# Altair Gold Files NI 43-101 Report Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/altair-gold-files-ni-43-101-report--188461f6-dbbf-4234-8acb-274bb2ba797c Original source: https://money.tmx.com/en/quote/AVX/news/49970765/altair-gold-files-ni-43-101-report Publisher: tmx Original announcement: 2013-06-12T15:14:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas 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 factor: Significant increase in Inferred resource \(173%\) - Positive factor: Expansion of mineralized footprint through zone connection - Positive factor: QP/CP sign-off provided - Negative factor: High proportion of Inferred resource \(approx 78% of total tonnes\) Facts used in scoring: 4 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: 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 Growth** Polarity: positive Definition: 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 Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: 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 Disclosed** Polarity: positive Definition: 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 Update** Polarity: neutral Definition: 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) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/altair-gold-files-ni-43-101-report--188461f6-dbbf-4234-8acb-274bb2ba797c#fact-resource-facts-0) Kena Gold Project · gold #### 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 Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/altair-gold-files-ni-43-101-report--188461f6-dbbf-4234-8acb-274bb2ba797c#fact-resource-facts-1) Kena Gold Project · gold #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/altair-gold-files-ni-43-101-report--188461f6-dbbf-4234-8acb-274bb2ba797c#fact-resource-facts-2) Kena Gold Project · gold #### 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 factor: 173% increase in inferred resource - Negative factor: High proportion of inferred material Evidence · table > 0.48 Context: 90,440,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/altair-gold-files-ni-43-101-report--188461f6-dbbf-4234-8acb-274bb2ba797c#fact-resource-facts-3) Kena Gold Project · gold #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: 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.