Goldsky Resources Provides Operational Update on 2026 Drilling Program at Rajapalot Gold-Cobalt Project, Finland

Original announcement by tmx on

Company
Goldsky Resources Corp
Ticker
GSKR
Exchange
TSX
Region
Finland
Primary commodity
Gold
Secondary commodities
Cobalt
Document categories
Resource update, Other
Extracted
2026-09-18 03:01:45 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Goldsky Resources provided an operational update on its 2026 winter drilling program at the Rajapalot Gold-Cobalt Project in Northern Finland, reporting 6,073 metres drilled across 31 holes, with first assay results expected in March. The company also restated its 2021 Inferred Mineral Resource estimate for Rajapalot, which includes 9.8 million tonnes at 2.8 g/t gold and 441 ppm cobalt. The update highlights the company's ongoing drilling activities while also signaling a strategic shift towards the Barsele Project, where a PEA and extensive drilling are planned for 2026.

Reasoning: The document provides an operational update on a drilling program without new assay results and restates a stale, inferred mineral resource estimate from 2021. The company's focus appears to be shifting to another project, limiting the novelty and materiality of this announcement for Rajapalot.

Positive factors

  • Drilling progressing on schedule
  • No safety incidents reported

Negative factors

  • No new drill results reported
  • Resource estimate is stale (2021 effective date)
  • Resource is entirely Inferred category
  • Company focus appears to be shifting to another project (Barsele)

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 12

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Resource Estimates (12)

inferredRajapalot Gold-Cobalt 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-Cobalt Project
Commodity
gold
Region
finland
Reported Region
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
Resource group id
resource:eded7562b924bbdbc42d
Deposit or zone
Palokas
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Palokas zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“2.8”

Context: 5,612

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

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

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
cobalt
Region
finland
Reported Region
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
Resource group id
resource:eded7562b924bbdbc42d
Deposit or zone
Palokas
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Palokas zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“475”

Context: 5,612

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

inferredRajapalot Gold-Cobalt 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-Cobalt Project
Commodity
gold
Region
finland
Reported Region
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
Resource group id
resource:3d173148a007eec4f79c
Deposit or zone
Raja
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Raja zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“3.1”

Context: 2,702

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

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

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
cobalt
Region
finland
Reported Region
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
Resource group id
resource:3d173148a007eec4f79c
Deposit or zone
Raja
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Raja zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“385”

Context: 2,702

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

inferredRajapalot Gold-Cobalt 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-Cobalt Project
Commodity
gold
Region
finland
Reported Region
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
Resource group id
resource:8e0b7cc31b2318a0eba7
Deposit or zone
East Joki
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the East Joki zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“4.5”

Context: 299

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

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

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
cobalt
Region
finland
Reported Region
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
Resource group id
resource:8e0b7cc31b2318a0eba7
Deposit or zone
East Joki
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the East Joki zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“363”

Context: 299

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

inferredRajapalot Gold-Cobalt 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-Cobalt Project
Commodity
gold
Region
finland
Reported Region
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
Resource group id
resource:d8b1858ef93b02bbb3be
Deposit or zone
Hut
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Hut zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“1.3”

Context: 831

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

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

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
cobalt
Region
finland
Reported Region
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
Resource group id
resource:866d41dcdcbea2272770
Deposit or zone
Hut
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Dates

Event date
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Hut zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“428”

Context: 831

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

inferredRajapalot Gold-Cobalt 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-Cobalt Project
Commodity
gold
Region
finland
Reported Region
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
Resource group id
resource:6157e4ac4cf7fa16f66f
Deposit or zone
Rumajärvi
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Rumajärvi zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“1.4”

Context: 336

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

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

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
cobalt
Region
finland
Reported Region
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
Resource group id
resource:6157e4ac4cf7fa16f66f
Deposit or zone
Rumajärvi
Mining method
underground
Ownership percent
100 %

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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, inferred resource estimate for the Rumajärvi zone, providing low novelty.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only

Evidence · table

“424”

Context: 336

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

inferredRajapalot Gold-Cobalt Project · goldTonnes: 9780000Grade: 2.8Grade Unit: g/tContained Metal: 867Contained Unit: kozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
gold
Region
finland
Reported Region
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
Resource group id
resource:dde666670b3736e54398
Deposit or zone
Total Inferred Resources
Mining method
underground
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
9780000
Grade
2.8
Grade Unit
g/t
Contained Metal
867
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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, entirely inferred resource estimate, providing low novelty and confidence for economic studies.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only
  • All Inferred

Evidence · table

“2.8”

Context: 9,780

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

All Inferrednegative

M&I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The entire resource is in the Inferred category, indicating very early stage and no engineering confidence.

Evidence · text

“Total Inferred Resources”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

inferredRajapalot Gold-Cobalt Project · cobaltTonnes: 9780000Grade: 441Grade Unit: ppmContained Metal: 4311Contained Unit: tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Rajapalot Gold-Cobalt Project
Commodity
cobalt
Region
finland
Reported Region
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
Resource group id
resource:dde666670b3736e54398
Deposit or zone
Total Inferred Resources
Mining method
underground
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
9780000
Grade
441
Grade Unit
ppm
Contained Metal
4311
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
2026-02-27T00:00:00.000Z

Reasoning: This is a restatement of a stale, entirely inferred resource estimate, providing low novelty and confidence for economic studies.

Positive factors

  • NI 43-101 compliant
  • QP signed

Negative factors

  • Stale estimate (effective date 2021-08-26)
  • Inferred category only
  • All Inferred

Evidence · table

“441”

Context: 9,780

Tags used in scoring

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 more than two years old.

Evidence · text

“effective date August 26, 2021”

Inferred Resourcenegative

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

Why it applies: The resource is classified as Inferred, which is the lowest confidence category.

Evidence · text

“Inferred Mineral Resource”

All Inferrednegative

M&I share below the weak bound — very early stage, no engineering confidence.

Why it applies: The entire resource is in the Inferred category, indicating very early stage and no engineering confidence.

Evidence · text

“Total Inferred Resources”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate is stated to be compliant with NI 43-101.

Evidence · text

“Qualified Person as defined in NI 43-101 for the mineral resource estimates is Mr. Ove Klavér (EurGeol)”

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: Mr. Ove Klavér is named as the Qualified Person for the mineral resource estimates.

Evidence · text

“Mr. Ove Klavér (EurGeol)”

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

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

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.