# Bravada Files Technical Report Significantly Increasing the In-pit Au/Ag Resource for Wind Mountain Project, Nevada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/bravada-files-technical-report-significantly-increasing-the-in-pit-au-ag-resourc--57e28dde-82c8-4f9b-a65e-441605e79218 Original source: https://money.tmx.com/en/quote/BVA/news/6122303494848722/bravada-files-technical-report-significantly-increasing-the-in-pit-au-ag-resourc Publisher: tmx Original announcement: 2025-10-24T21:03:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Bravada Gold Corporation - Ticker: BVA - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update - Extracted: 2026-09-15 15:21:49 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Bravada Gold Corporation has filed an updated Technical Report for the Wind Mountain project in Nevada, significantly increasing the in-pit gold and silver mineral resources. The update, part of an ongoing Pre-Feasibility Study, shows Indicated gold resources up 15% and Inferred gold resources up 292%, with potential mine life extending to over 10 years. Reasoning: The update shows massive growth in Inferred gold and silver resources \(292% and 490% respectively\) and significant expansion of Indicated resources, driven by reclassifying previously considered waste as profitable ore. - Positive factor: Significant tonnage growth in Inferred category - Positive factor: Indicated resource expansion - Positive factor: Improved strip ratio - Positive factor: Extended mine life from 4.2 to >10 years - Positive factor: QP/CP sign-off provided - Negative factor: Inferred resources remain speculative Facts used in scoring: 4 ## 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 report was prepared in accordance with NI 43-101 standards. Evidence · text > prepared in accordance with Canadian Securities Administrators' National Instrument 43-101 \("NI 43-101"\) **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The update includes a significant Inferred component which is speculative. Evidence · text > includes inferred mineral resources that are considered too speculative geologically ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/bravada-files-technical-report-significantly-increasing-the-in-pit-au-ag-resourc--57e28dde-82c8-4f9b-a65e-441605e79218#fact-resource-facts-0) wind mountain · gold #### Identity - Project: wind mountain - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: BVA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Thomas Dyer, Michael Lindholm, Jeffery Woods - Resource group id: resource:4c0e216268e89383c0b7 - Deposit or zone: Wind Mountain - Mining method: open\_pit - Material type: mixed - Resource basis: gross #### Resource Data - Category: indicated - Cutoff Grade: 0.004 - Cutoff Unit: oz Au/ton #### Prior Estimate - Resource Date: 2025-09-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-24T00:00:00.000Z Reasoning: Indicated gold resource increased by 15% vs 2022 baseline. - Positive factor: 15% increase in Indicated gold resources compared to 2022 Evidence · text > Indicated Resources increased by 15% for gold #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **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/bravada-files-technical-report-significantly-increasing-the-in-pit-au-ag-resourc--57e28dde-82c8-4f9b-a65e-441605e79218#fact-resource-facts-1) wind mountain · silver #### Identity - Project: wind mountain - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: BVA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Thomas Dyer, Michael Lindholm, Jeffery Woods - Resource group id: resource:4c0e216268e89383c0b7 - Deposit or zone: Wind Mountain - Mining method: open\_pit - Material type: mixed - Resource basis: gross #### Resource Data - Category: indicated - Cutoff Grade: 0.004 - Cutoff Unit: oz Au/ton #### Prior Estimate - Resource Date: 2025-09-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-24T00:00:00.000Z Reasoning: Indicated silver resource increased by 20% vs 2022 baseline. - Positive factor: 20% increase in Indicated silver resources Evidence · text > Indicated Resources increased by ... 20% for silver #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **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/bravada-files-technical-report-significantly-increasing-the-in-pit-au-ag-resourc--57e28dde-82c8-4f9b-a65e-441605e79218#fact-resource-facts-2) wind mountain · gold #### Identity - Project: wind mountain - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: BVA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Thomas Dyer, Michael Lindholm, Jeffery Woods - Resource group id: resource:485e1b476e905a1aa4ba - Deposit or zone: Wind Mountain - Mining method: open\_pit - Material type: mixed - Resource basis: gross #### Resource Data - Category: inferred - Cutoff Grade: 0.004 - Cutoff Unit: oz Au/ton #### Prior Estimate - Resource Date: 2025-09-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-24T00:00:00.000Z Reasoning: Massive expansion of Inferred gold resource \(292%\) due to reclassification of waste to ore. - Positive factor: 292% increase in Inferred gold resources - Negative factor: Inferred category is speculative Evidence · text > Inferred Resources increased by 292% for gold #### 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 **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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **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/bravada-files-technical-report-significantly-increasing-the-in-pit-au-ag-resourc--57e28dde-82c8-4f9b-a65e-441605e79218#fact-resource-facts-3) wind mountain · silver #### Identity - Project: wind mountain - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: BVA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Thomas Dyer, Michael Lindholm, Jeffery Woods - Resource group id: resource:485e1b476e905a1aa4ba - Deposit or zone: Wind Mountain - Mining method: open\_pit - Material type: mixed - Resource basis: gross #### Resource Data - Category: inferred - Cutoff Grade: 0.004 - Cutoff Unit: oz Au/ton #### Prior Estimate - Resource Date: 2025-09-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-24T00:00:00.000Z Reasoning: Massive expansion of Inferred silver resource \(490%\) due to reclassification of waste to ore. - Positive factor: 490% increase in Inferred silver resources - Negative factor: Inferred category is speculative Evidence · text > Inferred Resources increased by ... 490% for silver #### 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 **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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **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.