Allied Gold Reports Q2 2026 Results, Nears Kurmuk Start-Up and Strengthens Financial Position
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, Capital raise
- Extracted
- 2026-09-19 06:36:14 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Allied Gold reported strong Q2 2026 results with gold production of 97,429 ounces and AISC of $2,192 per ounce sold. The company is nearing start-up at its Kurmuk Mine, which is expected to significantly boost future production, and received a $295 million strategic investment from Zijin Gold. Updated mineral reserves and resources for Agbaou and Bonikro show substantial increases and extended mine lives, supporting long-term production targets.
Reasoning: The company reported strong Q2 2026 production and financial results, with significant growth expected from the Kurmuk Mine start-up and positive updates to mineral reserves and resources. A strategic investment further bolsters its financial position. However, Sadiola's recovery rate declined, and consolidated operating cash flow was negative for the quarter.
Positive factors
- Strong Q2 2026 gold production and sales, exceeding prior year figures.
- Kurmuk Mine nearing start-up, expected to significantly increase future production.
- Updated Mineral Reserves and Resources show substantial increases for Agbaou and Bonikro, extending mine life.
- Strategic investment by Zijin Gold strengthens financial position and supports growth initiatives.
Negative factors
- Sadiola's recovery rate decreased from 89.1% in Q2 2025 to 80.6% in Q2 2026.
- Consolidated net cash used in operating activities for Q2 2026 was negative $67.4 million.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 47
Classification and evidence
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: Agbaou's Proven and Probable Mineral Reserves increased by more than 60% over year-end 2025 estimates.
Evidence · text
“Mineral Reserves and Mineral Resources updates for Agbaou demonstrate an increase of more than 60% over the year-end 2025 estimates, based on Proven and Probable Mineral Reserves.”
Long Reserve Lifepositive · Story-specific tag
Reserve life index in the top tier of the single ladder.
Why it applies: The mine life for Agbaou based on Proven and Probable Mineral Reserves has been extended to 2030, and Bonikro's mine life extended to 2036, supporting a strategic objective of 200,000 gold ounces per year for over 10 years.
Evidence · text
“As a result, mine life for Agbaou based on Proven and Probable Mineral Reserves only has been extended to 2030, which, together with the previously disclosed update on the extension of the Bonikro mine life and the ongoing exploration efforts in the CDI Complex, supports the Company’s strategic objective of at least 200,000 gold ounces per year for over 10 years”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Mineral Reserves and Mineral Resources are estimated in accordance with CIM Standards and NI 43-101.
Evidence · text
“Mineral Resources are stated effective as at December 31, 2025 and March 31, 2026, and are 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: All scientific and technical information has been reviewed and approved by Sébastien Bernier, P.Geo (Senior Vice President, Technical Services), a 'Qualified Person' as defined by NI 43-101, and specific QPs are listed for each mine's reserves and resources.
Evidence · text
“Except as otherwise disclosed, all scientific and technical information contained in this press release has been reviewed and approved by Sébastien Bernier, P.Geo (Senior Vice President, Technical Services). Mr. Bernier is an employee of Allied and a "Qualified Person" as defined by Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”).”
Low Recoverynegative · Story-specific tag
Recovery below the weak band for the commodity and processing route.
Why it applies: Sadiola's gold recovery rate for Q2 2026 was 80.6%, which is below the strong band for mill/CIL processing (90%).
Evidence · table
“80.6”
Context: Recovery rate (%)
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: 42. Some facts used in scoring do not have a stored record.
Resource Estimates (42)
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
- 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
- 0.26
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports substantial Proven Mineral Reserves, providing a solid foundation for future operations, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Proven reserves provide high confidence for mine planning.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- 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
- 0.26
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports substantial Probable Mineral Reserves, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large Probable reserves indicate significant future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
probableSadiola Mine · goldTonnes: 141827000Grade: 1.49Grade Unit: g/tContained Metal: 6811Contained 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
- Resource group id
- resource:70a47ac16c6b13d5e721
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 141827000
- Grade
- 1.49
- Grade Unit
- g/t
- Contained Metal
- 6811
- Contained Unit
- k ounces
- Cutoff Grade
- 0.26
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports very large total Mineral Reserves, providing significant long-term mine life potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Very large total mineral reserves provide long-term mine life potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“141,827”
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
- 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
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest Proven Mineral Reserves, providing a high-confidence but smaller contribution to the overall portfolio, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Proven reserves provide high confidence for mine planning.
- QP sign-off and NI 43-101 compliance ensure credibility.
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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
- 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
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest Probable Mineral Reserves, indicating future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Probable reserves indicate future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableKorali-Sud Mine · goldTonnes: 2933000Grade: 1.06Grade Unit: g/tContained Metal: 100Contained 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
- Resource group id
- resource:ad6b7aa897a3c106eb54
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 2933000
- Grade
- 1.06
- Grade Unit
- g/t
- Contained Metal
- 100
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest total Mineral Reserves, contributing to the overall portfolio, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Total mineral reserves contribute to the overall portfolio.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“2,933”
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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
- 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
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports significant Proven Mineral Reserves, providing a high-confidence base for the new operation, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Proven reserves provide high confidence for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- 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
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports substantial Probable Mineral Reserves, indicating significant future potential for the new operation, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large Probable reserves indicate significant future potential for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
probableKurmuk Project · goldTonnes: 63950000Grade: 1.32Grade Unit: g/tContained Metal: 2706Contained 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
- Resource group id
- resource:f10e82922a9df3572369
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 63950000
- Grade
- 1.32
- Grade Unit
- g/t
- Contained Metal
- 2706
- Contained Unit
- k ounces
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports very large total Mineral Reserves, providing significant long-term mine life potential for the new operation, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Very large total mineral reserves provide long-term mine life potential for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“63,950”
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: 6511000Grade: 0.88Grade Unit: g/tContained Metal: 182Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:8622d695a020bed0b19f
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 6511000
- Grade
- 0.88
- Grade Unit
- g/t
- Contained Metal
- 182
- Contained Unit
- k ounces
- Cutoff Grade
- 0.46
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports significant Proven Mineral Reserves with an updated effective date, providing high confidence for mine planning, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Proven reserves provide high confidence for mine planning.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“6,511”
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: 25754000Grade: 1.32Grade Unit: g/tContained Metal: 1095Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:6f17579b6407c57cebaa
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 25754000
- Grade
- 1.32
- Grade Unit
- g/t
- Contained Metal
- 1095
- Contained Unit
- k ounces
- Cutoff Grade
- 0.46
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports substantial Probable Mineral Reserves with an updated effective date, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large Probable reserves indicate significant future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“25,754”
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
probableBonikro Mine · goldTonnes: 32266000Grade: 1.23Grade Unit: g/tContained Metal: 1278Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:acfd128306eebd19c101
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 32266000
- Grade
- 1.23
- Grade Unit
- g/t
- Contained Metal
- 1278
- Contained Unit
- k ounces
- Cutoff Grade
- 0.46
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports large total Mineral Reserves with an updated effective date, providing significant long-term mine life potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large total mineral reserves provide long-term mine life potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“32,266”
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: 3046000Grade: 1.12Grade Unit: g/tContained Metal: 110Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:51d295c2f59c6fd0423e
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 3046000
- Grade
- 1.12
- Grade Unit
- g/t
- Contained Metal
- 110
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports significant Proven Mineral Reserves with an updated effective date, providing high confidence for mine planning, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Proven reserves provide high confidence for mine planning.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“3,046”
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: 6904000Grade: 1.34Grade Unit: g/tContained Metal: 297Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:78e6034607b44b1a6ba4
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 6904000
- Grade
- 1.34
- Grade Unit
- g/t
- Contained Metal
- 297
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports substantial Probable Mineral Reserves with an updated effective date, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Probable reserves indicate significant future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“6,904”
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
probableAgbaou Mine · goldTonnes: 9950000Grade: 1.27Grade Unit: g/tContained Metal: 407Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:71cb39885c4d59a6fc13
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 9950000
- Grade
- 1.27
- Grade Unit
- g/t
- Contained Metal
- 407
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports significant total Mineral Reserves with an updated effective date, providing long-term mine life potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Total mineral reserves provide long-term mine life potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“9,950”
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
provenTotal Mineral Reserves · goldTonnes: 56272000Grade: 1.13Grade Unit: g/tContained Metal: 2052Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Reserves
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:70612519a65725ccb13b
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 56272000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 2052
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports substantial total Proven Mineral Reserves across its projects, providing a strong foundation for future production, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Substantial total Proven Mineral Reserves for the company.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“56,272”
Context: Total Mineral Reserves
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTotal Mineral Reserves · goldTonnes: 194654000Grade: 1.48Grade Unit: g/tContained Metal: 9249Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Reserves
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:df698a30640b619140cd
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 194654000
- Grade
- 1.48
- Grade Unit
- g/t
- Contained Metal
- 9249
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports very large total Probable Mineral Reserves across its projects, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Very large total Probable Mineral Reserves for the company.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“194,654”
Context: Total Mineral Reserves
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableTotal Mineral Reserves · goldTonnes: 250926000Grade: 1.4Grade Unit: g/tContained Metal: 11302Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Reserves
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Ing. Chilean Mining Commission
- Resource group id
- resource:dff56d836ad0aa97ffc6
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 250926000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 11302
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports extremely large total Mineral Reserves across its projects, providing significant long-term production visibility, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Extremely large total Mineral Reserves for the company, providing long-term production visibility.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“250,926”
Context: Total Mineral Reserves
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:52122f2eecc7a96e8dbb
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 49326000
- Grade
- 1.06
- Grade Unit
- g/t
- Contained Metal
- 1686
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports significant Measured Mineral Resources, providing high geological confidence for future planning, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Significant Measured Resources provide high geological confidence.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:da30ccd31a96fa4078f7
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 158434000
- Grade
- 1.55
- Grade Unit
- g/t
- Contained Metal
- 7872
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports substantial Indicated Mineral Resources, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large Indicated Resources indicate significant future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
indicatedSadiola Mine · goldTonnes: 207760000Grade: 1.43Grade Unit: g/tContained Metal: 9557Contained 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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:74784f29e4fde2054b05
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 207760000
- Grade
- 1.43
- Grade Unit
- g/t
- Contained Metal
- 9557
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports very large total Measured and Indicated Mineral Resources, providing a significant long-term resource base, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Very large total Measured and Indicated Resources provide long-term resource base.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“207,760”
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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:59870f4890647b216d1e
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 2117000
- Grade
- 0.68
- Grade Unit
- g/t
- Contained Metal
- 46
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest Measured Mineral Resources, providing high geological confidence but a smaller contribution, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Measured Resources provide high geological confidence.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:3d39d195cbd424703585
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 5863000
- Grade
- 1.11
- Grade Unit
- g/t
- Contained Metal
- 209
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest Indicated Mineral Resources, indicating future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Indicated Resources indicate future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
indicatedKorali-Sud Mine · goldTonnes: 7980000Grade: 1Grade Unit: g/tContained Metal: 256Contained 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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:be5b365882b05c0fd80d
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 7980000
- Grade
- 1
- Grade Unit
- g/t
- Contained Metal
- 256
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest total Measured and Indicated Mineral Resources, contributing to the overall portfolio, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Total Measured and Indicated Resources contribute to the overall portfolio.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“7,980”
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
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:c1ee211e38393d2a1f62
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 7748000
- Grade
- 1.45
- Grade Unit
- g/t
- Contained Metal
- 361
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports significant Measured Mineral Resources, providing high geological confidence for the new operation, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Significant Measured Resources provide high geological confidence for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:367208606f39ffa0a5f2
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 64969000
- Grade
- 1.44
- Grade Unit
- g/t
- Contained Metal
- 3002
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports substantial Indicated Mineral Resources, indicating significant future potential for the new operation, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large Indicated Resources indicate significant future potential for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
indicatedKurmuk Project · goldTonnes: 72717000Grade: 1.44Grade Unit: g/tContained Metal: 3363Contained 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
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:87f43e3cfdc6e67a49f3
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 72717000
- Grade
- 1.44
- Grade Unit
- g/t
- Contained Metal
- 3363
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports very large total Measured and Indicated Mineral Resources, providing a significant long-term resource base for the new operation, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Very large total Measured and Indicated Resources provide long-term resource base for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“72,717”
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: 8099000Grade: 1.13Grade Unit: g/tContained Metal: 294Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:f5a2275649c0ade58694
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 8099000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 294
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports significant Measured Mineral Resources with an updated effective date, providing high geological confidence, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Significant Measured Resources provide high geological confidence.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“8,099”
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: 31795000Grade: 1.38Grade Unit: g/tContained Metal: 1411Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:75258c4313980195a09f
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 31795000
- Grade
- 1.38
- Grade Unit
- g/t
- Contained Metal
- 1411
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports substantial Indicated Mineral Resources with an updated effective date, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large Indicated Resources indicate significant future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“31,795”
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
indicatedBonikro Mine · goldTonnes: 39894000Grade: 1.33Grade Unit: g/tContained Metal: 1705Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:b3c7c851ac4c11746bde
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 39894000
- Grade
- 1.33
- Grade Unit
- g/t
- Contained Metal
- 1705
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports large total Measured and Indicated Mineral Resources with an updated effective date, providing a significant long-term resource base, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Large total Measured and Indicated Resources provide long-term resource base.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“39,894”
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: 4665000Grade: 1.29Grade Unit: g/tContained Metal: 194Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:5c6839d280f86f2e9137
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 4665000
- Grade
- 1.29
- Grade Unit
- g/t
- Contained Metal
- 194
- Contained Unit
- k ounces
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports significant Measured Mineral Resources with an updated effective date, providing high geological confidence, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Significant Measured Resources provide high geological confidence.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“4,665”
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: 7269000Grade: 1.63Grade Unit: g/tContained Metal: 382Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:25c3b897e778df4f888a
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 7269000
- Grade
- 1.63
- Grade Unit
- g/t
- Contained Metal
- 382
- Contained Unit
- k ounces
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports significant Indicated Mineral Resources with an updated effective date, indicating future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Significant Indicated Resources indicate future potential.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“7,269”
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
indicatedAgbaou Mine · goldTonnes: 11934000Grade: 1.5Grade Unit: g/tContained Metal: 576Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:5e51d96a8db230a43968
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 11934000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 576
- Contained Unit
- k ounces
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports a solid total Measured and Indicated Mineral Resources with an updated effective date, providing a strong resource base, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Total Measured and Indicated Resources provide a solid resource base.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“11,934”
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
measuredTotal Mineral Resources (M&I) · goldTonnes: 71955000Grade: 1.11Grade Unit: g/tContained Metal: 2581Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Resources (M&I)
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, MAusIMM (CP), Chelsey Protulipac, P.Geo
- Resource group id
- resource:809df2e5b9865feed3c5
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 71955000
- Grade
- 1.11
- Grade Unit
- g/t
- Contained Metal
- 2581
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports substantial total Measured Mineral Resources across its projects, providing a strong foundation of high-confidence resources, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Substantial total Measured Mineral Resources for the company.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“71,955”
Context: Total Mineral Resources (M&I)
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedTotal Mineral Resources (M&I) · goldTonnes: 269330000Grade: 1.5Grade Unit: g/tContained Metal: 12876Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Resources (M&I)
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, MAusIMM (CP), Chelsey Protulipac, P.Geo
- Resource group id
- resource:2786bb955bd01c823d63
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 269330000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 12876
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports very large total Indicated Mineral Resources across its projects, indicating significant future potential, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Very large total Indicated Mineral Resources for the company.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“269,330”
Context: Total Mineral Resources (M&I)
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedTotal Mineral Resources (M&I) · goldTonnes: 340285000Grade: 1.41Grade Unit: g/tContained Metal: 15457Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Resources (M&I)
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, MAusIMM (CP), Chelsey Protulipac, P.Geo
- Resource group id
- resource:23acc1367e213990e9af
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 340285000
- Grade
- 1.41
- Grade Unit
- g/t
- Contained Metal
- 15457
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports extremely large total Measured and Indicated Mineral Resources across its projects, providing a robust resource base, backed by QP sign-off and NI 43-101 compliance.
Positive factors
- Extremely large total Measured and Indicated Mineral Resources for the company, providing a robust resource base.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“340,285”
Context: Total Mineral Resources (M&I)
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:09074da63008f37beeb0
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 45547000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 1656
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Sadiola Mine reports significant Inferred Mineral Resources, indicating exploration upside, backed by QP sign-off and NI 43-101 compliance, though with lower confidence than M&I categories.
Positive factors
- Significant Inferred Resources provide exploration upside.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- Alejandro Garrone, MAusIMM (CP)
- Resource group id
- resource:5dfce0f50b15a002d197
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 1209000
- Grade
- 1.66
- Grade Unit
- g/t
- Contained Metal
- 65
- Contained Unit
- k ounces
- Cutoff Grade
- 0.23
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Korali-Sud Mine reports modest Inferred Mineral Resources, indicating exploration upside, backed by QP sign-off and NI 43-101 compliance, though with lower confidence than M&I categories.
Positive factors
- Inferred Resources provide exploration upside.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:454db5bfb454cd416f70
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 4988000
- Grade
- 1.35
- Grade Unit
- g/t
- Contained Metal
- 217
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-12-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Kurmuk Project reports significant Inferred Mineral Resources, indicating exploration upside for the new operation, backed by QP sign-off and NI 43-101 compliance, though with lower confidence than M&I categories.
Positive factors
- Significant Inferred Resources provide exploration upside for the new project.
- QP sign-off and NI 43-101 compliance ensure credibility.
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
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:6dfec12e5a72c3f5156e
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 1659000
- Grade
- 1.65
- Grade Unit
- g/t
- Contained Metal
- 88
- Contained Unit
- k ounces
- Cutoff Grade
- 0.37
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Bonikro Mine reports significant Inferred Mineral Resources with an updated effective date, indicating exploration upside, backed by QP sign-off and NI 43-101 compliance, though with lower confidence than M&I categories.
Positive factors
- Inferred Resources provide exploration upside.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
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: 100000Grade: 2.08Grade Unit: g/tContained Metal: 7Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, P.Geo
- Resource group id
- resource:48df55ffb0831a9bf180
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 100000
- Grade
- 2.08
- Grade Unit
- g/t
- Contained Metal
- 7
- Contained Unit
- k ounces
- Cutoff Grade
- 0.36
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The Agbaou Mine reports modest Inferred Mineral Resources with an updated effective date, indicating exploration upside, backed by QP sign-off and NI 43-101 compliance, though with lower confidence than M&I categories.
Positive factors
- Inferred Resources provide exploration upside.
- QP sign-off and NI 43-101 compliance ensure credibility.
- Updated effective date reflects recent assessment.
Evidence · table
“100”
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
inferredTotal Mineral Resources (Inferred) · goldTonnes: 53503000Grade: 1.18Grade Unit: g/tContained Metal: 2033Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Total Mineral Resources (Inferred)
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, MAusIMM (CP), Chelsey Protulipac, P.Geo
- Resource group id
- resource:e9931cfa10964291873b
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 53503000
- Grade
- 1.18
- Grade Unit
- g/t
- Contained Metal
- 2033
- Contained Unit
- k ounces
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: The company reports substantial total Inferred Mineral Resources across its projects, indicating significant exploration upside, backed by QP sign-off and NI 43-101 compliance, though with lower confidence than M&I categories.
Positive factors
- Substantial total Inferred Mineral Resources for the company, indicating significant exploration upside.
- QP sign-off and NI 43-101 compliance ensure credibility.
Evidence · table
“53,503”
Context: Total Mineral Resources (Inferred)
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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.