# Allied Gold Reports Q1 2026 Results, Advances Growth Strategy and Progresses Transaction With Zijin Gold

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532

Original source: https://money.tmx.com/en/quote/AAUC/news/8262290132705849/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran

Publisher: tmx

Original announcement: 2026-05-14T20:53:27.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas 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 factor: Increased gold production in Q1 2026 compared to prior year, driven by Bonikro and Agbaou.

- Positive factor: Kurmuk project progressing well towards mid-2026 first gold production.

- Positive factor: Significant Mineral Reserve and Resource base reported for multiple projects.

- Positive factor: Transaction with Zijin Gold advancing, offering C$5.5 billion value to shareholders.

- Negative factor: Consolidated AISC and cash costs increased significantly year-over-year.

- Negative factor: Sadiola mine experienced a decrease in gold production and recovery rate year-over-year.

- Negative factor: Company reported a net loss for Q1 2026, contrasting with a net profit in Q1 2025.

- Negative factor: 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 Compliant**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: 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 Increase**

Polarity: positive

Story-specific tag

Definition: 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 Increase**

Polarity: negative

Story-specific tag

Definition: 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 Increase**

Polarity: negative

Story-specific tag

Definition: 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 Announced**

Polarity: positive

Story-specific tag

Definition: 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 Disclosed**

Polarity: positive

Definition: 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)

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-8)

Sadiola Mine · gold

#### 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 factor: High confidence category \(Proven\) for a significant amount of contained gold.

- Positive factor: Cut-off grade is disclosed, allowing for transparency.

Evidence · table

> 37,164

Context: Sadiola Mine

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-9)

Sadiola Mine · gold

#### 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 factor: Significant Probable Mineral Reserve, adding to the project's overall scale.

- Positive factor: Higher grade than the Proven category, enhancing economic potential.

Evidence · table

> 104,664

Context: Sadiola Mine

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-10)

Korali-Sud Mine · gold

#### 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 factor: Proven category indicates high confidence.

- Negative factor: Relatively low grade for a Proven Reserve.

Evidence · table

> 1,658

Context: Korali-Sud Mine

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-11)

Korali-Sud Mine · gold

#### 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 factor: Probable category adds to the reserve base.

- Positive factor: Higher grade than the Proven category for this mine.

Evidence · table

> 1,275

Context: Korali-Sud Mine

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-12)

Kurmuk Project · gold

#### 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 factor: Proven category indicates high confidence for this development project.

- Positive factor: Cut-off grade is disclosed.

Evidence · table

> 7,893

Context: Kurmuk Project

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-13)

Kurmuk Project · gold

#### 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 factor: Very large Probable Mineral Reserve, significantly increasing the project's scale.

- Positive factor: Good grade for a large open-pit project.

Evidence · table

> 56,057

Context: Kurmuk Project

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-14)

Bonikro Mine · gold

#### 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 factor: Proven category indicates high confidence.

- Positive factor: Cut-off grade is disclosed.

- Negative factor: Grade is moderate for a Proven Reserve.

Evidence · table

> 6,601

Context: Bonikro Mine

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-15)

Bonikro Mine · gold

#### 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 factor: Substantial Probable Mineral Reserve, significantly increasing the project's scale.

- Positive factor: Good grade for an open-pit project.

Evidence · table

> 26,217

Context: Bonikro Mine

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-16)

Agbaou Mine · gold

#### 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 factor: Proven category indicates high confidence.

- Positive factor: Cut-off grade is disclosed.

- Negative factor: Relatively small tonnage for a Proven Reserve.

Evidence · table

> 1,798

Context: Agbaou Mine

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-17)

Agbaou Mine · gold

#### 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 factor: Probable category adds to the reserve base.

- Positive factor: Good grade for an open-pit project.

Evidence · table

> 3,810

Context: Agbaou Mine

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-18)

Sadiola Mine · gold

#### 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 factor: Large Measured Mineral Resource, indicating high geological confidence.

- Positive factor: Cut-off grade is disclosed.

Evidence · table

> 49,326

Context: Sadiola Mine

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-19)

Sadiola Mine · gold

#### 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 factor: Very large Indicated Mineral Resource, significantly contributing to the project's scale.

- Positive factor: Good grade for an Indicated Resource.

Evidence · table

> 158,434

Context: Sadiola Mine

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-20)

Korali-Sud Mine · gold

#### 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 factor: Measured category indicates high confidence.

- Negative factor: Relatively low grade for a Measured Resource.

Evidence · table

> 2,117

Context: Korali-Sud Mine

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-21)

Korali-Sud Mine · gold

#### 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 factor: Indicated category adds to the resource base.

Evidence · table

> 5,863

Context: Korali-Sud Mine

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-22)

Kurmuk Project · gold

#### 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 factor: Measured category indicates high confidence for this development project.

- Positive factor: Good grade for a Measured Resource.

Evidence · table

> 7,748

Context: Kurmuk Project

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-23)

Kurmuk Project · gold

#### 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 factor: Very large Indicated Mineral Resource, significantly contributing to the project's scale.

- Positive factor: Good grade for an Indicated Resource.

Evidence · table

> 64,969

Context: Kurmuk Project

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-24)

Bonikro Mine · gold

#### 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 factor: Measured category indicates high confidence.

- Positive factor: Good tonnage for a Measured Resource.

Evidence · table

> 8,339

Context: Bonikro Mine

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-25)

Bonikro Mine · gold

#### 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 factor: Substantial Indicated Mineral Resource, significantly contributing to the project's scale.

- Positive factor: Good grade for an Indicated Resource.

Evidence · table

> 32,316

Context: Bonikro Mine

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-26)

Agbaou Mine · gold

#### 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 factor: Measured category indicates high confidence.

- Positive factor: Good grade for a Measured Resource.

Evidence · table

> 3,064

Context: Agbaou Mine

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-27)

Agbaou Mine · gold

#### 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 factor: Indicated category adds to the resource base.

- Positive factor: High grade for an Indicated Resource.

Evidence · table

> 4,537

Context: Agbaou Mine

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-28)

Sadiola Mine · gold

#### 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 factor: Significant Inferred Mineral Resource, indicating future exploration potential.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 45,547

Context: Sadiola Mine

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-29)

Korali-Sud Mine · gold

#### 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 factor: Good grade for an Inferred Resource.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 1,209

Context: Korali-Sud Mine

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-30)

Kurmuk Project · gold

#### 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 factor: Good grade for an Inferred Resource.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 4,988

Context: Kurmuk Project

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-31)

Bonikro Mine · gold

#### 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 factor: Good grade for an Inferred Resource.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 1,659

Context: Bonikro Mine

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/allied-gold-reports-q1-2026-results-advances-growth-strategy-and-progresses-tran--b67caa21-d2b0-47ad-97dc-e2421588c532#fact-resource-facts-32)

Agbaou Mine · gold

#### 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 factor: Very high grade for an Inferred Resource, indicating strong potential.

- Negative factor: Inferred category has lower geological confidence.

- Negative factor: Smallest tonnage among the Inferred Resources.

Evidence · table

> 781

Context: Agbaou Mine

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
