62689000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.79 against 0.94 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1439000 against 1905000 previously
indicatedTotal Island Gold District · goldTonnes: 58891000Grade: 1.07Grade Unit: g/tContained Metal: 2029000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:0f553f2d19bdc658ed7d
Resource Data
- Category
- indicated
- Tonnes
- 58891000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 2029000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 64823000
- Prior Grade
- 1.2
- Prior Contained Metal
- 2506000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Measured and Indicated gold resources saw a notable decrease in contained metal, tonnage, and grade, primarily due to conversion to reserves.
Negative factors
- Total Island Gold District Measured and Indicated resources decreased by 19% to 2.029 million ounces.
- The contained metal decreased by 19% from 2.506 million ounces to 2.029 million ounces.
- The tonnage decreased by 9% from 64.823 million tonnes to 58.891 million tonnes.
- The grade decreased by 11% from 1.20 g/t Au to 1.07 g/t Au.
Evidence · table
“1.07”
Context: 58,891
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 58891000 against 64823000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 1.07 against 1.2 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 2029000 against 2506000 previously
indicatedYoung-Davidson – Surface · goldTonnes: 1739000Grade: 1.24Grade Unit: g/tContained Metal: 69000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson – Surface
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:6f1bbb7c15375556fbbd
Resource Data
- Category
- indicated
- Tonnes
- 1739000
- Grade
- 1.24
- Grade Unit
- g/t
- Contained Metal
- 69000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 1739000
- Prior Grade
- 1.24
- Prior Contained Metal
- 69000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Surface Measured and Indicated gold resources remained unchanged from the prior year, indicating stability.
Evidence · table
“1.24”
Context: 1,739
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedYoung-Davidson – Underground · goldTonnes: 12970000Grade: 3.4Grade Unit: g/tContained Metal: 1420000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson – Underground
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:6b81b534f9462f35ef20
Resource Data
- Category
- indicated
- Tonnes
- 12970000
- Grade
- 3.4
- Grade Unit
- g/t
- Contained Metal
- 1420000
- Contained Unit
- oz
- Cutoff Grade
- 1.39
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 11114000
- Prior Grade
- 3.13
- Prior Contained Metal
- 1117000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Underground Measured and Indicated gold resources showed strong growth, with a 27% increase in contained metal and a 9% increase in grade, indicating successful expansion.
Positive factors
- Measured and Indicated resources increased by 27% to 1.420 million ounces.
- The contained metal increased by 27% from 1.117 million ounces to 1.420 million ounces.
- The tonnage increased by 17% from 11.114 million tonnes to 12.970 million tonnes.
- The grade increased by 9% from 3.13 g/t Au to 3.40 g/t Au.
Evidence · table
“3.40”
Context: 12,970
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 12970000 against 11114000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 3.4 against 3.13 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 1420000 against 1117000 previously
indicatedTotal Young-Davidson · goldTonnes: 14708000Grade: 3.15Grade Unit: g/tContained Metal: 1489000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:231120a9415b59d4d4f1
Resource Data
- Category
- indicated
- Tonnes
- 14708000
- Grade
- 3.15
- Grade Unit
- g/t
- Contained Metal
- 1489000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 12852000
- Prior Grade
- 2.87
- Prior Contained Metal
- 1186000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Young-Davidson Measured and Indicated gold resources showed strong growth, with a 26% increase in contained metal and a 10% increase in grade, indicating successful expansion.
Positive factors
- Total Young-Davidson Measured and Indicated resources increased by 26% to 1.489 million ounces.
- The contained metal increased by 26% from 1.186 million ounces to 1.489 million ounces.
- The tonnage increased by 14% from 12.852 million tonnes to 14.708 million tonnes.
- The grade increased by 10% from 2.87 g/t Au to 3.15 g/t Au.
Evidence · table
“3.15”
Context: 14,708
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 3.15 against 2.87 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 1489000 against 1186000 previously
indicatedGolden Arrow · goldTonnes: 6442000Grade: 1.19Grade Unit: g/tContained Metal: 246000Contained Unit: ozView all detailsHide details
Identity
- Project
- Golden Arrow
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:d7476981fb06d7cc038b
Resource Data
- Category
- indicated
- Tonnes
- 6442000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 246000
- Contained Unit
- oz
- Cutoff Grade
- 0.64
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 6442000
- Prior Grade
- 1.19
- Prior Contained Metal
- 246000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Golden Arrow Measured and Indicated gold resources remained unchanged from the prior year, indicating stability.
Evidence · table
“1.19”
Context: 6,442
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMulatos Mine · goldTonnes: 8190000Grade: 0.96Grade Unit: g/tContained Metal: 252000Contained Unit: ozView all detailsHide details
Identity
- Project
- Mulatos Mine
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:dcae8e4b49367b742046
Resource Data
- Category
- indicated
- Tonnes
- 8190000
- Grade
- 0.96
- Grade Unit
- g/t
- Contained Metal
- 252000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 6772000
- Prior Grade
- 0.98
- Prior Contained Metal
- 214000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Mulatos Mine Measured and Indicated gold resources showed moderate growth in contained metal and tonnage, despite a minor grade decrease.
Positive factors
- Measured and Indicated resources increased by 18% to 0.252 million ounces.
- The contained metal increased by 18% from 0.214 million ounces to 0.252 million ounces.
- The tonnage increased by 21% from 6.772 million tonnes to 8.190 million tonnes.
Negative factors
- The grade decreased by 3% from 0.98 g/t Au to 0.96 g/t Au.
Evidence · table
“0.96”
Context: 8,190
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 8190000 against 6772000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 252000 against 214000 previously
indicatedLa Yaqui Grande · goldTonnes: 1462000Grade: 0.81Grade Unit: g/tContained Metal: 38000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:3e2a2ea84c4b9d9379cd
Resource Data
- Category
- indicated
- Tonnes
- 1462000
- Grade
- 0.81
- Grade Unit
- g/t
- Contained Metal
- 38000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 1523000
- Prior Grade
- 0.78
- Prior Contained Metal
- 38000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Measured and Indicated gold resources remained stable in contained metal, with a minor grade increase and tonnage decrease.
Positive factors
- Grade increased by 4% from 0.78 g/t Au to 0.81 g/t Au.
Negative factors
- Tonnage decreased by 4% from 1.523 million tonnes to 1.462 million tonnes.
- Contained metal remained stable at 0.038 million ounces.
Evidence · table
“0.81”
Context: 1,462
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 1462000 against 1523000 previously
indicatedPuerto Del Aire · goldTonnes: 2403000Grade: 3.49Grade Unit: g/tContained Metal: 269000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:1b63d87c7d94a85b20a1
Resource Data
- Category
- indicated
- Tonnes
- 2403000
- Grade
- 3.49
- Grade Unit
- g/t
- Contained Metal
- 269000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 2403000
- Prior Grade
- 3.49
- Prior Contained Metal
- 269000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire Measured and Indicated gold resources remained unchanged from the prior year, indicating stability.
Evidence · table
“3.49”
Context: 2,403
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedCerro Pelon · goldTonnes: 1391000Grade: 4.28Grade Unit: g/tContained Metal: 192000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cerro Pelon
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:e9503c22afd77d633c3e
Resource Data
- Category
- indicated
- Tonnes
- 1391000
- Grade
- 4.28
- Grade Unit
- g/t
- Contained Metal
- 192000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 720000
- Prior Grade
- 4.49
- Prior Contained Metal
- 104000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Cerro Pelon's Measured and Indicated gold resources showed strong growth, with an 84% increase in contained metal and 93% in tonnage, despite a minor grade decrease.
Positive factors
- Measured and Indicated resources increased by 84% to 0.192 million ounces.
- The contained metal increased by 84% from 0.104 million ounces to 0.192 million ounces.
- The tonnage increased by 93% from 0.720 million tonnes to 1.391 million tonnes.
Negative factors
- The grade decreased by 5% from 4.49 g/t Au to 4.28 g/t Au.
Evidence · table
“4.28”
Context: 1,391
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 1391000 against 720000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 192000 against 104000 previously
indicatedCarricito · goldTonnes: 3356000Grade: 0.74Grade Unit: g/tContained Metal: 80000Contained Unit: ozView all detailsHide details
Identity
- Project
- Carricito
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:008b091338f57d1c2abc
Resource Data
- Category
- indicated
- Tonnes
- 3356000
- Grade
- 0.74
- Grade Unit
- g/t
- Contained Metal
- 80000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 1355000
- Prior Grade
- 0.83
- Prior Contained Metal
- 36000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Carricito's Measured and Indicated gold resources showed strong growth, with a 122% increase in contained metal and 148% in tonnage, despite a minor grade decrease.
Positive factors
- Measured and Indicated resources increased by 122% to 0.080 million ounces.
- The contained metal increased by 122% from 0.036 million ounces to 0.080 million ounces.
- The tonnage increased by 148% from 1.355 million tonnes to 3.356 million tonnes.
Negative factors
- The grade decreased by 10% from 0.83 g/t Au to 0.74 g/t Au.
Evidence · table
“0.74”
Context: 3,356
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 3356000 against 1355000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.74 against 0.83 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 80000 against 36000 previously
indicatedTotal Mulatos · goldTonnes: 16802000Grade: 1.54Grade Unit: g/tContained Metal: 831000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:52ad50704bb5f4749e2b
Resource Data
- Category
- indicated
- Tonnes
- 16802000
- Grade
- 1.54
- Grade Unit
- g/t
- Contained Metal
- 831000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 12772000
- Prior Grade
- 1.61
- Prior Contained Metal
- 661000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos Measured and Indicated gold resources showed moderate growth in contained metal and tonnage, despite a minor grade decrease.
Positive factors
- Total Mulatos Measured and Indicated resources increased by 26% to 0.831 million ounces.
- The contained metal increased by 26% from 0.661 million ounces to 0.831 million ounces.
- The tonnage increased by 32% from 12.772 million tonnes to 16.802 million tonnes.
Negative factors
- The grade decreased by 4% from 1.61 g/t Au to 1.54 g/t Au.
Evidence · table
“1.54”
Context: 16,802
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 16802000 against 12772000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 831000 against 661000 previously
indicatedLynn Lake · goldTonnes: 21735000Grade: 1.27Grade Unit: g/tContained Metal: 885000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:2e0b55747ca7ded65741
Resource Data
- Category
- indicated
- Tonnes
- 21735000
- Grade
- 1.27
- Grade Unit
- g/t
- Contained Metal
- 885000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 16189000
- Prior Grade
- 1.13
- Prior Contained Metal
- 587000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Lynn Lake's Measured and Indicated gold resources showed strong growth, with a 51% increase in contained metal and a 12% increase in grade, indicating successful expansion.
Positive factors
- Measured and Indicated resources increased by 51% to 0.885 million ounces.
- The contained metal increased by 51% from 0.587 million ounces to 0.885 million ounces.
- The tonnage increased by 34% from 16.189 million tonnes to 21.735 million tonnes.
- The grade increased by 12% from 1.13 g/t Au to 1.27 g/t Au.
Evidence · table
“1.27”
Context: 21,735
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 21735000 against 16189000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 1.27 against 1.13 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 885000 against 587000 previously
indicatedAlamos – Total · goldTonnes: 118578000Grade: 1.44Grade Unit: g/tContained Metal: 5480000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos – Total
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:a7d561ac14d041729d8b
Resource Data
- Category
- indicated
- Tonnes
- 118578000
- Grade
- 1.44
- Grade Unit
- g/t
- Contained Metal
- 5480000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 113077000
- Prior Grade
- 1.43
- Prior Contained Metal
- 5186000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Measured and Indicated gold resources showed moderate growth, with a 6% increase in contained metal and a minor grade increase, indicating overall expansion.
Positive factors
- Total Measured and Indicated resources increased by 6% to 5.480 million ounces.
- The contained metal increased by 6% from 5.186 million ounces to 5.480 million ounces.
- The tonnage increased by 5% from 113.077 million tonnes to 118.578 million tonnes.
- The grade increased by 1% from 1.43 g/t Au to 1.44 g/t Au.
Evidence · table
“1.44”
Context: 118,578
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 5480000 against 5186000 previously
inferredIsland Gold · goldTonnes: 2867000Grade: 11.51Grade Unit: g/tContained Metal: 1061000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:725d02e2228f4778a80d
Resource Data
- Category
- inferred
- Tonnes
- 2867000
- Grade
- 11.51
- Grade Unit
- g/t
- Contained Metal
- 1061000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 7106000
- Prior Grade
- 16.52
- Prior Contained Metal
- 3774000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories.
Positive factors
- The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves.
Negative factors
- Inferred resources decreased by 72% to 1.061 million ounces.
- The contained metal decreased by 72% from 3.774 million ounces to 1.061 million ounces.
- The tonnage decreased by 60% from 7.106 million tonnes to 2.867 million tonnes.
- The grade decreased by 30% from 16.52 g/t Au to 11.51 g/t Au.
Evidence · table
“11.51”
Context: 2,867
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 2867000 against 7106000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 11.51 against 16.52 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1061000 against 3774000 previously
inferredMagino · goldTonnes: 14045000Grade: 0.75Grade Unit: g/tContained Metal: 338000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:4b2b3bd2e2adc5556cf6
Resource Data
- Category
- inferred
- Tonnes
- 14045000
- Grade
- 0.75
- Grade Unit
- g/t
- Contained Metal
- 338000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 40383000
- Prior Grade
- 0.91
- Prior Contained Metal
- 1177000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories.
Positive factors
- The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves.
Negative factors
- Inferred resources decreased by 71% to 0.338 million ounces.
- The contained metal decreased by 71% from 1.177 million ounces to 0.338 million ounces.
- The tonnage decreased by 65% from 40.383 million tonnes to 14.045 million tonnes.
- The grade decreased by 18% from 0.91 g/t Au to 0.75 g/t Au.
Evidence · table
“0.75”
Context: 14,045
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 14045000 against 40383000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.75 against 0.91 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 338000 against 1177000 previously
inferredTotal Island Gold District · goldTonnes: 16912000Grade: 2.57Grade Unit: g/tContained Metal: 1398000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:e3a7419ff93678b6ffc6
Resource Data
- Category
- inferred
- Tonnes
- 16912000
- Grade
- 2.57
- Grade Unit
- g/t
- Contained Metal
- 1398000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 47488000
- Prior Grade
- 3.24
- Prior Contained Metal
- 4950000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories.
Positive factors
- The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves.
Negative factors
- Total Island Gold District Inferred resources decreased by 72% to 1.398 million ounces.
- The contained metal decreased by 72% from 4.950 million ounces to 1.398 million ounces.
- The tonnage decreased by 64% from 47.488 million tonnes to 16.912 million tonnes.
- The grade decreased by 21% from 3.24 g/t Au to 2.57 g/t Au.
Evidence · table
“2.57”
Context: 16,912
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 16912000 against 47488000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 2.57 against 3.24 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 1398000 against 4950000 previously
inferredYoung-Davidson – Surface · goldTonnes: 31000Grade: 0.99Grade Unit: g/tContained Metal: 1000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson – Surface
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:fde5447dfc86df095705
Resource Data
- Category
- inferred
- Tonnes
- 31000
- Grade
- 0.99
- Grade Unit
- g/t
- Contained Metal
- 1000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 31000
- Prior Grade
- 0.99
- Prior Contained Metal
- 1000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Surface Inferred gold resources remained unchanged from the prior year, indicating stability.
Evidence · table
“0.99”
Context: 31
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredYoung-Davidson – Underground · goldTonnes: 1382000Grade: 3.73Grade Unit: g/tContained Metal: 166000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson – Underground
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:2c20f5cceb7c99f36537
Resource Data
- Category
- inferred
- Tonnes
- 1382000
- Grade
- 3.73
- Grade Unit
- g/t
- Contained Metal
- 166000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 1880000
- Prior Grade
- 3.25
- Prior Contained Metal
- 197000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Underground Inferred gold resources saw a decrease in contained metal and tonnage, likely due to conversion, despite a notable increase in grade.
Positive factors
- The grade increased by 15% from 3.25 g/t Au to 3.73 g/t Au.
Negative factors
- Inferred resources decreased by 16% to 0.166 million ounces.
- The contained metal decreased by 16% from 0.197 million ounces to 0.166 million ounces.
- The tonnage decreased by 26% from 1.880 million tonnes to 1.382 million tonnes.
Evidence · table
“3.73”
Context: 1,382
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 1382000 against 1880000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 3.73 against 3.25 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 166000 against 197000 previously
inferredTotal Young-Davidson · goldTonnes: 1413000Grade: 3.67Grade Unit: g/tContained Metal: 167000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:fa109525a9f450c3f481
Resource Data
- Category
- inferred
- Tonnes
- 1413000
- Grade
- 3.67
- Grade Unit
- g/t
- Contained Metal
- 167000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 1911000
- Prior Grade
- 3.22
- Prior Contained Metal
- 198000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Young-Davidson Inferred gold resources saw a decrease in contained metal and tonnage, likely due to conversion, despite a notable increase in grade.
Positive factors
- The grade increased by 14% from 3.22 g/t Au to 3.67 g/t Au.
Negative factors
- Total Young-Davidson Inferred resources decreased by 16% to 0.167 million ounces.
- The contained metal decreased by 16% from 0.198 million ounces to 0.167 million ounces.
- The tonnage decreased by 26% from 1.911 million tonnes to 1.413 million tonnes.
Evidence · table
“3.67”
Context: 1,413
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 1413000 against 1911000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 3.67 against 3.22 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 167000 against 198000 previously
inferredGolden Arrow · goldTonnes: 2028000Grade: 1.07Grade Unit: g/tContained Metal: 70000Contained Unit: ozView all detailsHide details
Identity
- Project
- Golden Arrow
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:92dfe3c18822ccdbe40a
Resource Data
- Category
- inferred
- Tonnes
- 2028000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 70000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 2028000
- Prior Grade
- 1.07
- Prior Contained Metal
- 70000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Golden Arrow Inferred gold resources remained unchanged from the prior year, indicating stability.
Evidence · table
“1.07”
Context: 2,028
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMulatos Mine · goldTonnes: 761000Grade: 0.91Grade Unit: g/tContained Metal: 22000Contained Unit: ozView all detailsHide details
Identity
- Project
- Mulatos Mine
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:0054c9499c972d346842
Resource Data
- Category
- inferred
- Tonnes
- 761000
- Grade
- 0.91
- Grade Unit
- g/t
- Contained Metal
- 22000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 641000
- Prior Grade
- 0.91
- Prior Contained Metal
- 19000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Mulatos Mine Inferred gold resources showed moderate growth in contained metal and tonnage, with stable grades.
Positive factors
- Inferred resources increased by 16% to 0.022 million ounces.
- The contained metal increased by 16% from 0.019 million ounces to 0.022 million ounces.
- The tonnage increased by 19% from 0.641 million tonnes to 0.761 million tonnes.
- Grade remained stable with a minor decrease of 1% from 0.91 g/t Au to 0.91 g/t Au.
Evidence · table
“0.91”
Context: 761
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 761000 against 641000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 22000 against 19000 previously
inferredLa Yaqui Grande · goldTonnes: 41000Grade: 2.17Grade Unit: g/tContained Metal: 3000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:12aa1ab35f91482f582b
Resource Data
- Category
- inferred
- Tonnes
- 41000
- Grade
- 2.17
- Grade Unit
- g/t
- Contained Metal
- 3000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 74000
- Prior Grade
- 1.74
- Prior Contained Metal
- 4000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Inferred gold resources saw a decrease in contained metal and tonnage, likely due to conversion, despite a notable increase in grade.
Positive factors
- The grade increased by 25% from 1.74 g/t Au to 2.17 g/t Au.
Negative factors
- Inferred resources decreased by 25% to 0.003 million ounces.
- The contained metal decreased by 25% from 0.004 million ounces to 0.003 million ounces.
- The tonnage decreased by 45% from 0.074 million tonnes to 0.041 million tonnes.
Evidence · table
“2.17”
Context: 41
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 41000 against 74000 previously
Grade Improvementpositive
Average resource grade improved vs prior estimate — better deposit economics.
Why it applies: 2.17 against 1.74 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 3000 against 4000 previously
inferredPuerto Del Aire · goldTonnes: 281000Grade: 4.07Grade Unit: g/tContained Metal: 37000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:03f6d111cc6976cb61f9
Resource Data
- Category
- inferred
- Tonnes
- 281000
- Grade
- 4.07
- Grade Unit
- g/t
- Contained Metal
- 37000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 281000
- Prior Grade
- 4.07
- Prior Contained Metal
- 37000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire Inferred gold resources remained unchanged from the prior year, indicating stability.
Evidence · table
“4.07”
Context: 281
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredCerro Pelon · goldTonnes: 83000Grade: 3.99Grade Unit: g/tContained Metal: 11000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cerro Pelon
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:c6d310b79e14159d8459
Resource Data
- Category
- inferred
- Tonnes
- 83000
- Grade
- 3.99
- Grade Unit
- g/t
- Contained Metal
- 11000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Cerro Pelon's Inferred gold resources are reported for the first time or show significant growth, indicating new exploration success.
Positive factors
- Cerro Pelon Inferred gold resources are newly reported or significantly increased, indicating new potential.
Evidence · table
“3.99”
Context: 83
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredCarricito · goldTonnes: 1499000Grade: 0.6Grade Unit: g/tContained Metal: 29000Contained Unit: ozView all detailsHide details
Identity
- Project
- Carricito
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:5bc4bc6e4566578d3cba
Resource Data
- Category
- inferred
- Tonnes
- 1499000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 29000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 900000
- Prior Grade
- 0.74
- Prior Contained Metal
- 22000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Carricito's Inferred gold resources showed moderate growth in contained metal and tonnage, despite a notable grade decrease.
Positive factors
- Inferred resources increased by 32% to 0.029 million ounces.
- The contained metal increased by 32% from 0.022 million ounces to 0.029 million ounces.
- The tonnage increased by 67% from 0.900 million tonnes to 1.499 million tonnes.
Negative factors
- The grade decreased by 18% from 0.74 g/t Au to 0.60 g/t Au.
Evidence · table
“0.60”
Context: 1,499
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 1499000 against 900000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.6 against 0.74 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 29000 against 22000 previously
inferredTotal Mulatos · goldTonnes: 2665000Grade: 1.18Grade Unit: g/tContained Metal: 101000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:cee6f3426ce8ab78880f
Resource Data
- Category
- inferred
- Tonnes
- 2665000
- Grade
- 1.18
- Grade Unit
- g/t
- Contained Metal
- 101000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 1896000
- Prior Grade
- 1.34
- Prior Contained Metal
- 82000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos Inferred gold resources showed moderate growth in contained metal and tonnage, despite a notable grade decrease.
Positive factors
- Total Mulatos Inferred resources increased by 24% to 0.101 million ounces.
- The contained metal increased by 24% from 0.082 million ounces to 0.101 million ounces.
- The tonnage increased by 41% from 1.896 million tonnes to 2.665 million tonnes.
Negative factors
- The grade decreased by 12% from 1.34 g/t Au to 1.18 g/t Au.
Evidence · table
“1.18”
Context: 2,665
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 2665000 against 1896000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 1.18 against 1.34 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 101000 against 82000 previously
inferredLynn Lake · goldTonnes: 11939000Grade: 0.8Grade Unit: g/tContained Metal: 308000Contained Unit: ozView all detailsHide details
Identity
- Project
- Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:e0b82537f0778261eb2f
Resource Data
- Category
- inferred
- Tonnes
- 11939000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 308000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 5682000
- Prior Grade
- 0.94
- Prior Contained Metal
- 171000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Lynn Lake's Inferred gold resources showed strong growth, with an 80% increase in contained metal and 110% in tonnage, despite a notable grade decrease.
Positive factors
- Inferred resources increased by 80% to 0.308 million ounces.
- The contained metal increased by 80% from 0.171 million ounces to 0.308 million ounces.
- The tonnage increased by 110% from 5.682 million tonnes to 11.939 million tonnes.
Negative factors
- The grade decreased by 14% from 0.94 g/t Au to 0.80 g/t Au.
Evidence · table
“0.80”
Context: 11,939
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 11939000 against 5682000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 0.8 against 0.94 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 308000 against 171000 previously
inferredAlamos – Total · goldTonnes: 34958000Grade: 1.82Grade Unit: g/tContained Metal: 2044000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos – Total
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:61f6f84e56fb0247ada2
Resource Data
- Category
- inferred
- Tonnes
- 34958000
- Grade
- 1.82
- Grade Unit
- g/t
- Contained Metal
- 2044000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
- Prior Tonnes
- 59005000
- Prior Grade
- 2.88
- Prior Contained Metal
- 5471000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories.
Positive factors
- The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves.
Negative factors
- Total Inferred resources decreased by 63% to 2.044 million ounces.
- The contained metal decreased by 63% from 5.471 million ounces to 2.044 million ounces.
- The tonnage decreased by 41% from 59.005 million tonnes to 34.958 million tonnes.
- The grade decreased by 37% from 2.88 g/t Au to 1.82 g/t Au.
Evidence · table
“1.82”
Context: 34,958
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Tonnage Declinenegative
Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
Why it applies: 34958000 against 59005000 previously
Grade Declinenegative
Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: 1.82 against 2.88 previously
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: 2044000 against 5471000 previously
provenIsland Gold · goldTonnes: 1123000Grade: 11.5Grade Unit: g/tContained Metal: 415000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:390efd587a2e3b353a6c
Resource Data
- Category
- proven
- Tonnes
- 1123000
- Grade
- 11.5
- Grade Unit
- g/t
- Contained Metal
- 415000
- Contained Unit
- oz
- Cutoff Grade
- 3.78
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Proven gold reserves demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall reserve base.
Positive factors
- High-grade Proven reserves of 11.50 g/t Au indicate strong confidence in the resource.
- Significant contained metal of 0.415 million ounces in the highest confidence category.
Evidence · table
“11.50”
Context: 1,123
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableIsland Gold · goldTonnes: 13949000Grade: 10.54Grade Unit: g/tContained Metal: 4726000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:2309d70d5a3e5b92c244
Resource Data
- Category
- probable
- Tonnes
- 13949000
- Grade
- 10.54
- Grade Unit
- g/t
- Contained Metal
- 4726000
- Contained Unit
- oz
- Cutoff Grade
- 3.78
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production.
Positive factors
- High-grade Probable reserves of 10.54 g/t Au indicate strong potential for future conversion to Proven.
- Substantial contained metal of 4.726 million ounces in the Probable category.
Evidence · table
“10.54”
Context: 13,949
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenMagino · goldTonnes: 42437000Grade: 0.8Grade Unit: g/tContained Metal: 1097000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:e6959c415184c67e17c9
Resource Data
- Category
- proven
- Tonnes
- 42437000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 1097000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Proven gold reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 1.097 million ounces in the Proven category.
- Large tonnage of 42.437 million tonnes in the Proven category.
Evidence · table
“0.80”
Context: 42,437
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableMagino · goldTonnes: 70704000Grade: 0.9Grade Unit: g/tContained Metal: 2044000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:6d194a4ae79a053798ae
Resource Data
- Category
- probable
- Tonnes
- 70704000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 2044000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 2.044 million ounces in the Probable category.
- Large tonnage of 70.704 million tonnes in the Probable category.
Evidence · table
“0.90”
Context: 70,704
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenTotal Island Gold District · goldTonnes: 43559000Grade: 1.08Grade Unit: g/tContained Metal: 1512000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:649e0a4b2c446ce16f63
Resource Data
- Category
- proven
- Tonnes
- 43559000
- Grade
- 1.08
- Grade Unit
- g/t
- Contained Metal
- 1512000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Proven gold reserves are substantial, contributing significantly to the overall reserve base with high confidence.
Positive factors
- Significant contained metal of 1.512 million ounces in the Proven category.
- Large tonnage of 43.559 million tonnes in the Proven category.
Evidence · table
“1.08”
Context: 43,559
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTotal Island Gold District · goldTonnes: 84653000Grade: 2.49Grade Unit: g/tContained Metal: 6769000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:54730535d85a166c95c4
Resource Data
- Category
- probable
- Tonnes
- 84653000
- Grade
- 2.49
- Grade Unit
- g/t
- Contained Metal
- 6769000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production.
Positive factors
- High-grade Probable reserves of 2.49 g/t Au indicate strong potential for future conversion to Proven.
- Substantial contained metal of 6.769 million ounces in the Probable category.
- Large tonnage of 84.653 million tonnes in the Probable category.
Evidence · table
“2.49”
Context: 84,653
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenYoung-Davidson · goldTonnes: 12457000Grade: 2.18Grade Unit: g/tContained Metal: 873000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:4371cadbcd72d12e11db
Resource Data
- Category
- proven
- Tonnes
- 12457000
- Grade
- 2.18
- Grade Unit
- g/t
- Contained Metal
- 873000
- Contained Unit
- oz
- Cutoff Grade
- 1.57
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson's Proven gold reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 0.873 million ounces in the Proven category.
- Large tonnage of 12.457 million tonnes in the Proven category.
Evidence · table
“2.18”
Context: 12,457
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableYoung-Davidson · goldTonnes: 29727000Grade: 2.21Grade Unit: g/tContained Metal: 2109000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:fc3160dca69a14221545
Resource Data
- Category
- probable
- Tonnes
- 29727000
- Grade
- 2.21
- Grade Unit
- g/t
- Contained Metal
- 2109000
- Contained Unit
- oz
- Cutoff Grade
- 1.57
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 2.109 million ounces in the Probable category.
- Large tonnage of 29.727 million tonnes in the Probable category.
Evidence · table
“2.21”
Context: 29,727
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenLa Yaqui Grande · goldTonnes: 127000Grade: 0.9Grade Unit: g/tContained Metal: 4000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:c335f0fc9b5a730c17d3
Resource Data
- Category
- proven
- Tonnes
- 127000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 4000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Proven gold reserves are a minor component of the overall reserve base, indicating limited high-confidence material.
Positive factors
- Contained metal of 0.004 million ounces in the Proven category.
Evidence · table
“0.90”
Context: 127
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableLa Yaqui Grande · goldTonnes: 3166000Grade: 1.37Grade Unit: g/tContained Metal: 139000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:9ea09602c1a17a7764d0
Resource Data
- Category
- probable
- Tonnes
- 3166000
- Grade
- 1.37
- Grade Unit
- g/t
- Contained Metal
- 139000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Probable gold reserves contribute moderately to the overall reserve base, with a reasonable grade and contained metal, but the non-standard cut-off grade adds uncertainty.
Positive factors
- Contained metal of 0.139 million ounces in the Probable category.
- Tonnage of 3.166 million tonnes in the Probable category.
Negative factors
- The reserve cut-off grade is determined as a 'net of process value' rather than a simple grade, which reduces transparency.
Evidence · table
“1.37”
Context: 3,166
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenPuerto Del Aire · goldTonnes: 946000Grade: 4.78Grade Unit: g/tContained Metal: 145000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:18b34ecd8f6f6af2fa35
Resource Data
- Category
- proven
- Tonnes
- 946000
- Grade
- 4.78
- Grade Unit
- g/t
- Contained Metal
- 145000
- Contained Unit
- oz
- Cutoff Grade
- 3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Proven gold reserves demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall reserve base.
Positive factors
- High-grade Proven reserves of 4.78 g/t Au indicate strong confidence in the resource.
- Significant contained metal of 0.145 million ounces in the highest confidence category.
Evidence · table
“4.78”
Context: 946
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probablePuerto Del Aire · goldTonnes: 5104000Grade: 5.57Grade Unit: g/tContained Metal: 914000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:1812422fcb2b73a80125
Resource Data
- Category
- probable
- Tonnes
- 5104000
- Grade
- 5.57
- Grade Unit
- g/t
- Contained Metal
- 914000
- Contained Unit
- oz
- Cutoff Grade
- 3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production.
Positive factors
- High-grade Probable reserves of 5.57 g/t Au indicate strong potential for future conversion to Proven.
- Substantial contained metal of 0.914 million ounces in the Probable category.
Evidence · table
“5.57”
Context: 5,104
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenTotal Mulatos · goldTonnes: 1073000Grade: 4.32Grade Unit: g/tContained Metal: 149000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:fa25ab9e5cca992f4b2b
Resource Data
- Category
- proven
- Tonnes
- 1073000
- Grade
- 4.32
- Grade Unit
- g/t
- Contained Metal
- 149000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos' Proven gold reserves demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall reserve base.
Positive factors
- High-grade Proven reserves of 4.32 g/t Au indicate strong confidence in the resource.
- Contained metal of 0.149 million ounces in the Proven category.
Evidence · table
“4.32”
Context: 1,073
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTotal Mulatos · goldTonnes: 8270000Grade: 3.96Grade Unit: g/tContained Metal: 1054000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:c89d1c761149592d155e
Resource Data
- Category
- probable
- Tonnes
- 8270000
- Grade
- 3.96
- Grade Unit
- g/t
- Contained Metal
- 1054000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos' Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production.
Positive factors
- High-grade Probable reserves of 3.96 g/t Au indicate strong potential for future conversion to Proven.
- Substantial contained metal of 1.054 million ounces in the Probable category.
Evidence · table
“3.96”
Context: 8,270
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenMacLellan · goldTonnes: 16840000Grade: 1.64Grade Unit: g/tContained Metal: 886000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:97f19bf906852f8dc5dd
Resource Data
- Category
- proven
- Tonnes
- 16840000
- Grade
- 1.64
- Grade Unit
- g/t
- Contained Metal
- 886000
- Contained Unit
- oz
- Cutoff Grade
- 0.33
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Proven gold reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 0.886 million ounces in the Proven category.
- Large tonnage of 16.840 million tonnes in the Proven category.
Evidence · table
“1.64”
Context: 16,840
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableMacLellan · goldTonnes: 24318000Grade: 1.08Grade Unit: g/tContained Metal: 846000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:df180fbe90f28132e808
Resource Data
- Category
- probable
- Tonnes
- 24318000
- Grade
- 1.08
- Grade Unit
- g/t
- Contained Metal
- 846000
- Contained Unit
- oz
- Cutoff Grade
- 0.33
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 0.846 million ounces in the Probable category.
- Large tonnage of 24.318 million tonnes in the Probable category.
Evidence · table
“1.08”
Context: 24,318
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenGordon · goldTonnes: 4347000Grade: 2.29Grade Unit: g/tContained Metal: 320000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gordon
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:fad0ee7ef8f1437e9f46
Resource Data
- Category
- proven
- Tonnes
- 4347000
- Grade
- 2.29
- Grade Unit
- g/t
- Contained Metal
- 320000
- Contained Unit
- oz
- Cutoff Grade
- 0.45
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Gordon's Proven gold reserves contribute substantially to the overall reserve base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 0.320 million ounces in the Proven category.
- Tonnage of 4.347 million tonnes in the Proven category.
Evidence · table
“2.29”
Context: 4,347
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableGordon · goldTonnes: 6093000Grade: 1.83Grade Unit: g/tContained Metal: 359000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gordon
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:473306160384050823cb
Resource Data
- Category
- probable
- Tonnes
- 6093000
- Grade
- 1.83
- Grade Unit
- g/t
- Contained Metal
- 359000
- Contained Unit
- oz
- Cutoff Grade
- 0.45
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Gordon's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 0.359 million ounces in the Probable category.
- Tonnage of 6.093 million tonnes in the Probable category.
Evidence · table
“1.83”
Context: 6,093
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenBurnt Timber · goldTonnes: 4201000Grade: 1.26Grade Unit: g/tContained Metal: 170000Contained Unit: ozView all detailsHide details
Identity
- Project
- Burnt Timber
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:1362a075f8ee5c0e69ba
Resource Data
- Category
- proven
- Tonnes
- 4201000
- Grade
- 1.26
- Grade Unit
- g/t
- Contained Metal
- 170000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Burnt Timber's Proven gold reserves contribute moderately to the overall reserve base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.170 million ounces in the Proven category.
- Tonnage of 4.201 million tonnes in the Proven category.
Evidence · table
“1.26”
Context: 4,201
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableBurnt Timber · goldTonnes: 9733000Grade: 0.89Grade Unit: g/tContained Metal: 278000Contained Unit: ozView all detailsHide details
Identity
- Project
- Burnt Timber
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:89e77d973945c9fe0e6a
Resource Data
- Category
- probable
- Tonnes
- 9733000
- Grade
- 0.89
- Grade Unit
- g/t
- Contained Metal
- 278000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Burnt Timber's Probable gold reserves are substantial in tonnage and contained metal, indicating potential for future conversion to Proven reserves and long-term production.
Positive factors
- Contained metal of 0.278 million ounces in the Probable category.
- Tonnage of 9.733 million tonnes in the Probable category.
Evidence · table
“0.89”
Context: 9,733
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenLinkwood · goldTonnes: 1779000Grade: 0.9Grade Unit: g/tContained Metal: 51000Contained Unit: ozView all detailsHide details
Identity
- Project
- Linkwood
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:889a977a82854e9cf71b
Resource Data
- Category
- proven
- Tonnes
- 1779000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 51000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Linkwood's Proven gold reserves are a minor component of the overall reserve base, indicating limited high-confidence material.
Positive factors
- Contained metal of 0.051 million ounces in the Proven category.
- Tonnage of 1.779 million tonnes in the Proven category.
Evidence · table
“0.90”
Context: 1,779
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableLinkwood · goldTonnes: 18127000Grade: 0.9Grade Unit: g/tContained Metal: 525000Contained Unit: ozView all detailsHide details
Identity
- Project
- Linkwood
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:eb4056b616b653723f70
Resource Data
- Category
- probable
- Tonnes
- 18127000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 525000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Linkwood's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 0.525 million ounces in the Probable category.
- Large tonnage of 18.127 million tonnes in the Probable category.
Evidence · table
“0.90”
Context: 18,127
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenTotal Lynn Lake · goldTonnes: 27167000Grade: 1.64Grade Unit: g/tContained Metal: 1428000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:e6a06b63f395b641f5c4
Resource Data
- Category
- proven
- Tonnes
- 27167000
- Grade
- 1.64
- Grade Unit
- g/t
- Contained Metal
- 1428000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Lynn Lake's Proven gold reserves are substantial, contributing significantly to the overall reserve base with high confidence.
Positive factors
- Significant contained metal of 1.428 million ounces in the Proven category.
- Large tonnage of 27.167 million tonnes in the Proven category.
Evidence · table
“1.64”
Context: 27,167
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTotal Lynn Lake · goldTonnes: 58271000Grade: 1.07Grade Unit: g/tContained Metal: 2008000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:dce156efd5193acd4c2f
Resource Data
- Category
- probable
- Tonnes
- 58271000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 2008000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Lynn Lake's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 2.008 million ounces in the Probable category.
- Large tonnage of 58.271 million tonnes in the Probable category.
Evidence · table
“1.07”
Context: 58,271
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenAlamos - Total · goldTonnes: 84256000Grade: 1.46Grade Unit: g/tContained Metal: 3963000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos - Total
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:1f493222c5a6690939d2
Resource Data
- Category
- proven
- Tonnes
- 84256000
- Grade
- 1.46
- Grade Unit
- g/t
- Contained Metal
- 3963000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Proven gold reserves are substantial, contributing significantly to the overall reserve base with high confidence.
Positive factors
- Significant contained metal of 3.963 million ounces in the Proven category.
- Large tonnage of 84.256 million tonnes in the Proven category.
Evidence · table
“1.46”
Context: 84,256
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableAlamos - Total · goldTonnes: 180920000Grade: 2.05Grade Unit: g/tContained Metal: 11940000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos - Total
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:8c1238098c7209aaa784
Resource Data
- Category
- probable
- Tonnes
- 180920000
- Grade
- 2.05
- Grade Unit
- g/t
- Contained Metal
- 11940000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production.
Positive factors
- High-grade Probable reserves of 2.05 g/t Au indicate strong potential for future conversion to Proven.
- Substantial contained metal of 11.940 million ounces in the Probable category.
- Large tonnage of 180.920 million tonnes in the Probable category.
Evidence · table
“2.05”
Context: 180,920
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableLa Yaqui Grande · silverTonnes: 3166000Grade: 14.77Grade Unit: g/tContained Metal: 1503000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- silver
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:9ea09602c1a17a7764d0
Resource Data
- Category
- probable
- Tonnes
- 3166000
- Grade
- 14.77
- Grade Unit
- g/t
- Contained Metal
- 1503000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Probable silver reserves contribute moderately to the overall reserve base, with a reasonable grade and contained metal.
Positive factors
- Contained metal of 1.503 million ounces in the Probable category.
- Tonnage of 3.166 million tonnes in the Probable category.
Evidence · table
“14.77”
Context: 3,166
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenPuerto Del Aire · silverTonnes: 946000Grade: 13.31Grade Unit: g/tContained Metal: 405000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- silver
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:18b34ecd8f6f6af2fa35
Resource Data
- Category
- proven
- Tonnes
- 946000
- Grade
- 13.31
- Grade Unit
- g/t
- Contained Metal
- 405000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Proven silver reserves contribute substantially to the overall reserve base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.405 million ounces in the Proven category.
- Tonnage of 0.946 million tonnes in the Proven category.
Evidence · table
“13.31”
Context: 946
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probablePuerto Del Aire · silverTonnes: 5104000Grade: 6.6Grade Unit: g/tContained Metal: 1083000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- silver
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:1812422fcb2b73a80125
Resource Data
- Category
- probable
- Tonnes
- 5104000
- Grade
- 6.6
- Grade Unit
- g/t
- Contained Metal
- 1083000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Probable silver reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Contained metal of 1.083 million ounces in the Probable category.
- Tonnage of 5.104 million tonnes in the Probable category.
Evidence · table
“6.60”
Context: 5,104
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenMacLellan · silverTonnes: 16840000Grade: 5.25Grade Unit: g/tContained Metal: 2840000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:97f19bf906852f8dc5dd
Resource Data
- Category
- proven
- Tonnes
- 16840000
- Grade
- 5.25
- Grade Unit
- g/t
- Contained Metal
- 2840000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Proven silver reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 2.840 million ounces in the Proven category.
- Large tonnage of 16.840 million tonnes in the Proven category.
Evidence · table
“5.25”
Context: 16,840
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableMacLellan · silverTonnes: 24318000Grade: 3.48Grade Unit: g/tContained Metal: 2719000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- silver
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:df180fbe90f28132e808
Resource Data
- Category
- probable
- Tonnes
- 24318000
- Grade
- 3.48
- Grade Unit
- g/t
- Contained Metal
- 2719000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Probable silver reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 2.719 million ounces in the Probable category.
- Large tonnage of 24.318 million tonnes in the Probable category.
Evidence · table
“3.48”
Context: 24,318
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenAlamos - Total · silverTonnes: 17786000Grade: 5.67Grade Unit: g/tContained Metal: 3245000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos - Total
- Commodity
- silver
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:818142a862ddf4923a44
Resource Data
- Category
- proven
- Tonnes
- 17786000
- Grade
- 5.67
- Grade Unit
- g/t
- Contained Metal
- 3245000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Proven silver reserves are substantial, contributing significantly to the overall reserve base with high confidence.
Positive factors
- Significant contained metal of 3.245 million ounces in the Proven category.
- Large tonnage of 17.786 million tonnes in the Proven category.
Evidence · table
“5.67”
Context: 17,786
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableAlamos - Total · silverTonnes: 32587000Grade: 5.06Grade Unit: g/tContained Metal: 5304000Contained Unit: ozView all detailsHide details
Identity
- Project
- Alamos - Total
- Commodity
- silver
- Ticker
- AGI
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:b988ab8f3e0c89ad5f27
Resource Data
- Category
- probable
- Tonnes
- 32587000
- Grade
- 5.06
- Grade Unit
- g/t
- Contained Metal
- 5304000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Alamos Gold's total Probable silver reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production.
Positive factors
- Significant contained metal of 5.304 million ounces in the Probable category.
- Large tonnage of 32.587 million tonnes in the Probable category.
Evidence · table
“5.06”
Context: 32,587
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredIsland Gold · goldTonnes: 329000Grade: 11.19Grade Unit: g/tContained Metal: 118000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:4af892ec90138dc268da
Resource Data
- Category
- measured
- Tonnes
- 329000
- Grade
- 11.19
- Grade Unit
- g/t
- Contained Metal
- 118000
- Contained Unit
- oz
- Cutoff Grade
- 3.75
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Measured gold resources demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall resource base.
Positive factors
- High-grade Measured resources of 11.19 g/t Au indicate strong confidence in the resource.
- Contained metal of 0.118 million ounces in the highest confidence category.
Evidence · table
“11.19”
Context: 329
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedIsland Gold · goldTonnes: 1764000Grade: 8.32Grade Unit: g/tContained Metal: 472000Contained Unit: ozView all detailsHide details
Identity
- Project
- Island Gold
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:2452467f1c4346ab9bcc
Resource Data
- Category
- indicated
- Tonnes
- 1764000
- Grade
- 8.32
- Grade Unit
- g/t
- Contained Metal
- 472000
- Contained Unit
- oz
- Cutoff Grade
- 3.75
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Island Gold's Indicated gold resources are significant in both grade and contained metal, representing a strong foundation for future resource growth and conversion.
Positive factors
- High-grade Indicated resources of 8.32 g/t Au indicate strong potential for future conversion to Measured.
- Substantial contained metal of 0.472 million ounces in the Indicated category.
Evidence · table
“8.32”
Context: 1,764
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredMagino · goldTonnes: 6714000Grade: 0.7Grade Unit: g/tContained Metal: 151000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:f7fab8fd27199fcfbe18
Resource Data
- Category
- measured
- Tonnes
- 6714000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 151000
- Contained Unit
- oz
- Cutoff Grade
- 0.28
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Measured gold resources contribute substantially to the overall resource base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 0.151 million ounces in the Measured category.
- Large tonnage of 6.714 million tonnes in the Measured category.
Evidence · table
“0.70”
Context: 6,714
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMagino · goldTonnes: 50084000Grade: 0.8Grade Unit: g/tContained Metal: 1288000Contained Unit: ozView all detailsHide details
Identity
- Project
- Magino
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:41b41047503410fb053e
Resource Data
- Category
- indicated
- Tonnes
- 50084000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 1288000
- Contained Unit
- oz
- Cutoff Grade
- 0.28
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Magino's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources and reserves.
Positive factors
- Significant contained metal of 1.288 million ounces in the Indicated category.
- Large tonnage of 50.084 million tonnes in the Indicated category.
Evidence · table
“0.80”
Context: 50,084
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredTotal Island Gold District · goldTonnes: 7042000Grade: 1.19Grade Unit: g/tContained Metal: 270000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:40e8184551ef8e9ef96a
Resource Data
- Category
- measured
- Tonnes
- 7042000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 270000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Measured gold resources are substantial, contributing significantly to the overall resource base with high confidence.
Positive factors
- Significant contained metal of 0.270 million ounces in the Measured category.
- Large tonnage of 7.042 million tonnes in the Measured category.
Evidence · table
“1.19”
Context: 7,042
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedTotal Island Gold District · goldTonnes: 51848000Grade: 1.06Grade Unit: g/tContained Metal: 1760000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Island Gold District
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:4065c30fda9c25b796e9
Resource Data
- Category
- indicated
- Tonnes
- 51848000
- Grade
- 1.06
- Grade Unit
- g/t
- Contained Metal
- 1760000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: The Total Island Gold District's Indicated gold resources are substantial in both tonnage and contained metal, representing a strong foundation for future resource growth and conversion.
Positive factors
- Significant contained metal of 1.760 million ounces in the Indicated category.
- Large tonnage of 51.848 million tonnes in the Indicated category.
Evidence · table
“1.06”
Context: 51,848
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredYoung-Davidson - Surface · goldTonnes: 496000Grade: 1.13Grade Unit: g/tContained Metal: 18000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson - Surface
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:ad4b23223c854b534cb4
Resource Data
- Category
- measured
- Tonnes
- 496000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 18000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Surface Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material.
Positive factors
- Contained metal of 0.018 million ounces in the Measured category.
- Tonnage of 0.496 million tonnes in the Measured category.
Evidence · table
“1.13”
Context: 496
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedYoung-Davidson - Surface · goldTonnes: 1242000Grade: 1.28Grade Unit: g/tContained Metal: 51000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson - Surface
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:a124cc456bf35a925dda
Resource Data
- Category
- indicated
- Tonnes
- 1242000
- Grade
- 1.28
- Grade Unit
- g/t
- Contained Metal
- 51000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Surface Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.051 million ounces in the Indicated category.
- Tonnage of 1.242 million tonnes in the Indicated category.
Evidence · table
“1.28”
Context: 1,242
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredYoung-Davidson - Underground · goldTonnes: 5417000Grade: 2.65Grade Unit: g/tContained Metal: 461000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson - Underground
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:638545fe16c576771efb
Resource Data
- Category
- measured
- Tonnes
- 5417000
- Grade
- 2.65
- Grade Unit
- g/t
- Contained Metal
- 461000
- Contained Unit
- oz
- Cutoff Grade
- 1.39
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Underground Measured gold resources contribute substantially to the overall resource base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 0.461 million ounces in the Measured category.
- Large tonnage of 5.417 million tonnes in the Measured category.
Evidence · table
“2.65”
Context: 5,417
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedYoung-Davidson - Underground · goldTonnes: 7553000Grade: 3.95Grade Unit: g/tContained Metal: 959000Contained Unit: ozView all detailsHide details
Identity
- Project
- Young-Davidson - Underground
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:d788afef26f96fc6c37d
Resource Data
- Category
- indicated
- Tonnes
- 7553000
- Grade
- 3.95
- Grade Unit
- g/t
- Contained Metal
- 959000
- Contained Unit
- oz
- Cutoff Grade
- 1.39
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Young-Davidson Underground Indicated gold resources are significant in both grade and contained metal, representing a strong foundation for future resource growth and conversion.
Positive factors
- High-grade Indicated resources of 3.95 g/t Au indicate strong potential for future conversion to Measured.
- Substantial contained metal of 0.959 million ounces in the Indicated category.
Evidence · table
“3.95”
Context: 7,553
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredTotal Young-Davidson · goldTonnes: 5913000Grade: 2.52Grade Unit: g/tContained Metal: 479000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:9cd3530e4809b553ee0b
Resource Data
- Category
- measured
- Tonnes
- 5913000
- Grade
- 2.52
- Grade Unit
- g/t
- Contained Metal
- 479000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Young-Davidson's Measured gold resources contribute substantially to the overall resource base with a large tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Significant contained metal of 0.479 million ounces in the Measured category.
- Large tonnage of 5.913 million tonnes in the Measured category.
Evidence · table
“2.52”
Context: 5,913
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedTotal Young-Davidson · goldTonnes: 8795000Grade: 3.57Grade Unit: g/tContained Metal: 1010000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Young-Davidson
- Commodity
- gold
- Region
- canada_on
- Reported Region
- northern Ontario, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:80d2211d7797b0003502
Resource Data
- Category
- indicated
- Tonnes
- 8795000
- Grade
- 3.57
- Grade Unit
- g/t
- Contained Metal
- 1010000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Young-Davidson's Indicated gold resources are significant in both grade and contained metal, representing a strong foundation for future resource growth and conversion.
Positive factors
- High-grade Indicated resources of 3.57 g/t Au indicate strong potential for future conversion to Measured.
- Substantial contained metal of 1.010 million ounces in the Indicated category.
- Large tonnage of 8.795 million tonnes in the Indicated category.
Evidence · table
“3.57”
Context: 8,795
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredGolden Arrow · goldTonnes: 3626000Grade: 1.26Grade Unit: g/tContained Metal: 147000Contained Unit: ozView all detailsHide details
Identity
- Project
- Golden Arrow
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:ab50606c1f7f8edc6ac6
Resource Data
- Category
- measured
- Tonnes
- 3626000
- Grade
- 1.26
- Grade Unit
- g/t
- Contained Metal
- 147000
- Contained Unit
- oz
- Cutoff Grade
- 0.64
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Golden Arrow's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.147 million ounces in the Measured category.
- Tonnage of 3.626 million tonnes in the Measured category.
Evidence · table
“1.26”
Context: 3,626
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedGolden Arrow · goldTonnes: 2816000Grade: 1.09Grade Unit: g/tContained Metal: 99000Contained Unit: ozView all detailsHide details
Identity
- Project
- Golden Arrow
- Commodity
- gold
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:0bfed564b9409b280009
Resource Data
- Category
- indicated
- Tonnes
- 2816000
- Grade
- 1.09
- Grade Unit
- g/t
- Contained Metal
- 99000
- Contained Unit
- oz
- Cutoff Grade
- 0.64
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Golden Arrow's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.099 million ounces in the Indicated category.
- Tonnage of 2.816 million tonnes in the Indicated category.
Evidence · table
“1.09”
Context: 2,816
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredMulatos Mine · goldTonnes: 864000Grade: 0.97Grade Unit: g/tContained Metal: 27000Contained Unit: ozView all detailsHide details
Identity
- Project
- Mulatos Mine
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:f0da091c9be84738ad66
Resource Data
- Category
- measured
- Tonnes
- 864000
- Grade
- 0.97
- Grade Unit
- g/t
- Contained Metal
- 27000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Mulatos Mine's Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material.
Positive factors
- Contained metal of 0.027 million ounces in the Measured category.
- Tonnage of 0.864 million tonnes in the Measured category.
Evidence · table
“0.97”
Context: 864
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMulatos Mine · goldTonnes: 7326000Grade: 0.96Grade Unit: g/tContained Metal: 225000Contained Unit: ozView all detailsHide details
Identity
- Project
- Mulatos Mine
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:ff0fd2a8020ce8f0329e
Resource Data
- Category
- indicated
- Tonnes
- 7326000
- Grade
- 0.96
- Grade Unit
- g/t
- Contained Metal
- 225000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Mulatos Mine's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.225 million ounces in the Indicated category.
- Tonnage of 7.326 million tonnes in the Indicated category.
Evidence · table
“0.96”
Context: 7,326
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLa Yaqui Grande · goldTonnes: 1462000Grade: 0.8Grade Unit: g/tContained Metal: 38000Contained Unit: ozView all detailsHide details
Identity
- Project
- La Yaqui Grande
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:3e2a2ea84c4b9d9379cd
Resource Data
- Category
- indicated
- Tonnes
- 1462000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 38000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: La Yaqui Grande's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.038 million ounces in the Indicated category.
- Tonnage of 1.462 million tonnes in the Indicated category.
Evidence · table
“0.80”
Context: 1,462
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredPuerto Del Aire · goldTonnes: 364000Grade: 3.32Grade Unit: g/tContained Metal: 39000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:475e00df02d480a91761
Resource Data
- Category
- measured
- Tonnes
- 364000
- Grade
- 3.32
- Grade Unit
- g/t
- Contained Metal
- 39000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.039 million ounces in the Measured category.
- Tonnage of 0.364 million tonnes in the Measured category.
Evidence · table
“3.32”
Context: 364
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedPuerto Del Aire · goldTonnes: 2039000Grade: 3.52Grade Unit: g/tContained Metal: 230000Contained Unit: ozView all detailsHide details
Identity
- Project
- Puerto Del Aire
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:09e64bc4e388e6a99ac7
Resource Data
- Category
- indicated
- Tonnes
- 2039000
- Grade
- 3.52
- Grade Unit
- g/t
- Contained Metal
- 230000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Puerto Del Aire's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources.
Positive factors
- Significant contained metal of 0.230 million ounces in the Indicated category.
- Tonnage of 2.039 million tonnes in the Indicated category.
Evidence · table
“3.52”
Context: 2,039
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredCerro Pelon · goldTonnes: 238000Grade: 4.91Grade Unit: g/tContained Metal: 38000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cerro Pelon
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:472b9af5204b4f75fad8
Resource Data
- Category
- measured
- Tonnes
- 238000
- Grade
- 4.91
- Grade Unit
- g/t
- Contained Metal
- 38000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Cerro Pelon's Measured gold resources demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall resource base.
Positive factors
- High-grade Measured resources of 4.91 g/t Au indicate strong confidence in the resource.
- Contained metal of 0.038 million ounces in the highest confidence category.
Evidence · table
“4.91”
Context: 238
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedCerro Pelon · goldTonnes: 1153000Grade: 0Grade Unit: g/tContained Metal: 154000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cerro Pelon
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:8cde3856abe01eee7a49
Resource Data
- Category
- indicated
- Tonnes
- 1153000
- Grade
- 0
- Grade Unit
- g/t
- Contained Metal
- 154000
- Contained Unit
- oz
- Cutoff Grade
- 2.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Cerro Pelon's Indicated gold resources show moderate contained metal and tonnage, but the reported zero grade requires further clarification for accurate assessment.
Positive factors
- Contained metal of 0.154 million ounces in the Indicated category.
- Tonnage of 1.153 million tonnes in the Indicated category.
Negative factors
- The reported grade is 0.00 g/t Au, which is unusual for a gold resource and may indicate a data entry error or specific reporting convention.
Evidence · table
“0.00”
Context: 1,153
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedCarricito · goldTonnes: 3356000Grade: 0.75Grade Unit: g/tContained Metal: 80000Contained Unit: ozView all detailsHide details
Identity
- Project
- Carricito
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:008b091338f57d1c2abc
Resource Data
- Category
- indicated
- Tonnes
- 3356000
- Grade
- 0.75
- Grade Unit
- g/t
- Contained Metal
- 80000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Carricito's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.080 million ounces in the Indicated category.
- Tonnage of 3.356 million tonnes in the Indicated category.
Evidence · table
“0.75”
Context: 3,356
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredTotal Mulatos · goldTonnes: 1466000Grade: 2.2Grade Unit: g/tContained Metal: 103000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:9b2448574eedaa81ce3e
Resource Data
- Category
- measured
- Tonnes
- 1466000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 103000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos' Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.103 million ounces in the Measured category.
- Tonnage of 1.466 million tonnes in the Measured category.
Evidence · table
“2.20”
Context: 1,466
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedTotal Mulatos · goldTonnes: 15336000Grade: 1.48Grade Unit: g/tContained Metal: 727000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Mulatos
- Commodity
- gold
- Region
- mexico
- Reported Region
- Sonora State, Mexico
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:cecd25e98485a7546fe4
Resource Data
- Category
- indicated
- Tonnes
- 15336000
- Grade
- 1.48
- Grade Unit
- g/t
- Contained Metal
- 727000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Mulatos' Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources.
Positive factors
- Significant contained metal of 0.727 million ounces in the Indicated category.
- Large tonnage of 15.336 million tonnes in the Indicated category.
Evidence · table
“1.48”
Context: 15,336
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredMacLellan · goldTonnes: 892000Grade: 2.87Grade Unit: g/tContained Metal: 82000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:dae3d658888925d0ec2d
Resource Data
- Category
- measured
- Tonnes
- 892000
- Grade
- 2.87
- Grade Unit
- g/t
- Contained Metal
- 82000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.082 million ounces in the Measured category.
- Tonnage of 0.892 million tonnes in the Measured category.
Evidence · table
“2.87”
Context: 892
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMacLellan · goldTonnes: 7331000Grade: 1.43Grade Unit: g/tContained Metal: 337000Contained Unit: ozView all detailsHide details
Identity
- Project
- MacLellan
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:db312da2d1e117920bb3
Resource Data
- Category
- indicated
- Tonnes
- 7331000
- Grade
- 1.43
- Grade Unit
- g/t
- Contained Metal
- 337000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: MacLellan's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources.
Positive factors
- Significant contained metal of 0.337 million ounces in the Indicated category.
- Large tonnage of 7.331 million tonnes in the Indicated category.
Evidence · table
“1.43”
Context: 7,331
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredGordon · goldTonnes: 104000Grade: 5.55Grade Unit: g/tContained Metal: 19000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gordon
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:2b705076079155429d9f
Resource Data
- Category
- measured
- Tonnes
- 104000
- Grade
- 5.55
- Grade Unit
- g/t
- Contained Metal
- 19000
- Contained Unit
- oz
- Cutoff Grade
- 0.41
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Gordon's Measured gold resources demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall resource base.
Positive factors
- High-grade Measured resources of 5.55 g/t Au indicate strong confidence in the resource.
- Contained metal of 0.019 million ounces in the highest confidence category.
Evidence · table
“5.55”
Context: 104
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedGordon · goldTonnes: 1148000Grade: 2.36Grade Unit: g/tContained Metal: 87000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gordon
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:4b436cf7aa81147dfcef
Resource Data
- Category
- indicated
- Tonnes
- 1148000
- Grade
- 2.36
- Grade Unit
- g/t
- Contained Metal
- 87000
- Contained Unit
- oz
- Cutoff Grade
- 0.41
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Gordon's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources.
Positive factors
- Significant contained metal of 0.087 million ounces in the Indicated category.
- Tonnage of 1.148 million tonnes in the Indicated category.
Evidence · table
“2.36”
Context: 1,148
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredBurnt Timber · goldTonnes: 531000Grade: 1.62Grade Unit: g/tContained Metal: 28000Contained Unit: ozView all detailsHide details
Identity
- Project
- Burnt Timber
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:6b15bcd48a72582c1166
Resource Data
- Category
- measured
- Tonnes
- 531000
- Grade
- 1.62
- Grade Unit
- g/t
- Contained Metal
- 28000
- Contained Unit
- oz
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Burnt Timber's Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material.
Positive factors
- Contained metal of 0.028 million ounces in the Measured category.
- Tonnage of 0.531 million tonnes in the Measured category.
Evidence · table
“1.62”
Context: 531
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedBurnt Timber · goldTonnes: 6497000Grade: 0.87Grade Unit: g/tContained Metal: 181000Contained Unit: ozView all detailsHide details
Identity
- Project
- Burnt Timber
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:27562852cf1d595a1f85
Resource Data
- Category
- indicated
- Tonnes
- 6497000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 181000
- Contained Unit
- oz
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Burnt Timber's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.181 million ounces in the Indicated category.
- Tonnage of 6.497 million tonnes in the Indicated category.
Evidence · table
“0.87”
Context: 6,497
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredLinkwood · goldTonnes: 208000Grade: 1Grade Unit: g/tContained Metal: 7000Contained Unit: ozView all detailsHide details
Identity
- Project
- Linkwood
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:ef3530d465d76b8878e5
Resource Data
- Category
- measured
- Tonnes
- 208000
- Grade
- 1
- Grade Unit
- g/t
- Contained Metal
- 7000
- Contained Unit
- oz
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Linkwood's Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material.
Positive factors
- Contained metal of 0.007 million ounces in the Measured category.
- Tonnage of 0.208 million tonnes in the Measured category.
Evidence · table
“1.00”
Context: 208
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLinkwood · goldTonnes: 5024000Grade: 0.9Grade Unit: g/tContained Metal: 145000Contained Unit: ozView all detailsHide details
Identity
- Project
- Linkwood
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:c43a8320c12b8f79b59e
Resource Data
- Category
- indicated
- Tonnes
- 5024000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 145000
- Contained Unit
- oz
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Linkwood's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources.
Positive factors
- Contained metal of 0.145 million ounces in the Indicated category.
- Tonnage of 5.024 million tonnes in the Indicated category.
Evidence · table
“0.90”
Context: 5,024
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredTotal Lynn Lake · goldTonnes: 1735000Grade: 2.42Grade Unit: g/tContained Metal: 135000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:c10090e5ab2df114f597
Resource Data
- Category
- measured
- Tonnes
- 1735000
- Grade
- 2.42
- Grade Unit
- g/t
- Contained Metal
- 135000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Lynn Lake's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource.
Positive factors
- Contained metal of 0.135 million ounces in the Measured category.
- Tonnage of 1.735 million tonnes in the Measured category.
Evidence · table
“2.42”
Context: 1,735
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedTotal Lynn Lake · goldTonnes: 20000000Grade: 1.17Grade Unit: g/tContained Metal: 750000Contained Unit: ozView all detailsHide details
Identity
- Project
- Total Lynn Lake
- Commodity
- gold
- Region
- canada_mb
- Reported Region
- Manitoba, Canada
- Ticker
- AGI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP
- Resource group id
- resource:d423e8c1a3ab30ab185a
Resource Data
- Category
- indicated
- Tonnes
- 20000000
- Grade
- 1.17
- Grade Unit
- g/t
- Contained Metal
- 750000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2025-12-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-17T00:00:00.000Z
Reasoning: Total Lynn Lake's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources.
Positive factors
- Significant contained metal of 0.750 million ounces in the Indicated category.
- Large tonnage of 20.000 million tonnes in the Indicated category.
Evidence · table
“1.17”
Context: 20,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.