Altair Gold Files NI 43-101 Report
Original announcement by tmx on
- Company
- Altair Gold Incorporated
- Ticker
- AVX
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Copper
- Document categories
- Resource update
- Extracted
- 2026-09-19 17:43:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Altair Gold has filed a NI 43-101 technical report for the Kena gold project in British Columbia, featuring an updated mineral resource estimate. The update highlights a 173% increase in the Inferred resource following the integration of the Kena Gold and Gold Mountain zones into the new KGM Zone.
Reasoning: The update reports a substantial expansion of the Inferred resource due to the modeling of the KGZ and GMZ as a single continuous zone (KGM Zone), though the resource remains heavily weighted toward the Inferred category.
Positive factors
- Significant increase in Inferred resource (173%)
- Expansion of mineralized footprint through zone connection
- QP/CP sign-off provided
Negative factors
- High proportion of Inferred resource (approx 78% of total tonnes)
Facts used in scoring: 4
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A large portion of the resource is classified as Inferred.
Evidence · text
“Inferred 90,440,000”
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: The Inferred resource estimate increased by 173%.
Evidence · text
“The 2013 resource estimate represents a 173% increase in the Inferred estimate.”
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: Qualified Persons Gary Giroux and Vivian Park are named in the technical report.
Evidence · text
“prepared for Altair by Gary Giroux, P. Eng., MASc. and Vivian Park, P. Geo.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The cut-off grade for the resource estimate is explicitly stated.
Evidence · text
“reported at a cut-off grade of 0.3 g/pt gold.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The source explicitly discloses a revised resource estimate
Evidence · text
“updated resource estimate”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Resource Estimates (4)
measuredKena Gold Project · goldTonnes: 6690000Grade: 0.77Grade Unit: g/tContained Metal: 165000Contained Unit: ozView all detailsHide details
Identity
- Project
- Kena Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- AVX
Resource scope
- Estimate type
- resource
- Effective date
- 2013-02-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gary Giroux, Vivian Park
- Resource group id
- resource:901c017ef504eee8aa5f
- Deposit or zone
- KGM Zone
Resource Data
- Category
- measured
- Tonnes
- 6690000
- Grade
- 0.77
- Grade Unit
- g/t
- Contained Metal
- 165000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2013-02-07
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Standard measured resource component of the update.
Evidence · table
“0.77”
Context: 6,690,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKena Gold Project · goldTonnes: 18600000Grade: 0.54Grade Unit: g/tContained Metal: 325000Contained Unit: ozView all detailsHide details
Identity
- Project
- Kena Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- AVX
Resource scope
- Estimate type
- resource
- Effective date
- 2013-02-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gary Giroux, Vivian Park
- Resource group id
- resource:25cd25bacc1791d79abb
- Deposit or zone
- KGM Zone
Resource Data
- Category
- indicated
- Tonnes
- 18600000
- Grade
- 0.54
- Grade Unit
- g/t
- Contained Metal
- 325000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2013-02-07
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Standard indicated resource component of the update.
Evidence · table
“0.54”
Context: 18,600,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKena Gold Project · goldTonnes: 90440000Grade: 0.48Grade Unit: g/tContained Metal: 1399000Contained Unit: ozView all detailsHide details
Identity
- Project
- Kena Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- AVX
Resource scope
- Estimate type
- resource
- Effective date
- 2013-02-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gary Giroux, Vivian Park
- Resource group id
- resource:9e52a163475093c90e5b
- Deposit or zone
- KGM Zone
Resource Data
- Category
- inferred
- Tonnes
- 90440000
- Grade
- 0.48
- Grade Unit
- g/t
- Contained Metal
- 1399000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2013-02-07
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Significant expansion of the inferred resource footprint.
Positive factors
- 173% increase in inferred resource
Negative factors
- High proportion of inferred material
Evidence · table
“0.48”
Context: 90,440,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKena Gold Project · goldTonnes: 25280000Grade: 0.6Grade Unit: g/tView all detailsHide details
Identity
- Project
- Kena Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- AVX
Resource scope
- Estimate type
- resource
- Effective date
- 2013-02-07T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Gary Giroux, Vivian Park
- Resource group id
- resource:6a7548fe2c66888013f2
- Deposit or zone
- KGM Zone
Resource Data
- Category
- indicated
- Tonnes
- 25280000
- Grade
- 0.6
- Grade Unit
- g/t
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2013-02-07
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Standard indicated resource component of the update. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.60”
Context: 25,280,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.