Allied Gold Reports Q1 2026 Results, Advances Growth Strategy and Progresses Transaction With Zijin Gold
Original announcement by tmx on
- Company
- Allied Gold Corporation
- Ticker
- AAUC
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Production, Agreement transaction
- Extracted
- 2026-09-19 07:19:05 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Allied Gold reported Q1 2026 results with gold production of 96,016 ounces, a 14% increase year-over-year, but also saw consolidated AISC rise to $2,264 per ounce and a net loss of $58.3 million. The company is progressing its acquisition by Zijin Gold for C$5.5 billion and advancing the Kurmuk project towards first gold in mid-2026. Updated Mineral Reserve and Resource estimates as of December 31, 2025, were also provided for its key projects.
Reasoning: The document reports Q1 2026 production and financial results, showing increased overall gold production but also higher costs and a net loss. It provides updated Mineral Reserve and Resource estimates for its projects and confirms the advancement of the acquisition by Zijin Gold, which is a significant positive for shareholders. The Kurmuk project is also on track for first gold in mid-2026.
Positive factors
- Increased gold production in Q1 2026 compared to prior year, driven by Bonikro and Agbaou.
- Kurmuk project progressing well towards mid-2026 first gold production.
- Significant Mineral Reserve and Resource base reported for multiple projects.
- Transaction with Zijin Gold advancing, offering C$5.5 billion value to shareholders.
Negative factors
- Consolidated AISC and cash costs increased significantly year-over-year.
- Sadiola mine experienced a decrease in gold production and recovery rate year-over-year.
- Company reported a net loss for Q1 2026, contrasting with a net profit in Q1 2025.
- Sadiola's recovery rate declined from 89.3% to 81.4% year-over-year.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 34
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Mineral Reserve and Mineral Resource estimates are stated to be in accordance with NI 43-101.
Evidence · text
“Mineral Resources are stated effective as at December 31, 2025, reported at a 0.5 g/t cut-off grade, constrained within an $1,800/ounce pit shell and estimated in accordance with the 2014 CIM Standards and 43-101.”
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: Mineral Resource and Mineral Reserve estimates have been approved by Qualified Persons.
Evidence · text
“The Mineral Resource and Mineral Reserve estimates for each of the Company’s mineral properties have been approved by the qualified persons within the meaning of NI 43-101 as set forth below:”
Production Increasepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company produced 96,016 ounces of gold in Q1 2026, a 14% increase over Q1 2025 production of 84,040 ounces.
Evidence · table
“96,016”
Context: Production
AISC Increasenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Consolidated AISC increased from $1,811/oz in Q1 2025 to $2,264/oz in Q1 2026.
Evidence · table
“2,264”
Context: AISC
Cash Cost Increasenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Consolidated cash costs increased from $1,656/oz in Q1 2025 to $2,048/oz in Q1 2026.
Evidence · table
“2,048”
Context: Cash Costs
Acquisition Announcedpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Allied Gold is advancing a transaction with Zijin Gold International Company Limited for acquisition at C$44 per share.
Evidence · text
“The Company is advancing the transaction with Zijin Gold International Company Limited ("Zijin Gold") after entering into a definitive agreement (the "Arrangement Agreement" or the "Agreement") as previously disclosed. Zijin Gold, a public company listed on the Hong Kong Stock Exchange, agreed to acquire all of the issued and outstanding shares of Allied Gold at a price of C$44 per share (the “Offer Price”) in cash, pursuant to the terms of a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement").”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Extracted facts
Stored fact records: 25. Some facts used in scoring do not have a stored record.
Resource Estimates (25)
provenSadiola Mine · goldTonnes: 37164000Grade: 1.17Grade Unit: g/tContained Metal: 1400Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:e20a8e494a47372c73a3
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 37164000
- Grade
- 1.17
- Grade Unit
- g/t
- Contained Metal
- 1400
- Contained Unit
- k ounces
- Cutoff Grade
- 0.31
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Sadiola Mine reports a substantial Proven Mineral Reserve, indicating high confidence in a portion of its gold inventory, with disclosed cut-off grade and QP sign-off.
Positive factors
- High confidence category (Proven) for a significant amount of contained gold.
- Cut-off grade is disclosed, allowing for transparency.
Evidence · table
“37,164”
Context: Sadiola Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableSadiola Mine · goldTonnes: 104664000Grade: 1.61Grade Unit: g/tContained Metal: 5411Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:5a6f00b1498ad9f41945
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 104664000
- Grade
- 1.61
- Grade Unit
- g/t
- Contained Metal
- 5411
- Contained Unit
- k ounces
- Cutoff Grade
- 0.31
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Sadiola Mine has a large Probable Mineral Reserve with a good grade, contributing significantly to the project's total reserve base and future production potential.
Positive factors
- Significant Probable Mineral Reserve, adding to the project's overall scale.
- Higher grade than the Proven category, enhancing economic potential.
Evidence · table
“104,664”
Context: Sadiola Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenKorali-Sud Mine · goldTonnes: 1658000Grade: 0.68Grade Unit: g/tContained Metal: 36Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:7a23e56d985a8b7e7036
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 1658000
- Grade
- 0.68
- Grade Unit
- g/t
- Contained Metal
- 36
- Contained Unit
- k ounces
- Cutoff Grade
- 0.31
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Korali-Sud Mine reports a smaller Proven Mineral Reserve with a lower grade, but still contributes to the overall reserve base with high confidence.
Positive factors
- Proven category indicates high confidence.
Negative factors
- Relatively low grade for a Proven Reserve.
Evidence · table
“1,658”
Context: Korali-Sud Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableKorali-Sud Mine · goldTonnes: 1275000Grade: 1.56Grade Unit: g/tContained Metal: 64Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:37a5d7b908c2eca590e6
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 1275000
- Grade
- 1.56
- Grade Unit
- g/t
- Contained Metal
- 64
- Contained Unit
- k ounces
- Cutoff Grade
- 0.31
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Korali-Sud Mine's Probable Mineral Reserve, while smaller in tonnage, has a higher grade, contributing to the project's economic potential.
Positive factors
- Probable category adds to the reserve base.
- Higher grade than the Proven category for this mine.
Evidence · table
“1,275”
Context: Korali-Sud Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenKurmuk Project · goldTonnes: 7893000Grade: 1.28Grade Unit: g/tContained Metal: 324Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:5852a6371d1f1c3c8a84
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 7893000
- Grade
- 1.28
- Grade Unit
- g/t
- Contained Metal
- 324
- Contained Unit
- k ounces
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Kurmuk Project reports a solid Proven Mineral Reserve, providing a high-confidence base for its development, with disclosed cut-off grade and QP sign-off.
Positive factors
- Proven category indicates high confidence for this development project.
- Cut-off grade is disclosed.
Evidence · table
“7,893”
Context: Kurmuk Project
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableKurmuk Project · goldTonnes: 56057000Grade: 1.32Grade Unit: g/tContained Metal: 2382Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:72eb76914a0236f5667e
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 56057000
- Grade
- 1.32
- Grade Unit
- g/t
- Contained Metal
- 2382
- Contained Unit
- k ounces
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Kurmuk Project boasts a substantial Probable Mineral Reserve, which is a key asset for its future production profile and economic viability.
Positive factors
- Very large Probable Mineral Reserve, significantly increasing the project's scale.
- Good grade for a large open-pit project.
Evidence · table
“56,057”
Context: Kurmuk Project
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenBonikro Mine · goldTonnes: 6601000Grade: 0.87Grade Unit: g/tContained Metal: 185Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:eb8ebbb295d5852d0ec9
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 6601000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 185
- Contained Unit
- k ounces
- Cutoff Grade
- 0.57
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Bonikro Mine has a Proven Mineral Reserve with a moderate grade, providing a reliable base for its operations.
Positive factors
- Proven category indicates high confidence.
- Cut-off grade is disclosed.
Negative factors
- Grade is moderate for a Proven Reserve.
Evidence · table
“6,601”
Context: Bonikro Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableBonikro Mine · goldTonnes: 26217000Grade: 1.32Grade Unit: g/tContained Metal: 1111Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:a8b4f2c4234bb607865c
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 26217000
- Grade
- 1.32
- Grade Unit
- g/t
- Contained Metal
- 1111
- Contained Unit
- k ounces
- Cutoff Grade
- 0.57
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Bonikro Mine's large Probable Mineral Reserve with a good grade enhances its long-term production potential.
Positive factors
- Substantial Probable Mineral Reserve, significantly increasing the project's scale.
- Good grade for an open-pit project.
Evidence · table
“26,217”
Context: Bonikro Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenAgbaou Mine · goldTonnes: 1798000Grade: 1.07Grade Unit: g/tContained Metal: 62Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:2a252ddaa6174cdbe014
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 1798000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 62
- Contained Unit
- k ounces
- Cutoff Grade
- 0.41
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Agbaou Mine reports a Proven Mineral Reserve, providing a high-confidence base for its operations, with disclosed cut-off grade and QP sign-off.
Positive factors
- Proven category indicates high confidence.
- Cut-off grade is disclosed.
Negative factors
- Relatively small tonnage for a Proven Reserve.
Evidence · table
“1,798”
Context: Agbaou Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableAgbaou Mine · goldTonnes: 3810000Grade: 1.53Grade Unit: g/tContained Metal: 188Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:dc7bacdf33e7acf479ad
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 3810000
- Grade
- 1.53
- Grade Unit
- g/t
- Contained Metal
- 188
- Contained Unit
- k ounces
- Cutoff Grade
- 0.41
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Agbaou Mine's Probable Mineral Reserve contributes to its overall reserve base with a good grade, supporting future production.
Positive factors
- Probable category adds to the reserve base.
- Good grade for an open-pit project.
Evidence · table
“3,810”
Context: Agbaou Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredSadiola Mine · goldTonnes: 49326000Grade: 1.06Grade Unit: g/tContained Metal: 1686Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:6b1bccf2bf58e74e9517
Resource Data
- Category
- measured
- Tonnes
- 49326000
- Grade
- 1.06
- Grade Unit
- g/t
- Contained Metal
- 1686
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Sadiola Mine has a significant Measured Mineral Resource, providing a high-confidence base for future mine planning and reserve conversion.
Positive factors
- Large Measured Mineral Resource, indicating high geological confidence.
- Cut-off grade is disclosed.
Evidence · table
“49,326”
Context: Sadiola Mine
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
indicatedSadiola Mine · goldTonnes: 158434000Grade: 1.55Grade Unit: g/tContained Metal: 7872Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:fa2d0fa2c5b17ad5d787
Resource Data
- Category
- indicated
- Tonnes
- 158434000
- Grade
- 1.55
- Grade Unit
- g/t
- Contained Metal
- 7872
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Sadiola Mine's substantial Indicated Mineral Resource with a good grade is a key asset for its long-term potential and future reserve conversion.
Positive factors
- Very large Indicated Mineral Resource, significantly contributing to the project's scale.
- Good grade for an Indicated Resource.
Evidence · table
“158,434”
Context: Sadiola Mine
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
measuredKorali-Sud Mine · goldTonnes: 2117000Grade: 0.68Grade Unit: g/tContained Metal: 46Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:5b89a09cb97e51eee1bc
Resource Data
- Category
- measured
- Tonnes
- 2117000
- Grade
- 0.68
- Grade Unit
- g/t
- Contained Metal
- 46
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Korali-Sud Mine reports a smaller Measured Mineral Resource with a lower grade, but still provides a high-confidence base.
Positive factors
- Measured category indicates high confidence.
Negative factors
- Relatively low grade for a Measured Resource.
Evidence · table
“2,117”
Context: Korali-Sud Mine
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
indicatedKorali-Sud Mine · goldTonnes: 5863000Grade: 1.11Grade Unit: g/tContained Metal: 209Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:384ee5e8443c72db6f5f
Resource Data
- Category
- indicated
- Tonnes
- 5863000
- Grade
- 1.11
- Grade Unit
- g/t
- Contained Metal
- 209
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Korali-Sud Mine's Indicated Mineral Resource contributes to the overall resource base, with potential for future conversion.
Positive factors
- Indicated category adds to the resource base.
Evidence · table
“5,863”
Context: Korali-Sud Mine
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
measuredKurmuk Project · goldTonnes: 7748000Grade: 1.45Grade Unit: g/tContained Metal: 361Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:15bb817ba0d21ff4dea9
Resource Data
- Category
- measured
- Tonnes
- 7748000
- Grade
- 1.45
- Grade Unit
- g/t
- Contained Metal
- 361
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Kurmuk Project reports a solid Measured Mineral Resource, providing a high-confidence base for its development.
Positive factors
- Measured category indicates high confidence for this development project.
- Good grade for a Measured Resource.
Evidence · table
“7,748”
Context: Kurmuk Project
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
indicatedKurmuk Project · goldTonnes: 64969000Grade: 1.44Grade Unit: g/tContained Metal: 3002Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:9464e4567c15d459ea15
Resource Data
- Category
- indicated
- Tonnes
- 64969000
- Grade
- 1.44
- Grade Unit
- g/t
- Contained Metal
- 3002
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Kurmuk Project's substantial Indicated Mineral Resource is a key asset for its long-term potential and future reserve conversion, supporting its development.
Positive factors
- Very large Indicated Mineral Resource, significantly contributing to the project's scale.
- Good grade for an Indicated Resource.
Evidence · table
“64,969”
Context: Kurmuk Project
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
measuredBonikro Mine · goldTonnes: 8339000Grade: 1.14Grade Unit: g/tContained Metal: 306Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:33f9bf73ee34a82410da
Resource Data
- Category
- measured
- Tonnes
- 8339000
- Grade
- 1.14
- Grade Unit
- g/t
- Contained Metal
- 306
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Bonikro Mine has a solid Measured Mineral Resource, providing a high-confidence base for its operations.
Positive factors
- Measured category indicates high confidence.
- Good tonnage for a Measured Resource.
Evidence · table
“8,339”
Context: Bonikro Mine
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
indicatedBonikro Mine · goldTonnes: 32316000Grade: 1.38Grade Unit: g/tContained Metal: 1436Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:dd6071d204595c2940d2
Resource Data
- Category
- indicated
- Tonnes
- 32316000
- Grade
- 1.38
- Grade Unit
- g/t
- Contained Metal
- 1436
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Bonikro Mine's large Indicated Mineral Resource with a good grade enhances its long-term potential and future reserve conversion.
Positive factors
- Substantial Indicated Mineral Resource, significantly contributing to the project's scale.
- Good grade for an Indicated Resource.
Evidence · table
“32,316”
Context: Bonikro Mine
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
measuredAgbaou Mine · goldTonnes: 3064000Grade: 1.25Grade Unit: g/tContained Metal: 123Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:cc9e9e4ee333a6f17c96
Resource Data
- Category
- measured
- Tonnes
- 3064000
- Grade
- 1.25
- Grade Unit
- g/t
- Contained Metal
- 123
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Agbaou Mine has a Measured Mineral Resource with a good grade, providing a high-confidence base for its operations.
Positive factors
- Measured category indicates high confidence.
- Good grade for a Measured Resource.
Evidence · table
“3,064”
Context: Agbaou Mine
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
indicatedAgbaou Mine · goldTonnes: 4537000Grade: 1.73Grade Unit: g/tContained Metal: 252Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:7b7abc9a669c02d40936
Resource Data
- Category
- indicated
- Tonnes
- 4537000
- Grade
- 1.73
- Grade Unit
- g/t
- Contained Metal
- 252
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Agbaou Mine's Indicated Mineral Resource has a high grade, enhancing its economic potential and future reserve conversion.
Positive factors
- Indicated category adds to the resource base.
- High grade for an Indicated Resource.
Evidence · table
“4,537”
Context: Agbaou Mine
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
inferredSadiola Mine · goldTonnes: 45547000Grade: 1.13Grade Unit: g/tContained Metal: 1656Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:12bd71bfe22144715627
Resource Data
- Category
- inferred
- Tonnes
- 45547000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 1656
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Sadiola Mine has a large Inferred Mineral Resource, which represents significant exploration upside but requires further drilling to upgrade confidence.
Positive factors
- Significant Inferred Mineral Resource, indicating future exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“45,547”
Context: Sadiola Mine
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
inferredKorali-Sud Mine · goldTonnes: 1209000Grade: 1.66Grade Unit: g/tContained Metal: 65Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:d34b0c2bb3fcc8b87d7a
Resource Data
- Category
- inferred
- Tonnes
- 1209000
- Grade
- 1.66
- Grade Unit
- g/t
- Contained Metal
- 65
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Korali-Sud Mine's Inferred Mineral Resource, while smaller, has a good grade, indicating potential for future exploration and upgrade.
Positive factors
- Good grade for an Inferred Resource.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“1,209”
Context: Korali-Sud Mine
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
inferredKurmuk Project · goldTonnes: 4988000Grade: 1.35Grade Unit: g/tContained Metal: 217Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:6cded64bd6d9cfe6540a
Resource Data
- Category
- inferred
- Tonnes
- 4988000
- Grade
- 1.35
- Grade Unit
- g/t
- Contained Metal
- 217
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Kurmuk Project's Inferred Mineral Resource adds to its overall potential, with a good grade indicating further exploration upside.
Positive factors
- Good grade for an Inferred Resource.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“4,988”
Context: Kurmuk Project
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
inferredBonikro Mine · goldTonnes: 1659000Grade: 1.65Grade Unit: g/tContained Metal: 88Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:dbf6c11a3f44a2eda106
Resource Data
- Category
- inferred
- Tonnes
- 1659000
- Grade
- 1.65
- Grade Unit
- g/t
- Contained Metal
- 88
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Bonikro Mine's Inferred Mineral Resource, while smaller, has a good grade, indicating potential for future exploration and upgrade.
Positive factors
- Good grade for an Inferred Resource.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“1,659”
Context: Bonikro Mine
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
inferredAgbaou Mine · goldTonnes: 781000Grade: 2.62Grade Unit: g/tContained Metal: 66Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission, Chelsey Protulipac, P.Geo
- Resource group id
- resource:778466a9f6cb927d719c
Resource Data
- Category
- inferred
- Tonnes
- 781000
- Grade
- 2.62
- Grade Unit
- g/t
- Contained Metal
- 66
- Contained Unit
- k ounces
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-14T00:00:00.000Z
Reasoning: Agbaou Mine's Inferred Mineral Resource, despite its small size, has a very high grade, suggesting significant exploration upside for high-value material.
Positive factors
- Very high grade for an Inferred Resource, indicating strong potential.
Negative factors
- Inferred category has lower geological confidence.
- Smallest tonnage among the Inferred Resources.
Evidence · table
“781”
Context: Agbaou Mine
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
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.