Capstone Copper Completes Acquisition of San Pietro Copper Concessions, Consolidating the Mantoverde-Santo Domingo Copper District

Original announcement by tmx on

Company
Capstone Copper Corp.
Ticker
CS
Exchange
TSX
Region
Atacama Region, Chile
Primary commodity
Copper
Secondary commodities
Gold, Iron ore, Cobalt
Document categories
Resource update, Agreement transaction
Extracted
2026-09-15 18:23:44 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Capstone Copper has completed the acquisition of the San Pietro copper-gold-iron-cobalt project in Chile's Atacama Region, strategically consolidating its Mantoverde-Santo Domingo copper district. The acquisition adds approximately 16,000 hectares of prospective ground and an initial NI 43-101 compliant Inferred Mineral Resource of 492 million tonnes grading 0.23% copper and 0.05 g/t gold at San Pietro. The company also provided updated Mineral Resource and Reserve estimates for its Mantoverde and Santo Domingo projects, further strengthening its position in the region.

Reasoning: Capstone Copper's acquisition of the San Pietro project significantly expands its resource base and consolidates its strategic position in the Atacama copper district, despite the initial San Pietro resource being entirely Inferred. The release also provides updated, NI 43-101 compliant resource and reserve estimates for its Mantoverde and Santo Domingo projects, all signed off by a Qualified Person.

Positive factors

  • Strategic Acquisition
  • Significant Resource Addition
  • District Consolidation
  • Exploration Upside
  • QP/CP Signed
  • NI 43-101 Compliant
  • Contained Metal Growth

Negative factors

  • All Inferred
  • Historical Estimate Only
  • Cut-off Undisclosed

Facts used in scoring: 89

Classification and evidence

Acquisition Completedpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: Capstone Copper announced the completion of the acquisition of the San Pietro copper concessions.

Evidence · text

“Capstone Copper Completes Acquisition of San Pietro Copper Concessions”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The Rincones and Colla deposits at San Pietro host an existing NI 43-101 compliant Inferred Mineral Resource, which is the initial resource estimate for the project.

Evidence · text

“The Project includes the Rincones and Colla deposits, which host an existing NI 43-101 compliant Inferred Mineral Resource of 492 million tonnes”

All Inferrednegative

M&I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The San Pietro resource estimate is entirely comprised of Inferred Mineral Resources (83 million tonnes of oxide Inferred and 410 million tonnes of sulphide Inferred).

Evidence · text

“The Rincones and Colla initial resource estimate comprises 83 million tonnes of oxide Inferred Mineral Resource and 410 million tonnes of sulphide Inferred Mineral Resource.”

NI 43-101 Compliantpositive

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

Why it applies: The San Pietro resource is stated to be NI 43-101 compliant.

Evidence · text

“NI 43-101 compliant Inferred Mineral Resource”

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: The San Pietro resource was completed by independent qualified persons (Dr. Bruce David, PhD, FAusIMM and Susan Lomas, P.Geo).

Evidence · text

“completed by independent qualified persons (Dr. Bruce David, PhD, FAusIMM and Susan Lomas, P.Geo)”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides updated Mineral Resource estimates for Mantoverde and Santo Domingo.

Evidence · text

“Estimated Mineral Resources & Mineral Reserves for Mantoverde and Santo Domingo”

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports Proven Reserves for Santo Domingo and Mantoverde.

Evidence · table

“Proven”

Context: 130,945

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports Probable Reserves for Santo Domingo and Mantoverde.

Evidence · table

“Probable”

Context: 305,111

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The Sierra Norte resource is explicitly stated as a 'Historical Mineral Resource' and 'strictly historical in nature and are non compliant with NI 43-101'.

Evidence · text

“Historical Mineral Resource Estimate for Sierra Norte”

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: The Sierra Norte historical estimate states that 'A qualified person has not done sufficient work to classify the historical estimates as current “mineral resources”'.

Evidence · text

“A qualified person has not done sufficient work to classify the historical estimates as current “mineral resources””

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The specific cut-off grade for Mantoverde reserves is not a single value but varies by process and zone, making direct comparison difficult.

Evidence · text

“Mineral Reserves for flotation are estimated above a 0.20% Total Copper (TCu) cut-off. Mineral Reserves for leach are estimated above a 0.10% Soluble Copper (SCu) cut-off for Dump leach, with a variable Heap cut-off between 0.16% and 0.21% SCu to reflect ore availability.”

Extracted facts

Stored fact records: 89. Some facts used in scoring do not have a stored record.

Resource Estimates (89)

inferredSan Pietro · copperTonnes: 83000000Grade: 0.23Grade Unit: %Contained Metal: 759Contained Unit: mlbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:1cde1b340185e1e4ec13
Material type
oxide

Resource Data

Category
inferred
Tonnes
83000000
Grade
0.23
Grade Unit
%
Contained Metal
759
Contained Unit
mlb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for copper in the oxide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“0.23”

Context: 83

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

inferredSan Pietro · goldTonnes: 83000000Grade: 0.06Grade Unit: g/tContained Metal: 150Contained Unit: kozView all details
Link to this fact

Identity

Project
San Pietro
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:1cde1b340185e1e4ec13
Material type
oxide

Resource Data

Category
inferred
Tonnes
83000000
Grade
0.06
Grade Unit
g/t
Contained Metal
150
Contained Unit
koz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for gold in the oxide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“0.06”

Context: 83

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

inferredSan Pietro · cobaltTonnes: 83000000Grade: 96Grade Unit: ppmContained Metal: 17Contained Unit: mlbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:1cde1b340185e1e4ec13
Material type
oxide

Resource Data

Category
inferred
Tonnes
83000000
Grade
96
Grade Unit
ppm
Contained Metal
17
Contained Unit
mlb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for cobalt in the oxide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“96”

Context: 83

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

inferredSan Pietro · iron_oreTonnes: 83000000Grade: 14.8Grade Unit: %Contained Metal: 27Contained Unit: blbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:1cde1b340185e1e4ec13
Material type
oxide

Resource Data

Category
inferred
Tonnes
83000000
Grade
14.8
Grade Unit
%
Contained Metal
27
Contained Unit
blb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for iron in the oxide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“14.80”

Context: 83

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

inferredSan Pietro · copperTonnes: 410000000Grade: 0.23Grade Unit: %Contained Metal: 3686Contained Unit: mlbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:f4a6be602ba86ef8169c
Material type
sulphide

Resource Data

Category
inferred
Tonnes
410000000
Grade
0.23
Grade Unit
%
Contained Metal
3686
Contained Unit
mlb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for copper in the sulphide zone of the newly acquired San Pietro project, contributing significantly to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“0.23”

Context: 410

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

inferredSan Pietro · goldTonnes: 410000000Grade: 0.05Grade Unit: g/tContained Metal: 620Contained Unit: kozView all details
Link to this fact

Identity

Project
San Pietro
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:f4a6be602ba86ef8169c
Material type
sulphide

Resource Data

Category
inferred
Tonnes
410000000
Grade
0.05
Grade Unit
g/t
Contained Metal
620
Contained Unit
koz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for gold in the sulphide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“0.05”

Context: 410

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

inferredSan Pietro · cobaltTonnes: 410000000Grade: 99Grade Unit: ppmContained Metal: 90Contained Unit: mlbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:f4a6be602ba86ef8169c
Material type
sulphide

Resource Data

Category
inferred
Tonnes
410000000
Grade
99
Grade Unit
ppm
Contained Metal
90
Contained Unit
mlb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for cobalt in the sulphide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“99”

Context: 410

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

inferredSan Pietro · iron_oreTonnes: 410000000Grade: 14.35Grade Unit: %Contained Metal: 130Contained Unit: blbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:f4a6be602ba86ef8169c
Material type
sulphide

Resource Data

Category
inferred
Tonnes
410000000
Grade
14.35
Grade Unit
%
Contained Metal
130
Contained Unit
blb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for iron in the sulphide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“14.35”

Context: 410

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

inferredSan Pietro · copperTonnes: 492000000Grade: 0.23Grade Unit: %Contained Metal: 4444Contained Unit: mlbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:7c0113f8a2c2d0ead93d
Material type
mixed

Resource Data

Category
inferred
Tonnes
492000000
Grade
0.23
Grade Unit
%
Contained Metal
4444
Contained Unit
mlb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total maiden Inferred resource for copper at the newly acquired San Pietro project, representing a significant addition to the company's mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“0.23”

Context: 492

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

inferredSan Pietro · goldTonnes: 492000000Grade: 0.05Grade Unit: g/tContained Metal: 770Contained Unit: kozView all details
Link to this fact

Identity

Project
San Pietro
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:7c0113f8a2c2d0ead93d
Material type
mixed

Resource Data

Category
inferred
Tonnes
492000000
Grade
0.05
Grade Unit
g/t
Contained Metal
770
Contained Unit
koz
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total maiden Inferred resource for gold at the newly acquired San Pietro project, representing a significant addition to the company's mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“0.05”

Context: 492

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

inferredSan Pietro · cobaltTonnes: 492000000Grade: 99Grade Unit: ppmContained Metal: 107Contained Unit: mlbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:7c0113f8a2c2d0ead93d
Material type
mixed

Resource Data

Category
inferred
Tonnes
492000000
Grade
99
Grade Unit
ppm
Contained Metal
107
Contained Unit
mlb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total maiden Inferred resource for cobalt at the newly acquired San Pietro project, representing a significant addition to the company's mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“99”

Context: 492

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

inferredSan Pietro · iron_oreTonnes: 492000000Grade: 14.43Grade Unit: %Contained Metal: 157Contained Unit: blbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:7c0113f8a2c2d0ead93d
Material type
mixed

Resource Data

Category
inferred
Tonnes
492000000
Grade
14.43
Grade Unit
%
Contained Metal
157
Contained Unit
blb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total maiden Inferred resource for iron at the newly acquired San Pietro project, representing a significant addition to the company's mineral inventory, though its confidence level is low.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“14.43”

Context: 492

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

measuredSanto Domingo · copperTonnes: 134000000Grade: 0.51Grade Unit: %Contained Metal: 679Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:7f65e3e4a5be173d2de5

Resource Data

Category
measured
Tonnes
134000000
Grade
0.51
Grade Unit
%
Contained Metal
679
Contained Unit
kt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for copper at Santo Domingo provides high confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.51”

Context: 134,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

measuredSanto Domingo · goldTonnes: 134000000Grade: 0.07Grade Unit: g/tContained Metal: 293Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:7f65e3e4a5be173d2de5

Resource Data

Category
measured
Tonnes
134000000
Grade
0.07
Grade Unit
g/t
Contained Metal
293
Contained Unit
koz
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for gold at Santo Domingo provides high confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.07”

Context: 134,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

measuredSanto Domingo · iron_oreTonnes: 134000000Grade: 26.9Grade Unit: %Contained Metal: 36Contained Unit: mtView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:7f65e3e4a5be173d2de5

Resource Data

Category
measured
Tonnes
134000000
Grade
26.9
Grade Unit
%
Contained Metal
36
Contained Unit
mt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for iron at Santo Domingo provides high confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“26.9”

Context: 134,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

indicatedSanto Domingo · copperTonnes: 413000000Grade: 0.25Grade Unit: %Contained Metal: 1025Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:bc266ecfc497f5300970

Resource Data

Category
indicated
Tonnes
413000000
Grade
0.25
Grade Unit
%
Contained Metal
1025
Contained Unit
kt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for copper at Santo Domingo provides good confidence and significantly contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.25”

Context: 413,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

indicatedSanto Domingo · goldTonnes: 413000000Grade: 0.03Grade Unit: g/tContained Metal: 449Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:bc266ecfc497f5300970

Resource Data

Category
indicated
Tonnes
413000000
Grade
0.03
Grade Unit
g/t
Contained Metal
449
Contained Unit
koz
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for gold at Santo Domingo provides good confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.03”

Context: 413,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

indicatedSanto Domingo · copperTonnes: 547000000Grade: 0.31Grade Unit: %Contained Metal: 1704Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:d2597e25756e3e0248a5

Resource Data

Category
indicated
Tonnes
547000000
Grade
0.31
Grade Unit
%
Contained Metal
1704
Contained Unit
kt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for copper at Santo Domingo represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.31”

Context: 547,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

indicatedSanto Domingo · goldTonnes: 547000000Grade: 0.04Grade Unit: g/tContained Metal: 742Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:d2597e25756e3e0248a5

Resource Data

Category
indicated
Tonnes
547000000
Grade
0.04
Grade Unit
g/t
Contained Metal
742
Contained Unit
koz
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for gold at Santo Domingo represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.04”

Context: 547,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

indicatedSanto Domingo · iron_oreTonnes: 547000000Contained Metal: 131Contained Unit: mtView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:d2597e25756e3e0248a5

Resource Data

Category
indicated
Tonnes
547000000
Contained Metal
131
Contained Unit
mt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for iron at Santo Domingo represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“131”

Context: 547,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

inferredSanto Domingo · copperTonnes: 230000000Grade: 0.21Grade Unit: %Contained Metal: 477Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9ff39df9e79dcde39f48

Resource Data

Category
inferred
Tonnes
230000000
Grade
0.21
Grade Unit
%
Contained Metal
477
Contained Unit
kt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for copper at Santo Domingo adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.21”

Context: 230,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

inferredSanto Domingo · goldTonnes: 230000000Grade: 0.03Grade Unit: g/tContained Metal: 200Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9ff39df9e79dcde39f48

Resource Data

Category
inferred
Tonnes
230000000
Grade
0.03
Grade Unit
g/t
Contained Metal
200
Contained Unit
koz
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for gold at Santo Domingo adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.03”

Context: 230,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

inferredSanto Domingo · iron_oreTonnes: 230000000Contained Metal: 46Contained Unit: mtView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9ff39df9e79dcde39f48

Resource Data

Category
inferred
Tonnes
230000000
Contained Metal
46
Contained Unit
mt
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for iron at Santo Domingo adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“46”

Context: 230,000

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

measuredMantoverde · copperTonnes: 174942000Grade: 0.56Grade Unit: %Contained Metal: 988Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:551b168f2921fb2b6d81
Material type
Sulphides (Flotation)

Resource Data

Category
measured
Tonnes
174942000
Grade
0.56
Grade Unit
%
Contained Metal
988
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for copper in Mantoverde Sulphides (Flotation) provides high confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.56”

Context: 174,942

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

measuredMantoverde · goldTonnes: 174942000Grade: 0.1Grade Unit: g/tContained Metal: 588Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:551b168f2921fb2b6d81
Material type
Sulphides (Flotation)

Resource Data

Category
measured
Tonnes
174942000
Grade
0.1
Grade Unit
g/t
Contained Metal
588
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for gold in Mantoverde Sulphides (Flotation) provides high confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.10”

Context: 174,942

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

measuredMantoverde · cobaltTonnes: 174942000Grade: 178Grade Unit: ppmContained Metal: 31Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:551b168f2921fb2b6d81
Material type
Sulphides (Flotation)

Resource Data

Category
measured
Tonnes
174942000
Grade
178
Grade Unit
ppm
Contained Metal
31
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for cobalt in Mantoverde Sulphides (Flotation) provides high confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“178”

Context: 174,942

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

indicatedMantoverde · copperTonnes: 320165000Grade: 0.41Grade Unit: %Contained Metal: 1308Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:f0511f62c43ef5d59d48
Material type
Sulphides (Flotation)

Resource Data

Category
indicated
Tonnes
320165000
Grade
0.41
Grade Unit
%
Contained Metal
1308
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for copper in Mantoverde Sulphides (Flotation) provides good confidence and significantly contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.41”

Context: 320,165

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

indicatedMantoverde · goldTonnes: 320165000Grade: 0.1Grade Unit: g/tContained Metal: 1035Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:f0511f62c43ef5d59d48
Material type
Sulphides (Flotation)

Resource Data

Category
indicated
Tonnes
320165000
Grade
0.1
Grade Unit
g/t
Contained Metal
1035
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for gold in Mantoverde Sulphides (Flotation) provides good confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.10”

Context: 320,165

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

indicatedMantoverde · cobaltTonnes: 320165000Grade: 115Grade Unit: ppmContained Metal: 37Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:f0511f62c43ef5d59d48
Material type
Sulphides (Flotation)

Resource Data

Category
indicated
Tonnes
320165000
Grade
115
Grade Unit
ppm
Contained Metal
37
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for cobalt in Mantoverde Sulphides (Flotation) provides good confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“115”

Context: 320,165

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

indicatedMantoverde · copperTonnes: 495107000Grade: 0.46Grade Unit: %Contained Metal: 2296Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:ea30a98862b681fc50a9
Material type
Sulphides (Flotation)

Resource Data

Category
indicated
Tonnes
495107000
Grade
0.46
Grade Unit
%
Contained Metal
2296
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for copper in Mantoverde Sulphides (Flotation) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.46”

Context: 495,107

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

indicatedMantoverde · goldTonnes: 495107000Grade: 0.1Grade Unit: g/tContained Metal: 1623Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:ea30a98862b681fc50a9
Material type
Sulphides (Flotation)

Resource Data

Category
indicated
Tonnes
495107000
Grade
0.1
Grade Unit
g/t
Contained Metal
1623
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for gold in Mantoverde Sulphides (Flotation) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.10”

Context: 495,107

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

indicatedMantoverde · cobaltTonnes: 495107000Grade: 137Grade Unit: ppmContained Metal: 68Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:ea30a98862b681fc50a9
Material type
Sulphides (Flotation)

Resource Data

Category
indicated
Tonnes
495107000
Grade
137
Grade Unit
ppm
Contained Metal
68
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for cobalt in Mantoverde Sulphides (Flotation) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“137”

Context: 495,107

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

inferredMantoverde · copperTonnes: 550089000Grade: 0.37Grade Unit: %Contained Metal: 2035Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4302325a96eb27d08254
Material type
Sulphides (Flotation)

Resource Data

Category
inferred
Tonnes
550089000
Grade
0.37
Grade Unit
%
Contained Metal
2035
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for copper in Mantoverde Sulphides (Flotation) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.37”

Context: 550,089

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

inferredMantoverde · goldTonnes: 550089000Grade: 0.08Grade Unit: g/tContained Metal: 1416Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4302325a96eb27d08254
Material type
Sulphides (Flotation)

Resource Data

Category
inferred
Tonnes
550089000
Grade
0.08
Grade Unit
g/t
Contained Metal
1416
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for gold in Mantoverde Sulphides (Flotation) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.08”

Context: 550,089

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

inferredMantoverde · cobaltTonnes: 550089000Grade: 33Grade Unit: ppmContained Metal: 18Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4302325a96eb27d08254
Material type
Sulphides (Flotation)

Resource Data

Category
inferred
Tonnes
550089000
Grade
33
Grade Unit
ppm
Contained Metal
18
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for cobalt in Mantoverde Sulphides (Flotation) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“33”

Context: 550,089

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

measuredMantoverde · copperTonnes: 33048000Grade: 0.44Grade Unit: %Contained Metal: 145Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4fcae72405cadbadcdd6
Material type
mixed

Resource Data

Category
measured
Tonnes
33048000
Grade
0.44
Grade Unit
%
Contained Metal
145
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for copper in Mantoverde Sulphides Mixed (Flotation) provides high confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.44”

Context: 33,048

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

measuredMantoverde · goldTonnes: 33048000Grade: 0.09Grade Unit: g/tContained Metal: 92Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4fcae72405cadbadcdd6
Material type
mixed

Resource Data

Category
measured
Tonnes
33048000
Grade
0.09
Grade Unit
g/t
Contained Metal
92
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for gold in Mantoverde Sulphides Mixed (Flotation) provides high confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.09”

Context: 33,048

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

measuredMantoverde · cobaltTonnes: 33048000Grade: 76Grade Unit: ppmContained Metal: 3Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4fcae72405cadbadcdd6
Material type
mixed

Resource Data

Category
measured
Tonnes
33048000
Grade
76
Grade Unit
ppm
Contained Metal
3
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for cobalt in Mantoverde Sulphides Mixed (Flotation) provides high confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“76”

Context: 33,048

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

indicatedMantoverde · copperTonnes: 35335000Grade: 0.35Grade Unit: %Contained Metal: 124Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9f316c28f7d7d14b912b
Material type
mixed

Resource Data

Category
indicated
Tonnes
35335000
Grade
0.35
Grade Unit
%
Contained Metal
124
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for copper in Mantoverde Sulphides Mixed (Flotation) provides good confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.35”

Context: 35,335

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

indicatedMantoverde · goldTonnes: 35335000Grade: 0.08Grade Unit: g/tContained Metal: 96Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9f316c28f7d7d14b912b
Material type
mixed

Resource Data

Category
indicated
Tonnes
35335000
Grade
0.08
Grade Unit
g/t
Contained Metal
96
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for gold in Mantoverde Sulphides Mixed (Flotation) provides good confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.08”

Context: 35,335

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

indicatedMantoverde · cobaltTonnes: 35335000Grade: 90Grade Unit: ppmContained Metal: 3Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9f316c28f7d7d14b912b
Material type
mixed

Resource Data

Category
indicated
Tonnes
35335000
Grade
90
Grade Unit
ppm
Contained Metal
3
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for cobalt in Mantoverde Sulphides Mixed (Flotation) provides good confidence and contributes to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“90”

Context: 35,335

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

indicatedMantoverde · copperTonnes: 68383000Grade: 0.39Grade Unit: %Contained Metal: 269Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9d4f72d14eb5eaea9390
Material type
mixed

Resource Data

Category
indicated
Tonnes
68383000
Grade
0.39
Grade Unit
%
Contained Metal
269
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for copper in Mantoverde Sulphides Mixed (Flotation) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.39”

Context: 68,383

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

indicatedMantoverde · goldTonnes: 68383000Grade: 0.08Grade Unit: g/tContained Metal: 188Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9d4f72d14eb5eaea9390
Material type
mixed

Resource Data

Category
indicated
Tonnes
68383000
Grade
0.08
Grade Unit
g/t
Contained Metal
188
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for gold in Mantoverde Sulphides Mixed (Flotation) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.08”

Context: 68,383

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

indicatedMantoverde · cobaltTonnes: 68383000Grade: 83Grade Unit: ppmContained Metal: 6Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9d4f72d14eb5eaea9390
Material type
mixed

Resource Data

Category
indicated
Tonnes
68383000
Grade
83
Grade Unit
ppm
Contained Metal
6
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for cobalt in Mantoverde Sulphides Mixed (Flotation) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“83”

Context: 68,383

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

inferredMantoverde · copperTonnes: 19801000Grade: 0.29Grade Unit: %Contained Metal: 57Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c79390ee841f5ff34b28
Material type
mixed

Resource Data

Category
inferred
Tonnes
19801000
Grade
0.29
Grade Unit
%
Contained Metal
57
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for copper in Mantoverde Sulphides Mixed (Flotation) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.29”

Context: 19,801

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

inferredMantoverde · goldTonnes: 19801000Grade: 0.07Grade Unit: g/tContained Metal: 42Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c79390ee841f5ff34b28
Material type
mixed

Resource Data

Category
inferred
Tonnes
19801000
Grade
0.07
Grade Unit
g/t
Contained Metal
42
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for gold in Mantoverde Sulphides Mixed (Flotation) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.07”

Context: 19,801

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

inferredMantoverde · cobaltTonnes: 19801000Grade: 14Grade Unit: ppmContained Metal: 1Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
cobalt
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c79390ee841f5ff34b28
Material type
mixed

Resource Data

Category
inferred
Tonnes
19801000
Grade
14
Grade Unit
ppm
Contained Metal
1
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for cobalt in Mantoverde Sulphides Mixed (Flotation) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“14”

Context: 19,801

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

measuredMantoverde · copperTonnes: 87076000Grade: 0.43Grade Unit: %Contained Metal: 283Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:20e924caa35b5f88c03f
Material type
mixed

Resource Data

Category
measured
Tonnes
87076000
Grade
0.43
Grade Unit
%
Contained Metal
283
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for copper in Mantoverde Oxides + Mixed (Heap Leach) provides high confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.43”

Context: 87,076

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

indicatedMantoverde · copperTonnes: 53909000Grade: 0.39Grade Unit: %Contained Metal: 161Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:4f51addbd3dbd916d9f7
Material type
mixed

Resource Data

Category
indicated
Tonnes
53909000
Grade
0.39
Grade Unit
%
Contained Metal
161
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for copper in Mantoverde Oxides + Mixed (Heap Leach) provides good confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.39”

Context: 53,909

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

indicatedMantoverde · copperTonnes: 140985000Grade: 0.41Grade Unit: %Contained Metal: 444Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:082504919d307a86af3b
Material type
mixed

Resource Data

Category
indicated
Tonnes
140985000
Grade
0.41
Grade Unit
%
Contained Metal
444
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for copper in Mantoverde Oxides + Mixed (Heap Leach) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.41”

Context: 140,985

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

inferredMantoverde · copperTonnes: 8111000Grade: 0.38Grade Unit: %Contained Metal: 23Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:27592fe94b5f93949c83
Material type
mixed

Resource Data

Category
inferred
Tonnes
8111000
Grade
0.38
Grade Unit
%
Contained Metal
23
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for copper in Mantoverde Oxides + Mixed (Heap Leach) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.38”

Context: 8,111

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

measuredMantoverde · copperTonnes: 144629000Grade: 0.22Grade Unit: %Contained Metal: 210Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:a1ffb554b4d78531aff4
Material type
mixed

Resource Data

Category
measured
Tonnes
144629000
Grade
0.22
Grade Unit
%
Contained Metal
210
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for copper in Mantoverde Oxides + Mixed (Dump Leach) provides high confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“0.22”

Context: 144,629

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

indicatedMantoverde · copperTonnes: 140518000Grade: 0.21Grade Unit: %Contained Metal: 199Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:0eece69d7b3504706b23
Material type
mixed

Resource Data

Category
indicated
Tonnes
140518000
Grade
0.21
Grade Unit
%
Contained Metal
199
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Indicated resource for copper in Mantoverde Oxides + Mixed (Dump Leach) provides good confidence and contributes significantly to the project's overall resource base.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.21”

Context: 140,518

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

indicatedMantoverde · copperTonnes: 285147000Grade: 0.22Grade Unit: %Contained Metal: 409Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:230442d1f85b397ec443
Material type
mixed

Resource Data

Category
indicated
Tonnes
285147000
Grade
0.22
Grade Unit
%
Contained Metal
409
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This combined Measured and Indicated resource for copper in Mantoverde Oxides + Mixed (Dump Leach) represents a substantial and well-defined portion of the project's mineral inventory.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Indicated Resource

Evidence · table

“0.22”

Context: 285,147

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

inferredMantoverde · copperTonnes: 59985000Grade: 0.22Grade Unit: %Contained Metal: 80Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:5f58940f86416c264bc7
Material type
mixed

Resource Data

Category
inferred
Tonnes
59985000
Grade
0.22
Grade Unit
%
Contained Metal
80
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Inferred resource for copper in Mantoverde Oxides + Mixed (Dump Leach) adds to the project's overall mineral inventory but has lower geological confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed

Negative factors

  • Inferred Resource

Evidence · table

“0.22”

Context: 59,985

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

provenSanto Domingo · copperTonnes: 130945000Grade: 0.52Grade Unit: %Contained Metal: 675Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c790d06636004cd2dfa4

Resource Data

Category
proven
Tonnes
130945000
Grade
0.52
Grade Unit
%
Contained Metal
675
Contained Unit
kt

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for copper at Santo Domingo represents a high-confidence, economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“0.52”

Context: 130,945

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

provenSanto Domingo · goldTonnes: 130945000Grade: 0.07Grade Unit: g/tContained Metal: 291Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c790d06636004cd2dfa4

Resource Data

Category
proven
Tonnes
130945000
Grade
0.07
Grade Unit
g/t
Contained Metal
291
Contained Unit
koz

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for gold at Santo Domingo represents a high-confidence, economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“0.07”

Context: 130,945

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

provenSanto Domingo · iron_oreTonnes: 130945000Grade: 27.2Grade Unit: %Contained Metal: 13Contained Unit: mtView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c790d06636004cd2dfa4

Resource Data

Category
proven
Tonnes
130945000
Grade
27.2
Grade Unit
%
Contained Metal
13
Contained Unit
mt

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for iron at Santo Domingo represents a high-confidence, economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“27.2”

Context: 130,945

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · copperTonnes: 305111000Grade: 0.25Grade Unit: %Contained Metal: 761Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:a8db98180c463479e5df

Resource Data

Category
probable
Tonnes
305111000
Grade
0.25
Grade Unit
%
Contained Metal
761
Contained Unit
kt

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for copper at Santo Domingo represents an economically viable portion of the project with good confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.25”

Context: 305,111

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · goldTonnes: 305111000Grade: 0.04Grade Unit: g/tContained Metal: 346Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:a8db98180c463479e5df

Resource Data

Category
probable
Tonnes
305111000
Grade
0.04
Grade Unit
g/t
Contained Metal
346
Contained Unit
koz

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for gold at Santo Domingo represents an economically viable portion of the project with good confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.04”

Context: 305,111

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · iron_oreTonnes: 305111000Grade: 26.2Grade Unit: %Contained Metal: 56Contained Unit: mtView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:a8db98180c463479e5df

Resource Data

Category
probable
Tonnes
305111000
Grade
26.2
Grade Unit
%
Contained Metal
56
Contained Unit
mt

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for iron at Santo Domingo represents an economically viable portion of the project with good confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“26.2”

Context: 305,111

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · copperTonnes: 436056000Grade: 0.33Grade Unit: %Contained Metal: 1435Contained Unit: ktView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:39b0c195c191b1f072b8

Resource Data

Category
probable
Tonnes
436056000
Grade
0.33
Grade Unit
%
Contained Metal
1435
Contained Unit
kt

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for copper at Santo Domingo represents a substantial and economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.33”

Context: 436,056

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · goldTonnes: 436056000Grade: 0.05Grade Unit: g/tContained Metal: 637Contained Unit: kozView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:39b0c195c191b1f072b8

Resource Data

Category
probable
Tonnes
436056000
Grade
0.05
Grade Unit
g/t
Contained Metal
637
Contained Unit
koz

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for gold at Santo Domingo represents a substantial and economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.05”

Context: 436,056

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · iron_oreTonnes: 436056000Grade: 26.5Grade Unit: %Contained Metal: 68Contained Unit: mtView all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:39b0c195c191b1f072b8

Resource Data

Category
probable
Tonnes
436056000
Grade
26.5
Grade Unit
%
Contained Metal
68
Contained Unit
mt

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for iron at Santo Domingo represents a substantial and economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“26.5”

Context: 436,056

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

provenMantoverde · copperTonnes: 209871000Grade: 0.55Grade Unit: %Contained Metal: 1146Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c51f6cbdb6d27da3cc8e
Material type
mixed

Resource Data

Category
proven
Tonnes
209871000
Grade
0.55
Grade Unit
%
Contained Metal
1146
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for copper in Mantoverde Sulphides + Mixed (Flotation) represents a high-confidence, economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“0.55”

Context: 209,871

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

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

provenMantoverde · goldTonnes: 209871000Grade: 0.1Grade Unit: g/tContained Metal: 675Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c51f6cbdb6d27da3cc8e
Material type
mixed

Resource Data

Category
proven
Tonnes
209871000
Grade
0.1
Grade Unit
g/t
Contained Metal
675
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for gold in Mantoverde Sulphides + Mixed (Flotation) represents a high-confidence, economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“0.10”

Context: 209,871

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

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

probableMantoverde · copperTonnes: 174347000Grade: 0.39Grade Unit: %Contained Metal: 686Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c6c62f6755081849434a
Material type
mixed

Resource Data

Category
probable
Tonnes
174347000
Grade
0.39
Grade Unit
%
Contained Metal
686
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for copper in Mantoverde Sulphides + Mixed (Flotation) represents an economically viable portion of the project with good confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.39”

Context: 174,347

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableMantoverde · goldTonnes: 174347000Grade: 0.09Grade Unit: g/tContained Metal: 504Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c6c62f6755081849434a
Material type
mixed

Resource Data

Category
probable
Tonnes
174347000
Grade
0.09
Grade Unit
g/t
Contained Metal
504
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for gold in Mantoverde Sulphides + Mixed (Flotation) represents an economically viable portion of the project with good confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.09”

Context: 174,347

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableMantoverde · copperTonnes: 384219000Grade: 0.48Grade Unit: %Contained Metal: 1833Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9dceb5302ce76ef21b74
Material type
mixed

Resource Data

Category
probable
Tonnes
384219000
Grade
0.48
Grade Unit
%
Contained Metal
1833
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for copper in Mantoverde Sulphides + Mixed (Flotation) represents a substantial and economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.48”

Context: 384,219

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableMantoverde · goldTonnes: 384219000Grade: 0.1Grade Unit: g/tContained Metal: 1179Contained Unit: kozView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:9dceb5302ce76ef21b74
Material type
mixed

Resource Data

Category
probable
Tonnes
384219000
Grade
0.1
Grade Unit
g/t
Contained Metal
1179
Contained Unit
koz
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for gold in Mantoverde Sulphides + Mixed (Flotation) represents a substantial and economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.10”

Context: 384,219

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

provenMantoverde · copperTonnes: 125411000Grade: 0.21Grade Unit: %Contained Metal: 259Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:7e5f569dcb6225686d7c
Material type
Oxides (Dump+Heap Leach)

Resource Data

Category
proven
Tonnes
125411000
Grade
0.21
Grade Unit
%
Contained Metal
259
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for copper in Mantoverde Oxides (Dump+Heap Leach) represents a high-confidence, economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“0.21”

Context: 125,411

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

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

probableMantoverde · copperTonnes: 70356000Grade: 0.19Grade Unit: %Contained Metal: 131Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:f5e8f5ee00a786527fa2
Material type
Oxides (Dump+Heap Leach)

Resource Data

Category
probable
Tonnes
70356000
Grade
0.19
Grade Unit
%
Contained Metal
131
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for copper in Mantoverde Oxides (Dump+Heap Leach) represents an economically viable portion of the project with good confidence.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.19”

Context: 70,356

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

probableMantoverde · copperTonnes: 195768000Grade: 0.2Grade Unit: %Contained Metal: 390Contained Unit: ktView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:f3421f2c54ddf7bfc368
Material type
Oxides (Dump+Heap Leach)

Resource Data

Category
probable
Tonnes
195768000
Grade
0.2
Grade Unit
%
Contained Metal
390
Contained Unit
kt
Cutoff Grade
0.1
Cutoff Unit
% SCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for copper in Mantoverde Oxides (Dump+Heap Leach) represents a substantial and economically viable portion of the project.

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.20”

Context: 195,768

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

measuredSierra Norte · copperTonnes: 7500000Grade: 0.47Grade Unit: %Contained Metal: 35.5Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:caa4ef57c5946d5aa62c
Deposit or zone
Carmen-Paulina

Resource Data

Category
measured
Tonnes
7500000
Grade
0.47
Grade Unit
%
Contained Metal
35.5
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a historical and non-compliant Measured resource for copper at Carmen-Paulina, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.47%”

Context: 7.5

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

indicatedSierra Norte · copperTonnes: 63500000Grade: 0.46Grade Unit: %Contained Metal: 292Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:ab54f4738d3164fef898
Deposit or zone
Carmen-Paulina

Resource Data

Category
indicated
Tonnes
63500000
Grade
0.46
Grade Unit
%
Contained Metal
292
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a historical and non-compliant Indicated resource for copper at Carmen-Paulina, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.46%”

Context: 63.5

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

inferredSierra Norte · copperTonnes: 25100000Grade: 0.4Grade Unit: %Contained Metal: 101.5Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:75029d38d1c18c5319c4
Deposit or zone
Carmen-Paulina

Resource Data

Category
inferred
Tonnes
25100000
Grade
0.4
Grade Unit
%
Contained Metal
101.5
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a historical and non-compliant Inferred resource for copper at Carmen-Paulina, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.40%”

Context: 25.1

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

inferredSierra Norte · copperTonnes: 96100000Grade: 0.45Grade Unit: %Contained Metal: 429Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:5155c54b255e27ba6800
Deposit or zone
Carmen-Paulina

Resource Data

Category
inferred
Tonnes
96100000
Grade
0.45
Grade Unit
%
Contained Metal
429
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total historical and non-compliant resource for copper at Carmen-Paulina, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.45%”

Context: 96.1

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

measuredSierra Norte · copperTonnes: 700000Grade: 0.42Grade Unit: %Contained Metal: 3Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:3fa1e15c9a0392c8870f
Deposit or zone
Esther

Resource Data

Category
measured
Tonnes
700000
Grade
0.42
Grade Unit
%
Contained Metal
3
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a historical and non-compliant Measured resource for copper at Esther, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.42%”

Context: 0.7

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

indicatedSierra Norte · copperTonnes: 3300000Grade: 0.4Grade Unit: %Contained Metal: 13.3Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:030178c73308ed316e24
Deposit or zone
Esther

Resource Data

Category
indicated
Tonnes
3300000
Grade
0.4
Grade Unit
%
Contained Metal
13.3
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a historical and non-compliant Indicated resource for copper at Esther, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.40%”

Context: 3.3

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

inferredSierra Norte · copperTonnes: 100000Grade: 0.35Grade Unit: %Contained Metal: 0.3Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:e7fecbd0ce1ca4d3fdfd
Deposit or zone
Esther

Resource Data

Category
inferred
Tonnes
100000
Grade
0.35
Grade Unit
%
Contained Metal
0.3
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a historical and non-compliant Inferred resource for copper at Esther, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.35%”

Context: 0.1

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

inferredSierra Norte · copperTonnes: 4100000Grade: 0.4Grade Unit: %Contained Metal: 16.6Contained Unit: ktHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Sierra Norte
Commodity
copper
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
No
Resource group id
resource:5dced116330c1803e722
Deposit or zone
Esther

Resource Data

Category
inferred
Tonnes
4100000
Grade
0.4
Grade Unit
%
Contained Metal
16.6
Contained Unit
kt
Cutoff Grade
0.2
Cutoff Unit
%

Prior Estimate

Resource Date
2016-04-29

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2016-04-29T00:00:00.000Z

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total historical and non-compliant resource for copper at Esther, Sierra Norte, which requires further verification and cannot be relied upon as a current resource.

Negative factors

  • Historical Estimate Only
  • No QP/CP Disclosure

Evidence · table

“0.40%”

Context: 4.1

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 10.3 years before this release

inferredSan Pietro · iron_oreTonnes: 83000000Grade: 27Grade Unit: blbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:1cde1b340185e1e4ec13
Material type
oxide

Resource Data

Category
inferred
Tonnes
83000000
Grade
27
Grade Unit
blb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for copper in the oxide zone of the newly acquired San Pietro project, contributing to the overall mineral inventory, though its confidence level is low. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“27”

Context: 83

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredSan Pietro · iron_oreTonnes: 410000000Grade: 130Grade Unit: blbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:f4a6be602ba86ef8169c
Material type
sulphide

Resource Data

Category
inferred
Tonnes
410000000
Grade
130
Grade Unit
blb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is a maiden Inferred resource for copper in the sulphide zone of the newly acquired San Pietro project, contributing significantly to the overall mineral inventory, though its confidence level is low. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“130”

Context: 410

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredSan Pietro · iron_oreTonnes: 492000000Grade: 157Grade Unit: blbView all details
Link to this fact

Identity

Project
San Pietro
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Dr. Bruce David, Susan Lomas
Resource group id
resource:a5d529f2ea5d33e965fb

Resource Data

Category
inferred
Tonnes
492000000
Grade
157
Grade Unit
blb
Cutoff Grade
0.3
Cutoff Unit
% CuEq

Prior Estimate

Resource Date
2025-01-24

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This is the total maiden Inferred resource for copper at the newly acquired San Pietro project, representing a significant addition to the company's mineral inventory, though its confidence level is low. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Maiden Resource

Negative factors

  • All Inferred

Evidence · table

“157”

Context: 492

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

measuredSanto Domingo · iron_oreTonnes: 134000000Grade: 26.9Grade Unit: %View all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:7f65e3e4a5be173d2de5

Resource Data

Category
measured
Tonnes
134000000
Grade
26.9
Grade Unit
%
Cutoff Grade
9.85
Cutoff Unit
US$/t NSR

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Measured resource for copper at Santo Domingo provides high confidence and contributes significantly to the project's overall resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Measured Resource

Evidence · table

“26.9”

Context: 134,000

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

provenSanto Domingo · iron_oreTonnes: 130945000Grade: 27.2Grade Unit: %View all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:c790d06636004cd2dfa4

Resource Data

Category
proven
Tonnes
130945000
Grade
27.2
Grade Unit
%

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Proven Reserve for copper at Santo Domingo represents a high-confidence, economically viable portion of the project. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Proven Reserve

Evidence · table

“27.2”

Context: 130,945

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · iron_oreTonnes: 305111000Grade: 26.2Grade Unit: %View all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:a8db98180c463479e5df

Resource Data

Category
probable
Tonnes
305111000
Grade
26.2
Grade Unit
%

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This Probable Reserve for copper at Santo Domingo represents an economically viable portion of the project with good confidence. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“26.2”

Context: 305,111

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableSanto Domingo · iron_oreTonnes: 436056000Grade: 26.5Grade Unit: %View all details
Link to this fact

Identity

Project
Santo Domingo
Commodity
iron_ore
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:39b0c195c191b1f072b8

Resource Data

Category
probable
Tonnes
436056000
Grade
26.5
Grade Unit
%

Prior Estimate

Resource Date
2024-03-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for copper at Santo Domingo represents a substantial and economically viable portion of the project. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“26.5”

Context: 436,056

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.4 years before this release

probableMantoverde · goldTonnes: 384219000Grade: 0.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Mantoverde
Commodity
gold
Region
chile
Reported Region
Atacama Region, Chile
Ticker
CS

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Peter Amelunxen
Resource group id
resource:341a3a70e499b7a6e78d

Resource Data

Category
probable
Tonnes
384219000
Grade
0.1
Grade Unit
g/t
Cutoff Grade
0.2
Cutoff Unit
% TCu

Prior Estimate

Resource Date
2025-12-31

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-31T00:00:00.000Z

Reasoning: This total Proven and Probable Reserve for copper in Mantoverde Sulphides + Mixed (Flotation) represents a substantial and economically viable portion of the project. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 Compliant
  • QP/CP Signed
  • Probable Reserve

Evidence · table

“0.10”

Context: 384,219

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

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

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.