CopAur Delivers Preliminary Economic Assessment and a 52% Mineral Resource Estimate Growth for the Kinsley Mountain Gold Project
Original announcement by tmx on
- Company
- CopAur Minerals Inc.
- Ticker
- CPAU
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Production
- Extracted
- 2026-09-13 18:42:41 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
CopAur Minerals Inc. has reported a Preliminary Economic Assessment (PEA) and a 52% growth in the Mineral Resource Estimate (MRE) for its Kinsley Mountain Gold Project in eastern Nevada. The updated MRE now totals 742,000 Indicated ounces and 69,000 Inferred ounces of gold. The PEA highlights compelling economics, including a post-tax NPV(5%) of US$104 million and an IRR of 49% at consensus gold prices, with an average annual gold production of 30,000 ounces over a 4-year mine life.
Reasoning: CopAur Minerals announced a substantial 52% increase in its gold resource estimate and positive preliminary economic assessment results for the Kinsley Mountain Gold Project, indicating strong potential for project advancement and value creation.
Positive factors
- Significant 52% growth in total contained gold ounces in the Mineral Resource Estimate (MRE)
- Positive Preliminary Economic Assessment (PEA) results with strong post-tax NPV and IRR at consensus gold prices
- High-grade Secret Canyon zone contributes significantly to the Indicated resource
- NI 43-101 compliant MRE and PEA, signed off by Qualified Persons
- Project located in a favorable jurisdiction (Nevada)
Negative factors
- PEA is preliminary in nature and based on mineral resources, not reserves, carrying inherent uncertainty
- Significant portion of the resource is in the Inferred category, which has lower confidence
- Some cutoff grades are variable or not explicitly stated for combined categories, potentially affecting comparability
Facts used in scoring: 16
Classification and evidence
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: The Mineral Resource Estimate increased by 52% over the previous MRE.
Evidence · text
“A 52% growth over the previous Mineral Resource Estimate”
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 engineering and financial information for the PEA and the scientific and technical information for the MRE were reviewed and approved by Qualified Persons Dr. Todd Harvey, Kristopher J. Raffle, and Kevin Hon, with a peer review by Warren Black.
Evidence · text
“The engineering and financial information as it relates to the PEA results contained in this news release has been reviewed and approved by Dr. Todd Harvey, PhD... and "Qualified Person" as defined in National Instrument 43-101... The scientific and technical information as it relates to geology & mineralization contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo... and "Qualified Person" as defined in National Instrument 43-101... The MRE was completed by Kevin Hon, B.Sc., P.Geo., Senior Resource Geologist of APEX. Mr. Hon is an independent Qualified Persons, as defined by NI 43-101... Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics, completed a peer review of the estimate.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical report for the PEA and MRE is in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Evidence · text
“prepare a technical report in compliance with the guidelines of National Instrument 43-101 Standards of Disclosure for Mineral Projects (" NI 43-101 ")”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document announces an updated Mineral Resource Estimate, showing a 52% growth over the previous MRE.
Evidence · text
“A 52% growth over the previous Mineral Resource Estimate (" MRE ")”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The updated MRE includes 69,000 Inferred ounces of gold, which is a speculative category with lower confidence.
Evidence · text
“69,000 Inferred ounces at 1.98 g/t Au”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Cutoff grades for different material types and classifications are clearly stated in Table 3.
Evidence · table
“0.2”
Context: Oxide
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The resource estimate was prepared to support a Preliminary Economic Assessment.
Evidence · text
“results of the Preliminary Economic Assessment (the " PEA ")”
Extracted facts
Stored fact records: 16. Some facts used in scoring do not have a stored record.
Resource Estimates (16)
indicatedKinsley Mountain Gold Project · goldTonnes: 6025000Grade: 0.029Grade Unit: ozt/stContained Metal: 193Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:cf16d6e04062212b71dd
- Mining method
- combined
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 6025000
- Grade
- 0.029
- Grade Unit
- ozt/st
- Contained Metal
- 193
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This indicated oxide resource represents a substantial portion of the combined resource, offering good grade for a heap leach operation.
Positive factors
- Significant indicated oxide resource provides a solid base for open-pit mining
- Good grade for an oxide heap leach operation
Evidence · table
“0.029”
Context: 6,025
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 397000Grade: 0.021Grade Unit: ozt/stContained Metal: 9Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:3958c53731e9274c4b99
- Mining method
- combined
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 397000
- Grade
- 0.021
- Grade Unit
- ozt/st
- Contained Metal
- 9
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred oxide resource contributes to the combined resource but has lower confidence and grade.
Positive factors
- Adds to the overall oxide resource base
Negative factors
- Inferred category has lower confidence
- Lower grade compared to indicated oxide resource
Evidence · table
“0.021”
Context: 397
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 2069000Grade: 0.07Grade Unit: ozt/stContained Metal: 158Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:04a0f00b8e228d10d29d
- Mining method
- combined
- Material type
- sulphide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2069000
- Grade
- 0.07
- Grade Unit
- ozt/st
- Contained Metal
- 158
- Contained Unit
- koz
- Cutoff Grade
- 0.6
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This indicated sulphide resource provides a solid contribution to the overall resource, with a good grade.
Positive factors
- Good grade for an indicated sulphide resource
- Adds to the overall indicated resource base
Evidence · table
“0.07”
Context: 2,069
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 333000Grade: 0.05Grade Unit: ozt/stContained Metal: 20Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:27886e10094daf2e66b5
- Mining method
- combined
- Material type
- sulphide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 333000
- Grade
- 0.05
- Grade Unit
- ozt/st
- Contained Metal
- 20
- Contained Unit
- koz
- Cutoff Grade
- 0.6
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred sulphide resource contributes to the overall resource but has lower confidence.
Positive factors
- Adds to the overall sulphide resource base
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.05”
Context: 333
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 70000Grade: 0.087Grade Unit: ozt/stContained Metal: 7Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:2b882cb23f29abfbff31
- Mining method
- combined
- Material type
- sulphide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 70000
- Grade
- 0.087
- Grade Unit
- ozt/st
- Contained Metal
- 7
- Contained Unit
- koz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This indicated sulphide resource, with a higher cutoff, represents potential for out-of-pit extraction.
Positive factors
- High-grade indicated resource for potential out-of-pit mining
Evidence · table
“0.087”
Context: 70
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 147000Grade: 0.085Grade Unit: ozt/stContained Metal: 14Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:8fd820ecc5a8d147f4c8
- Mining method
- combined
- Material type
- sulphide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 147000
- Grade
- 0.085
- Grade Unit
- ozt/st
- Contained Metal
- 14
- Contained Unit
- koz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred sulphide resource contributes to the out-of-pit potential but has lower confidence.
Positive factors
- Adds to the out-of-pit resource potential
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.085”
Context: 147
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 2139000Grade: 0.07Grade Unit: ozt/stContained Metal: 164Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:f2663e60d2c57f945e52
- Mining method
- combined
- Material type
- sulphide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2139000
- Grade
- 0.07
- Grade Unit
- ozt/st
- Contained Metal
- 164
- Contained Unit
- koz
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This indicated sulphide resource provides a solid contribution to the combined resource, with a good grade, though with a variable cutoff.
Positive factors
- Good grade for an indicated sulphide resource
- Adds to the overall indicated resource base
Negative factors
- Variable cutoff grade makes direct comparison challenging
Evidence · table
“0.070”
Context: 2,139
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 480000Grade: 0.063Grade Unit: ozt/stContained Metal: 33Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:8a8df201a52a5d946ada
- Mining method
- combined
- Material type
- sulphide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 480000
- Grade
- 0.063
- Grade Unit
- ozt/st
- Contained Metal
- 33
- Contained Unit
- koz
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred sulphide resource contributes to the combined resource but has lower confidence and a variable cutoff.
Positive factors
- Adds to the overall sulphide resource base
Negative factors
- Inferred category has lower confidence
- Variable cutoff grade makes direct comparison challenging
Evidence · table
“0.063”
Context: 480
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 1971000Grade: 0.16Grade Unit: ozt/stContained Metal: 353Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:8c139aab32f55ffd515d
- Deposit or zone
- Secret Canyon
- Mining method
- combined
- Material type
- Secret Canyon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1971000
- Grade
- 0.16
- Grade Unit
- ozt/st
- Contained Metal
- 353
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: The Secret Canyon zone provides a substantial high-grade indicated resource, significantly enhancing the project's overall economics.
Positive factors
- Very high-grade indicated resource in the Secret Canyon zone
- Significant contained metal contribution from this zone
Evidence · table
“0.16”
Context: 1,971
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 9000Grade: 0.04Grade Unit: ozt/stContained Metal: 0.4Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:2de7bf51cf7b4d8fc2b2
- Deposit or zone
- Secret Canyon
- Mining method
- combined
- Material type
- Secret Canyon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 9000
- Grade
- 0.04
- Grade Unit
- ozt/st
- Contained Metal
- 0.4
- Contained Unit
- koz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred resource in Secret Canyon is very small and contributes minimally to the overall resource, with lower confidence.
Negative factors
- Very small tonnage and contained metal
- Inferred category has lower confidence
Evidence · table
“0.04”
Context: 9
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 275000Grade: 0.103Grade Unit: ozt/stContained Metal: 31Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:06394d6e28114e0dd7b3
- Deposit or zone
- Secret Canyon
- Mining method
- combined
- Material type
- Secret Canyon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 275000
- Grade
- 0.103
- Grade Unit
- ozt/st
- Contained Metal
- 31
- Contained Unit
- koz
- Cutoff Grade
- 1.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This indicated resource in Secret Canyon, with a higher cutoff, represents potential for out-of-pit extraction.
Positive factors
- High-grade indicated resource for potential out-of-pit mining
Evidence · table
“0.103”
Context: 275
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 206000Grade: 0.116Grade Unit: ozt/stContained Metal: 26Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:74de729c36e7e83864c3
- Deposit or zone
- Secret Canyon
- Mining method
- combined
- Material type
- Secret Canyon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 206000
- Grade
- 0.116
- Grade Unit
- ozt/st
- Contained Metal
- 26
- Contained Unit
- koz
- Cutoff Grade
- 1.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred resource in Secret Canyon contributes to the out-of-pit potential but has lower confidence.
Positive factors
- Adds to the out-of-pit resource potential
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.116”
Context: 206
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 2246000Grade: 0.155Grade Unit: ozt/stContained Metal: 384Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:6bd2d09998dc2ae81a55
- Deposit or zone
- Secret Canyon
- Mining method
- combined
- Material type
- Secret Canyon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2246000
- Grade
- 0.155
- Grade Unit
- ozt/st
- Contained Metal
- 384
- Contained Unit
- koz
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: The Secret Canyon zone provides a substantial high-grade indicated resource, significantly enhancing the project's overall economics, though with a variable cutoff.
Positive factors
- Very high-grade indicated resource in the Secret Canyon zone
- Significant contained metal contribution from this zone
Negative factors
- Variable cutoff grade makes direct comparison challenging
Evidence · table
“0.155”
Context: 2,246
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 215000Grade: 0.113Grade Unit: ozt/stContained Metal: 27Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:ad66f5939178c9d8ae42
- Deposit or zone
- Secret Canyon
- Mining method
- combined
- Material type
- Secret Canyon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 215000
- Grade
- 0.113
- Grade Unit
- ozt/st
- Contained Metal
- 27
- Contained Unit
- koz
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: This inferred resource in Secret Canyon contributes to the high-grade potential but has lower confidence and a variable cutoff.
Positive factors
- Adds to the high-grade resource potential
Negative factors
- Inferred category has lower confidence
- Variable cutoff grade makes direct comparison challenging
Evidence · table
“0.113”
Context: 215
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
indicatedKinsley Mountain Gold Project · goldTonnes: 10410000Grade: 0.032Grade Unit: ozt/stContained Metal: 742Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:b16eec53cea86246a12e
- Deposit or zone
- All
- Mining method
- combined
- Material type
- All
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10410000
- Grade
- 0.032
- Grade Unit
- ozt/st
- Contained Metal
- 742
- Contained Unit
- koz
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: The total indicated resource shows significant growth and a good overall grade, forming a strong base for the project.
Positive factors
- Significant total indicated resource, representing a 52% growth over previous MRE
- Good overall grade for a combined resource
Negative factors
- Variable cutoff grade makes direct comparison challenging
Evidence · table
“0.032”
Context: 10,410
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
inferredKinsley Mountain Gold Project · goldTonnes: 1091000Grade: 0.058Grade Unit: ozt/stContained Metal: 69Contained Unit: kozView all detailsHide details
Identity
- Project
- Kinsley Mountain Gold Project
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- CPAU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-23T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Dr. Todd Harvey, Kristopher J. Raffle, Kevin Hon, Warren Black
- Resource group id
- resource:bd5b6610e9fe26902acb
- Deposit or zone
- All
- Mining method
- combined
- Material type
- All
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1091000
- Grade
- 0.058
- Grade Unit
- ozt/st
- Contained Metal
- 69
- Contained Unit
- koz
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-03-23
Location
- CRS
- North American Datum 1983 / UTM zone 11N
- EPSG
- 26911
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-05-27T00:00:00.000Z
Reasoning: The total inferred resource contributes to the overall project potential but has lower confidence and a variable cutoff.
Positive factors
- Adds to the overall resource base with a good grade
Negative factors
- Inferred category has lower confidence
- Variable cutoff grade makes direct comparison challenging
Evidence · table
“0.058”
Context: 1,091
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 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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.