# Minsud Announces Maiden Mineral Resource Estimate for the Chinchillones Complex at the Chita Valley Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a Original source: https://money.tmx.com/en/quote/MSR/news/7281158224540191/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex- Publisher: tmx Original announcement: 2025-01-17T22:27:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Minsud Resources Corp. - Ticker: MSR - Exchange: TSX - Region: San Juan Province, Argentina - Primary commodity: Copper - Secondary commodities: Gold, Silver, Molybdenum, Zinc - Document categories: Resource update, Metallurgy - Extracted: 2026-09-18 11:16:19 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Minsud Resources Corp. has announced a maiden Mineral Resource Estimate for the Chinchillones Complex at its Chita Valley Project in Argentina. The estimate totals 761 Mt \(188 Mt Indicated, 573 Mt Inferred\) containing 1,710 kt CuEq, with primary contributors being copper, silver, and gold. While the resource is suitable for open-pit mining, metallurgical testing highlighted arsenic challenges in concentrates. Reasoning: The announcement of a maiden resource of 761Mt is a major milestone, though the high proportion of Inferred material and metallurgical arsenic risks warrant caution. - Positive factor: Maiden resource estimate established - Positive factor: Significant tonnage \(761Mt total\) - Positive factor: Suitable for open-pit mining - Positive factor: Strong primary metal contributors \(Cu, Ag, Au\) - Negative factor: High arsenic content in concentrates noted - Negative factor: High zinc domains show lower copper recoveries - Negative factor: Significant Inferred component \(75% of total tonnage\) Facts used in scoring: 34 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: First formal MRE for the Chinchillones Complex. Evidence · text > completion of a maiden, pit-constrained Mineral Resource Estimate **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A large portion of the resource is in the Inferred category. Evidence · text > Inferred Resources: 573Mt **Deleterious Elements Present** Polarity: negative Story-specific tag Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent. Why it applies: Arsenic content in concentrates is noted as a significant challenge. Evidence · text > significant challenges with arsenic \(As\) content in concentrates \(averaging 7%\) **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions field duplicates, standards, and blanks were included. Evidence · text > Field duplicates, standards and blanks were included with all sample shipments **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. Mike Job is named as the Qualified Person overseeing the estimate. Evidence · text > As a Qualified Person \(QP\) under NI 43-101 standards, Mr. Job oversaw all aspects **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 34. Some facts used in scoring do not have a stored record. ## Resource Estimates (33) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-0) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3bbd65b3a4f3a1a9ca5a - Deposit or zone: Chinchillones Complex - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147000000 - Grade: 0.27 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. Evidence · table > 0.27 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-1) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3bbd65b3a4f3a1a9ca5a - Deposit or zone: Chinchillones Complex - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147000000 - Grade: 0.11 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated gold grade for Low Zinc domain. Evidence · table > 0.11 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-2) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3bbd65b3a4f3a1a9ca5a - Deposit or zone: Chinchillones Complex - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147000000 - Grade: 8.7 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated silver grade for Low Zinc domain. Evidence · table > 8.7 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-3) Chinchillones Complex · molybdenum #### Identity - Project: Chinchillones Complex - Commodity: molybdenum - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3bbd65b3a4f3a1a9ca5a - Deposit or zone: Chinchillones Complex - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147000000 - Grade: 46 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated molybdenum grade for Low Zinc domain. Evidence · table > 46 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-4) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:103d4e1b5ff1390138f6 - Deposit or zone: Chinchillones Complex - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 188000000 #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Total Indicated copper equivalent grade. Evidence · table > 0.41 Context: 188 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-6) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:7b2e322e2a8df632e1cb - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147 - Grade: 0.27 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.27 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-7) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:7b2e322e2a8df632e1cb - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147 - Grade: 0.11 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.11 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-8) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:7b2e322e2a8df632e1cb - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147 - Grade: 8.7 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 8.7 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-9) Chinchillones Complex · molybdenum #### Identity - Project: Chinchillones Complex - Commodity: molybdenum - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:7b2e322e2a8df632e1cb - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 147 - Grade: 46 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 46 Context: 147 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-10) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f918b7c253af6d1ac993 - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 494 - Grade: 0.22 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.22 Context: 494 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-11) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f918b7c253af6d1ac993 - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 494 - Grade: 0.09 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.09 Context: 494 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-12) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f918b7c253af6d1ac993 - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 494 - Grade: 7.8 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 7.8 Context: 494 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-13) Chinchillones Complex · molybdenum #### Identity - Project: Chinchillones Complex - Commodity: molybdenum - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f918b7c253af6d1ac993 - Deposit or zone: Low Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 494 - Grade: 108 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.31 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 108 Context: 494 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-14) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3533774f7ea8b9fefab6 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 41 - Grade: 0.18 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.61 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.18 Context: 41 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-15) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3533774f7ea8b9fefab6 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 41 - Grade: 0.13 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.61 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.13 Context: 41 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-16) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3533774f7ea8b9fefab6 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 41 - Grade: 17.6 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.61 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 17.6 Context: 41 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-17) Chinchillones Complex · zinc #### Identity - Project: Chinchillones Complex - Commodity: zinc - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:3533774f7ea8b9fefab6 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 41 - Grade: 0.72 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.61 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.72 Context: 41 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-18) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:a92657ae5003334b1a47 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 79 - Grade: 0.21 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.63 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.21 Context: 79 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-19) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:a92657ae5003334b1a47 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 79 - Grade: 0.1 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.63 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.1 Context: 79 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-20) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:a92657ae5003334b1a47 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 79 - Grade: 16.5 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.63 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 16.5 Context: 79 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-21) Chinchillones Complex · zinc #### Identity - Project: Chinchillones Complex - Commodity: zinc - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:a92657ae5003334b1a47 - Deposit or zone: High Zinc - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 79 - Grade: 0.78 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.63 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.78 Context: 79 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-22) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:958860b270e8e93765c0 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 188 - Grade: 0.25 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.25 Context: 188 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-23) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:958860b270e8e93765c0 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 188 - Grade: 0.11 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.11 Context: 188 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-24) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:958860b270e8e93765c0 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 188 - Grade: 10.6 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 10.6 Context: 188 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-25) Chinchillones Complex · molybdenum #### Identity - Project: Chinchillones Complex - Commodity: molybdenum - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:958860b270e8e93765c0 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 188 - Grade: 36 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 36 Context: 188 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-26) Chinchillones Complex · zinc #### Identity - Project: Chinchillones Complex - Commodity: zinc - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:958860b270e8e93765c0 - Mining method: open\_pit #### Resource Data - Category: indicated - Tonnes: 188 - Grade: 0.16 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.41 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.16 Context: 188 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-27) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f5d53c63224f1ff7c444 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 573 - Grade: 0.22 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.22 Context: 573 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-28) Chinchillones Complex · gold #### Identity - Project: Chinchillones Complex - Commodity: gold - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f5d53c63224f1ff7c444 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 573 - Grade: 0.09 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.09 Context: 573 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-29) Chinchillones Complex · silver #### Identity - Project: Chinchillones Complex - Commodity: silver - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f5d53c63224f1ff7c444 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 573 - Grade: 9 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 9.0 Context: 573 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-30) Chinchillones Complex · molybdenum #### Identity - Project: Chinchillones Complex - Commodity: molybdenum - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f5d53c63224f1ff7c444 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 573 - Grade: 93 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 93 Context: 573 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-31) Chinchillones Complex · zinc #### Identity - Project: Chinchillones Complex - Commodity: zinc - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Resource scope - Estimate type: resource - Effective date: 2025-01-15T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mike Job - Resource group id: resource:f5d53c63224f1ff7c444 - Mining method: open\_pit #### Resource Data - Category: inferred - Tonnes: 573 - Grade: 0.11 - Grade Unit: % #### Prior Estimate - Resource Date: 2025-01-15 #### Metal Equivalent - Metal Eq. Grade: 0.36 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Indicated copper grade for Low Zinc domain. \(Expanded from multi-commodity resource table for completeness.\) Evidence · table > 0.11 Context: 573 #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-32) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Ticker: MSR #### Resource Data - Category: indicated - Tonnes: 188000000 - Grade: 0.41 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: The announcement of a maiden resource of 761Mt is a major milestone, though the high proportion of Inferred material and metallurgical arsenic risks warrant caution. - Positive factor: Maiden resource estimate established - Positive factor: Significant tonnage \(761Mt total\) - Positive factor: Suitable for open-pit mining - Positive factor: Strong primary metal contributors \(Cu, Ag, Au\) - Negative factor: High arsenic content in concentrates noted - Negative factor: High zinc domains show lower copper recoveries - Negative factor: Significant Inferred component \(75% of total tonnage\) Evidence · text > Indicated Resources: 188Mt at 0.41% Cu #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-resource-facts-33) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Ticker: MSR #### Resource Data - Category: inferred - Tonnes: 573000000 - Grade: 0.36 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: The announcement of a maiden resource of 761Mt is a major milestone, though the high proportion of Inferred material and metallurgical arsenic risks warrant caution. - Positive factor: Maiden resource estimate established - Positive factor: Significant tonnage \(761Mt total\) - Positive factor: Suitable for open-pit mining - Positive factor: Strong primary metal contributors \(Cu, Ag, Au\) - Negative factor: High arsenic content in concentrates noted - Negative factor: High zinc domains show lower copper recoveries - Negative factor: Significant Inferred component \(75% of total tonnage\) Evidence · text > Inferred Resources: 573Mt at 0.36% Cu #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## Metallurgical Results (1) ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/minsud-announces-maiden-mineral-resource-estimate-for-the-chinchillones-complex--91d2635c-e97b-48a3-9b31-1952e7d84f2a#fact-metallurgical-facts-5) Chinchillones Complex · copper #### Identity - Project: Chinchillones Complex - Commodity: copper - Region: argentina - Reported Region: San Juan Province, Argentina - Ticker: MSR #### Test Work - Program Status: detailed - Test Type: flotation - Processing Route: flotation - Sample: High zinc domain composite #### Recovery - Recovery: 60 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-01-17T00:00:00.000Z Reasoning: Lower copper recovery in high zinc domain. - Negative factor: Low recovery compared to low zinc domain Evidence · text > Metallurgical recoveries for the high zinc domain are 60% Cu #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **Low Recovery** Polarity: negative Definition: Recovery below the weak band for the commodity and processing route. Why it applies: 60% is below the weak band \(80%\) ## 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.