# Clean Air Metals Receives Provincial Funding and Provides Update on the Thunder Bay North Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/clean-air-metals-receives-provincial-funding-and-provides-update-on-the-thunder--63e24944-0084-4db3-a0a4-38c6fb734ff2

Original source: https://money.tmx.com/en/quote/AIR/news/5828477018643566/clean-air-metals-receives-provincial-funding-and-provides-update-on-the-thunder-

Publisher: tmx

Original announcement: 2026-03-26T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Clean Air Metals Inc.

- Ticker: AIR

- Exchange: TSX

- Region: Northwestern Ontario

- Primary commodity: Platinum

- Secondary commodities: Copper, Palladium, Nickel, Cobalt

- Document categories: Resource update, Other

- Extracted: 2026-09-13 11:05:34 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Clean Air Metals has been approved for up to $200,000 in Ontario Junior Exploration Program \(OJEP\) funding to advance the Escape target at its Thunder Bay North project. The company also provided an update on project development, including upcoming metallurgical testing and infrastructure planning.

Reasoning: The company secured $200k in non-dilutive OJEP funding and provided a status update on its flagship project, which includes a significant existing indicated resource.

- Positive factor: Non-dilutive government funding secured

- Positive factor: Existing indicated resource provides strong foundation

- Positive factor: Strategic interest in PGM and copper markets

- Negative factor: Global economic uncertainty impacting commodity prices

Facts used in scoring: 1

## Classification and evidence

**Indicated Resource**

Polarity: positive

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

Why it applies: The project hosts a 13.8 Mt indicated mineral resource.

Evidence · text

> 13.8 Mt indicated mineral resource

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource is based on a NI 43-101 Technical Report.

Evidence · text

> NI43-101, SLR Consulting Canada Ltd, June 19, 2023

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/clean-air-metals-receives-provincial-funding-and-provides-update-on-the-thunder--63e24944-0084-4db3-a0a4-38c6fb734ff2#fact-resource-facts-0)

Thunder Bay North · platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thunder Bay North
- Commodity: platinum
- Region: canada\_on
- Reported Region: Northwestern Ontario
- Ticker: AIR

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Qualified person names: Mike Garbutt
- Resource group id: resource:7dc1de15fe725f6085a7
- Deposit or zone: Current and Escape deposits

#### Resource Data

- Category: indicated
- Tonnes: 13800000
- Contained Metal: 2400000
- Contained Unit: oz

#### Metal Equivalent

- Metal Eq. Unit: Pt eq. oz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-06-19T00:00:00.000Z

#### Dates

- Event date: 2026-03-26T00:00:00.000Z

Reasoning: Significant indicated resource reported as part of project background.

- Positive factor: Large indicated resource scale

Evidence · text

> 13.8 Mt indicated mineral resource containing 2.4M Pt eq. oz \(Technical Report on the Thunder Bay North Project, Ontario, Canada, NI43-101, SLR Consulting Canada Ltd, June 19, 2023\)

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**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 2.8 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.
