Fredonia Mining Announces Positive PEA for EDM Highlighting 146,000 oz AuEq Annual Production, US$1.49 Billion NPV10 and 65% IRR
Original announcement by globenewswire on
- Company
- Fredonia Mining Inc.
- Ticker
- FRED
- Exchange
- Unavailable
- Region
- Santa Cruz Province, Argentina
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update, Production
- Extracted
- 2026-09-12 01:27:04 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Fredonia Mining Inc. announced a positive Preliminary Economic Assessment (PEA) for its El Dorado Monserrat (EDM) gold-silver project, projecting a post-tax NPV10 of US$1.49 billion and an IRR of 65%. The PEA is supported by an updated NI 43-101 compliant Mineral Resource Estimate, which includes 2.76 Moz AuEq in the Measured and Indicated categories and an additional 1.09 Moz AuEq Inferred. The project contemplates an open-pit, heap-leach operation with an average annual production of 146,000 oz AuEq over a 17+ year mine life, though the PEA relies materially on Inferred resources and no Mineral Reserves have been declared.
Reasoning: The document announces a highly positive Preliminary Economic Assessment for the EDM project, highlighting robust economics with a US$1.49 billion NPV10 and 65% IRR, supported by an updated NI 43-101 compliant Mineral Resource Estimate of 2.76 Moz AuEq Measured and Indicated, and 1.09 Moz AuEq Inferred.
Positive factors
- Strong PEA economics (NPV, IRR)
- Large AuEq resource
- NI 43-101 compliant MRE
- Long mine life
- Low cash cost
- Potential RIGI upside
Negative factors
- PEA relies materially on Inferred resources
- No Mineral Reserves declared
- Preliminary metallurgical assumptions
- Additional testwork required
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 40
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document provides an updated Mineral Resource Estimate for the EDM project.
Evidence · text
“updated Mineral Resource Estimate (“MRE”)”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The resource estimate is presented as part of a Preliminary Economic Assessment.
Evidence · text
“completion and results of a Preliminary Economic Assessment (“PEA”) and updated Mineral Resource Estimate (“MRE”)”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The Mineral Resource Estimate was prepared in accordance with NI 43-101.
Evidence · text
“prepared in accordance with the CIM Definition Standards incorporated by reference into National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”)”
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 PEA and MRE were prepared under the supervision of Qualified Persons as defined by NI 43-101.
Evidence · text
“The PEA was prepared under the supervision of Sergio Alvarado Casas, Geologist; Ricardo Munoz Gonzalez, Mining Engineer; and Carlos Puga Gomez, Civil Mining Engineer, and was consolidated by Servicios Profesionales de Geología y Minería Geoinvest Limitada... Each author is a Qualified Person, as defined by NI 43-101”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Mineral Resource estimate is reported at a base-case cut-off grade of 0.10 g/t Au.
Evidence · text
“The updated Mineral Resource estimate is reported at a base-case cut-off grade of 0.10 g/t Au.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the resource (1.09 Moz AuEq) is in the Inferred category.
Evidence · text
“1.09 Moz AuEq Inferred”
No Mineral Reservesnegative · Story-specific tag
No canonical definition is currently available.
Why it applies: No Mineral Reserves have been declared for the EDM Project.
Evidence · text
“No Mineral Reserves have been declared for the EDM Project.”
Preliminary Economicsneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically.
Evidence · text
“The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically”
Heap Leach Routeneutral · Story-specific tag
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: The PEA assumes processing by heap leaching.
Evidence · text
“processing assumed by heap leaching”
Extracted facts
Stored fact records: 40. Some facts used in scoring do not have a stored record.
Resource Estimates (40)
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 126454000Grade: 0.47Grade Unit: g/tContained Metal: 2758.6Contained Unit: kozView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:8436bce243a0485b54e6
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 126454000
- Grade
- 0.47
- Grade Unit
- g/t
- Contained Metal
- 2758.6
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.68
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 2.76 Moz AuEq represents a significant and high-confidence resource base for the project.
Positive factors
- Large Measured and Indicated resource
- High AuEq grade
- NI 43-101 compliant
Evidence · table
“0.47”
Context: 126.454
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 126454000Grade: 12.66Grade Unit: g/tContained Metal: 51.46Contained Unit: mozView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:8436bce243a0485b54e6
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 126454000
- Grade
- 12.66
- Grade Unit
- g/t
- Contained Metal
- 51.46
- Contained Unit
- moz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.68
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 51.46 Moz Ag represents a significant and high-confidence resource base for the project.
Positive factors
- Large Measured and Indicated resource
- High silver grade
- NI 43-101 compliant
Evidence · table
“12.66”
Context: 126.454
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · goldTonnes: 73891000Grade: 0.31Grade Unit: g/tContained Metal: 1087.8Contained Unit: kozView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:d55f4afe760253f69b8c
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 73891000
- Grade
- 0.31
- Grade Unit
- g/t
- Contained Metal
- 1087.8
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 1.09 Moz AuEq adds significant potential but is considered speculative geologically.
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“0.31”
Context: 73.891
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · silverTonnes: 73891000Grade: 8.98Grade Unit: g/tContained Metal: 21.345Contained Unit: mozView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:d55f4afe760253f69b8c
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 73891000
- Grade
- 8.98
- Grade Unit
- g/t
- Contained Metal
- 21.345
- Contained Unit
- moz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 21.35 Moz Ag adds significant potential but is considered speculative geologically.
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“8.98”
Context: 73.891
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 79670000Grade: 0.797Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:3427490c35b23a06e08f
- Deposit or zone
- Main Veins and La Herradura (PEA process-plant feed)
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 79670000
- Grade
- 0.797
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.797
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Measured and Indicated resource forms the high-grade AuEq feed for the PEA's process plant, underpinning the project's economics.
Positive factors
- High-grade resource for process-plant feed
- Supports positive PEA economics
Negative factors
- Subset of overall resource
Evidence · text
“equivalent to 0.797 g/t AuEq”
Context: 79.67 Mt of combined Measured and Indicated Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 79670000Grade: 16.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:3427490c35b23a06e08f
- Deposit or zone
- Main Veins and La Herradura (PEA process-plant feed)
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 79670000
- Grade
- 16.1
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Measured and Indicated resource forms the high-grade silver feed for the PEA's process plant, underpinning the project's economics.
Positive factors
- High-grade resource for process-plant feed
- Supports positive PEA economics
Negative factors
- Subset of overall resource
Evidence · text
“16.10 g/t Ag”
Context: 79.67 Mt of combined Measured and Indicated Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · goldTonnes: 44100000Grade: 0.596Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:13477c90de13bc251be5
- Deposit or zone
- Main Veins and La Herradura (PEA process-plant feed)
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 44100000
- Grade
- 0.596
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.596
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Inferred resource contributes to the PEA's process plant AuEq feed, but its speculative nature introduces risk to the economic assessment.
Positive factors
- Significant Inferred resource for process-plant feed
- Supports positive PEA economics
Negative factors
- Inferred category is speculative
- PEA relies materially on Inferred resources
Evidence · text
“equivalent to 0.596 g/t AuEq”
Context: 44.10 Mt of Inferred Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · silverTonnes: 44100000Grade: 10.25Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:13477c90de13bc251be5
- Deposit or zone
- Main Veins and La Herradura (PEA process-plant feed)
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 44100000
- Grade
- 10.25
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Inferred resource contributes to the PEA's process plant silver feed, but its speculative nature introduces risk to the economic assessment.
Positive factors
- Significant Inferred resource for process-plant feed
- Supports positive PEA economics
Negative factors
- Inferred category is speculative
- PEA relies materially on Inferred resources
Evidence · text
“10.25 g/t Ag”
Context: 44.10 Mt of Inferred Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 28590000Grade: 0.206Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:b47dce1167e7d123d6b8
- Deposit or zone
- PEA uncrushed run-of-mine leach pad
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 28590000
- Grade
- 0.206
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.206
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Measured and Indicated resource provides lower-grade AuEq feed for the PEA's ROM leach pad.
Positive factors
- Resource for uncrushed ROM leach pad
- Supports positive PEA economics
Negative factors
- Lower grade material
- Subset of overall resource
Evidence · text
“equivalent to 0.206 g/t AuEq”
Context: 28.59 Mt of combined Measured and Indicated Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 28590000Grade: 5.98Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:b47dce1167e7d123d6b8
- Deposit or zone
- PEA uncrushed run-of-mine leach pad
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 28590000
- Grade
- 5.98
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Measured and Indicated resource provides lower-grade silver feed for the PEA's ROM leach pad.
Positive factors
- Resource for uncrushed ROM leach pad
- Supports positive PEA economics
Negative factors
- Lower grade material
- Subset of overall resource
Evidence · text
“5.98 g/t Ag”
Context: 28.59 Mt of combined Measured and Indicated Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · goldTonnes: 18450000Grade: 0.22Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:71d3175d06d7ccad22c3
- Deposit or zone
- PEA uncrushed run-of-mine leach pad
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 18450000
- Grade
- 0.22
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.22
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Inferred resource provides lower-grade AuEq feed for the PEA's ROM leach pad, but its speculative nature introduces risk.
Positive factors
- Inferred resource for uncrushed ROM leach pad
- Supports positive PEA economics
Negative factors
- Lower grade material
- Inferred category is speculative
- PEA relies materially on Inferred resources
Evidence · text
“equivalent to 0.220 g/t AuEq”
Context: 18.45 Mt of Inferred Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · silverTonnes: 18450000Grade: 6.72Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:71d3175d06d7ccad22c3
- Deposit or zone
- PEA uncrushed run-of-mine leach pad
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 18450000
- Grade
- 6.72
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: This Inferred resource provides lower-grade silver feed for the PEA's ROM leach pad, but its speculative nature introduces risk.
Positive factors
- Inferred resource for uncrushed ROM leach pad
- Supports positive PEA economics
Negative factors
- Lower grade material
- Inferred category is speculative
- PEA relies materially on Inferred resources
Evidence · text
“6.72 g/t Ag”
Context: 18.45 Mt of Inferred Mineral Resources
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · goldTonnes: 18484000Grade: 0.31Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:c9a1004cd22fbaf92146
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 18484000
- Grade
- 0.31
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.44
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.31”
Context: 18.484
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · silverTonnes: 18484000Grade: 7.85Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:c9a1004cd22fbaf92146
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 18484000
- Grade
- 7.85
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.44
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“7.85”
Context: 18.484
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 15093000Grade: 0.3Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:d8cab71c5c4c58f68e4a
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 15093000
- Grade
- 0.3
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.43
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.30”
Context: 15.093
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 15093000Grade: 8.08Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:d8cab71c5c4c58f68e4a
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 15093000
- Grade
- 8.08
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.43
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“8.08”
Context: 15.093
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 33577000Grade: 0.31Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:7c5675b9ada90d16581b
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 33577000
- Grade
- 0.31
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.44
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.31”
Context: 33.577
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 33577000Grade: 7.95Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:7c5675b9ada90d16581b
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 33577000
- Grade
- 7.95
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.44
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“7.95”
Context: 33.577
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · goldTonnes: 6975000Grade: 0.21Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:d31997f125afe3f25ee8
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 6975000
- Grade
- 0.21
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.29
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 0.74 Moz Au adds significant potential but is considered speculative geologically. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“0.21”
Context: 6.975
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · silverTonnes: 6975000Grade: 4.81Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:d31997f125afe3f25ee8
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 6975000
- Grade
- 4.81
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.29
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 0.74 Moz Au adds significant potential but is considered speculative geologically. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“4.81”
Context: 6.975
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · goldTonnes: 44748000Grade: 0.6Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:35305dfebe3d51ba9247
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 44748000
- Grade
- 0.6
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.85
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.60”
Context: 44.748
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · silverTonnes: 44748000Grade: 15.37Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:35305dfebe3d51ba9247
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 44748000
- Grade
- 15.37
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.85
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“15.37”
Context: 44.748
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 43827000Grade: 0.49Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:e1555638c44047431b18
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 43827000
- Grade
- 0.49
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.71
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.49”
Context: 43.827
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 43827000Grade: 13.51Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:e1555638c44047431b18
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 43827000
- Grade
- 13.51
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.71
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“13.51”
Context: 43.827
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 88576000Grade: 0.55Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:59e48faa94d8d289ab1b
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 88576000
- Grade
- 0.55
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.78
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.55”
Context: 88.576
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 88576000Grade: 14.45Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:59e48faa94d8d289ab1b
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 88576000
- Grade
- 14.45
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.78
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“14.45”
Context: 88.576
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · goldTonnes: 64052000.00000001Grade: 0.33Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:48eae214cb61a9f7f4f1
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 64052000.00000001
- Grade
- 0.33
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.48
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 0.74 Moz Au adds significant potential but is considered speculative geologically. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“0.33”
Context: 64.052
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · silverTonnes: 64052000.00000001Grade: 9.13Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:48eae214cb61a9f7f4f1
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 64052000.00000001
- Grade
- 9.13
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.48
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 0.74 Moz Au adds significant potential but is considered speculative geologically. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“9.13”
Context: 64.052
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · goldTonnes: 3059000Grade: 0.18Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:6c9dbf594b3349d821bc
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 3059000
- Grade
- 0.18
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.39
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.18”
Context: 3.059
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · silverTonnes: 3059000Grade: 12.67Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:6c9dbf594b3349d821bc
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 3059000
- Grade
- 12.67
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.39
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“12.67”
Context: 3.059
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 1241000Grade: 0.14Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:7a991de680af3546e839
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1241000
- Grade
- 0.14
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.33
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.14”
Context: 1.241
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 1241000Grade: 11.75Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:7a991de680af3546e839
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1241000
- Grade
- 11.75
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.33
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“11.75”
Context: 1.241
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 4301000Grade: 0.17Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:03a66e82ce73e563ca0d
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4301000
- Grade
- 0.17
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.37
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.17”
Context: 4.301
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 4301000Grade: 12.4Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:03a66e82ce73e563ca0d
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4301000
- Grade
- 12.4
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.37
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“12.40”
Context: 4.301
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · goldTonnes: 2865000Grade: 0.14Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:4631b1a967e5f8e612de
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2865000
- Grade
- 0.14
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 0.74 Moz Au adds significant potential but is considered speculative geologically. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“0.14”
Context: 2.865
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredEl Dorado Monserrat (EDM) Project · silverTonnes: 2865000Grade: 15.9Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:4631b1a967e5f8e612de
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2865000
- Grade
- 15.9
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The Inferred Mineral Resource of 0.74 Moz Au adds significant potential but is considered speculative geologically. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant Inferred resource
- NI 43-101 compliant
Negative factors
- Inferred category is speculative
Evidence · table
“15.90”
Context: 2.865
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · goldTonnes: 66292000Grade: 0.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:bc089b29073a6653fa04
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 66292000
- Grade
- 0.5
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.72
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.50”
Context: 66.292
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredEl Dorado Monserrat (EDM) Project · silverTonnes: 66292000Grade: 13.15Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:bc089b29073a6653fa04
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 66292000
- Grade
- 13.15
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.72
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“13.15”
Context: 66.292
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · goldTonnes: 60162000Grade: 0.44Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- gold
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:fe3cb32407a042d1aac9
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 60162000
- Grade
- 0.44
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“0.44”
Context: 60.162
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedEl Dorado Monserrat (EDM) Project · silverTonnes: 60162000Grade: 12.11Grade Unit: g/tView all detailsHide details
Identity
- Project
- El Dorado Monserrat (EDM) Project
- Commodity
- silver
- Region
- argentina
- Reported Region
- Santa Cruz Province, Argentina
- Ticker
- FRED
Resource scope
- Estimate type
- resource
- Effective date
- 2026-08-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sergio Alvarado Casas, Ricardo Munoz Gonzalez, Carlos Puga Gomez
- Resource group id
- resource:fe3cb32407a042d1aac9
- Deposit or zone
- Consolidated Project
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 60162000
- Grade
- 12.11
- Grade Unit
- g/t
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2026-08-17
Metal Equivalent
- Metal Eq. Grade
- 0.64
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: The updated Measured and Indicated Mineral Resource of 1.93 Moz Au represents a significant and high-confidence resource base for the project. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Measured and Indicated resource
- High gold grade
- NI 43-101 compliant
Evidence · table
“12.11”
Context: 60.162
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
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
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.