# Hemlo Mining Corp. Reports Second Quarter 2026 Financial and Operating Results Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc Original source: https://money.tmx.com/en/quote/HMMC/news/8653972835996689/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results Publisher: tmx Original announcement: 2026-08-11T22:18:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Hemlo Mining Corp. - Ticker: HMMC - Exchange: TSX - Region: Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Production, Drill results - Extracted: 2026-09-12 06:34:47 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Hemlo Mining Corp. reported its second quarter 2026 financial and operating results, with attributable gold production of 25,188 ounces and net income of $31.0 million. The company announced a significant update to its Mineral Resource Estimate, showing a 34% increase in Measured & Indicated gold resources to 4.8 million ounces. Operational metrics improved during the quarter, positioning the business for future production increases, despite a temporary dip in processed grades and higher unit costs due to planned sequencing changes and a crusher rebuild. Additionally, initial growth drilling results from the South-Rim Zone returned high-grade intercepts. Reasoning: The company reported mixed Q2 operating results with lower production and higher unit costs due to planned operational transitions, but highlighted significant MRE growth and strong exploration drill results, alongside improved underlying operational metrics and safety performance. - Positive factor: Significant increase in Measured & Indicated Mineral Resources \(+34% or 1.2 Moz gold\) - Positive factor: Strong drill intercepts from growth drilling program, including bonanza grades - Positive factor: Operational metrics improved during the quarter \(development metres +42%, longhole drilling +65%\) - Positive factor: Achieved three consecutive years without a lost-time injury - Positive factor: Successful transition to owner-operator model - Negative factor: Q2 attributable gold production decreased compared to Q1 due to planned crusher rebuild and mining sequence changes - Negative factor: Lower average mill feed grades in Q2 compared to Q1 - Negative factor: Increased unit costs \(cash cost and AISC per ounce sold\) in Q2 compared to Q1 Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 26 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: The updated MRE shows a 34% increase in Measured & Indicated Mineral Resources \(100% basis\) to 96.9 million tonnes. Evidence · text > M&I Mineral Resources \(100% basis\) of 96.9 million tonnes \("Mt"\) at 1.55 g/t Au for 4.8 million ounces \("Moz"\) of gold; represents an increase of 1.2 Moz, or +34%, compared to the 2025 Report. **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: The updated MRE reports 4.8 million ounces of gold in M&I resources, representing an increase of 1.2 Moz, or +34%, compared to the 2025 Report. Evidence · text > M&I Mineral Resources \(100% basis\) of 96.9 million tonnes \("Mt"\) at 1.55 g/t Au for 4.8 million ounces \("Moz"\) of gold; represents an increase of 1.2 Moz, or +34%, compared to the 2025 Report. **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: The Mineral Resource Estimate was prepared by Mr. Brian Hartman \(P. Geo.\) of SLR Consulting \(Canada\) Ltd., who is a Qualified Person. Evidence · text > The qualified person \("QP"\) responsible for this Mineral Resource Estimate is Mr. Brian Hartman \(P. Geo.\) of SLR Consulting \(Canada\) Ltd. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The updated MRE is presented in compliance with National Instrument 43-101, Standards of Disclosure for Mineral Projects. Evidence · text > Announced an updated Mineral Resource Estimate \("MRE"\) demonstrating a 34% increase from the 2025 National Instrument 43-101, Standards of Disclosure for Mineral Projects \("NI 43-101"\) Technical Report **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The company announced an updated Mineral Resource Estimate for the Hemlo Mine, incorporating additional drilling and updated assumptions. Evidence · text > In June 2026, the Company announced an updated MRE for the Hemlo Mine which incorporated additional drilling completed since the last MRE in the 2025 Report, as well as updated underlying assumptions to reflect current metal prices. **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Hole 7652606 intersected 59.67 g/t Au over 2.0 metres, which is an exceptionally high-grade zone. Evidence · text > Hole 7652606 intersected 16.07 g/t Au over 8.1 metres, including 59.67 g/t Au over 2.0 metres **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The reported drill results are from the 'Growth Drilling' component, which is testing new mineralized zones outside the current mineral resource footprint, specifically in the newly recognized South-Rim Zone. Evidence · text > Growth Drilling \(30,000 metres\): Testing new mineralized zones outside the current mineral resource footprint across four priority targets... During the second quarter of 2026, the Company announced the first results from the Growth Drilling component of its 2026 exploration program, focused on the South-Rim Zone – a newly recognized high-grade mineralized domain **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The drill intercepts are given as downhole widths \(e.g., '8.1 metres'\) with no true width or drill orientation information provided in this document. Evidence · text > Hole 7652606 intersected 16.07 g/t Au over 8.1 metres ## Extracted facts Stored fact records: 23. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### 7652606 [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-drill-facts-20) Hemlo Mine · gold #### Identity - Hole ID: 7652606 - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: HMMC #### Geometry - Grade: 16.07 - Grade Unit: g/t - Intercept: 8.1 m #### Classification - Deposit Type: orogenic - Program: exploration - Sample Type: drill #### Location - Location: South-Rim Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This intercept represents an exceptional high-grade and good-width result from a new exploration zone, indicating strong potential. - Positive factor: Exceptional grade \(16.07 g/t Au\) for orogenic gold deposit - Positive factor: Strong intercept length \(8.1 m\) - Positive factor: Grade-width product \(130.17 g/t\*m\) is exceptional - Positive factor: Intercept is part of a newly recognized high-grade mineralized domain - Negative factor: True width not stated Evidence · text > Hole 7652606 intersected 16.07 g/t Au over 8.1 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 7652606 [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-drill-facts-21) Hemlo Mine · gold #### Identity - Hole ID: 7652606 - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: HMMC #### Geometry - Grade: 59.67 - Grade Unit: g/t - Intercept: 2 m #### Classification - Deposit Type: orogenic - Program: exploration - Sample Type: drill #### Location - Location: South-Rim Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This sub-interval is a bonanza-grade intercept, significantly enhancing the prospectivity of the new South-Rim Zone. - Positive factor: Bonanza grade \(59.67 g/t Au\) for orogenic gold deposit - Positive factor: Grade-width product \(119.34 g/t\*m\) is exceptional - Positive factor: Intercept is part of a newly recognized high-grade mineralized domain - Negative factor: True width not stated Evidence · text > including 59.67 g/t Au over 2.0 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 7652603 [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-drill-facts-22) Hemlo Mine · gold #### Identity - Hole ID: 7652603 - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: HMMC #### Geometry - Grade: 5.79 - Grade Unit: g/t - Intercept: 11 m #### Classification - Deposit Type: orogenic - Program: exploration - Sample Type: drill #### Location - Location: South-Rim Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This intercept shows strong grade and width from a new exploration zone, indicating good potential. - Positive factor: Strong grade \(5.79 g/t Au\) for orogenic gold deposit - Positive factor: Strong intercept length \(11.0 m\) - Positive factor: Grade-width product \(63.69 g/t\*m\) is strong - Positive factor: Intercept is part of a newly recognized high-grade mineralized domain - Negative factor: True width not stated Evidence · text > Hole 7652603 intersected 5.79 g/t Au over 11.0 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 7652603 [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-drill-facts-23) Hemlo Mine · gold #### Identity - Hole ID: 7652603 - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: HMMC #### Geometry - Grade: 38.4 - Grade Unit: g/t - Intercept: 0.9 m #### Classification - Deposit Type: orogenic - Program: exploration - Sample Type: drill #### Location - Location: South-Rim Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This sub-interval is a bonanza-grade intercept, further highlighting the high-grade nature of the South-Rim Zone. - Positive factor: Bonanza grade \(38.40 g/t Au\) for orogenic gold deposit - Positive factor: Grade-width product \(34.56 g/t\*m\) is moderate - Positive factor: Intercept is part of a newly recognized high-grade mineralized domain - Negative factor: True width not stated Evidence · text > including 38.40 g/t Au over 0.9 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 7652604 [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-drill-facts-24) Hemlo Mine · gold #### Identity - Hole ID: 7652604 - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: HMMC #### Geometry - Grade: 6.04 - Grade Unit: g/t - Intercept: 4.8 m #### Classification - Deposit Type: orogenic - Program: exploration - Sample Type: drill #### Location - Location: South-Rim Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This intercept shows strong grade and moderate width from a new exploration zone, indicating good potential. - Positive factor: Strong grade \(6.04 g/t Au\) for orogenic gold deposit - Positive factor: Moderate intercept length \(4.8 m\) - Positive factor: Grade-width product \(29.0 g/t\*m\) is moderate - Positive factor: Intercept is part of a newly recognized high-grade mineralized domain - Negative factor: True width not stated Evidence · text > Hole 7652604 intersected 6.04 g/t Au over 4.8 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### 7652604 [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-drill-facts-25) Hemlo Mine · gold #### Identity - Hole ID: 7652604 - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: HMMC #### Geometry - Grade: 36.2 - Grade Unit: g/t - Intercept: 0.6 m #### Classification - Deposit Type: orogenic - Program: exploration - Sample Type: drill #### Location - Location: South-Rim Zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This sub-interval is a bonanza-grade intercept, further highlighting the high-grade nature of the South-Rim Zone. - Positive factor: Bonanza grade \(36.20 g/t Au\) for orogenic gold deposit - Positive factor: Grade-width product \(21.72 g/t\*m\) is moderate - Positive factor: Intercept is part of a newly recognized high-grade mineralized domain - Negative factor: True width not stated Evidence · text > including 36.20 g/t Au over 0.6 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (17) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-3) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:434afcfade833a0a402f - Deposit or zone: Open Pit #### Resource Data - Category: indicated - Tonnes: 71923000 - Grade: 0.87 - Grade Unit: g/t - Contained Metal: 2009 - Contained Unit: koz au - Cutoff Grade: 0.28 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The updated MRE shows a substantial Indicated resource for the open pit, contributing to the overall resource growth. - Positive factor: Significant Indicated resource tonnage for open pit - Positive factor: Open Pit M&I resources increased by 25% vs. 2025 Report Evidence · table > 0.87 Context: 71,923 #### 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-4) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:93f0cd25dd66941c077d - Deposit or zone: Open Pit #### Resource Data - Category: inferred - Tonnes: 3988000 - Grade: 0.57 - Grade Unit: g/t - Contained Metal: 73 - Contained Unit: koz au - Cutoff Grade: 0.28 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The open pit inferred resource is relatively small and saw a decrease compared to the previous estimate. - Negative factor: Open Pit Inferred resources decreased by 17% vs. 2025 Report Evidence · table > 0.57 Context: 3,988 #### 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-5) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:28e0445e7bb0974c709f - Deposit or zone: Underground \(ex. Interlake\) #### Resource Data - Category: measured - Tonnes: 5095000 - Grade: 3.4 - Grade Unit: g/t - Contained Metal: 557 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This Measured resource provides a high-confidence base for underground operations. - Positive factor: High confidence Measured resource with good grade for underground mining Evidence · table > 3.40 Context: 5,095 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-6) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:a59fdd4a343c569e5858 - Deposit or zone: Underground \(ex. Interlake\) #### Resource Data - Category: indicated - Tonnes: 13676000 - Grade: 3.42 - Grade Unit: g/t - Contained Metal: 1502 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This Indicated resource adds significant confidence and scale to the underground potential. - Positive factor: Substantial Indicated resource with good grade for underground mining Evidence · table > 3.42 Context: 13,676 #### 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-7) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:0dc50af6b6af5115d3a7 - Deposit or zone: Underground \(ex. Interlake\) #### Resource Data - Category: inferred - Tonnes: 5810000 - Grade: 2.81 - Grade Unit: g/t - Contained Metal: 525 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: This Inferred resource provides future exploration and conversion potential for underground operations. - Positive factor: Underground Inferred resources increased by 48% vs. 2025 Report Evidence · table > 2.81 Context: 5,810 #### 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-8) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:82badedcd88d8e7fe782 - Deposit or zone: Interlake Claims #### Resource Data - Category: measured - Tonnes: 2085000 - Grade: 4.1 - Grade Unit: g/t - Contained Metal: 275 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The Interlake Claims contribute high-grade Measured resources, enhancing overall confidence. - Positive factor: High-grade Measured resource for Interlake Claims Evidence · table > 4.10 Context: 2,085 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-9) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:49d42e1433bd596bdc1e - Deposit or zone: Interlake Claims #### Resource Data - Category: indicated - Tonnes: 4087000 - Grade: 3.8 - Grade Unit: g/t - Contained Metal: 499 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The Interlake Claims contribute high-grade Indicated resources, adding to the overall resource base. - Positive factor: High-grade Indicated resource for Interlake Claims Evidence · table > 3.80 Context: 4,087 #### 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-10) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:add2d3489b7a50889bd8 - Deposit or zone: Interlake Claims #### Resource Data - Category: inferred - Tonnes: 2330000 - Grade: 3.58 - Grade Unit: g/t - Contained Metal: 268 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The Interlake Claims contribute high-grade Inferred resources, providing future potential. - Positive factor: Good grade for Inferred resource at Interlake Claims Evidence · table > 3.58 Context: 2,330 #### 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-11) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:4c299ca15c4d4a78719f - Deposit or zone: Total Underground #### Resource Data - Category: measured - Tonnes: 7180000 - Grade: 3.6 - Grade Unit: g/t - Contained Metal: 832 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The total underground Measured resource provides a strong, high-confidence base for future mining. - Positive factor: Substantial Measured resource for total underground operations Evidence · table > 3.60 Context: 7,180 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-12) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:39b53c0278504820b525 - Deposit or zone: Total Underground #### Resource Data - Category: indicated - Tonnes: 17763000 - Grade: 3.5 - Grade Unit: g/t - Contained Metal: 2000 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The total underground Indicated resource adds substantial scale and confidence to the project. - Positive factor: Significant Indicated resource for total underground operations - Positive factor: Underground M&I resources increased by 40% vs. 2025 Report Evidence · table > 3.50 Context: 17,763 #### 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-13) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:a7fe0059fc75dfe9cab3 - Deposit or zone: Total Underground #### Resource Data - Category: inferred - Tonnes: 8140000 - Grade: 3.03 - Grade Unit: g/t - Contained Metal: 793 - Contained Unit: koz au - Cutoff Grade: 1.8 - Cutoff Unit: g/t #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The total underground Inferred resource provides substantial future exploration and conversion potential. - Positive factor: Significant Inferred resource for total underground operations Evidence · table > 3.03 Context: 8,140 #### 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-14) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:4f0b06be5048b9f92854 - Deposit or zone: Total #### Resource Data - Category: measured - Tonnes: 7180000 - Grade: 3.6 - Grade Unit: g/t - Contained Metal: 832 - Contained Unit: koz au #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The total Measured resource provides a strong, high-confidence foundation for the project. - Positive factor: High confidence Measured resource contributing to overall resource base Evidence · table > 3.60 Context: 7,180 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-15) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:77291afd6cbd0e77548f - Deposit or zone: Total #### Resource Data - Category: indicated - Tonnes: 89686000 - Grade: 1.39 - Grade Unit: g/t - Contained Metal: 4009 - Contained Unit: koz au #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The total Indicated resource represents a significant and confident resource base for the project. - Positive factor: Very large Indicated resource base - Positive factor: Total M&I Mineral Resources increased by 34% or 1.2 Moz gold vs. 2025 Report Evidence · table > 1.39 Context: 89,686 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-16) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:18ea57c3e4394794da48 - Deposit or zone: Total #### Resource Data - Category: inferred - Tonnes: 12128000 - Grade: 2.22 - Grade Unit: g/t - Contained Metal: 866 - Contained Unit: koz au #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The total Inferred resource provides substantial future exploration and conversion potential for the project. - Positive factor: Significant Inferred resource base - Positive factor: Total Inferred Mineral Resources increased by 39% or 242,000 oz vs. 2025 Report Evidence · table > 2.22 Context: 12,128 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-17) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:0896b1d665af529a2df2 - Deposit or zone: Total Attributable - Resource basis: attributable #### Resource Data - Category: measured - Tonnes: 6137000 - Grade: 3.52 - Grade Unit: g/t - Contained Metal: 694 - Contained Unit: koz au #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The attributable Measured resource provides a strong, high-confidence foundation for the company's share of the project. - Positive factor: High confidence attributable Measured resource Evidence · table > 3.52 Context: 6,137 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-18) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:a6df4340b873c0c48e17 - Deposit or zone: Total Attributable - Resource basis: attributable #### Resource Data - Category: indicated - Tonnes: 87643000 - Grade: 1.33 - Grade Unit: g/t - Contained Metal: 3760 - Contained Unit: koz au #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The attributable Indicated resource represents a significant and confident resource base for the company's share of the project. - Positive factor: Very large attributable Indicated resource base Evidence · table > 1.33 Context: 87,643 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/hemlo-mining-corp-reports-second-quarter-2026-financial-and-operating-results--d64ceb15-314c-47a1-9b63-58fa4358befc#fact-resource-facts-19) Hemlo Mine · gold #### Identity - Project: Hemlo Mine - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: HMMC #### Resource scope - Estimate type: resource - Effective date: 2025-12-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr. Brian Hartman - Resource group id: resource:96fd8b93118f6e8395f3 - Deposit or zone: Total Attributable - Resource basis: attributable #### Resource Data - Category: inferred - Tonnes: 10963000 - Grade: 2.08 - Grade Unit: g/t - Contained Metal: 732 - Contained Unit: koz au #### Prior Estimate - Resource Date: 2025-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-11T00:00:00.000Z Reasoning: The attributable Inferred resource provides substantial future exploration and conversion potential for the company's share of the project. - Positive factor: Significant attributable Inferred resource base Evidence · table > 2.08 Context: 10,963 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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 ## 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.