Aldebaran PEA for the Altar Project Reports 48 Year Mine Life, After Tax NPV (8%) of US$2 Billion, and 20.5% IRR
Original announcement by tmx on
- Company
- Aldebaran Resources Inc.
- Ticker
- ALDE
- Exchange
- TSX
- Region
- San Juan, Argentina
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver, Molybdenum, Arsenic
- Document categories
- Resource update, Metallurgy, Other
- Extracted
- 2026-09-13 11:22:28 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Aldebaran Resources announced a Preliminary Economic Assessment (PEA) for its Altar copper-gold project in San Juan, Argentina, revealing robust economics with an after-tax NPV (8%) of US$2 billion and an IRR of 20.5% over a 48-year mine life. The study outlines a combined open pit and underground operation with average annual production of 101,413 tonnes copper equivalent (CuEq) and competitive C1 cash costs of $2.02/lb payable Cu. The PEA is based on an updated Mineral Resource Estimate, with approximately 80% of the mine plan resources categorized as Measured and Indicated, and also explores a Nuton Technology processing alternative.
Reasoning: The Preliminary Economic Assessment (PEA) for the Altar copper-gold project demonstrates robust economics with a high NPV and IRR, supported by a long mine life and significant production. The underlying Mineral Resource Estimate (MRE) has a high proportion of Measured and Indicated resources. While copper recovery is strong, gold and silver recoveries are low, and arsenic in concentrate presents a potential penalty risk.
Positive factors
- High after-tax NPV (8%) of US$2 billion and IRR of 20.5% for the project
- Long mine life of 48 years with significant average annual production of 101,413 tonnes CuEq
- Attractive initial capital of US$1.59 billion with a NPV/Initial Capex ratio of 1.27x
- Competitive C1 Cash Costs of $2.02/lb payable Cu LOM and AISC of $2.59/lb payable Cu LOM
- Combined open pit and underground operation maximizes value by pulling forward higher-grade material
- High proportion of resources (80%) in the mine plan are in Measured and Indicated categories
- Potential for Nuton Technology to reduce LOM capital and operating costs, and eliminate tailings dam
- Copper recovery of 87.76% for the flotation circuit is strong for a porphyry deposit
Negative factors
- Gold recovery of 57% and silver recovery of 50% from the flotation circuit are low
- Arsenic is present in the concentrate (0.5% to 2.2%), potentially incurring penalties
- The PEA includes Inferred Mineral Resources, which are considered speculative
- Nuton Technology does not recover precious metals (gold and silver)
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 127
Classification and evidence
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: The Qualified Persons for the mineral resources are John Marek RM-SME, and Jacob Richey PE, of Independent Mining Consultants, Inc.
Evidence · text
“The Qualified Persons for the mineral resources are John Marek RM-SME, and Jacob Richey PE, of Independent Mining Consultants, Inc.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The PEA was prepared in accordance with National Instrument 43-101 standards.
Evidence · text
“prepared in accordance with National Instrument 43-101 standards”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The resource estimate uses a $13.99 NSR Cut-off (0.24% CuEq).
Evidence · text
“$13.99 NSR Cut-off (0.24% CuEq)”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The Company announced an updated mineral resource estimate for the Altar project.
Evidence · text
“On November 25, 2024, the Company announced an updated mineral resource estimate (“MRE”) for the Altar project”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The PEA is based on the updated MRE.
Evidence · text
“The PEA is based on the MRE”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The resource estimate includes Measured category resources for various commodities.
Evidence · table
“Measured”
Context: Supergene
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource estimate includes Indicated category resources for various commodities.
Evidence · table
“Indicated”
Context: Supergene
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource estimate includes Inferred category resources for various commodities, and the PEA includes Inferred Mineral Resources that are considered too speculative geologically.
Evidence · text
“The PEA is preliminary in nature, as it includes Inferred Mineral Resources that are considered too speculative geologically”
Deleterious Elements Presentnegative · Story-specific tag
A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.
Why it applies: Arsenic grades are reported in the mineral resource estimate and arsenic in the concentrate is expected to range from 0.5% to 2.2%.
Evidence · text
“Arsenic in the concentrate is expected to range from 0.5% to 2.2%”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: LOM Cu Recovery is 87.76% for the flotation circuit, which is strong for a porphyry deposit.
Evidence · table
“87.76%”
Context: LOM Cu Recovery
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: LOM Au Recovery is 57.00% and LOM Ag Recovery is 50.00% for the flotation circuit, which are weak/red flag for a porphyry deposit.
Evidence · table
“57.00%”
Context: LOM Au Recovery
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The PEA envisions processing via a conventional copper flotation circuit.
Evidence · text
“processing via a conventional copper flotation circuit”
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: The Nuton Case utilizes a bio-leach heap leaching process.
Evidence · text
“bio-leach heap leaching process targeting the leaching of primary and secondary copper sulfide minerals”
Experimental Processnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Nuton Technology is described as a 'proprietary sulphide leaching technologies' and there is 'no commercial agreement' yet.
Evidence · text
“Nuton ® Technology, a suite of proprietary sulphide leaching technologies”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: 2 distinct composites were tested
Extracted facts
Stored fact records: 127. Some facts used in scoring do not have a stored record.
Resource Estimates (124)
measuredAltar · copperTonnes: 121884000Grade: 0.55Grade Unit: %Contained Metal: 1475Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:26d5465a63befd667b44
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 121884000
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 1475
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base.
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“0.55”
Context: 121,884
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 121884000Grade: 0.08Grade Unit: g/tContained Metal: 0.3Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:26d5465a63befd667b44
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 121884000
- Grade
- 0.08
- Grade Unit
- g/t
- Contained Metal
- 0.3
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured gold resource in the Supergene zone is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Gold grade of 0.08 g/t is weak for a porphyry deposit
Evidence · table
“0.08”
Context: 121,884
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 121884000Grade: 1.07Grade Unit: g/tContained Metal: 4.2Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:26d5465a63befd667b44
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 121884000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 4.2
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured silver resource in the Supergene zone is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Silver grade of 1.07 g/t is weak for a porphyry deposit
Evidence · table
“1.07”
Context: 121,884
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 121884000Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:26d5465a63befd667b44
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 121884000
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured molybdenum resource in the Supergene zone is of high confidence but represents a trace element.
Positive factors
- High confidence Measured category
Evidence · table
“21”
Context: 121,884
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · arsenicTonnes: 121884000Grade: 289Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:26d5465a63befd667b44
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 121884000
- Grade
- 289
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured arsenic resource in the Supergene zone is of high confidence but represents a deleterious element.
Positive factors
- High confidence Measured category
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“289”
Context: 121,884
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 80007000Grade: 0.36Grade Unit: %Contained Metal: 639Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4d0971d5fc45cf08eddd
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 639
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“0.36”
Context: 80,007
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 80007000Grade: 0.06Grade Unit: g/tContained Metal: 0.2Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4d0971d5fc45cf08eddd
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007000
- Grade
- 0.06
- Grade Unit
- g/t
- Contained Metal
- 0.2
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated gold resource in the Supergene zone is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Gold grade of 0.06 g/t is weak for a porphyry deposit
Evidence · table
“0.06”
Context: 80,007
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 80007000Grade: 0.93Grade Unit: g/tContained Metal: 2.4Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4d0971d5fc45cf08eddd
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007000
- Grade
- 0.93
- Grade Unit
- g/t
- Contained Metal
- 2.4
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated silver resource in the Supergene zone is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Silver grade of 0.93 g/t is weak for a porphyry deposit
Evidence · table
“0.93”
Context: 80,007
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 80007000Grade: 19Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4d0971d5fc45cf08eddd
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007000
- Grade
- 19
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated molybdenum resource in the Supergene zone is of reasonable confidence but represents a trace element.
Positive factors
- Indicated category provides reasonable geological confidence
Evidence · table
“19”
Context: 80,007
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · arsenicTonnes: 80007000Grade: 123Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4d0971d5fc45cf08eddd
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007000
- Grade
- 123
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated arsenic resource in the Supergene zone is of reasonable confidence but represents a deleterious element.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“123”
Context: 80,007
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 24850000Grade: 0.46Grade Unit: %Contained Metal: 251Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f6cb1e1160263f039a8a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850000
- Grade
- 0.46
- Grade Unit
- %
- Contained Metal
- 251
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“0.46”
Context: 24,850
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 24850000Grade: 0.07Grade Unit: g/tContained Metal: 0.1Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f6cb1e1160263f039a8a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850000
- Grade
- 0.07
- Grade Unit
- g/t
- Contained Metal
- 0.1
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred gold resource in the Supergene zone is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Gold grade of 0.07 g/t is weak for a porphyry deposit
Evidence · table
“0.07”
Context: 24,850
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 24850000Grade: 1.01Grade Unit: g/tContained Metal: 0.8Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f6cb1e1160263f039a8a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850000
- Grade
- 1.01
- Grade Unit
- g/t
- Contained Metal
- 0.8
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred silver resource in the Supergene zone is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Silver grade of 1.01 g/t is weak for a porphyry deposit
Evidence · table
“1.01”
Context: 24,850
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 24850000Grade: 19Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f6cb1e1160263f039a8a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850000
- Grade
- 19
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred molybdenum resource in the Supergene zone is speculative and represents a trace element.
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“19”
Context: 24,850
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · arsenicTonnes: 24850000Grade: 213Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f6cb1e1160263f039a8a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850000
- Grade
- 213
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred arsenic resource in the Supergene zone is speculative and represents a deleterious element.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“213”
Context: 24,850
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 109510000Grade: 0.38Grade Unit: %Contained Metal: 913Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8056e5bf954740c52054
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 109510000
- Grade
- 0.38
- Grade Unit
- %
- Contained Metal
- 913
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Mixed zone provides high confidence and a moderate grade, contributing to the project's resource base.
Positive factors
- High confidence Measured category
- Copper grade of 0.38% is moderate for a porphyry deposit
Evidence · table
“0.38”
Context: 109,510
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 109510000Grade: 0.07Grade Unit: g/tContained Metal: 0.2Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8056e5bf954740c52054
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 109510000
- Grade
- 0.07
- Grade Unit
- g/t
- Contained Metal
- 0.2
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured gold resource in the Mixed zone is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Gold grade of 0.07 g/t is weak for a porphyry deposit
Evidence · table
“0.07”
Context: 109,510
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 109510000Grade: 1.22Grade Unit: g/tContained Metal: 4.3Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8056e5bf954740c52054
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 109510000
- Grade
- 1.22
- Grade Unit
- g/t
- Contained Metal
- 4.3
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured silver resource in the Mixed zone is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Silver grade of 1.22 g/t is weak for a porphyry deposit
Evidence · table
“1.22”
Context: 109,510
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 109510000Grade: 23Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8056e5bf954740c52054
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 109510000
- Grade
- 23
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured molybdenum resource in the Mixed zone is of high confidence but represents a trace element.
Positive factors
- High confidence Measured category
Evidence · table
“23”
Context: 109,510
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · arsenicTonnes: 109510000Grade: 192Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8056e5bf954740c52054
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 109510000
- Grade
- 192
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured arsenic resource in the Mixed zone is of high confidence but represents a deleterious element.
Positive factors
- High confidence Measured category
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“192”
Context: 109,510
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 19208000Grade: 0.32Grade Unit: %Contained Metal: 136Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:e85164374afd06abc688
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208000
- Grade
- 0.32
- Grade Unit
- %
- Contained Metal
- 136
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Mixed zone provides reasonable confidence and a moderate grade, contributing to the project's resource base.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.32% is moderate for a porphyry deposit
Evidence · table
“0.32”
Context: 19,208
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 19208000Grade: 0.06Grade Unit: g/tContained Metal: 0Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:e85164374afd06abc688
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208000
- Grade
- 0.06
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated gold resource in the Mixed zone is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Gold grade of 0.06 g/t is weak for a porphyry deposit
Evidence · table
“0.06”
Context: 19,208
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 19208000Grade: 1.11Grade Unit: g/tContained Metal: 0.7Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:e85164374afd06abc688
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208000
- Grade
- 1.11
- Grade Unit
- g/t
- Contained Metal
- 0.7
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated silver resource in the Mixed zone is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Silver grade of 1.11 g/t is weak for a porphyry deposit
Evidence · table
“1.11”
Context: 19,208
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 19208000Grade: 23Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:e85164374afd06abc688
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208000
- Grade
- 23
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated molybdenum resource in the Mixed zone is of reasonable confidence but represents a trace element.
Positive factors
- Indicated category provides reasonable geological confidence
Evidence · table
“23”
Context: 19,208
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · arsenicTonnes: 19208000Grade: 139Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:e85164374afd06abc688
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208000
- Grade
- 139
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated arsenic resource in the Mixed zone is of reasonable confidence but represents a deleterious element.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“139”
Context: 19,208
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 1386000Grade: 0.29Grade Unit: %Contained Metal: 9Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5b7344d1ac2aabf24ba0
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386000
- Grade
- 0.29
- Grade Unit
- %
- Contained Metal
- 9
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Mixed zone is speculative due to lower geological confidence, despite a moderate grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Copper grade of 0.29% is moderate for a porphyry deposit
Evidence · table
“0.29”
Context: 1,386
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 1386000Grade: 0.07Grade Unit: g/tContained Metal: 0Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5b7344d1ac2aabf24ba0
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386000
- Grade
- 0.07
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred gold resource in the Mixed zone is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Gold grade of 0.07 g/t is weak for a porphyry deposit
Evidence · table
“0.07”
Context: 1,386
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 1386000Grade: 1Grade Unit: g/tContained Metal: 0Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5b7344d1ac2aabf24ba0
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386000
- Grade
- 1
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred silver resource in the Mixed zone is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Silver grade of 1.00 g/t is weak for a porphyry deposit
Evidence · table
“1.00”
Context: 1,386
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 1386000Grade: 13Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5b7344d1ac2aabf24ba0
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386000
- Grade
- 13
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred molybdenum resource in the Mixed zone is speculative and represents a trace element.
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“13”
Context: 1,386
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · arsenicTonnes: 1386000Grade: 111Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5b7344d1ac2aabf24ba0
- Deposit or zone
- Mixed
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386000
- Grade
- 111
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred arsenic resource in the Mixed zone is speculative and represents a deleterious element.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“111”
Context: 1,386
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 549385000Grade: 0.41Grade Unit: %Contained Metal: 4966Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:485d56586ecba72171b0
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 549385000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 4966
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Hypogene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base.
Positive factors
- High confidence Measured category
- Copper grade of 0.41% is moderate for a porphyry deposit
Evidence · table
“0.41”
Context: 549,385
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 549385000Grade: 0.1Grade Unit: g/tContained Metal: 1.7Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:485d56586ecba72171b0
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 549385000
- Grade
- 0.1
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured gold resource in the Hypogene zone is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Gold grade of 0.10 g/t is weak for a porphyry deposit
Evidence · table
“0.10”
Context: 549,385
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 549385000Grade: 0.98Grade Unit: g/tContained Metal: 17.3Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:485d56586ecba72171b0
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 549385000
- Grade
- 0.98
- Grade Unit
- g/t
- Contained Metal
- 17.3
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured silver resource in the Hypogene zone is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Silver grade of 0.98 g/t is weak for a porphyry deposit
Evidence · table
“0.98”
Context: 549,385
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 549385000Grade: 20Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:485d56586ecba72171b0
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 549385000
- Grade
- 20
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured molybdenum resource in the Hypogene zone is of high confidence but represents a trace element.
Positive factors
- High confidence Measured category
Evidence · table
“20”
Context: 549,385
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · arsenicTonnes: 549385000Grade: 120Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:485d56586ecba72171b0
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 549385000
- Grade
- 120
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Measured arsenic resource in the Hypogene zone is of high confidence but represents a deleterious element.
Positive factors
- High confidence Measured category
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“120”
Context: 549,385
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 1517339000Grade: 0.42Grade Unit: %Contained Metal: 13882Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5f4a22b0c3d46b100b58
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339000
- Grade
- 0.42
- Grade Unit
- %
- Contained Metal
- 13882
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Hypogene zone provides reasonable confidence and a moderate grade, contributing significantly to the project's overall resource base.
Positive factors
- Indicated category provides reasonable geological confidence
- Copper grade of 0.42% is moderate for a porphyry deposit
Evidence · table
“0.42”
Context: 1,517,339
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 1517339000Grade: 0.05Grade Unit: g/tContained Metal: 2.6Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5f4a22b0c3d46b100b58
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339000
- Grade
- 0.05
- Grade Unit
- g/t
- Contained Metal
- 2.6
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated gold resource in the Hypogene zone is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Gold grade of 0.05 g/t is weak for a porphyry deposit
Evidence · table
“0.05”
Context: 1,517,339
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 1517339000Grade: 1.33Grade Unit: g/tContained Metal: 64.9Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5f4a22b0c3d46b100b58
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339000
- Grade
- 1.33
- Grade Unit
- g/t
- Contained Metal
- 64.9
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated silver resource in the Hypogene zone is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Silver grade of 1.33 g/t is weak for a porphyry deposit
Evidence · table
“1.33”
Context: 1,517,339
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 1517339000Grade: 54Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5f4a22b0c3d46b100b58
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339000
- Grade
- 54
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated molybdenum resource in the Hypogene zone is of reasonable confidence but represents a trace element.
Positive factors
- Indicated category provides reasonable geological confidence
Evidence · table
“54”
Context: 1,517,339
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · arsenicTonnes: 1517339000Grade: 114Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:5f4a22b0c3d46b100b58
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339000
- Grade
- 114
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Indicated arsenic resource in the Hypogene zone is of reasonable confidence but represents a deleterious element.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“114”
Context: 1,517,339
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 1189513000Grade: 0.37Grade Unit: %Contained Metal: 9572Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:20c52bf231e29df2262e
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 9572
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Hypogene zone is speculative due to lower geological confidence, despite a moderate grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Copper grade of 0.37% is moderate for a porphyry deposit
Evidence · table
“0.37”
Context: 1,189,513
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 1189513000Grade: 0.04Grade Unit: g/tContained Metal: 1.6Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:20c52bf231e29df2262e
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513000
- Grade
- 0.04
- Grade Unit
- g/t
- Contained Metal
- 1.6
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred gold resource in the Hypogene zone is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Gold grade of 0.04 g/t is weak for a porphyry deposit
Evidence · table
“0.04”
Context: 1,189,513
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 1189513000Grade: 1.26Grade Unit: g/tContained Metal: 48.2Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:20c52bf231e29df2262e
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513000
- Grade
- 1.26
- Grade Unit
- g/t
- Contained Metal
- 48.2
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred silver resource in the Hypogene zone is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Silver grade of 1.26 g/t is weak for a porphyry deposit
Evidence · table
“1.26”
Context: 1,189,513
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 1189513000Grade: 46Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:20c52bf231e29df2262e
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513000
- Grade
- 46
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred molybdenum resource in the Hypogene zone is speculative and represents a trace element.
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“46”
Context: 1,189,513
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · arsenicTonnes: 1189513000Grade: 96Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:20c52bf231e29df2262e
- Deposit or zone
- Hypogene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513000
- Grade
- 96
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The Inferred arsenic resource in the Hypogene zone is speculative and represents a deleterious element.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“96”
Context: 1,189,513
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 780779000Grade: 0.43Grade Unit: %Contained Metal: 7354Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4690e26742259d788f3d
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779000
- Grade
- 0.43
- Grade Unit
- %
- Contained Metal
- 7354
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This total Measured resource for copper provides high confidence and a moderate grade, forming a significant part of the project's resource base.
Positive factors
- High confidence Measured category
- Copper grade of 0.43% is moderate for a porphyry deposit
Evidence · table
“0.43”
Context: 780,779
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 780779000Grade: 0.09Grade Unit: g/tContained Metal: 2.3Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4690e26742259d788f3d
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779000
- Grade
- 0.09
- Grade Unit
- g/t
- Contained Metal
- 2.3
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Measured gold resource is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Gold grade of 0.09 g/t is weak for a porphyry deposit
Evidence · table
“0.09”
Context: 780,779
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 780779000Grade: 1.03Grade Unit: g/tContained Metal: 25.8Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4690e26742259d788f3d
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779000
- Grade
- 1.03
- Grade Unit
- g/t
- Contained Metal
- 25.8
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Measured silver resource is of high confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- High confidence Measured category
Negative factors
- Silver grade of 1.03 g/t is weak for a porphyry deposit
Evidence · table
“1.03”
Context: 780,779
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 780779000Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4690e26742259d788f3d
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779000
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Measured molybdenum resource is of high confidence but represents a trace element.
Positive factors
- High confidence Measured category
Evidence · table
“21”
Context: 780,779
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · arsenicTonnes: 780779000Grade: 156Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:4690e26742259d788f3d
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779000
- Grade
- 156
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Measured arsenic resource is of high confidence but represents a deleterious element.
Positive factors
- High confidence Measured category
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“156”
Context: 780,779
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 1616554000Grade: 0.41Grade Unit: %Contained Metal: 14657Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8ede59357d3a64550ec0
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 14657
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This total Indicated resource for copper provides reasonable confidence and a moderate grade, forming a significant part of the project's resource base.
Positive factors
- Indicated category provides reasonable geological confidence
- Copper grade of 0.41% is moderate for a porphyry deposit
Evidence · table
“0.41”
Context: 1,616,554
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 1616554000Grade: 0.05Grade Unit: g/tContained Metal: 2.8Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8ede59357d3a64550ec0
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554000
- Grade
- 0.05
- Grade Unit
- g/t
- Contained Metal
- 2.8
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Indicated gold resource is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Gold grade of 0.05 g/t is weak for a porphyry deposit
Evidence · table
“0.05”
Context: 1,616,554
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 1616554000Grade: 1.31Grade Unit: g/tContained Metal: 68Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8ede59357d3a64550ec0
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554000
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 68
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Indicated silver resource is of reasonable confidence but the grade is relatively low for a porphyry deposit.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Silver grade of 1.31 g/t is weak for a porphyry deposit
Evidence · table
“1.31”
Context: 1,616,554
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 1616554000Grade: 52Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8ede59357d3a64550ec0
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554000
- Grade
- 52
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Indicated molybdenum resource is of reasonable confidence but represents a trace element.
Positive factors
- Indicated category provides reasonable geological confidence
Evidence · table
“52”
Context: 1,616,554
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · arsenicTonnes: 1616554000Grade: 115Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:8ede59357d3a64550ec0
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554000
- Grade
- 115
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Indicated arsenic resource is of reasonable confidence but represents a deleterious element.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“115”
Context: 1,616,554
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 1215749000Grade: 0.37Grade Unit: %Contained Metal: 9832Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d0374a14b1f6dbf57152
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 9832
- Contained Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This total Inferred resource for copper is speculative due to lower geological confidence, despite a moderate grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Copper grade of 0.37% is moderate for a porphyry deposit
Evidence · table
“0.37”
Context: 1,215,749
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 1215749000Grade: 0.04Grade Unit: g/tContained Metal: 1.7Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d0374a14b1f6dbf57152
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749000
- Grade
- 0.04
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Inferred gold resource is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Gold grade of 0.04 g/t is weak for a porphyry deposit
Evidence · table
“0.04”
Context: 1,215,749
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 1215749000Grade: 1.25Grade Unit: g/tContained Metal: 49Contained Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d0374a14b1f6dbf57152
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749000
- Grade
- 1.25
- Grade Unit
- g/t
- Contained Metal
- 49
- Contained Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Inferred silver resource is speculative and has a low grade.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Silver grade of 1.25 g/t is weak for a porphyry deposit
Evidence · table
“1.25”
Context: 1,215,749
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 1215749000Grade: 45Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d0374a14b1f6dbf57152
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749000
- Grade
- 45
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Inferred molybdenum resource is speculative and represents a trace element.
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“45”
Context: 1,215,749
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · arsenicTonnes: 1215749000Grade: 98Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d0374a14b1f6dbf57152
- Deposit or zone
- Total
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749000
- Grade
- 98
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The total Inferred arsenic resource is speculative and represents a deleterious element.
Negative factors
- Inferred category is speculative and has lower geological confidence
- Arsenic is a deleterious element that can incur penalties
Evidence · table
“98”
Context: 1,215,749
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 121884Grade: 1475Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:288cfdf6f2e47f0e501a
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Supergene
Resource Data
- Category
- measured
- Tonnes
- 121884
- Grade
- 1475
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“1,475”
Context: 121,884
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 121884Grade: 0.3Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:288cfdf6f2e47f0e501a
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Supergene
Resource Data
- Category
- measured
- Tonnes
- 121884
- Grade
- 0.3
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“0.3”
Context: 121,884
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 121884Grade: 4.2Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:288cfdf6f2e47f0e501a
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Supergene
Resource Data
- Category
- measured
- Tonnes
- 121884
- Grade
- 4.2
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“4.2”
Context: 121,884
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 121884Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:288cfdf6f2e47f0e501a
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Supergene
Resource Data
- Category
- measured
- Tonnes
- 121884
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“21”
Context: 121,884
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 80007Grade: 639Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:ba38c7b8b5d437b9fe3c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007
- Grade
- 639
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“639”
Context: 80,007
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 80007Grade: 0.2Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:ba38c7b8b5d437b9fe3c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007
- Grade
- 0.2
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“0.2”
Context: 80,007
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 80007Grade: 2.4Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:ba38c7b8b5d437b9fe3c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007
- Grade
- 2.4
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“2.4”
Context: 80,007
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 80007Grade: 19Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:ba38c7b8b5d437b9fe3c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 80007
- Grade
- 19
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“19”
Context: 80,007
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 201891Grade: 2114Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:46fa57c222cb00974b77
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 201891
- Grade
- 2114
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“2,114”
Context: 201,891
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 201891Grade: 0.5Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:46fa57c222cb00974b77
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 201891
- Grade
- 0.5
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“0.5”
Context: 201,891
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 201891Grade: 6.6Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:46fa57c222cb00974b77
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 201891
- Grade
- 6.6
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“6.6”
Context: 201,891
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 201891Grade: 20Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:46fa57c222cb00974b77
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 201891
- Grade
- 20
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“20”
Context: 201,891
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 24850Grade: 251Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:cf264df8776e9c77db6a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850
- Grade
- 251
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“251”
Context: 24,850
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 24850Grade: 0.1Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:cf264df8776e9c77db6a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850
- Grade
- 0.1
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“0.1”
Context: 24,850
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 24850Grade: 0.8Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:cf264df8776e9c77db6a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850
- Grade
- 0.8
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“0.8”
Context: 24,850
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 24850Grade: 19Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:cf264df8776e9c77db6a
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 24850
- Grade
- 19
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“19”
Context: 24,850
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 109510Grade: 913Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:44fbf43970d1d65dad88
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- mixed
Resource Data
- Category
- measured
- Tonnes
- 109510
- Grade
- 913
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“913”
Context: 109,510
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 109510Grade: 0.2Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:44fbf43970d1d65dad88
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- mixed
Resource Data
- Category
- measured
- Tonnes
- 109510
- Grade
- 0.2
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“0.2”
Context: 109,510
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 109510Grade: 4.3Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:44fbf43970d1d65dad88
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- mixed
Resource Data
- Category
- measured
- Tonnes
- 109510
- Grade
- 4.3
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“4.3”
Context: 109,510
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 109510Grade: 23Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:44fbf43970d1d65dad88
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- mixed
Resource Data
- Category
- measured
- Tonnes
- 109510
- Grade
- 23
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“23”
Context: 109,510
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 19208Grade: 136Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:42b2103646baf534735c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208
- Grade
- 136
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“136”
Context: 19,208
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 19208Grade: 0Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:42b2103646baf534735c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208
- Grade
- 0
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“0.0”
Context: 19,208
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 19208Grade: 0.7Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:42b2103646baf534735c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208
- Grade
- 0.7
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“0.7”
Context: 19,208
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 19208Grade: 23Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:42b2103646baf534735c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 19208
- Grade
- 23
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“23”
Context: 19,208
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 128718Grade: 1049Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:92981b7ec35d064146cd
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 128718
- Grade
- 1049
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“1,049”
Context: 128,718
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 128718Grade: 0.3Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:92981b7ec35d064146cd
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 128718
- Grade
- 0.3
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“0.3”
Context: 128,718
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 128718Grade: 5Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:92981b7ec35d064146cd
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 128718
- Grade
- 5
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“5.0”
Context: 128,718
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 128718Grade: 23Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:92981b7ec35d064146cd
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 128718
- Grade
- 23
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“23”
Context: 128,718
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 1386Grade: 9Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0404f42ee8a0118960e5
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386
- Grade
- 9
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“9”
Context: 1,386
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 1386Grade: 0Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0404f42ee8a0118960e5
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386
- Grade
- 0
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“0.0”
Context: 1,386
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 1386Grade: 0Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0404f42ee8a0118960e5
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386
- Grade
- 0
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“0.0”
Context: 1,386
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 1386Grade: 13Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0404f42ee8a0118960e5
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1386
- Grade
- 13
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“13”
Context: 1,386
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 549385Grade: 4966Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f40b20dc7da62ddbf423
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Hypogene
Resource Data
- Category
- measured
- Tonnes
- 549385
- Grade
- 4966
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“4,966”
Context: 549,385
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 549385Grade: 1.7Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f40b20dc7da62ddbf423
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Hypogene
Resource Data
- Category
- measured
- Tonnes
- 549385
- Grade
- 1.7
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“1.7”
Context: 549,385
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 549385Grade: 17.3Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f40b20dc7da62ddbf423
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Hypogene
Resource Data
- Category
- measured
- Tonnes
- 549385
- Grade
- 17.3
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“17.3”
Context: 549,385
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 549385Grade: 20Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:f40b20dc7da62ddbf423
- Deposit or zone
- Supergene
- Mining method
- combined
- Material type
- Hypogene
Resource Data
- Category
- measured
- Tonnes
- 549385
- Grade
- 20
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“20”
Context: 549,385
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 1517339Grade: 13882Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:9df6b19318521e51c128
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339
- Grade
- 13882
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“13,882”
Context: 1,517,339
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 1517339Grade: 2.6Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:9df6b19318521e51c128
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339
- Grade
- 2.6
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“2.6”
Context: 1,517,339
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 1517339Grade: 64.9Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:9df6b19318521e51c128
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339
- Grade
- 64.9
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“64.9”
Context: 1,517,339
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 1517339Grade: 54Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:9df6b19318521e51c128
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1517339
- Grade
- 54
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“54”
Context: 1,517,339
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 2066724Grade: 18848Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:b01ac1c5a5756813282a
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2066724
- Grade
- 18848
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“18,848”
Context: 2,066,724
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 2066724Grade: 4.3Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:b01ac1c5a5756813282a
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2066724
- Grade
- 4.3
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“4.3”
Context: 2,066,724
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 2066724Grade: 82.2Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:b01ac1c5a5756813282a
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2066724
- Grade
- 82.2
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“82.2”
Context: 2,066,724
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 2066724Grade: 45Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:b01ac1c5a5756813282a
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2066724
- Grade
- 45
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“45”
Context: 2,066,724
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 1189513Grade: 9572Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c92e078a52230ab4317c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513
- Grade
- 9572
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“9,572”
Context: 1,189,513
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 1189513Grade: 1.6Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c92e078a52230ab4317c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513
- Grade
- 1.6
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“1.6”
Context: 1,189,513
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 1189513Grade: 48.2Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c92e078a52230ab4317c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513
- Grade
- 48.2
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“48.2”
Context: 1,189,513
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 1189513Grade: 46Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c92e078a52230ab4317c
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1189513
- Grade
- 46
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“46”
Context: 1,189,513
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · copperTonnes: 780779Grade: 7354Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d4fdc73c17c349ed7fb8
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779
- Grade
- 7354
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“7,354”
Context: 780,779
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · goldTonnes: 780779Grade: 2.3Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d4fdc73c17c349ed7fb8
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779
- Grade
- 2.3
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“2.3”
Context: 780,779
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · silverTonnes: 780779Grade: 25.8Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d4fdc73c17c349ed7fb8
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779
- Grade
- 25.8
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“25.8”
Context: 780,779
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredAltar · molybdenumTonnes: 780779Grade: 21Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:d4fdc73c17c349ed7fb8
- Mining method
- combined
Resource Data
- Category
- measured
- Tonnes
- 780779
- Grade
- 21
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Measured resource for copper in the Supergene zone provides high confidence and a moderate grade, contributing significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Copper grade of 0.55% is moderate for a porphyry deposit
Evidence · table
“21”
Context: 780,779
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 1616554Grade: 14657Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c7525cd95d350a28f842
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554
- Grade
- 14657
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“14,657”
Context: 1,616,554
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 1616554Grade: 2.8Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c7525cd95d350a28f842
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554
- Grade
- 2.8
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“2.8”
Context: 1,616,554
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 1616554Grade: 68Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c7525cd95d350a28f842
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554
- Grade
- 68
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“68.0”
Context: 1,616,554
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 1616554Grade: 52Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:c7525cd95d350a28f842
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1616554
- Grade
- 52
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“52”
Context: 1,616,554
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · copperTonnes: 2397333Grade: 22011Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:703529f5235c265b39b1
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2397333
- Grade
- 22011
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“22,011”
Context: 2,397,333
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · goldTonnes: 2397333Grade: 5.1Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:703529f5235c265b39b1
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2397333
- Grade
- 5.1
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“5.1”
Context: 2,397,333
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · silverTonnes: 2397333Grade: 93.8Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:703529f5235c265b39b1
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2397333
- Grade
- 93.8
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“93.8”
Context: 2,397,333
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedAltar · molybdenumTonnes: 2397333Grade: 42Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:703529f5235c265b39b1
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2397333
- Grade
- 42
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Indicated resource for copper in the Supergene zone provides reasonable confidence and a moderate grade, contributing to the project's resource base. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Copper grade of 0.36% is moderate for a porphyry deposit
Evidence · table
“42”
Context: 2,397,333
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · copperTonnes: 1215749Grade: 9832Grade Unit: m lbsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0895fb4484450a021a17
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749
- Grade
- 9832
- Grade Unit
- m lbs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“9,832”
Context: 1,215,749
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · goldTonnes: 1215749Grade: 1.7Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0895fb4484450a021a17
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749
- Grade
- 1.7
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“1.7”
Context: 1,215,749
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · silverTonnes: 1215749Grade: 49Grade Unit: m ozsView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0895fb4484450a021a17
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749
- Grade
- 49
- Grade Unit
- m ozs
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“49.0”
Context: 1,215,749
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredAltar · molybdenumTonnes: 1215749Grade: 45Grade Unit: ppmView all detailsHide details
Identity
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- John Marek RM-SME, Jacob Richey PE
- Resource group id
- resource:0895fb4484450a021a17
- Deposit or zone
- Supergene
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1215749
- Grade
- 45
- Grade Unit
- ppm
- Cutoff Grade
- 0.24
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2024-11-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: This Inferred resource for copper in the Supergene zone is speculative due to lower geological confidence, despite a moderate grade. (Expanded from multi-commodity resource table for completeness.)
Negative factors
- Inferred category is speculative and has lower geological confidence
Evidence · table
“45”
Context: 1,215,749
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 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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Metallurgical Results (3)
heap leachAltar · copperRecovery: 84 %View all detailsHide details
Identity
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Test Work
- Test Type
- heap leach
- Processing Route
- bio-leach heap leaching process
- Sample
- supergene material
Recovery
- Recovery
- 84 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The estimated copper recovery of 84% for supergene material via bio-leach heap leaching is strong, offering a viable alternative with environmental benefits, though precious metals are not recovered.
Positive factors
- Copper recovery of 84% for heap leach is strong/moderate
- Nuton Technology offers ESG benefits and eliminates tailings dam
Negative factors
- Nuton Technology does not recover precious metals
- No commercial agreement for Nuton Technology yet
Evidence · text
“estimated copper recoveries from hypogene, mixed and supergene material at 79%, 81% and 84%, respectively.”
Tags used in scoring
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: processing_route matches the heap_leach signal
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 84% is at or above the exceptional band (80%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationAltar · goldRecovery: 57 %Head Grade: 0.07Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Test Work
- Test Type
- flotation
- Processing Route
- conventional copper flotation circuit
- Sample
- LOM average
Recovery
- Recovery
- 57 %
- Recovery Basis
- actual_test
- Head Grade
- 0.07
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The LOM gold recovery of 57% through a conventional flotation circuit is low, indicating significant metal loss.
Negative factors
- Low recovery for gold via flotation (57%) is weak/red flag for a porphyry deposit
Evidence · table
“57.00%”
Context: LOM Au Recovery
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: 57% is below the weak band (80%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationAltar · silverRecovery: 50 %Head Grade: 1.18Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Test Work
- Test Type
- flotation
- Processing Route
- conventional copper flotation circuit
- Sample
- LOM average
Recovery
- Recovery
- 50 %
- Recovery Basis
- actual_test
- Head Grade
- 1.18
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-30T00:00:00.000Z
Reasoning: The LOM silver recovery of 50% through a conventional flotation circuit is low, indicating significant metal loss.
Negative factors
- Low recovery for silver via flotation (50%) is weak/red flag for a porphyry deposit
Evidence · table
“50.00%”
Context: LOM Ag Recovery
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: 50% is below the weak band (75%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
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.