DPM Metals Extends Chelopech Mine Life to Ten Years; Provides Updated Mineral Reserve and Resource Estimate and Life of Mine Plan
Original announcement by tmx on
- Company
- DPM Metals Inc.
- Ticker
- DPM
- Exchange
- TSX
- Region
- Bulgaria
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Resource update, Economic study
- Extracted
- 2026-09-17 19:21:37 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
DPM Metals has announced an updated Mineral Reserve and Resource estimate for its Chelopech mine in Bulgaria, extending the mine life to 10 years. Proven and Probable Mineral Reserves increased by 42% in tonnage, with contained gold up 12% and copper up 10%. Measured and Indicated Mineral Resources, exclusive of reserves, also grew by 20%. The updated life of mine plan supports an average annual production of approximately 160,000 gold equivalent ounces.
Reasoning: The announcement details a substantial update to mineral reserves and resources, leading to a significant extension of the mine life for the Chelopech operation. The increase in both tonnage and contained metal in reserves, coupled with the growth in Measured and Indicated resources and the discovery of a new high-grade zone, are strong positive indicators for the company's future prospects. The study is NI 43-101 compliant with named QPs.
Positive factors
- Significant increase in Proven and Probable Mineral Reserves by 42% in tonnage and 12% for gold, 10% for copper metal content.
- Mine life extended to 10 years, supporting sustained average production.
- Measured and Indicated Mineral Resources, exclusive of reserves, increased by 20% in tonnage.
- New high-grade discovery (WZD) not yet included in the estimate, indicating future upside.
Negative factors
- The LOM plan's metal price assumptions are not explicitly compared against spot, 3-year average, or consensus, making conservatism assessment difficult.
- No explicit price sensitivity analysis for the LOM plan is disclosed.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 39
Classification and evidence
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Extracted facts
Stored fact records: 33. Some facts used in scoring do not have a stored record.
Resource Estimates (33)
provenChelopech mine · goldTonnes: 6977000Grade: 2.14Grade Unit: g/tContained Metal: 479Contained Unit: koz.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:258cb0ccec074065f56f
Resource Data
- Category
- proven
- Tonnes
- 6977000
- Grade
- 2.14
- Grade Unit
- g/t
- Contained Metal
- 479
- Contained Unit
- koz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Proven reserves are the highest confidence category, indicating well-established tonnage and grade. This is part of a new reserve estimate.
Positive factors
- Proven category represents the highest level of geological confidence.
Evidence · table
“2.14”
Context: 6,977
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenChelopech mine · silverTonnes: 6977000Grade: 6.22Grade Unit: g/tContained Metal: 1396Contained Unit: koz.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:258cb0ccec074065f56f
Resource Data
- Category
- proven
- Tonnes
- 6977000
- Grade
- 6.22
- Grade Unit
- g/t
- Contained Metal
- 1396
- Contained Unit
- koz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Proven reserves are the highest confidence category, indicating well-established tonnage and grade. This is part of a new reserve estimate.
Positive factors
- Proven category represents the highest level of geological confidence.
Evidence · table
“6.22”
Context: 6,977
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
provenChelopech mine · copperTonnes: 6977000Grade: 0.61Grade Unit: %Contained Metal: 94.57Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:258cb0ccec074065f56f
Resource Data
- Category
- proven
- Tonnes
- 6977000
- Grade
- 0.61
- Grade Unit
- %
- Contained Metal
- 94.57
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Proven reserves are the highest confidence category, indicating well-established tonnage and grade. This is part of a new reserve estimate.
Positive factors
- Proven category represents the highest level of geological confidence.
Evidence · table
“0.61”
Context: 6,977
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableChelopech mine · goldTonnes: 16232000Grade: 2.2Grade Unit: g/tContained Metal: 1149Contained Unit: koz.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:ae20fe554071c8d383f6
Resource Data
- Category
- probable
- Tonnes
- 16232000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 1149
- Contained Unit
- koz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Probable reserves represent a good level of confidence, suitable for economic studies. This is part of a new reserve estimate.
Positive factors
- Probable category indicates good geological confidence and forms the basis for probable reserves.
Evidence · table
“2.20”
Context: 16,232
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableChelopech mine · silverTonnes: 16232000Grade: 9.27Grade Unit: g/tContained Metal: 4836Contained Unit: koz.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:ae20fe554071c8d383f6
Resource Data
- Category
- probable
- Tonnes
- 16232000
- Grade
- 9.27
- Grade Unit
- g/t
- Contained Metal
- 4836
- Contained Unit
- koz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Probable reserves represent a good level of confidence, suitable for economic studies. This is part of a new reserve estimate.
Positive factors
- Probable category indicates good geological confidence and forms the basis for probable reserves.
Evidence · table
“9.27”
Context: 16,232
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableChelopech mine · copperTonnes: 16232000Grade: 0.6Grade Unit: %Contained Metal: 213.81Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:ae20fe554071c8d383f6
Resource Data
- Category
- probable
- Tonnes
- 16232000
- Grade
- 0.6
- Grade Unit
- %
- Contained Metal
- 213.81
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Probable reserves represent a good level of confidence, suitable for economic studies. This is part of a new reserve estimate.
Positive factors
- Probable category indicates good geological confidence and forms the basis for probable reserves.
Evidence · table
“0.60”
Context: 16,232
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableChelopech mine · goldTonnes: 23209000Grade: 2.18Grade Unit: g/tContained Metal: 1628Contained Unit: koz.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:aea313ca3b19624c84dd
Resource Data
- Category
- probable
- Tonnes
- 23209000
- Grade
- 2.18
- Grade Unit
- g/t
- Contained Metal
- 1628
- Contained Unit
- koz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
- Prior Tonnes
- 16300000
- Prior Contained Metal
- 1454
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: The total Proven and Probable reserves show a substantial increase in contained gold and tonnage, indicating successful reserve replacement and growth.
Positive factors
- Significant increase in total contained gold in reserves (12% increase).
- Total tonnage increased by 42%.
Evidence · table
“2.18”
Context: 23,209
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 23209000 against 16300000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 1628 against 1454 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableChelopech mine · silverTonnes: 23209000Grade: 8.35Grade Unit: g/tContained Metal: 6231Contained Unit: koz.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:aea313ca3b19624c84dd
Resource Data
- Category
- probable
- Tonnes
- 23209000
- Grade
- 8.35
- Grade Unit
- g/t
- Contained Metal
- 6231
- Contained Unit
- koz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
- Prior Tonnes
- 16300000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: The total Proven and Probable reserves show a substantial increase in tonnage, which is a positive for the project.
Positive factors
- Total tonnage increased by 42%.
Evidence · table
“8.35”
Context: 23,209
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 23209000 against 16300000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
probableChelopech mine · copperTonnes: 23209000Grade: 0.6Grade Unit: %Contained Metal: 308.38Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech mine
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- reserve
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:aea313ca3b19624c84dd
Resource Data
- Category
- probable
- Tonnes
- 23209000
- Grade
- 0.6
- Grade Unit
- %
- Contained Metal
- 308.38
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
- Prior Tonnes
- 16300000
- Prior Contained Metal
- 280.38
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: The total Proven and Probable reserves show a substantial increase in contained copper and tonnage, indicating successful reserve replacement and growth.
Positive factors
- Significant increase in total contained copper in reserves (10% increase).
- Total tonnage increased by 42%.
Evidence · table
“0.60”
Context: 23,209
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 23209000 against 16300000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 308.38 against 280.38 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredChelopech · goldTonnes: 8100000Grade: 2.32Grade Unit: g/tContained Metal: 0.604Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:e8be710d66e421890522
Resource Data
- Category
- measured
- Tonnes
- 8100000
- Grade
- 2.32
- Grade Unit
- g/t
- Contained Metal
- 0.604
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Measured resources provide high confidence in the estimate, supporting future studies and mine planning. This is part of a new resource estimate.
Positive factors
- Measured category represents the highest level of geological confidence for resources.
Evidence · table
“2.32”
Context: 8.1
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredChelopech · silverTonnes: 8100000Grade: 8.05Grade Unit: g/tContained Metal: 2.096Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:e8be710d66e421890522
Resource Data
- Category
- measured
- Tonnes
- 8100000
- Grade
- 8.05
- Grade Unit
- g/t
- Contained Metal
- 2.096
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Measured resources provide high confidence in the estimate, supporting future studies and mine planning. This is part of a new resource estimate.
Positive factors
- Measured category represents the highest level of geological confidence for resources.
Evidence · table
“8.05”
Context: 8.1
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredChelopech · copperTonnes: 8100000Grade: 0.72Grade Unit: %Contained Metal: 129Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:e8be710d66e421890522
Resource Data
- Category
- measured
- Tonnes
- 8100000
- Grade
- 0.72
- Grade Unit
- %
- Contained Metal
- 129
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Measured resources provide high confidence in the estimate, supporting future studies and mine planning. This is part of a new resource estimate.
Positive factors
- Measured category represents the highest level of geological confidence for resources.
Evidence · table
“0.72”
Context: 8.1
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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedChelopech · goldTonnes: 7200000Grade: 2.03Grade Unit: g/tContained Metal: 0.47Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:2f1d548fce45793a230b
Resource Data
- Category
- indicated
- Tonnes
- 7200000
- Grade
- 2.03
- Grade Unit
- g/t
- Contained Metal
- 0.47
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Indicated resources are a key component for future reserve conversion and economic studies. This is part of a new resource estimate.
Positive factors
- Indicated category provides reasonable geological confidence for resource estimation.
Evidence · table
“2.03”
Context: 7.2
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
indicatedChelopech · silverTonnes: 7200000Grade: 10.47Grade Unit: g/tContained Metal: 2.424Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:2f1d548fce45793a230b
Resource Data
- Category
- indicated
- Tonnes
- 7200000
- Grade
- 10.47
- Grade Unit
- g/t
- Contained Metal
- 2.424
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Indicated resources are a key component for future reserve conversion and economic studies. This is part of a new resource estimate.
Positive factors
- Indicated category provides reasonable geological confidence for resource estimation.
Evidence · table
“10.47”
Context: 7.2
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
indicatedChelopech · copperTonnes: 7200000Grade: 0.56Grade Unit: %Contained Metal: 89Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:2f1d548fce45793a230b
Resource Data
- Category
- indicated
- Tonnes
- 7200000
- Grade
- 0.56
- Grade Unit
- %
- Contained Metal
- 89
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: Indicated resources are a key component for future reserve conversion and economic studies. This is part of a new resource estimate.
Positive factors
- Indicated category provides reasonable geological confidence for resource estimation.
Evidence · table
“0.56”
Context: 7.2
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
indicatedChelopech · goldTonnes: 15300000Grade: 1.1Grade Unit: moz.Contained Metal: 1.1Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:e123149e570de9dad21f
Resource Data
- Category
- indicated
- Tonnes
- 15300000
- Grade
- 1.1
- Grade Unit
- moz.
- Contained Metal
- 1.1
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- This row represents the base case for the Measured & Indicated Resource, which is also presented in the main resource table.
Evidence · table
“1.1”
Context: 15.3
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
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
indicatedChelopech · silverTonnes: 15300000Grade: 4.5Grade Unit: moz.Contained Metal: 4.5Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:e123149e570de9dad21f
Resource Data
- Category
- indicated
- Tonnes
- 15300000
- Grade
- 4.5
- Grade Unit
- moz.
- Contained Metal
- 4.5
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- This row represents the base case for the Measured & Indicated Resource, which is also presented in the main resource table.
Evidence · table
“4.5”
Context: 15.3
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
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
indicatedChelopech · copperTonnes: 15300000Grade: 216Grade Unit: mlbs.Contained Metal: 216Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:e123149e570de9dad21f
Resource Data
- Category
- indicated
- Tonnes
- 15300000
- Grade
- 216
- Grade Unit
- mlbs.
- Contained Metal
- 216
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- This row represents the base case for the Measured & Indicated Resource, which is also presented in the main resource table.
Evidence · table
“216”
Context: 15.3
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
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
inferredChelopech · goldTonnes: 9100000Grade: 1.96Grade Unit: g/tContained Metal: 0.573Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:8825fdbbfafca8abe2b3
Resource Data
- Category
- inferred
- Tonnes
- 9100000
- Grade
- 1.96
- Grade Unit
- g/t
- Contained Metal
- 0.573
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
- Prior Tonnes
- 2900000
- Prior Contained Metal
- 0.24
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: The substantial increase in Inferred resources suggests good exploration potential and future growth, although it is the lowest confidence category.
Positive factors
- Inferred resources increased significantly by 6.2 Mt and 333,000 ounces of gold, indicating potential for future conversion.
Evidence · table
“1.96”
Context: 9.1
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
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 9100000 against 2900000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 0.573 against 0.24 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredChelopech · silverTonnes: 9100000Grade: 9.38Grade Unit: g/tContained Metal: 2.744Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:8825fdbbfafca8abe2b3
Resource Data
- Category
- inferred
- Tonnes
- 9100000
- Grade
- 9.38
- Grade Unit
- g/t
- Contained Metal
- 2.744
- Contained Unit
- moz.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
- Prior Tonnes
- 2900000
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: The substantial increase in Inferred resources suggests good exploration potential and future growth, although it is the lowest confidence category.
Positive factors
- Inferred resources increased significantly by 6.2 Mt and 65 Mlbs of copper, indicating potential for future conversion.
Evidence · table
“9.38”
Context: 9.1
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
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 9100000 against 2900000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredChelopech · copperTonnes: 9100000Grade: 0.57Grade Unit: %Contained Metal: 114Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:8825fdbbfafca8abe2b3
Resource Data
- Category
- inferred
- Tonnes
- 9100000
- Grade
- 0.57
- Grade Unit
- %
- Contained Metal
- 114
- Contained Unit
- mlbs.
- Cutoff Grade
- 0
- Cutoff Unit
- $/t
Prior Estimate
- Resource Date
- 2025-05-31
- Prior Tonnes
- 2900000
- Prior Contained Metal
- 49
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: The substantial increase in Inferred resources suggests good exploration potential and future growth, although it is the lowest confidence category.
Positive factors
- Inferred resources increased significantly by 6.2 Mt and 65 Mlbs of copper, indicating potential for future conversion.
Evidence · table
“0.57”
Context: 9.1
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
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
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: 9100000 against 2900000 previously
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 114 against 49 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedChelopech · goldTonnes: 26700000Grade: 1.4Grade Unit: moz.Contained Metal: 1.4Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:58892ab38b5c7ed5c1c9
Resource Data
- Category
- indicated
- Tonnes
- 26700000
- Grade
- 1.4
- Grade Unit
- moz.
- Contained Metal
- 1.4
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“1.4”
Context: 26.7
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
indicatedChelopech · silverTonnes: 26700000Grade: 6.1Grade Unit: moz.Contained Metal: 6.1Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:58892ab38b5c7ed5c1c9
Resource Data
- Category
- indicated
- Tonnes
- 26700000
- Grade
- 6.1
- Grade Unit
- moz.
- Contained Metal
- 6.1
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“6.1”
Context: 26.7
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
indicatedChelopech · copperTonnes: 26700000Grade: 276Grade Unit: mlbs.Contained Metal: 276Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:58892ab38b5c7ed5c1c9
Resource Data
- Category
- indicated
- Tonnes
- 26700000
- Grade
- 276
- Grade Unit
- mlbs.
- Contained Metal
- 276
- Contained Unit
- mlbs.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“276”
Context: 26.7
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
indicatedChelopech · goldTonnes: 19600000Grade: 1.2Grade Unit: moz.Contained Metal: 1.2Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:59f364bc894ba0c2ab35
Resource Data
- Category
- indicated
- Tonnes
- 19600000
- Grade
- 1.2
- Grade Unit
- moz.
- Contained Metal
- 1.2
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“1.2”
Context: 19.6
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
indicatedChelopech · silverTonnes: 19600000Grade: 5.1Grade Unit: moz.Contained Metal: 5.1Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:59f364bc894ba0c2ab35
Resource Data
- Category
- indicated
- Tonnes
- 19600000
- Grade
- 5.1
- Grade Unit
- moz.
- Contained Metal
- 5.1
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“5.1”
Context: 19.6
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
indicatedChelopech · copperTonnes: 19600000Grade: 242Grade Unit: mlbs.Contained Metal: 242Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:59f364bc894ba0c2ab35
Resource Data
- Category
- indicated
- Tonnes
- 19600000
- Grade
- 242
- Grade Unit
- mlbs.
- Contained Metal
- 242
- Contained Unit
- mlbs.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“242”
Context: 19.6
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
indicatedChelopech · goldTonnes: 12900000Grade: 1Grade Unit: moz.Contained Metal: 1Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:9c582a3fa7e7c3b2ffb6
Resource Data
- Category
- indicated
- Tonnes
- 12900000
- Grade
- 1
- Grade Unit
- moz.
- Contained Metal
- 1
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“1.0”
Context: 12.9
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
indicatedChelopech · silverTonnes: 12900000Grade: 4.2Grade Unit: moz.Contained Metal: 4.2Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:9c582a3fa7e7c3b2ffb6
Resource Data
- Category
- indicated
- Tonnes
- 12900000
- Grade
- 4.2
- Grade Unit
- moz.
- Contained Metal
- 4.2
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“4.2”
Context: 12.9
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
indicatedChelopech · copperTonnes: 12900000Grade: 205Grade Unit: mlbs.Contained Metal: 205Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:9c582a3fa7e7c3b2ffb6
Resource Data
- Category
- indicated
- Tonnes
- 12900000
- Grade
- 205
- Grade Unit
- mlbs.
- Contained Metal
- 205
- Contained Unit
- mlbs.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“205”
Context: 12.9
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
indicatedChelopech · goldTonnes: 11400000Grade: 0.9Grade Unit: moz.Contained Metal: 0.9Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- gold
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:2a1ca3e7f21c10c29d99
Resource Data
- Category
- indicated
- Tonnes
- 11400000
- Grade
- 0.9
- Grade Unit
- moz.
- Contained Metal
- 0.9
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“0.9”
Context: 11.4
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
indicatedChelopech · silverTonnes: 11400000Grade: 3.9Grade Unit: moz.Contained Metal: 3.9Contained Unit: moz.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- silver
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:2a1ca3e7f21c10c29d99
Resource Data
- Category
- indicated
- Tonnes
- 11400000
- Grade
- 3.9
- Grade Unit
- moz.
- Contained Metal
- 3.9
- Contained Unit
- moz.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“3.9”
Context: 11.4
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
indicatedChelopech · copperTonnes: 11400000Grade: 194Grade Unit: mlbs.Contained Metal: 194Contained Unit: mlbs.View all detailsHide details
Identity
- Project
- Chelopech
- Commodity
- copper
- Region
- bulgaria
- Reported Region
- Bulgaria
- Ticker
- DPM
Resource scope
- Estimate type
- resource
- Effective date
- 2025-05-31T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Malcolm Titley, Nick MacNulty, Ross Overall
- Resource group id
- resource:2a1ca3e7f21c10c29d99
Resource Data
- Category
- indicated
- Tonnes
- 11400000
- Grade
- 194
- Grade Unit
- mlbs.
- Contained Metal
- 194
- Contained Unit
- mlbs.
Prior Estimate
- Resource Date
- 2025-05-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-05T00:00:00.000Z
Reasoning: This fact is part of a grade/tonnage sensitivity analysis, showing the potential for increased resources at a lower profit indicator, which could be relevant in a higher metal price environment.
Positive factors
- Demonstrates potential for additional mineralization at lower cut-off values.
Evidence · table
“194”
Context: 11.4
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
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.