# Amarillo Gold Updates Resource Model, Files Technical Report. Mara Rosa Project, Brazil

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br--ec72eeda-a3ee-4cce-bd8b-efa7b6c7c12f

Original source: https://money.tmx.com/en/quote/AGC/news/8086101588043871/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br

Publisher: tmx

Original announcement: 2016-09-27T13:30:00.000Z

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, Permitting

- Extracted: 2026-09-13 11:35:54 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Amarillo Gold Corp has released a new NI 43-101 technical report for the Posse deposit at the Mara Rosa project in Brazil. The updated resource estimate shows 22.03 Mt at 1.71 g/t gold \(M&I\) and the company has obtained a Preliminary License \(LP\) for the project.

Reasoning: The update provides a new resource model for the Posse deposit with improved ounces in the measured category and a key permitting milestone \(LP\).

- Positive factor: Resource improvement noted vs July release

- Positive factor: Obtained LP \(Preliminary License\) permitting milestone

- Positive factor: QP sign-off provided by independent consultant

- Negative factor: Resource is not reserves and lacks demonstrated economic viability

Facts used in scoring: 3

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The technical report is stated to be a 43-101 technical report.

Evidence · text

> 43-101 technical report to support the new resource model

**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, an independent QP, has reviewed and approved the content.

Evidence · text

> He has reviewed and approved the content of this News Release.

**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 resource estimate was calculated at a 0.5 g/t cutoff.

Evidence · text

> calculated the new resource estimate at a 0.5 g/t cutoff

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Resource Estimates (3)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br--ec72eeda-a3ee-4cce-bd8b-efa7b6c7c12f#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:c67ee4cb06f067104820
- Deposit or zone: Posse
- Mining method: combined

#### Resource Data

- Category: measured
- Tonnes: 8877000
- Grade: 1.98
- Grade Unit: g/t
- Contained Metal: 563700
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Lab

- Laboratory: Australian Exploration Field Services Ltd

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2016-09-27T00:00:00.000Z

Reasoning: Measured resource provides the highest level of geological confidence.

- Positive factor: High confidence category

Evidence · table

> 1.98

Context: 8,877,000

#### 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

**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-updates-resource-model-files-technical-report-mara-rosa-project-br--ec72eeda-a3ee-4cce-bd8b-efa7b6c7c12f#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:76e8c739b47c24d34fc0
- Deposit or zone: Posse
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 13149000
- Grade: 1.53
- Grade Unit: g/t
- Contained Metal: 646500
- Contained Unit: oz
- Cutoff Grade: 0.5
- Cutoff Unit: g/t

#### Lab

- Laboratory: Australian Exploration Field Services Ltd

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2016-09-27T00:00:00.000Z

Reasoning: Indicated resource provides reasonable geological confidence.

- Positive factor: Reasonable geological confidence

Evidence · table

> 1.53

Context: 13,149,000

#### 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

**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-updates-resource-model-files-technical-report-mara-rosa-project-br--ec72eeda-a3ee-4cce-bd8b-efa7b6c7c12f#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

#### Lab

- Laboratory: Australian Exploration Field Services Ltd

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2016-09-27T00:00:00.000Z

Reasoning: Inferred resource has limited geological confidence.

- Negative factor: Speculative 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

**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

## 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.