Goldsky Resources -2026 Drilling Program Commences at Rajapalot Gold Project, Finland

Original announcement by tmx on

Company
Goldsky Resources Corp
Ticker
GSKR
Exchange
TSX
Region
Northern Finland
Primary commodity
Gold
Secondary commodities
Cobalt
Document categories
Resource update, Drill results
Extracted
2026-09-18 03:04:27 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Goldsky Resources has commenced a 10,000-meter winter drilling program at the Rajapalot Gold-Cobalt Project in Finland, focusing on infill drilling to upgrade Inferred resources and target-testing for growth. The announcement also restates the existing Inferred Mineral Resource of 9.8 Mt @ 2.8 g/t Au and 441 ppm Co, which was originally effective in August 2021.

Reasoning: The document announces a significant new drilling program to upgrade existing resources, but the resource figures themselves are a restatement of a 2021 estimate.

Positive factors

  • Commencement of 10,000m drilling program
  • Infill drilling aimed at resource conversion
  • Target-testing for potential resource growth

Negative factors

  • Resource estimate is historical (August 2021)
  • 100% Inferred resource

Facts used in scoring: 10

Classification and evidence

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The mineral resource is explicitly stated as an Inferred Mineral Resource.

Evidence · text

“An Inferred Mineral Resource ("MRE") has been calculated”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the resource estimate is August 26, 2021, which is over 2 years old.

Evidence · text

“effective date August 26, 2021”

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: Dr. Thomas Fromhold is named as the Qualified Person.

Evidence · text

“Dr. Thomas Fromhold... is a "qualified person" as defined under NI 43-101.”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate is prepared under NI 43-101 standards.

Evidence · text

“Qualified Person as defined in NI 43-101”

Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

Resource Estimates (10)

inferredRajapalot Gold Project · goldTonnes: 5612000Grade: 2.8Grade Unit: g/tContained Metal: 501Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
gold
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:53fdebcc7a84685f129d
Deposit or zone
Palokas
Mining method
underground

Resource Data

Category
inferred
Tonnes
5612000
Grade
2.8
Grade Unit
g/t
Contained Metal
501
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred resource component of the total estimate.

Evidence · table

“2.8”

Context: 5,612

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · cobaltTonnes: 5612000Grade: 475Grade Unit: ppmContained Metal: 2664Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
cobalt
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:53fdebcc7a84685f129d
Deposit or zone
Palokas
Mining method
underground

Resource Data

Category
inferred
Tonnes
5612000
Grade
475
Grade Unit
ppm
Contained Metal
2664
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred cobalt component of the total estimate.

Evidence · table

“475”

Context: 5,612

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · goldTonnes: 2702000Grade: 3.1Grade Unit: g/tContained Metal: 271Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
gold
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:ba044c8f96463d26663e
Deposit or zone
Raja
Mining method
underground

Resource Data

Category
inferred
Tonnes
2702000
Grade
3.1
Grade Unit
g/t
Contained Metal
271
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred resource component of the total estimate.

Evidence · table

“3.1”

Context: 2,702

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · cobaltTonnes: 2702000Grade: 385Grade Unit: ppmContained Metal: 1040Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
cobalt
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:ba044c8f96463d26663e
Deposit or zone
Raja
Mining method
underground

Resource Data

Category
inferred
Tonnes
2702000
Grade
385
Grade Unit
ppm
Contained Metal
1040
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred cobalt component of the total estimate.

Evidence · table

“385”

Context: 2,702

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · goldTonnes: 299000Grade: 4.5Grade Unit: g/tContained Metal: 43Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
gold
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:45e8f590be670607e53a
Deposit or zone
East Joki
Mining method
underground

Resource Data

Category
inferred
Tonnes
299000
Grade
4.5
Grade Unit
g/t
Contained Metal
43
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred resource component of the total estimate.

Evidence · table

“4.5”

Context: 299

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · cobaltTonnes: 299000Grade: 363Grade Unit: ppmContained Metal: 109Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
cobalt
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:45e8f590be670607e53a
Deposit or zone
East Joki
Mining method
underground

Resource Data

Category
inferred
Tonnes
299000
Grade
363
Grade Unit
ppm
Contained Metal
109
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred cobalt component of the total estimate.

Evidence · table

“363”

Context: 299

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · goldTonnes: 831000Grade: 1.3Grade Unit: g/tContained Metal: 36Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
gold
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:ad0e7e01e1699f6f185a
Deposit or zone
Hut
Mining method
underground

Resource Data

Category
inferred
Tonnes
831000
Grade
1.3
Grade Unit
g/t
Contained Metal
36
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred resource component of the total estimate.

Evidence · table

“1.3”

Context: 831

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · cobaltTonnes: 831000Grade: 428Grade Unit: ppmContained Metal: 355Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
cobalt
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:ad0e7e01e1699f6f185a
Deposit or zone
Hut
Mining method
underground

Resource Data

Category
inferred
Tonnes
831000
Grade
428
Grade Unit
ppm
Contained Metal
355
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred cobalt component of the total estimate.

Evidence · table

“428”

Context: 831

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · goldTonnes: 336000Grade: 1.4Grade Unit: g/tContained Metal: 15Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
gold
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:e2ebb1903d6f107934c8
Deposit or zone
Rumajärvi
Mining method
underground

Resource Data

Category
inferred
Tonnes
336000
Grade
1.4
Grade Unit
g/t
Contained Metal
15
Contained Unit
koz
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred resource component of the total estimate.

Evidence · table

“1.4”

Context: 336

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

inferredRajapalot Gold Project · cobaltTonnes: 336000Grade: 424Grade Unit: ppmContained Metal: 142Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold Project
Commodity
cobalt
Region
finland
Reported Region
Northern Finland
Ticker
GSKR

Resource scope

Estimate type
resource
Effective date
2021-08-26T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Ove Klavér, Thomas Fromhold
Resource group id
resource:e2ebb1903d6f107934c8
Deposit or zone
Rumajärvi
Mining method
underground

Resource Data

Category
inferred
Tonnes
336000
Grade
424
Grade Unit
ppm
Contained Metal
142
Contained Unit
t
Cutoff Grade
1.1
Cutoff Unit
g/t AuEq

Prior Estimate

Resource Date
2021-08-26

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2021-08-26T00:00:00.000Z

Dates

Event date
2026-02-03T00:00:00.000Z

Reasoning: Historical inferred cobalt component of the total estimate.

Evidence · table

“424”

Context: 336

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

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.4 years before this release

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.