# Golden Minerals Announces Resource Estimate For Rodeo Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86 Original source: https://money.tmx.com/en/quote/AUMN/news/6639544032537064/golden-minerals-announces-resource-estimate-for-rodeo-project Publisher: tmx Original announcement: 2017-01-26T11:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Golden Minerals Company - Ticker: AUMN - Exchange: TSX - Region: Durango State, Mexico - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update - Extracted: 2026-09-17 11:48:55 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Golden Minerals announced a NI 43-101 compliant mineral resource estimate for its Rodeo gold project in Mexico. The estimate includes two scenarios: a mill processing case \(Indicated 0.4 Mt @ 3.3 g/t Au\) and a heap leach case \(Indicated 3.6 Mt @ 0.8 g/t Au\). Reasoning: The company announced its first formal mineral resource estimate for the Rodeo project, providing two distinct processing scenarios \(mill and heap leach\) with Indicated and Inferred categories. - Positive factor: Maiden resource estimate for Rodeo project - Positive factor: Two processing scenarios provided \(mill and heap leach\) - Positive factor: NI 43-101 compliant - Positive factor: QP sign-off provided Facts used in scoring: 12 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: First formal MRE for the project established via the 2016 drilling program. Evidence · text > Golden conducted a 2,080-meter core drilling program in 2016. Shown below are two resource estimates **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The release explicitly states the estimate is NI 43-101 compliant. Evidence · text > is pleased to announce the results of a Canadian National Instrument 43-101 \("NI 43-101"\) compliant mineral resource estimate **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: Geoff Elson from Tetra Tech is named as the independent Qualified Person. Evidence · text > Geoff Elson is the independent Qualified Person from Tetra Tech who reviewed and approved this press release. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: Cutoff grades for both the mill and heap leach scenarios are clearly stated. Evidence · text > Table 1 presents a mill grade resource... Table 2 presents a heap leach case ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Resource Estimates (12) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-0) Rodeo · gold #### Identity - Project: Rodeo - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:06cad6f59039d117b574 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 400000 - Grade: 3.3 - Grade Unit: g/t - Cutoff Grade: 0.83 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Indicated resource for the mill processing scenario. - Positive factor: Indicated category reported Evidence · table > 3.3 Context: 0.4 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-1) Rodeo · silver #### Identity - Project: Rodeo - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:06cad6f59039d117b574 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 400000 - Grade: 11 - Grade Unit: g/t - Cutoff Grade: 0.83 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Silver grade for the mill processing scenario. Evidence · table > 11 Context: 0.4 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-2) Rodeo · gold #### Identity - Project: Rodeo - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:794e278a93b088994249 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 3600000 - Grade: 0.8 - Grade Unit: g/t - Cutoff Grade: 0.17 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Indicated resource for the heap leach scenario. - Positive factor: Larger tonnage reported in heap leach case - Negative factor: Lower grade compared to mill case Evidence · table > 0.8 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-3) Rodeo · silver #### Identity - Project: Rodeo - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:794e278a93b088994249 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 3600000 - Grade: 12 - Grade Unit: g/t - Cutoff Grade: 0.17 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Silver grade for the heap leach scenario. Evidence · table > 12 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-4) Rodeo · gold #### Identity - Project: Rodeo - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:5800166456f3b1076a83 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 3600000 - Grade: 0.4 - Grade Unit: g/t - Cutoff Grade: 0.17 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Inferred resource for the heap leach scenario. - Negative factor: Inferred category Evidence · table > 0.4 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-5) Rodeo · silver #### Identity - Project: Rodeo - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:5800166456f3b1076a83 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 3600000 - Grade: 11 - Grade Unit: g/t - Cutoff Grade: 0.17 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Inferred resource for the heap leach scenario. - Negative factor: Inferred category Evidence · table > 11 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-6) Rodeo · gold #### Identity - Project: Rodeo - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:ab019f07864cba2fcce6 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 0.4 - Grade: 3.3 - Grade Unit: g/t - Cutoff Grade: 0.83 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Indicated resource for the mill processing scenario. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Indicated category reported Evidence · table > 3.3 Context: 0.4 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-7) Rodeo · silver #### Identity - Project: Rodeo - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:ab019f07864cba2fcce6 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 0.4 - Grade: 11 - Grade Unit: g/t - Cutoff Grade: 0.83 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Indicated resource for the mill processing scenario. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Indicated category reported Evidence · table > 11 Context: 0.4 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-8) Rodeo · gold #### Identity - Project: Rodeo - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:c57818c7457e27a0cc82 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 3.6 - Grade: 0.8 - Grade Unit: g/t - Cutoff Grade: 0.83 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Indicated resource for the mill processing scenario. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Indicated category reported Evidence · table > 0.8 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-9) Rodeo · silver #### Identity - Project: Rodeo - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:c57818c7457e27a0cc82 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 3.6 - Grade: 12 - Grade Unit: g/t - Cutoff Grade: 0.83 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Indicated resource for the mill processing scenario. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Indicated category reported Evidence · table > 12 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-10) Rodeo · gold #### Identity - Project: Rodeo - Commodity: gold - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:cd45f92fc15d348f01e7 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 3.6 - Grade: 0.4 - Grade Unit: g/t - Cutoff Grade: 0.17 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Inferred resource for the heap leach scenario. \(Expanded from multi-commodity resource table for completeness.\) - Negative factor: Inferred category Evidence · table > 0.4 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-announces-resource-estimate-for-rodeo-project--e01adf37-dc02-4667-8217-49345f92fa86#fact-resource-facts-11) Rodeo · silver #### Identity - Project: Rodeo - Commodity: silver - Region: mexico - Reported Region: Durango State, Mexico - Ticker: AUMN #### Resource scope - Estimate type: resource - Effective date: 2017-01-25T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Geoff Elson - Resource group id: resource:cd45f92fc15d348f01e7 - Deposit or zone: Rodeo - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 3.6 - Grade: 11 - Grade Unit: g/t - Cutoff Grade: 0.17 - Cutoff Unit: AuEq g/t #### Prior Estimate - Resource Date: 2017-01-25 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2017-01-26T00:00:00.000Z Reasoning: Inferred resource for the heap leach scenario. \(Expanded from multi-commodity resource table for completeness.\) - Negative factor: Inferred category Evidence · table > 11 Context: 3.6 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.