# Clarification: Historical Mineral Resource Estimate at Roger Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1

Original source: https://money.tmx.com/en/quote/AUME/news/5635552374446879/clarification-historical-mineral-resource-estimate-at-roger-project

Publisher: tmx

Original announcement: 2025-08-06T16:41:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: KINTAVAR EXPLORATION INC.

- Ticker: KTR

- Exchange: TSX

- Region: Quebec

- Primary commodity: Gold

- Secondary commodities: Silver, Copper

- Document categories: Resource update

- Extracted: 2026-09-17 11:31:26 UTC

Narrative sentiment: -0.20 · Bearish

## Minestarters Atlas summary

Kintavar Exploration Inc. issued a clarification regarding the Roger Project, noting that previously disclosed resource figures are historical estimates under NI 43-101 standards. The company emphasized that these figures have not been verified as current resources and requires additional drilling and studies to upgrade them.

Reasoning: The document is a clarification reissuing historical resource data for the Roger Project to ensure NI 43-101 compliance. While it provides specific tonnage and grade figures, the company explicitly states these are historical, unverified, and not treated as current resources.

- Positive factor: Historical resource base established

- Negative factor: Historical estimate status

- Negative factor: Lack of current verification

- Negative factor: Reliability unconfirmed

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 6

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

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

Why it applies: The company clarifies that the Roger Project estimates are historical and not current mineral resources.

Evidence · text

> the estimates provided... did not contain a current mineral resource estimate and such information is provided as a "historical estimate"

**No QP/CP Disclosure**

Polarity: negative

Definition: 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 company states a qualified person has not done sufficient work to classify these as current resources.

Evidence · text

> A qualified person has not done sufficient work to classify the historical estimates referenced herein as current mineral resources or mineral reserves

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Resource Estimates (6)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1#fact-resource-facts-0)

Roger Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Roger Project
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: KTR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f432e9fd0800a47ecb73
- Deposit or zone: Roger deposit

#### Resource Data

- Category: indicated
- Tonnes: 10900000
- Grade: 0.85
- Grade Unit: g/t
- Contained Metal: 333000
- Contained Unit: oz
- Cutoff Grade: 0.45
- Cutoff Unit: g/t Aueq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-10-09T00:00:00.000Z

#### Dates

- Event date: 2025-08-06T00:00:00.000Z

Reasoning: Indicated resource component of a historical estimate.

- Negative factor: Historical status

Evidence · text

> an Indicated Resource was estimated to be 10,900,000\* metric tonnes at a grade of 0.85 g/t of gold

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1#fact-resource-facts-1)

Roger Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Roger Project
- Commodity: silver
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: KTR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f432e9fd0800a47ecb73
- Deposit or zone: Roger deposit

#### Resource Data

- Category: indicated
- Tonnes: 10900000
- Grade: 0.8
- Grade Unit: g/t
- Cutoff Grade: 0.45
- Cutoff Unit: g/t Aueq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-10-09T00:00:00.000Z

#### Dates

- Event date: 2025-08-06T00:00:00.000Z

Reasoning: Silver grade component of a historical indicated resource.

Evidence · text

> 0.80 g/t of silver

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.8 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1#fact-resource-facts-2)

Roger Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Roger Project
- Commodity: copper
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: KTR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f432e9fd0800a47ecb73
- Deposit or zone: Roger deposit

#### Resource Data

- Category: indicated
- Tonnes: 10900000
- Grade: 0.06
- Grade Unit: %
- Cutoff Grade: 0.45
- Cutoff Unit: g/t Aueq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-10-09T00:00:00.000Z

#### Dates

- Event date: 2025-08-06T00:00:00.000Z

Reasoning: Copper grade component of a historical indicated resource.

Evidence · text

> 0.06% of copper

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1#fact-resource-facts-3)

Roger Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Roger Project
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: KTR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:611cb56374cca05c397d
- Deposit or zone: Roger deposit

#### Resource Data

- Category: inferred
- Tonnes: 6569000
- Grade: 0.75
- Grade Unit: g/t
- Contained Metal: 202000
- Contained Unit: oz
- Cutoff Grade: 0.45
- Cutoff Unit: g/t Aueq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-10-09T00:00:00.000Z

#### Dates

- Event date: 2025-08-06T00:00:00.000Z

Reasoning: Inferred resource component of a historical estimate.

- Negative factor: Inferred category

Evidence · text

> the Inferred Resource can be estimated at 6,569,000 metric tonnes at a grade of 0.75 g/t of gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1#fact-resource-facts-4)

Roger Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Roger Project
- Commodity: silver
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: KTR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:611cb56374cca05c397d
- Deposit or zone: Roger deposit

#### Resource Data

- Category: inferred
- Tonnes: 6569000
- Grade: 1.18
- Grade Unit: g/t
- Cutoff Grade: 0.45
- Cutoff Unit: g/t Aueq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-10-09T00:00:00.000Z

#### Dates

- Event date: 2025-08-06T00:00:00.000Z

Reasoning: Silver grade component of a historical inferred resource.

Evidence · text

> 1.18 g/t of silver

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.8 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/clarification-historical-mineral-resource-estimate-at-roger-project--42dcee53-9963-4f8a-9824-56b7701b59f1#fact-resource-facts-5)

Roger Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Roger Project
- Commodity: copper
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: KTR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:611cb56374cca05c397d
- Deposit or zone: Roger deposit

#### Resource Data

- Category: inferred
- Tonnes: 6569000
- Grade: 0.11
- Grade Unit: %
- Cutoff Grade: 0.45
- Cutoff Unit: g/t Aueq

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-10-09T00:00:00.000Z

#### Dates

- Event date: 2025-08-06T00:00:00.000Z

Reasoning: Copper grade component of a historical inferred resource.

Evidence · text

> 0.11% of copper

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 6.8 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
