# Amarillo Gold Provides New Resource Model, increases Measured Resource by 53% @ 2.00 g/t Au Mara Rosa Project, Brazil Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5 Original source: https://money.tmx.com/en/quote/AGC/news/8869652942354737/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00 Publisher: tmx Original announcement: 2016-07-21T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Amarillo Gold Corp. - Ticker: AGC - Exchange: TSX - Region: Goias, Brazil - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-09-13 11:35:24 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Amarillo Gold has announced a new resource model for the Posse deposit at the Mara Rosa Project in Brazil. The update shows a 53% increase in Measured gold resources and an 84% increase in Inferred resources compared to the 2011 estimate. Reasoning: Significant growth in Measured and Inferred categories driven by new drilling and improved modeling, increasing project scale and confidence. - Positive factor: Measured resource increased by 53% - Positive factor: Inferred resource increased 84% - Positive factor: Improved geological confidence with higher M&I proportion - Positive factor: Deposit remains open to depth and along strike - Positive factor: QP sign-off provided Facts used in scoring: 6 ## Classification and evidence **Category Upgrade** Polarity: positive Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. Why it applies: The proportion of M+I category that moved to Measured increased confidence. Evidence · text > The proportion of the \(M+I\) category which has moved to a Measured resource increases confidence in the model. **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: Inferred resource tonnage increased by 84% over the 2011 estimate. Evidence · text > Inferred resource has increased 84% over the 2011 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: Keith Whitehouse of AusIMM is named as the independent QP. Evidence · text > Keith Whitehouse is the independent Qualified Person \(QP\) for this resource statement **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 0.5 g/t cutoff is explicitly stated for the new estimate. Evidence · text > calculated the new resource estimate at a 0.5 g/t cutoff ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Resource Estimates (6) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5#fact-resource-facts-0) Mara Rosa Project · gold #### Identity - Project: Mara Rosa Project - Commodity: gold - Region: brazil - Reported Region: Goias, Brazil - Ticker: AGC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Keith Whitehouse - Resource group id: resource:71e1c581fbae885f9af9 - Deposit or zone: Posse - Mining method: combined #### Resource Data - Category: measured - Tonnes: 8568000 - Grade: 2 - Grade Unit: g/t - Contained Metal: 551100 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2016-07-21 #### Lab - Laboratory: Australian Exploration Field Services Ltd #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2016-07-21T00:00:00.000Z Reasoning: Strong growth in high-confidence category. - Positive factor: 53% increase in measured category Evidence · table > 2.00 Context: 8,568,000 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5#fact-resource-facts-1) Mara Rosa Project · gold #### Identity - Project: Mara Rosa Project - Commodity: gold - Region: brazil - Reported Region: Goias, Brazil - Ticker: AGC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Keith Whitehouse - Resource group id: resource:0d0671a3c3e707a37964 - Deposit or zone: Posse - Mining method: combined #### Resource Data - Category: indicated - Tonnes: 13458000 - Grade: 1.52 - Grade Unit: g/t - Contained Metal: 659000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2016-07-21 #### Lab - Laboratory: Australian Exploration Field Services Ltd #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2016-07-21T00:00:00.000Z Reasoning: Standard indicated resource component. Evidence · table > 1.52 Context: 13,458,000 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5#fact-resource-facts-2) Mara Rosa Project · gold #### Identity - Project: Mara Rosa Project - Commodity: gold - Region: brazil - Reported Region: Goias, Brazil - Ticker: AGC #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Keith Whitehouse - Resource group id: resource:ea2945d22945573ba10f - Deposit or zone: Posse - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 7119000 - Grade: 1.26 - Grade Unit: g/t - Contained Metal: 287700 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2016-07-21 #### Lab - Laboratory: Australian Exploration Field Services Ltd #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2016-07-21T00:00:00.000Z Reasoning: Significant expansion of the resource footprint. - Positive factor: 84% increase in inferred category Evidence · table > 1.26 Context: 7,119,000 #### 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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5#fact-resource-facts-3) Mara Rosa Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Mara Rosa Project - Commodity: gold - Region: brazil - Reported Region: Goias, Brazil - Ticker: AGC #### Resource scope - Estimate type: resource - QP Signed: No - Resource group id: resource:81e7faf14e7929d7ed84 - Deposit or zone: Posse #### Resource Data - Category: measured - Tonnes: 5463000 - Grade: 2.04 - Grade Unit: g/t - Contained Metal: 358300 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2011-09-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2011-09-01T00:00:00.000Z #### Dates - Event date: 2016-07-21T00:00:00.000Z Reasoning: Historical baseline for comparison. Evidence · table > 2.04 Context: 5,463,000 #### 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 **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.9 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5#fact-resource-facts-4) Mara Rosa Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Mara Rosa Project - Commodity: gold - Region: brazil - Reported Region: Goias, Brazil - Ticker: AGC #### Resource scope - Estimate type: resource - QP Signed: No - Resource group id: resource:a2cfd0e620f0c24406da - Deposit or zone: Posse #### Resource Data - Category: indicated - Tonnes: 15393000 - Grade: 1.65 - Grade Unit: g/t - Contained Metal: 816600 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2011-09-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2011-09-01T00:00:00.000Z #### Dates - Event date: 2016-07-21T00:00:00.000Z Reasoning: Historical baseline for comparison. Evidence · table > 1.65 Context: 15,393,000 #### 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 **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.9 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-provides-new-resource-model-increases-measured-resource-by-53-2-00--c30ae82e-79d7-4d40-b20b-d5140666dcb5#fact-resource-facts-5) Mara Rosa Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Mara Rosa Project - Commodity: gold - Region: brazil - Reported Region: Goias, Brazil - Ticker: AGC #### Resource scope - Estimate type: resource - QP Signed: No - Resource group id: resource:3ea723773f9e6b6e2fe4 - Deposit or zone: Posse #### Resource Data - Category: inferred - Tonnes: 3630000 - Grade: 1.34 - Grade Unit: g/t - Contained Metal: 156400 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2011-09-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2011-09-01T00:00:00.000Z #### Dates - Event date: 2016-07-21T00:00:00.000Z Reasoning: Historical baseline for comparison. Evidence · table > 1.34 Context: 3,630,000 #### 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 **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 **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.9 years before this release ## 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.