# ENTR&\#xC9;E RESOURCES ANNOUNCES FIRST QUARTER 2023 RESULTS Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/entr-xc9-e-resources-announces-first-quarter-2023-results--57d109c3-7595-4803-a489-b1bae5ccdd66 Original source: https://money.tmx.com/en/quote/ETG/news/4857507360196654/entr-xc9-e-resources-announces-first-quarter-2023-results Publisher: tmx Original announcement: 2023-05-03T20:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Entrée Resources Ltd. - Ticker: ETG - Exchange: TSX - Region: Mongolia - Primary commodity: Unavailable - Secondary commodities: Copper, Gold, Silver - Document categories: Drill results, Other - Extracted: 2026-09-13 23:05:49 UTC Narrative sentiment: -0.20 · Bearish ## Minestarters Atlas summary Entrée Resources announced its Q1 2023 financial results, reporting an operating loss of $0.9 million. The company also provided updates on the Oyu Tolgoi project, noting the start of underground copper production and ongoing arbitration proceedings to secure its mining licences in Mongolia. Reasoning: The company reports quarterly financial results showing an operating loss and provides an update on its joint venture and ongoing legal arbitration regarding mining licences in Mongolia. - Positive factor: commencement of underground production at Oyu Tolgoi - Positive factor: design optimization on track - Negative factor: ongoing binding arbitration with Rio Tinto and OTLLC - Negative factor: operating loss in Q1 2023 - Negative factor: delays in Shaft 3 and 4 Facts used in scoring: 2 ## Classification and evidence **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The company mentions waiting for results from 2022 drilling and planning additional drilling for 2023. Evidence · text > The Company is still waiting for OTLLC to deliver results from the bulk of the underground holes ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/entr-xc9-e-resources-announces-first-quarter-2023-results--57d109c3-7595-4803-a489-b1bae5ccdd66#fact-drill-facts-0) Entrée/Oyu Tolgoi JV Needs review: drill\_no\_hole\_id #### Identity - Project: Entrée/Oyu Tolgoi JV - Region: mongolia - Reported Region: mongolia - Ticker: ETG #### Geometry - Intercept: 4459.9 m #### Classification - Program: resource - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-05-03T00:00:00.000Z Reasoning: Historical drilling totals mentioned for 2022. Evidence · text > completed 22 underground diamond drill holes totalling 4,459.9 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/entr-xc9-e-resources-announces-first-quarter-2023-results--57d109c3-7595-4803-a489-b1bae5ccdd66#fact-drill-facts-1) Entrée/Oyu Tolgoi JV Needs review: drill\_no\_hole\_id #### Identity - Project: Entrée/Oyu Tolgoi JV - Region: mongolia - Reported Region: mongolia - Ticker: ETG #### Geometry - Intercept: 4366.1 m #### Classification - Program: resource - Sample Type: drill #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2023-05-03T00:00:00.000Z Reasoning: Historical drilling totals mentioned for 2022. - Negative factor: two aborted holes due to excessive deviation Evidence · text > four surface diamond drill holes... totalling 4,366.1 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## 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.