# Laramide Announces Filing of NI 43-101 Technical Report for Increased Mineral Resource Estimate at Westmoreland Uranium Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/laramide-announces-filing-of-ni-43-101-technical-report-for-increased-mineral-re--4f1e5612-bb9e-4b57-bdbb-519a6e95f171 Original source: https://money.tmx.com/en/quote/LAM/news/4601301321091936/laramide-announces-filing-of-ni-43-101-technical-report-for-increased-mineral-re Publisher: tmx Original announcement: 2025-04-14T19:27:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Laramide Resources Ltd. - Ticker: LAM - Exchange: TSX - Region: Queensland, Australia - Primary commodity: Uranium - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-09-18 07:07:55 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Laramide Resources has filed an NI 43-101 technical report providing an updated Mineral Resource Estimate for the Westmoreland Uranium Project in Queensland, Australia. The update includes an Indicated Resource of 27.8 Mt at 770 ppm U3O8 and an Inferred Resource of 11.8 Mt at 680 ppm U3O8. Reasoning: The update reports a substantial uranium resource with a high proportion of Indicated material, though it is a restatement of results previously disclosed in February 2025. - Positive factor: Significant Indicated resource reported - Positive factor: Expansion of resource via new Long Pocket deposit - Positive factor: High M&I ratio \(70%\) Facts used in scoring: 2 ## Classification and evidence **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The report specifies 27.8 million tonnes of Indicated Resource. Evidence · text > total Indicated Resource of 27.8 million tonnes **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The report specifies 11.8 million tonnes of Inferred Resource. Evidence · text > total Inferred Resource of approximately 11.8 million tonnes **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical report is explicitly stated to be NI 43-101 compliant. Evidence · text > NI 43-101 – Standards of Disclosure for Mineral Projects \("NI 43-101"\) compliant, independent technical 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: Mr. R. J. Siddle is named as the independent Qualified Person/Competent Person. Evidence · text > reviewed by Mr. R. J. Siddle, MSc, MAIG Principal Resource Geologist for Addison Mining Services Ltd. **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The announcement is an update to the Mineral Resource Estimate. Evidence · text > An update to the Mineral Resource Estimate for the Westmoreland Uranium Project ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/laramide-announces-filing-of-ni-43-101-technical-report-for-increased-mineral-re--4f1e5612-bb9e-4b57-bdbb-519a6e95f171#fact-resource-facts-0) Westmoreland Uranium Project · uranium #### Identity - Project: Westmoreland Uranium Project - Commodity: uranium - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: LAM #### Resource scope - Estimate type: resource - Effective date: 2025-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101, jorc - QP Signed: Yes - Qualified person names: R. J. Siddle - Resource group id: resource:944cf1845e6a6d0c07a9 #### Resource Data - Category: indicated - Tonnes: 27800000 - Grade: 770 - Grade Unit: ppm - Contained Metal: 48.1 - Contained Unit: mlbs. #### Prior Estimate - Resource Date: 2025-01-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-04-14T00:00:00.000Z Reasoning: Strong Indicated resource component. - Positive factor: High grade for uranium - Positive factor: Large tonnage Evidence · text > total Indicated Resource of 27.8 million tonnes at an average grade of 770 ppm for 48.1 MLbs. of U 3 O 8 #### 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/laramide-announces-filing-of-ni-43-101-technical-report-for-increased-mineral-re--4f1e5612-bb9e-4b57-bdbb-519a6e95f171#fact-resource-facts-1) Westmoreland Uranium Project · uranium #### Identity - Project: Westmoreland Uranium Project - Commodity: uranium - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: LAM #### Resource scope - Estimate type: resource - Effective date: 2025-01-31T00:00:00.000Z - Reporting standards: ni\_43\_101, jorc - QP Signed: Yes - Qualified person names: R. J. Siddle - Resource group id: resource:9ef3d1538844b7a2c519 #### Resource Data - Category: inferred - Tonnes: 11800000 - Grade: 680 - Grade Unit: ppm - Contained Metal: 17.7 - Contained Unit: million contained lbs. of u 3 o 8 #### Prior Estimate - Resource Date: 2025-01-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-04-14T00:00:00.000Z Reasoning: Standard inferred resource component. - Positive factor: Significant inferred tonnage - Negative factor: Inferred category carries higher geological risk Evidence · text > total Inferred Resource of approximately 11.8 million tonnes at an average grade of 680 ppm U 3 O 8 for 17.7 million contained Lbs. of U 3 O 8 #### 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ## 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.