# IEMR Announces 43-101 Resources Estimate For Pine Tree Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e Original source: https://money.tmx.com/en/quote/IRI/news/42552354/iemr-announces-43-101-resources-estimate-for-pine-tree Publisher: tmx Original announcement: 2012-02-15T14:07:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: IEMR Resources Inc. - Ticker: IRI - Exchange: TSX - Region: Nevada - Primary commodity: Molybdenum - Secondary commodities: Copper, Silver - Document categories: Resource update - Extracted: 2026-09-14 07:08:39 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary IEMR Resources Inc. has announced a new NI 43-101 compliant mineral resource estimate for the Pine Tree porphyry molybdenum-copper-silver deposit in Nevada. The estimate includes an Indicated resource of 241.3 million tons at a $5.00 GMV cutoff and an Inferred resource of 295.7 million tons. The report highlights a high-grade molybdenum zone and significant potential for low strip ratio open-pit mining. Reasoning: Maiden 43-101 compliant resource estimate for a large porphyry deposit with significant molybdenum, copper, and silver content. - Positive factor: Large scale resource tonnage - Positive factor: High grade Mo zone identified - Positive factor: NI 43-101 compliant - Positive factor: Low strip ratio potential - Negative factor: Metallurgical recoveries assumed at 100% - Negative factor: Inferred component is significant Facts used in scoring: 6 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is explicitly stated as NI 43-101 compliant. Evidence · text > new 43-101 compliant independent mineral resource estimate **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Shaun M. Dykes, P.Geo, is named as the designated qualified person. Evidence · text > Mr. Shaun M. Dykes, M.Sc. \(Eng\), P.Geo... is the designated qualified person **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the resource is in the Inferred category. Evidence · table > 591.4 Context: 295.7 ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Resource Estimates (6) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e#fact-resource-facts-0) Pine Tree · copper #### Identity - Project: Pine Tree - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: IRI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Shaun M. Dykes, Gary Giroux - Resource group id: resource:cf546f8e4a09045d87da - Deposit or zone: Pine Tree - Mining method: combined - Material type: unknown - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 241280000 - Grade: 0.09 - Grade Unit: % - Contained Metal: 434.3 - Contained Unit: million pounds cu - Cutoff Grade: 5 - Cutoff Unit: $5.00 GMV #### Prior Estimate - Resource Date: 2012-02-14 #### Metal Equivalent - Metal Eq. Grade: 0.39 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2012-02-15T00:00:00.000Z Reasoning: Indicated copper resource at $5 GMV cutoff. - Positive factor: Large tonnage Evidence · table > 434.3 Context: 591.4 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e#fact-resource-facts-1) Pine Tree · molybdenum #### Identity - Project: Pine Tree - Commodity: molybdenum - Region: usa\_nv - Reported Region: Nevada - Ticker: IRI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Shaun M. Dykes, Gary Giroux - Resource group id: resource:cf546f8e4a09045d87da - Deposit or zone: Pine Tree - Mining method: combined - Material type: unknown - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 241280000 - Grade: 0.09 - Grade Unit: % - Contained Metal: 173.6 - Contained Unit: million pounds moo3 - Cutoff Grade: 5 - Cutoff Unit: $5.00 GMV #### Prior Estimate - Resource Date: 2012-02-14 #### Metal Equivalent - Metal Eq. Grade: 0.39 - Metal Eq. Unit: % MoS2 Eq. - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2012-02-15T00:00:00.000Z Reasoning: Indicated molybdenum resource at $5 GMV cutoff. - Positive factor: Large tonnage Evidence · table > 173.6 Context: 434.3 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e#fact-resource-facts-2) Pine Tree · silver #### Identity - Project: Pine Tree - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: IRI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Shaun M. Dykes, Gary Giroux - Resource group id: resource:cf546f8e4a09045d87da - Deposit or zone: Pine Tree - Mining method: combined - Material type: unknown - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 241280000 - Grade: 2.61 - Grade Unit: ppm - Contained Metal: 11.2 - Contained Unit: million ounces ag - Cutoff Grade: 5 - Cutoff Unit: $5.00 GMV #### Prior Estimate - Resource Date: 2012-02-14 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2012-02-15T00:00:00.000Z Reasoning: Indicated silver resource at $5 GMV cutoff. Evidence · table > 11.2 Context: 434.3 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e#fact-resource-facts-3) Pine Tree · copper #### Identity - Project: Pine Tree - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: IRI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Shaun M. Dykes, Gary Giroux - Resource group id: resource:36de8b3f90ffb66fc149 - Deposit or zone: Pine Tree - Mining method: combined - Material type: unknown - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 295710000 - Grade: 0.1 - Grade Unit: % - Contained Metal: 591.4 - Contained Unit: million pounds cu - Cutoff Grade: 5 - Cutoff Unit: $5.00 GMV #### Prior Estimate - Resource Date: 2012-02-14 #### Metal Equivalent - Metal Eq. Grade: 0.29 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2012-02-15T00:00:00.000Z Reasoning: Inferred copper resource at $5 GMV cutoff. - Negative factor: Inferred category Evidence · table > 591.4 Context: 295.7 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e#fact-resource-facts-4) Pine Tree · molybdenum #### Identity - Project: Pine Tree - Commodity: molybdenum - Region: usa\_nv - Reported Region: Nevada - Ticker: IRI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Shaun M. Dykes, Gary Giroux - Resource group id: resource:36de8b3f90ffb66fc149 - Deposit or zone: Pine Tree - Mining method: combined - Material type: unknown - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 295710000 - Grade: 0.1 - Grade Unit: % - Contained Metal: 111.7 - Contained Unit: million pounds moo3 - Cutoff Grade: 5 - Cutoff Unit: $5.00 GMV #### Prior Estimate - Resource Date: 2012-02-14 #### Metal Equivalent - Metal Eq. Grade: 0.29 - Metal Eq. Unit: % MoS2 Eq. - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2012-02-15T00:00:00.000Z Reasoning: Inferred molybdenum resource at $5 GMV cutoff. - Negative factor: Inferred category Evidence · table > 111.7 Context: 295.7 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/iemr-announces-43-101-resources-estimate-for-pine-tree--9a8b644e-0fc9-4648-b330-4bc537eb748e#fact-resource-facts-5) Pine Tree · silver #### Identity - Project: Pine Tree - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: IRI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Shaun M. Dykes, Gary Giroux - Resource group id: resource:36de8b3f90ffb66fc149 - Deposit or zone: Pine Tree - Mining method: combined - Material type: unknown - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 295710000 - Grade: 3.71 - Grade Unit: ppm - Contained Metal: 17.4 - Contained Unit: million ounces ag - Cutoff Grade: 5 - Cutoff Unit: $5.00 GMV #### Prior Estimate - Resource Date: 2012-02-14 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2012-02-15T00:00:00.000Z Reasoning: Inferred silver resource at $5 GMV cutoff. - Negative factor: Inferred category Evidence · table > 17.4 Context: 295.7 #### 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 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.