Allied Gold Reports Record Q4 Production, Advances Growth Strategy and Completes Key Step Toward Transaction with Zijin Gold
Original announcement by tmx on
- Company
- Allied Gold Corporation
- Ticker
- AAUC
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Production, Agreement transaction, Drill results
- Extracted
- 2026-09-19 07:41:15 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Allied Gold reported record Q4 and full-year 2025 gold production of 117,004 and 379,081 ounces respectively, exceeding guidance, driven by strong performance across its Sadiola, Bonikro, and Agbaou mines. The company also announced updated Mineral Reserve and Resource estimates as of December 31, 2025, showing significant gold content across its projects, and highlighted high-grade exploration results at Sadiola and Kurmuk. Additionally, Allied Gold entered into a definitive agreement to be acquired by Zijin Gold for C$44 per share, representing a significant premium and immediate value for shareholders.
Reasoning: Allied Gold reported strong operational performance with record gold production and increased cash flows for 2025. The company also provided updated Mineral Reserve and Resource estimates, demonstrating significant gold endowment across its projects. The announcement of a definitive agreement for acquisition by Zijin Gold at a substantial premium is a highly material positive event for shareholders. Exploration results indicate further growth potential. While the company reported a net loss, the operational and strategic highlights are overwhelmingly positive.
Positive factors
- Record Q4 and full-year gold production for 2025, exceeding guidance.
- Significant increase in cash flows and Adjusted EBITDA year-over-year.
- Updated Mineral Reserve and Resource estimates showing substantial gold content across multiple projects.
- High-grade exploration results at Sadiola and Kurmuk projects, indicating potential for resource growth.
- Advancement of key growth projects (Kurmuk, Sadiola expansion) on schedule and budget.
- Definitive agreement for acquisition by Zijin Gold at a significant premium, offering immediate shareholder value.
Negative factors
- Net loss reported for Q4 and full-year 2025, despite strong operational performance.
- AISC for Sadiola and Agbaou are relatively high compared to Bonikro and overall company average.
- Some resource estimates are inclusive of reserves, which can be less clear for total resource potential.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 58
Classification and evidence
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: The company reported record gold production of 379,081 ounces for the full-year 2025, exceeding its annual production guidance of above 375,000 ounces.
Evidence · text
“The Company produced 117,004 ounces of gold in the fourth quarter, bringing total production for 2025 to 379,081 ounces, exceeding the Company’s annual production guidance of above 375,000 ounces.”
High IRRpositive · Story-specific tag
Post-tax real unlevered IRR in the strong tier or better.
Why it applies: The Kurmuk Project is expected to have AISC below $950 per ounce, which is a very strong cost position for a gold project.
Evidence · text
“The Company expects Kurmuk to produce an average of 290,000 ounces per year for the first four years and 240,000 ounces per year on average for the mine’s life, with AISC (1) below $950 per ounce.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) 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 Reserve and Mineral Resource estimates have been approved by Qualified Persons, including Esteban Chacon, Alejandro Garrone, and Chelsey Protulipac.
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: Mineral Property Qualified Person of Mineral Resources Qualified Person of Mineral Reserves Sadiola Mine Esteban Chacon, Ing. Chilean Mining Commission Alejandro Garrone, MAusIMM (CP) Korali-Sud Mine Esteban Chacon, Ing. Chilean Mining Commission Alejandro Garrone, MAusIMM (CP) Kurmuk Project Esteban Chacon, Ing. Chilean Mining Commission Chelsey Protulipac, P.Geo Bonikro Mine Esteban Chacon, Ing. Chilean Mining Commission Chelsey Protulipac, P.Geo Agbaou Mine Esteban Chacon, Ing. Chilean Mining Commission Chelsey Protulipac, P.Geo”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Mineral Reserve and Resource estimates are stated to be in accordance with CIM Standards and 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.”
Step-Out Extensionpositive · Story-specific tag
Mineralization extended beyond the previously known limit.
Why it applies: Exploration drilling at Sadiola has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend with Sekekoto West and the southern part of the FE2 Trend (FE2.5) potentially providing short-term, new and more proximal high-grade oxide resources for the Sadiola mill as mining at Korali Sud winds down.”
Bonanza Interceptpositive · Story-specific tag
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Drill intercepts at Sekekoto West/S12 include 33.0 metres @ 15.23 g/t Au and 25.0 metres @ 11.90 g/t Au, which are exceptionally high grades for gold.
Evidence · text
“Sekekoto West/S12: 33.0 metres @ 15.23 g/t Au (SARC 1699) and 25.0 metres @ 11.90 g/t Au (SARC1695)”
Bonanza Interceptpositive · Story-specific tag
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Drill intercepts at Tambali include 12.6 metres @ 18.87 g/t Au, which is an exceptionally high grade for gold.
Evidence · text
“Tambali: 12.6 metres @ 18.87 g/t Au (SADD181) and 6.7 metres @ 8.74 g/t Au (SADD264)”
Bonanza Interceptpositive · Story-specific tag
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Drill intercepts at FE2 Trend include 3.0 metres @ 28.19 g/t Au, which is an exceptionally high grade for gold.
Evidence · text
“FE2 Trend: 3.0 metres @ 28.19 g/t Au (SARC2318) and 8.0 metres @ 6.55 g/t Au (SARC2321)”
Bonanza Interceptpositive · Story-specific tag
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Drill intercepts at FE3/4 Trend include 18.0 metres @ 10.68 g/t Au, which is an exceptionally high grade for gold.
Evidence · text
“FE3/4 Trend: 18.0 metres @ 10.68 g/t Au (SARC1957) and 20.0 metres @ 5.53 g/t Au (SARC1948)”
Bonanza Interceptpositive · Story-specific tag
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Drill intercepts at Tsenge - Hiccup Hill include 16.4 metres @ 13.0 g/t Au, which is an exceptionally high grade for gold.
Evidence · text
“Tsenge - Hiccup Hill: 16.4 metres @ 13.0 g/t Au (TSDD041) and 10.0 metres @ 5.96 g/t Au (in trench TSCH012)”
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.
Drill Results (17)
SARC 1699Sadiola · goldGrade: 15.23Grade Unit: g/tIntercept: 33 mView all detailsHide details
Identity
- Hole ID
- SARC 1699
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 15.23
- Grade Unit
- g/t
- Intercept
- 33 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Sekekoto West/S12
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept represents a bonanza grade over a substantial width, indicating a significant new discovery or extension at Sekekoto West/S12, which is highly positive for the Sadiola project.
Positive factors
- Exceptional gold grade over a significant width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 33.0 metres @ 15.23 g/t Au is an exceptionally high grade for gold.
Evidence · text
“33.0 metres @ 15.23 g/t Au (SARC 1699)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at Sekekoto West/S12.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SARC1695Sadiola · goldGrade: 11.9Grade Unit: g/tIntercept: 25 mView all detailsHide details
Identity
- Hole ID
- SARC1695
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 11.9
- Grade Unit
- g/t
- Intercept
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Sekekoto West/S12
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a bonanza grade over a good width, further confirming the high-quality mineralization and exploration success at Sekekoto West/S12.
Positive factors
- Exceptional gold grade over a significant width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 25.0 metres @ 11.90 g/t Au is an exceptionally high grade for gold.
Evidence · text
“25.0 metres @ 11.90 g/t Au (SARC1695)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at Sekekoto West/S12.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SADD181Sadiola · goldGrade: 18.87Grade Unit: g/tIntercept: 12.6 mView all detailsHide details
Identity
- Hole ID
- SADD181
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 18.87
- Grade Unit
- g/t
- Intercept
- 12.6 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Tambali
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept represents a bonanza grade over a good width, indicating a significant new discovery or extension at Tambali, which is highly positive for the Sadiola project.
Positive factors
- Exceptional gold grade over a significant width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 12.6 metres @ 18.87 g/t Au is an exceptionally high grade for gold.
Evidence · text
“12.6 metres @ 18.87 g/t Au (SADD181)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at Tambali.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SADD264Sadiola · goldGrade: 8.74Grade Unit: g/tIntercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- SADD264
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 8.74
- Grade Unit
- g/t
- Intercept
- 6.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Tambali
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a good width, further confirming the high-quality mineralization and exploration success at Tambali.
Positive factors
- Strong gold grade over a good width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 6.7 metres @ 8.74 g/t Au is an exceptionally high grade for gold.
Evidence · text
“6.7 metres @ 8.74 g/t Au (SADD264)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at Tambali.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SARC2318Sadiola · goldGrade: 28.19Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- SARC2318
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 28.19
- Grade Unit
- g/t
- Intercept
- 3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- FE2 Trend
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept represents a bonanza grade, indicating a significant new discovery or extension at FE2 Trend, which is highly positive for the Sadiola project.
Positive factors
- Exceptional gold grade, indicating very high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 3.0 metres @ 28.19 g/t Au is an exceptionally high grade for gold.
Evidence · text
“3.0 metres @ 28.19 g/t Au (SARC2318)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at FE2 Trend.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SARC2321Sadiola · goldGrade: 6.55Grade Unit: g/tIntercept: 8 mView all detailsHide details
Identity
- Hole ID
- SARC2321
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 6.55
- Grade Unit
- g/t
- Intercept
- 8 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- FE2 Trend
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a good width, further confirming the high-quality mineralization and exploration success at FE2 Trend.
Positive factors
- Strong gold grade over a good width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 8.0 metres @ 6.55 g/t Au is an exceptionally high grade for gold.
Evidence · text
“8.0 metres @ 6.55 g/t Au (SARC2321)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at FE2 Trend.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SARC1957Sadiola · goldGrade: 10.68Grade Unit: g/tIntercept: 18 mView all detailsHide details
Identity
- Hole ID
- SARC1957
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 10.68
- Grade Unit
- g/t
- Intercept
- 18 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- FE3/4 Trend
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept represents a bonanza grade over a good width, indicating a significant new discovery or extension at FE3/4 Trend, which is highly positive for the Sadiola project.
Positive factors
- Exceptional gold grade over a significant width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 18.0 metres @ 10.68 g/t Au is an exceptionally high grade for gold.
Evidence · text
“18.0 metres @ 10.68 g/t Au (SARC1957)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at FE3/4 Trend.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
SARC1948Sadiola · goldGrade: 5.53Grade Unit: g/tIntercept: 20 mView all detailsHide details
Identity
- Hole ID
- SARC1948
- Project
- Sadiola
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 5.53
- Grade Unit
- g/t
- Intercept
- 20 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- FE3/4 Trend
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows an exceptional gold grade over a good width, further confirming the high-quality mineralization and exploration success at FE3/4 Trend.
Positive factors
- Exceptional gold grade over a significant width, indicating high-quality mineralization.
- New zone/extension discovery, adding to exploration upside.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 20.0 metres @ 5.53 g/t Au is an exceptionally high grade for gold.
Evidence · text
“20.0 metres @ 5.53 g/t Au (SARC1948)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The drilling intersected significant new zones and extensions at FE3/4 Trend.
Evidence · text
“Exploration drilling has intersected significant new zones and extensions at Sekekoto West/S12, Tambali, FE2 Trend, and FE3/4 Trend”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
DMDD774Kurmuk · goldGrade: 2.93Grade Unit: g/tIntercept: 12.6 mView all detailsHide details
Identity
- Hole ID
- DMDD774
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 2.93
- Grade Unit
- g/t
- Intercept
- 12.6 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Dish Mountain
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a good width, confirming the extension of mineralization at Dish Mountain, which is positive for the Kurmuk Project.
Positive factors
- Strong gold grade over a good width, indicating good mineralization.
- Extension of known deposits, adding to resource potential.
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling continues to intersect lateral and vertical extensions of the deposits at Dish Mountain.
Evidence · text
“At both Dish Mountain and Ashashire, drilling continues to intersect lateral and vertical extensions of the deposits, as the limits to the mineralized system remain open.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
DMDD765Kurmuk · goldGrade: 2.61Grade Unit: g/tIntercept: 16 mView all detailsHide details
Identity
- Hole ID
- DMDD765
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 2.61
- Grade Unit
- g/t
- Intercept
- 16 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Dish Mountain
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a good width, further confirming the extension of mineralization at Dish Mountain.
Positive factors
- Strong gold grade over a good width, indicating good mineralization.
- Extension of known deposits, adding to resource potential.
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling continues to intersect lateral and vertical extensions of the deposits at Dish Mountain.
Evidence · text
“At both Dish Mountain and Ashashire, drilling continues to intersect lateral and vertical extensions of the deposits, as the limits to the mineralized system remain open.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
DMDD752Kurmuk · goldGrade: 3.35Grade Unit: g/tIntercept: 9.3 mView all detailsHide details
Identity
- Hole ID
- DMDD752
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 3.35
- Grade Unit
- g/t
- Intercept
- 9.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Dish Mountain
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a good width, further confirming the extension of mineralization at Dish Mountain.
Positive factors
- Strong gold grade over a good width, indicating good mineralization.
- Extension of known deposits, adding to resource potential.
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling continues to intersect lateral and vertical extensions of the deposits at Dish Mountain.
Evidence · text
“At both Dish Mountain and Ashashire, drilling continues to intersect lateral and vertical extensions of the deposits, as the limits to the mineralized system remain open.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
TSDD041Kurmuk · goldGrade: 13Grade Unit: g/tIntercept: 16.4 mView all detailsHide details
Identity
- Hole ID
- TSDD041
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 13
- Grade Unit
- g/t
- Intercept
- 16.4 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Tsenge - Hiccup Hill
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept represents a bonanza grade over a substantial width, confirming significant mineralization at Tsenge - Hiccup Hill, which is highly positive for the Kurmuk Project.
Positive factors
- Exceptional gold grade over a significant width, indicating high-quality mineralization.
- Confirmation of strike and depth extensions, adding to resource potential.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 16.4 metres @ 13.0 g/t Au is an exceptionally high grade for gold.
Evidence · text
“16.4 metres @ 13.0 g/t Au (TSDD041)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling confirmed the strike extents of the gold-bearing system and depth extensions of the Hiccup Hill mineralized lenses.
Evidence · text
“A significant amount of highly successful drilling and trenching was also carried out at Tsenge, confirming the strike extents of the gold-bearing system and depth extensions of the Hiccup Hill and Setota mineralized lenses, located at the southern end of the 9 km long Tsenge target.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
TSCH012Kurmuk · goldGrade: 5.96Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- TSCH012
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 5.96
- Grade Unit
- g/t
- Intercept
- 10 m
Classification
- Program
- exploration
- Sample Type
- channel
- Mining Method
- unknown
Location
- Location
- Tsenge - Hiccup Hill
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This channel intercept shows an exceptional gold grade over a good width, further confirming the high-quality mineralization at Tsenge - Hiccup Hill.
Positive factors
- Exceptional gold grade over a good width, indicating high-quality mineralization.
- Confirmation of strike and depth extensions, adding to resource potential.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 10.0 metres @ 5.96 g/t Au is an exceptionally high grade for gold.
Evidence · text
“10.0 metres @ 5.96 g/t Au (in trench TSCH012)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Trenching confirmed the strike extents of the gold-bearing system and depth extensions of the Hiccup Hill mineralized lenses.
Evidence · text
“A significant amount of highly successful drilling and trenching was also carried out at Tsenge, confirming the strike extents of the gold-bearing system and depth extensions of the Hiccup Hill and Setota mineralized lenses, located at the southern end of the 9 km long Tsenge target.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
TSDD036Kurmuk · goldGrade: 1.85Grade Unit: g/tIntercept: 10.5 mView all detailsHide details
Identity
- Hole ID
- TSDD036
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 1.85
- Grade Unit
- g/t
- Intercept
- 10.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Tsenge - Setota
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a good gold grade over a good width, confirming mineralization at Tsenge - Setota, which is positive for the Kurmuk Project.
Positive factors
- Good gold grade over a good width, indicating mineralization.
- Confirmation of strike and depth extensions, adding to resource potential.
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling confirmed the strike extents of the gold-bearing system and depth extensions of the Setota mineralized lenses.
Evidence · text
“A significant amount of highly successful drilling and trenching was also carried out at Tsenge, confirming the strike extents of the gold-bearing system and depth extensions of the Hiccup Hill and Setota mineralized lenses, located at the southern end of the 9 km long Tsenge target.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
TSDD036Kurmuk · goldGrade: 1.11Grade Unit: g/tIntercept: 20 mView all detailsHide details
Identity
- Hole ID
- TSDD036
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 1.11
- Grade Unit
- g/t
- Intercept
- 20 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Tsenge - Setota
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a good gold grade over a significant width, further confirming mineralization at Tsenge - Setota.
Positive factors
- Good gold grade over a significant width, indicating good mineralization.
- Confirmation of strike and depth extensions, adding to resource potential.
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling confirmed the strike extents of the gold-bearing system and depth extensions of the Setota mineralized lenses.
Evidence · text
“A significant amount of highly successful drilling and trenching was also carried out at Tsenge, confirming the strike extents of the gold-bearing system and depth extensions of the Hiccup Hill and Setota mineralized lenses, located at the southern end of the 9 km long Tsenge target.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
ASRC031Kurmuk · goldGrade: 3.47Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- ASRC031
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 3.47
- Grade Unit
- g/t
- Intercept
- 5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- unknown
Location
- Location
- Urchin Prospect
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This intercept shows a strong gold grade over a good width from a first-pass drill program at Urchin Prospect, indicating new discovery potential for the Kurmuk Project.
Positive factors
- Strong gold grade over a good width, indicating good mineralization.
- Positive results from a first-pass drill program, suggesting new discovery potential.
Tags used in scoring
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: A first-pass drill program yielded positive results and will require a follow-up drill program at the Urchin Prospect.
Evidence · text
“A first-pass drill program, which was completed over the Urchin Prospect located adjacent to the Ashashire haul road, yielded positive results and will require a follow-up drill program.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
URTR09Kurmuk · goldGrade: 10.88Grade Unit: g/tIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- URTR09
- Project
- Kurmuk
- Commodity
- gold
- Region
- mali
- Reported Region
- mali
- Ticker
- AAUC
Geometry
- Grade
- 10.88
- Grade Unit
- g/t
- Intercept
- 4 m
Classification
- Program
- exploration
- Sample Type
- channel
- Mining Method
- unknown
Location
- Location
- Urchin Prospect
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-31T00:00:00.000Z
Reasoning: This channel intercept shows a bonanza gold grade from a first-pass drill program at Urchin Prospect, indicating significant new discovery potential for the Kurmuk Project.
Positive factors
- Exceptional gold grade, indicating very high-quality mineralization.
- Positive results from a first-pass drill program, suggesting new discovery potential.
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 4 metres @ 10.88 g/t Au is an exceptionally high grade for gold.
Evidence · text
“4 metres @ 10.88 g/t Au (in trench URTR09)”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: A first-pass drill program yielded positive results and will require a follow-up drill program at the Urchin Prospect.
Evidence · text
“A first-pass drill program, which was completed over the Urchin Prospect located adjacent to the Ashashire haul road, yielded positive results and will require a follow-up drill program.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (25)
provenSadiola Mine · goldTonnes: 37164000Grade: 1.17Grade Unit: g/tContained Metal: 1400Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Sadiola Mine has substantial proven gold reserves, supporting long-term production with a clear open-pit mining strategy and disclosed cut-off grades.
Positive factors
- Significant proven reserves, providing a solid production base.
- Open pit mining method, generally lower cost.
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
- Alejandro Garrone, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Sadiola Mine's substantial probable gold reserves, with a higher grade, provide significant future production potential and improve overall project economics.
Positive factors
- Very large probable reserves, significantly extending mine life.
- Higher grade than proven reserves, enhancing project economics.
Evidence · table
“104,664”
Context: Sadiola Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenKorali-Sud Mine · goldTonnes: 1658000Grade: 0.68Grade Unit: g/tContained Metal: 36Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Korali-Sud Mine has modest proven gold reserves with a relatively low grade, indicating limited standalone economic viability but potentially contributing to the Sadiola complex.
Negative factors
- Relatively low grade for proven reserves.
Evidence · table
“1,658”
Context: Korali-Sud Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableKorali-Sud Mine · goldTonnes: 1275000Grade: 1.56Grade Unit: g/tContained Metal: 64Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alejandro Garrone, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Korali-Sud Mine's probable reserves, though small in tonnage, have a good grade, which could enhance the overall resource profile when combined with Sadiola.
Positive factors
- Higher grade than proven reserves, improving economic potential.
Evidence · table
“1,275”
Context: Korali-Sud Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenKurmuk Project · goldTonnes: 7893000Grade: 1.28Grade Unit: g/tContained Metal: 324Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Kurmuk Project has a good base of proven gold reserves, supporting its development towards mid-2026 production.
Positive factors
- Solid proven reserves for a developing project, providing a foundation for future production.
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
- Chelsey Protulipac, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Kurmuk Project's substantial probable gold reserves, combined with its proven reserves, indicate a robust and long-life project with significant production potential.
Positive factors
- Very large probable reserves, significantly enhancing the project's long-term potential.
- Consistent grade with proven reserves.
Evidence · table
“56,057”
Context: Kurmuk Project
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenBonikro Mine · goldTonnes: 6601000Grade: 0.87Grade Unit: g/tContained Metal: 185Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Bonikro Mine has a moderate amount of proven gold reserves, but the grade is relatively low, which could impact economic viability.
Negative factors
- Relatively low grade for proven reserves.
Evidence · table
“6,601”
Context: Bonikro Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableBonikro Mine · goldTonnes: 26217000Grade: 1.32Grade Unit: g/tContained Metal: 1111Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Bonikro Mine's substantial probable gold reserves, with a higher grade than proven reserves, provide a strong outlook for future production.
Positive factors
- Significant probable reserves with a good grade, enhancing the mine's future production profile.
Evidence · table
“26,217”
Context: Bonikro Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
provenAgbaou Mine · goldTonnes: 1798000Grade: 1.07Grade Unit: g/tContained Metal: 62Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Agbaou Mine has modest proven gold reserves, which may limit its long-term production potential without further resource conversion.
Negative factors
- Relatively small proven reserves, indicating a shorter mine life or limited current economic base.
Evidence · table
“1,798”
Context: Agbaou Mine
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
probableAgbaou Mine · goldTonnes: 3810000Grade: 1.53Grade Unit: g/tContained Metal: 188Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Chelsey Protulipac, Esteban Chacon
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Agbaou Mine's probable reserves, while moderate in tonnage, have a good grade, which could support its continued operation.
Positive factors
- Good grade for probable reserves, enhancing economic potential.
Evidence · table
“3,810”
Context: Agbaou Mine
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredSadiola Mine · goldTonnes: 49326000Grade: 1.06Grade Unit: g/tContained Metal: 1686Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Alejandro Garrone
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Sadiola Mine holds significant measured gold resources, providing a strong foundation for future mine planning and reserve conversion.
Positive factors
- Substantial measured resources, indicating high geological confidence.
Evidence · table
“49,326”
Context: Sadiola Mine
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedSadiola Mine · goldTonnes: 158434000Grade: 1.55Grade Unit: g/tContained Metal: 7872Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Alejandro Garrone
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Sadiola Mine's extensive indicated gold resources, with a favorable grade, represent a substantial future growth opportunity for the company.
Positive factors
- Very large indicated resources with good grade, offering significant potential for reserve conversion.
Evidence · table
“158,434”
Context: Sadiola Mine
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredKorali-Sud Mine · goldTonnes: 2117000Grade: 0.68Grade Unit: g/tContained Metal: 46Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Alejandro Garrone
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Korali-Sud Mine has small measured gold resources with a low grade, suggesting limited standalone economic potential.
Negative factors
- Low grade for measured resources, limiting economic attractiveness.
Evidence · table
“2,117”
Context: Korali-Sud Mine
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedKorali-Sud Mine · goldTonnes: 5863000Grade: 1.11Grade Unit: g/tContained Metal: 209Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Alejandro Garrone
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Korali-Sud Mine has moderate indicated gold resources, which could contribute to the overall resource base of the Sadiola complex.
Evidence · table
“5,863”
Context: Korali-Sud Mine
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredKurmuk Project · goldTonnes: 7748000Grade: 1.45Grade Unit: g/tContained Metal: 361Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Kurmuk Project has a good base of measured gold resources with a favorable grade, supporting its ongoing development.
Positive factors
- Solid measured resources with good grade, providing confidence for project development.
Evidence · table
“7,748”
Context: Kurmuk Project
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedKurmuk Project · goldTonnes: 64969000Grade: 1.44Grade Unit: g/tContained Metal: 3002Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Kurmuk Project's substantial indicated gold resources, with a consistent grade, significantly enhance its long-term production outlook.
Positive factors
- Very large indicated resources with good grade, offering significant potential for reserve conversion and mine life extension.
Evidence · table
“64,969”
Context: Kurmuk Project
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredBonikro Mine · goldTonnes: 8339000Grade: 1.14Grade Unit: g/tContained Metal: 306Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Bonikro Mine has a moderate amount of measured gold resources, providing a reasonable level of confidence for current operations.
Evidence · table
“8,339”
Context: Bonikro Mine
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedBonikro Mine · goldTonnes: 32316000Grade: 1.38Grade Unit: g/tContained Metal: 1436Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Bonikro Mine's substantial indicated gold resources, with a good grade, contribute positively to its long-term operational outlook.
Positive factors
- Significant indicated resources with good grade, supporting future mine planning.
Evidence · table
“32,316”
Context: Bonikro Mine
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
measuredAgbaou Mine · goldTonnes: 3064000Grade: 1.25Grade Unit: g/tContained Metal: 123Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Agbaou Mine has a moderate amount of measured gold resources, providing a reasonable level of confidence for current operations.
Evidence · table
“3,064”
Context: Agbaou Mine
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedAgbaou Mine · goldTonnes: 4537000Grade: 1.73Grade Unit: g/tContained Metal: 252Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Agbaou Mine's indicated gold resources, with a favorable grade, contribute positively to its future operational outlook.
Positive factors
- Good grade for indicated resources, enhancing economic potential.
Evidence · table
“4,537”
Context: Agbaou Mine
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredSadiola Mine · goldTonnes: 45547000Grade: 1.13Grade Unit: g/tContained Metal: 1656Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Sadiola Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Alejandro Garrone
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Sadiola Mine's substantial inferred gold resources suggest considerable potential for future resource growth and mine life extension through further drilling.
Positive factors
- Large inferred resources, indicating significant exploration upside.
Evidence · table
“45,547”
Context: Sadiola Mine
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredKorali-Sud Mine · goldTonnes: 1209000Grade: 1.66Grade Unit: g/tContained Metal: 65Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Korali-Sud Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Alejandro Garrone
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Korali-Sud Mine has modest inferred gold resources with a good grade, indicating some potential for future conversion.
Positive factors
- Good grade for inferred resources.
Evidence · table
“1,209”
Context: Korali-Sud Mine
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredKurmuk Project · goldTonnes: 4988000Grade: 1.35Grade Unit: g/tContained Metal: 217Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Kurmuk Project
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Kurmuk Project has a good base of inferred gold resources, suggesting additional upside potential as the project advances.
Positive factors
- Solid inferred resources, indicating further exploration potential for the developing project.
Evidence · table
“4,988”
Context: Kurmuk Project
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredBonikro Mine · goldTonnes: 1659000Grade: 1.65Grade Unit: g/tContained Metal: 88Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Bonikro Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Bonikro Mine has modest inferred gold resources with a good grade, indicating some potential for future conversion and mine life extension.
Positive factors
- Good grade for inferred resources.
Evidence · table
“1,659”
Context: Bonikro Mine
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredAgbaou Mine · goldTonnes: 781000Grade: 2.62Grade Unit: g/tContained Metal: 66Contained Unit: k ouncesView all detailsHide details
Identity
- Project
- Agbaou Mine
- Commodity
- gold
- Ticker
- AAUC
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Esteban Chacon, Chelsey Protulipac
- 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
- 2026-03-31T00:00:00.000Z
Reasoning: Agbaou Mine has small inferred gold resources but with a very high grade, suggesting significant upside potential if these resources can be upgraded.
Positive factors
- Very high grade for inferred resources, indicating strong potential if converted.
Evidence · table
“781”
Context: Agbaou Mine
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.