# FREEMAN GOLD WELCOMES STRATEGIC INVESTOR BRIAN PAES-BRAGA AS INSIDER Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/freeman-gold-welcomes-strategic-investor-brian-paes-braga-as-insider--d80a5194-5a9a-4a7f-bc06-f5cb5cfd97f9 Original source: https://money.tmx.com/en/quote/FMAN/news/7503979810881996/freeman-gold-welcomes-strategic-investor-brian-paes-braga-as-insider Publisher: tmx Original announcement: 2025-10-22T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Freeman Gold Corp. - Ticker: FMAN - Exchange: TSX - Region: Idaho, USA - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Capital raise, Economic study - Extracted: 2026-09-17 23:02:49 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Freeman Gold Corp. announced that Brian Paes-Braga has acquired 5,000,000 common shares, increasing his beneficial ownership to 11.39% on a partially diluted basis. The company also restated its Lemhi Gold Project resource estimate and key metrics from its 2023 Preliminary Economic Assessment. Reasoning: The announcement of a strategic insider purchase provides a vote of confidence in the Lemhi Gold Project, while the document also serves to restate existing resource and economic study data. - Positive factor: Strategic insider acquisition of 5M shares - Positive factor: Significant increase in beneficial ownership to 11.39% on a partially diluted basis - Positive factor: Reiteration of strong PEA economics \(28.2% IRR, $329M NPV\) - Positive factor: Presence of a high-profile strategic investor Facts used in scoring: 5 ## Classification and evidence **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The document mentions the project is focused on advancing toward production, implying resource definition work. Evidence · text > advancing the Lemhi Project toward production **QP/CP Signed** Polarity: positive Definition: 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: Technical content reviewed and approved by Dean Besserer, P. Geo., a Qualified Person. Evidence · text > reviewed and approved by Dean Besserer , P. Geo., the VP Exploration for the Company and a Qualified Person **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is explicitly stated as NI 43-101 compliant. Evidence · text > National Instrument 43-101 \(" NI 43- 101 "\) compliant mineral resource estimate ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/freeman-gold-welcomes-strategic-investor-brian-paes-braga-as-insider--d80a5194-5a9a-4a7f-bc06-f5cb5cfd97f9#fact-resource-facts-1) Lemhi Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Lemhi Gold Project - Commodity: gold - Region: usa\_id - Reported Region: Idaho, USA - Ticker: FMAN #### Resource scope - Estimate type: resource - Resource group id: resource:bcf5e93d96f3d87db23c - Deposit or zone: Lemhi Gold Project - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: indicated - Tonnes: 25500000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 819300 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-11-20T00:00:00.000Z #### Dates - Event date: 2025-10-22T00:00:00.000Z Reasoning: Restatement of existing NI 43-101 resource estimate. - Positive factor: Solid Indicated resource base - Negative factor: Significant Inferred component Evidence · text > Indicated \(819,300 oz\) and 256,000 oz Au at 1.04 g/t Au in 7.63 million tonnes \(Inferred\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/freeman-gold-welcomes-strategic-investor-brian-paes-braga-as-insider--d80a5194-5a9a-4a7f-bc06-f5cb5cfd97f9#fact-resource-facts-2) Lemhi Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Lemhi Gold Project - Commodity: gold - Region: usa\_id - Reported Region: Idaho, USA - Ticker: FMAN #### Resource scope - Estimate type: resource - Resource group id: resource:49391fb0d8c71b325017 - Deposit or zone: Lemhi Gold Project - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: inferred - Tonnes: 7630000 - Grade: 1.04 - Grade Unit: g/t - Contained Metal: 256000 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-11-20T00:00:00.000Z #### Dates - Event date: 2025-10-22T00:00:00.000Z Reasoning: Restatement of existing Inferred resource. - Negative factor: Speculative category Evidence · text > 256,000 oz Au at 1.04 g/t Au in 7.63 million tonnes \(Inferred\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/freeman-gold-welcomes-strategic-investor-brian-paes-braga-as-insider--d80a5194-5a9a-4a7f-bc06-f5cb5cfd97f9#fact-resource-facts-3) Lemhi Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Lemhi Gold Project - Commodity: gold - Region: usa\_id - Reported Region: Idaho, USA - Ticker: FMAN #### Resource scope - Estimate type: resource - Resource group id: resource:2e581c8145cf185d8c72 - Deposit or zone: Lemhi Gold Project - Mining method: open\_pit - Material type: oxide #### Resource Data - Category: measured - Tonnes: 4700000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 168800 - Contained Unit: oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-11-20T00:00:00.000Z #### Dates - Event date: 2025-10-22T00:00:00.000Z Reasoning: Restatement of existing Measured resource. Evidence · text > 4.7 million tonnes Measured \(168,800 oz\) #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. 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.