Northisle Announces Significant Increase to North Island Resource Estimate

Original announcement by tmx on

Company
Northisle Copper and Gold Inc.
Ticker
NCX
Exchange
TSX
Region
Unavailable
Primary commodity
Copper
Secondary commodities
Gold, Molybdenum, Rhenium
Document categories
Resource update
Extracted
2026-09-12 14:30:25 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Northisle Copper and Gold Inc. announced a significant update to its integrated North Island Project resource estimate, reporting a 36% increase in Indicated Resources to 1.2 billion tonnes. This update resulted in a 60% increase in contained copper equivalent metal and substantial growth in contained gold, copper, molybdenum, and rhenium. The NI 43-101 compliant estimate, with an effective date of July 31, 2026, will be used for the ongoing pre-feasibility study, which is targeted for completion in Q1 2027.

Reasoning: The integrated resource estimate shows significant increases in Indicated tonnage and contained metal for copper, gold, molybdenum, and rhenium, with a high M&I percentage, supporting the ongoing pre-feasibility study.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade
  • QP/CP Signed
  • NI 43-101 Compliant
  • Cut-off Disclosed
  • PFS-Supporting

Facts used in scoring: 157

Classification and evidence

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports a significant Indicated Resource of 1.2 billion tonnes, representing a high level of geological confidence.

Evidence · text

“The 2026 Resource Estimate contains an Indicated Resource of 1.2 billion tonnes”

Category Upgradepositive

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The company successfully converted Inferred material to Indicated at Northwest Expo, increasing Indicated tonnage by 133%.

Evidence · text

“At Northwest Expo, we successfully converted Inferred material, increasing Indicated tonnage by 133%”

Tonnage Growthpositive

Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: Indicated Resources increased by 330 million tonnes, a 36% increase, compared to the prior estimate.

Evidence · text

“Increased Indicated Resources by 330 million tonnes (+36%)”

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Contained copper equivalent metal in Indicated Resources increased by 60%, with contained gold up 81%, copper up 84%, molybdenum up 46%, and rhenium up 43%.

Evidence · text

“60% increase in contained Cu Eq. metal in Indicated Resources”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Sue Bird, P.Eng., and Peter Mehrfert, P.Eng., both Qualified Persons as defined by NI 43-101, reviewed and approved the technical disclosure.

Evidence · text

“Sue Bird, P. Eng, V.P. of MMTS, and a Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical disclosure... Peter Mehrfert, P.Eng., (Ausenco) reviewed and verified... Mr. Mehrfert is a Qualified Person under NI 43-101.”

NI 43-101 Compliantpositive

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

Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101.

Evidence · text

“A technical report (the “Technical Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”)”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The resource estimate clearly states an $11.00/tonne NSR cut-off.

Evidence · text

“at an $11.00/tonne NSR cut-off”

Inferred Resourcenegative

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

Why it applies: The estimate includes a significant Inferred Resource of 260 million tonnes, which is a speculative category.

Evidence · text

“plus an Inferred Resource of 260 million tonnes”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document announces an integrated mineral resource estimate for the North Island Project, updating previous estimates.

Evidence · text

“Northisle Announces Significant Increase to North Island Resource Estimate”

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The 2026 Resource Estimate will be used for the development of a pre-feasibility study (PFS) on the North Island Project.

Evidence · text

“The 2026 Resource Estimate will be used for the development of a pre-feasibility study (“PFS”) on the North Island Project”

Extracted facts

Stored fact records: 157. Some facts used in scoring do not have a stored record.

Resource Estimates (157)

indicatedNorth Island Project · copperTonnes: 105156000Contained Metal: 1823Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a80a91f7f89bc636b7f1
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156000
Contained Metal
1823
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated copper equivalent resource for Northwest Expo at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“0.79”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 105156000Contained Metal: 1959Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a80a91f7f89bc636b7f1
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156000
Contained Metal
1959
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated gold equivalent resource for Northwest Expo at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“0.58”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 105156000Grade: 89.2Grade Unit: ppmContained Metal: 21Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a80a91f7f89bc636b7f1
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156000
Grade
89.2
Grade Unit
ppm
Contained Metal
21
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated molybdenum resource for Northwest Expo at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“89.2”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 105156000Grade: 0.35Grade Unit: ppmContained Metal: 81Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a80a91f7f89bc636b7f1
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156000
Grade
0.35
Grade Unit
ppm
Contained Metal
81
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated rhenium resource for Northwest Expo at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“0.35”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 90463000Contained Metal: 845Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:def6d7ec5e280ea06209
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463000
Contained Metal
845
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.42
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated copper equivalent resource for Red Dog at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.42”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 90463000Contained Metal: 1181Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:def6d7ec5e280ea06209
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463000
Contained Metal
1181
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.41
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated gold equivalent resource for Red Dog at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.41”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 90463000Grade: 32.6Grade Unit: ppmContained Metal: 7Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:def6d7ec5e280ea06209
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463000
Grade
32.6
Grade Unit
ppm
Contained Metal
7
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated molybdenum resource for Red Dog at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“32.6”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 90463000Grade: 0.2Grade Unit: ppmContained Metal: 40Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:def6d7ec5e280ea06209
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463000
Grade
0.2
Grade Unit
ppm
Contained Metal
40
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated rhenium resource for Red Dog at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.20”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 113070000Contained Metal: 873Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:1a1a3dc5a468227e1ce7
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070000
Contained Metal
873
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.35
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated copper equivalent resource for West Goodspeed at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.35”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 113070000Contained Metal: 1166Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:1a1a3dc5a468227e1ce7
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070000
Contained Metal
1166
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated gold equivalent resource for West Goodspeed at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.32”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 113070000Grade: 61.2Grade Unit: ppmContained Metal: 15Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:1a1a3dc5a468227e1ce7
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070000
Grade
61.2
Grade Unit
ppm
Contained Metal
15
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated molybdenum resource for West Goodspeed at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“61.2”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 113070000Grade: 0.4Grade Unit: ppmContained Metal: 99Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:1a1a3dc5a468227e1ce7
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070000
Grade
0.4
Grade Unit
ppm
Contained Metal
99
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated rhenium resource for West Goodspeed at the stated cut-off, contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.40”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 927672000Contained Metal: 6604Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:b15a6d31733fa8bc3f3d
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672000
Contained Metal
6604
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large indicated copper equivalent resource for Hushamu at the stated cut-off, significantly contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.32”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 927672000Contained Metal: 11862Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:b15a6d31733fa8bc3f3d
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672000
Contained Metal
11862
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.4
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large indicated gold equivalent resource for Hushamu at the stated cut-off, significantly contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.40”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 927672000Grade: 85.2Grade Unit: ppmContained Metal: 174Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:b15a6d31733fa8bc3f3d
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672000
Grade
85.2
Grade Unit
ppm
Contained Metal
174
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large indicated molybdenum resource for Hushamu at the stated cut-off, significantly contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“85.2”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 927672000Grade: 0.48Grade Unit: ppmContained Metal: 988Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:b15a6d31733fa8bc3f3d
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672000
Grade
0.48
Grade Unit
ppm
Contained Metal
988
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large indicated rhenium resource for Hushamu at the stated cut-off, significantly contributing to the overall project increase.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth

Evidence · table

“0.48”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 1236361000Contained Metal: 10145Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d2aed82e387fbc5adee1
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1236361000
Contained Metal
10145
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.37
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total indicated copper equivalent resource for the integrated project shows significant growth and high confidence.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“0.37”

Context: 1,236,361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 1236361000Contained Metal: 16168Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d2aed82e387fbc5adee1
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1236361000
Contained Metal
16168
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.41
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total indicated gold equivalent resource for the integrated project shows significant growth and high confidence.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“0.41”

Context: 1,236,361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 1236361000Grade: 79.5Grade Unit: ppmContained Metal: 217Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d2aed82e387fbc5adee1
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1236361000
Grade
79.5
Grade Unit
ppm
Contained Metal
217
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total indicated molybdenum resource for the integrated project shows significant growth and high confidence.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“79.5”

Context: 1,236,361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 1236361000Grade: 0.44Grade Unit: ppmContained Metal: 1209Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d2aed82e387fbc5adee1
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
1236361000
Grade
0.44
Grade Unit
ppm
Contained Metal
1209
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total indicated rhenium resource for the integrated project shows significant growth and high confidence.

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“0.44”

Context: 1,236,361

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 7395000Contained Metal: 72Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:796094cdf0a3ed6479d9
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395000
Contained Metal
72
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.44
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper equivalent resource for Northwest Expo at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.44”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 7395000Contained Metal: 72Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:796094cdf0a3ed6479d9
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395000
Contained Metal
72
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred gold equivalent resource for Northwest Expo at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.30”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 7395000Grade: 69.7Grade Unit: ppmContained Metal: 1Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:796094cdf0a3ed6479d9
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395000
Grade
69.7
Grade Unit
ppm
Contained Metal
1
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred molybdenum resource for Northwest Expo at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“69.7”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · rheniumTonnes: 7395000Grade: 0.28Grade Unit: ppmContained Metal: 5Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:796094cdf0a3ed6479d9
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395000
Grade
0.28
Grade Unit
ppm
Contained Metal
5
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred rhenium resource for Northwest Expo at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.28”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 3421000Contained Metal: 28Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:93cab5f25d0c13bdfef9
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421000
Contained Metal
28
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.37
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper equivalent resource for Red Dog at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.37”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 3421000Contained Metal: 39Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:93cab5f25d0c13bdfef9
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421000
Contained Metal
39
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.36
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred gold equivalent resource for Red Dog at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.36”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 3421000Grade: 31.6Grade Unit: ppmContained Metal: 0Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:93cab5f25d0c13bdfef9
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421000
Grade
31.6
Grade Unit
ppm
Contained Metal
0
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred molybdenum resource for Red Dog at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“31.6”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · rheniumTonnes: 3421000Grade: 0.22Grade Unit: ppmContained Metal: 2Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:93cab5f25d0c13bdfef9
Deposit or zone
Red Dog
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421000
Grade
0.22
Grade Unit
ppm
Contained Metal
2
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred rhenium resource for Red Dog at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.22”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 38991000Contained Metal: 243Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6f920ce13f2a5f61c80d
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991000
Contained Metal
243
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.28
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper equivalent resource for West Goodspeed at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.28”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 38991000Contained Metal: 323Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6f920ce13f2a5f61c80d
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991000
Contained Metal
323
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.26
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred gold equivalent resource for West Goodspeed at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.26”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 38991000Grade: 52.3Grade Unit: ppmContained Metal: 4Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6f920ce13f2a5f61c80d
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991000
Grade
52.3
Grade Unit
ppm
Contained Metal
4
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred molybdenum resource for West Goodspeed at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“52.3”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · rheniumTonnes: 38991000Grade: 0.38Grade Unit: ppmContained Metal: 32Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6f920ce13f2a5f61c80d
Deposit or zone
West Goodspeed
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991000
Grade
0.38
Grade Unit
ppm
Contained Metal
32
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred rhenium resource for West Goodspeed at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.38”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 210433000Contained Metal: 1174Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:725dff55cc73a6632d33
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433000
Contained Metal
1174
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.25
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large inferred copper equivalent resource for Hushamu at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.25”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 210433000Contained Metal: 2142Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:725dff55cc73a6632d33
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433000
Contained Metal
2142
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large inferred gold equivalent resource for Hushamu at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.32”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 210433000Grade: 64Grade Unit: ppmContained Metal: 30Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:725dff55cc73a6632d33
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433000
Grade
64
Grade Unit
ppm
Contained Metal
30
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large inferred molybdenum resource for Hushamu at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“64.0”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · rheniumTonnes: 210433000Grade: 0.38Grade Unit: ppmContained Metal: 176Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:725dff55cc73a6632d33
Deposit or zone
Hushamu
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433000
Grade
0.38
Grade Unit
ppm
Contained Metal
176
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Large inferred rhenium resource for Hushamu at the stated cut-off, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.38”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 260240000Contained Metal: 1517Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e0a3fa07397819a9ca3b
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
260240000
Contained Metal
1517
Contained Unit
mm lbs cu eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.26
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total inferred copper equivalent resource for the integrated project, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.26”

Context: 260,240

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 260240000Contained Metal: 2576Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e0a3fa07397819a9ca3b
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
260240000
Contained Metal
2576
Contained Unit
koz au eq.
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total inferred gold equivalent resource for the integrated project, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.31”

Context: 260,240

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 260240000Grade: 62Grade Unit: ppmContained Metal: 36Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e0a3fa07397819a9ca3b
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
260240000
Grade
62
Grade Unit
ppm
Contained Metal
36
Contained Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total inferred molybdenum resource for the integrated project, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“62.0”

Context: 260,240

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · rheniumTonnes: 260240000Grade: 0.37Grade Unit: ppmContained Metal: 214Contained Unit: klbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e0a3fa07397819a9ca3b
Deposit or zone
Total Integrated
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
260240000
Grade
0.37
Grade Unit
ppm
Contained Metal
214
Contained Unit
klbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Total inferred rhenium resource for the integrated project, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.37”

Context: 260,240

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 26579000Contained Metal: 361Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7c4c2022449fbff10172
Deposit or zone
Red Dog Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26579000
Contained Metal
361
Contained Unit
mm lbs cu eq.

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.62
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated copper equivalent resource for the shallow higher-grade core of Red Dog, expected for initial mining.

Evidence · table

“0.62”

Context: 26,579

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 26579000Contained Metal: 0Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7c4c2022449fbff10172
Deposit or zone
Red Dog Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26579000
Contained Metal
0
Contained Unit
koz au eq.

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.59
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated gold equivalent resource for the shallow higher-grade core of Red Dog, expected for initial mining.

Evidence · table

“0.59”

Context: 26,579

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 26579000Grade: 50.34Grade Unit: ppmView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7c4c2022449fbff10172
Deposit or zone
Red Dog Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26579000
Grade
50.34
Grade Unit
ppm

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated molybdenum resource for the shallow higher-grade core of Red Dog, expected for initial mining.

Evidence · table

“50.34”

Context: 26,579

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 26579000Grade: 0.3Grade Unit: ppmView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7c4c2022449fbff10172
Deposit or zone
Red Dog Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26579000
Grade
0.3
Grade Unit
ppm

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated rhenium resource for the shallow higher-grade core of Red Dog, expected for initial mining.

Evidence · table

“0.30”

Context: 26,579

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 96439000Contained Metal: 953Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:32246d674e1e084d817d
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
96439000
Contained Metal
953
Contained Unit
mm lbs cu eq.

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.45
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated copper equivalent resource for the shallow higher-grade core of Hushamu, expected for initial mining.

Evidence · table

“0.45”

Context: 96,439

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 96439000Contained Metal: 0Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:32246d674e1e084d817d
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
96439000
Contained Metal
0
Contained Unit
koz au eq.

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated gold equivalent resource for the shallow higher-grade core of Hushamu, expected for initial mining.

Evidence · table

“0.54”

Context: 96,439

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 96439000Grade: 79.22Grade Unit: ppmView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:32246d674e1e084d817d
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
96439000
Grade
79.22
Grade Unit
ppm

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated molybdenum resource for the shallow higher-grade core of Hushamu, expected for initial mining.

Evidence · table

“79.22”

Context: 96,439

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · rheniumTonnes: 96439000Grade: 0.44Grade Unit: ppmView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:32246d674e1e084d817d
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
96439000
Grade
0.44
Grade Unit
ppm

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Indicated rhenium resource for the shallow higher-grade core of Hushamu, expected for initial mining.

Evidence · table

“0.44”

Context: 96,439

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 2094000Grade: 0.16Grade Unit: %Contained Metal: 7Contained Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3556cde0fdcae722cc55
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094000
Grade
0.16
Grade Unit
%
Contained Metal
7
Contained Unit
mm lbs

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for the shallow higher-grade core of Hushamu, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.16”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 2094000Contained Metal: 0Contained Unit: koz au eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3556cde0fdcae722cc55
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094000
Contained Metal
0
Contained Unit
koz au eq.

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.49
Metal Eq. Unit
g/t Au Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred gold equivalent resource for the shallow higher-grade core of Hushamu, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.49”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 2094000Grade: 84.93Grade Unit: ppmView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3556cde0fdcae722cc55
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094000
Grade
84.93
Grade Unit
ppm

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred molybdenum resource for the shallow higher-grade core of Hushamu, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“84.93”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · rheniumTonnes: 2094000Grade: 0.65Grade Unit: ppmView all details
Link to this fact

Identity

Project
North Island Project
Commodity
rhenium
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3556cde0fdcae722cc55
Deposit or zone
Hushamu Shallow Higher-Grade Core
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094000
Grade
0.65
Grade Unit
ppm

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred rhenium resource for the shallow higher-grade core of Hushamu, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.65”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 2094000Contained Metal: 18Contained Unit: mm lbs cu eq.View all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d5fea60fa4d1464570a0
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094000
Contained Metal
18
Contained Unit
mm lbs cu eq.

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Metal Eq. Grade
0.4
Metal Eq. Unit
% Cu Eq.
Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper equivalent resource for the shallow higher-grade core of Hushamu, representing early-stage confidence.

Negative factors

  • Inferred Resource

Evidence · table

“0.40”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 106083Grade: 199Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d93810d2627ca13b4e23
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
106083
Grade
199
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“199”

Context: 106,083

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 106083Grade: 1692Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d93810d2627ca13b4e23
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
106083
Grade
1692
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“1,692”

Context: 106,083

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 106083Grade: 21Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d93810d2627ca13b4e23
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
106083
Grade
21
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“21”

Context: 106,083

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 7525Grade: 7Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:5003bd26fe181b9f1746
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7525
Grade
7
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“7”

Context: 7,525

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 7525Grade: 62Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:5003bd26fe181b9f1746
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7525
Grade
62
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“62”

Context: 7,525

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 7525Grade: 1Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:5003bd26fe181b9f1746
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7525
Grade
1
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“1”

Context: 7,525

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 105156Grade: 198Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:f31172b407d5c80abfd3
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156
Grade
198
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“198”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 105156Grade: 1690Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:f31172b407d5c80abfd3
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156
Grade
1690
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“1,690”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 105156Grade: 21Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:f31172b407d5c80abfd3
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
105156
Grade
21
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“21”

Context: 105,156

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 7395Grade: 7Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:17f660407967576a1446
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395
Grade
7
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“7”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 7395Grade: 62Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:17f660407967576a1446
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395
Grade
62
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“62”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 7395Grade: 1Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:17f660407967576a1446
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
7395
Grade
1
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“1”

Context: 7,395

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 99721Grade: 197Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:f4a3de509e4697a94588
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
99721
Grade
197
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“197”

Context: 99,721

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 99721Grade: 1676Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:f4a3de509e4697a94588
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
99721
Grade
1676
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“1,676”

Context: 99,721

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 99721Grade: 20Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:f4a3de509e4697a94588
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
99721
Grade
20
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“20”

Context: 99,721

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 6818Grade: 6Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a9689b17b83793503e54
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
6818
Grade
6
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“6”

Context: 6,818

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 6818Grade: 61Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a9689b17b83793503e54
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
6818
Grade
61
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“61”

Context: 6,818

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 6818Grade: 1Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:a9689b17b83793503e54
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
6818
Grade
1
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“1”

Context: 6,818

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 90586Grade: 196Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:211796c8852a1dd34a2d
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90586
Grade
196
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“196”

Context: 90,586

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 90586Grade: 1647Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:211796c8852a1dd34a2d
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90586
Grade
1647
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“1,647”

Context: 90,586

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 90586Grade: 17Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:211796c8852a1dd34a2d
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90586
Grade
17
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“17”

Context: 90,586

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 5738Grade: 6Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:fae1b5b755cc3a01ab52
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5738
Grade
6
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“6”

Context: 5,738

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 5738Grade: 57Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:fae1b5b755cc3a01ab52
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5738
Grade
57
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“57”

Context: 5,738

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 5738Grade: 1Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:fae1b5b755cc3a01ab52
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
5738
Grade
1
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“1”

Context: 5,738

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 90961Grade: 380Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:fef756a201af1e2956e6
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90961
Grade
380
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“380”

Context: 90,961

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 90961Grade: 628Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:fef756a201af1e2956e6
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90961
Grade
628
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“628”

Context: 90,961

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 90961Grade: 7Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:fef756a201af1e2956e6
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90961
Grade
7
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“7”

Context: 90,961

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 3476Grade: 16Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6b3556bda5128234a71e
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3476
Grade
16
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“16”

Context: 3,476

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 3476Grade: 16Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6b3556bda5128234a71e
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3476
Grade
16
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“16”

Context: 3,476

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 3476Grade: 0Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:6b3556bda5128234a71e
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3476
Grade
0
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“0”

Context: 3,476

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 90463Grade: 379Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:502bdd0339c96bf7db2a
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463
Grade
379
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“379”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 90463Grade: 627Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:502bdd0339c96bf7db2a
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463
Grade
627
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“627”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 90463Grade: 7Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:502bdd0339c96bf7db2a
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
90463
Grade
7
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“7”

Context: 90,463

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 3421Grade: 16Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:580f9496bdb63adb1bee
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421
Grade
16
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“16”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 3421Grade: 16Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:580f9496bdb63adb1bee
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421
Grade
16
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“16”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 3421Grade: 0Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:580f9496bdb63adb1bee
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3421
Grade
0
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“0”

Context: 3,421

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 87802Grade: 376Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3b62b7a95c6512149472
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
87802
Grade
376
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“376”

Context: 87,802

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 87802Grade: 622Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3b62b7a95c6512149472
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
87802
Grade
622
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“622”

Context: 87,802

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 87802Grade: 6Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3b62b7a95c6512149472
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
87802
Grade
6
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“6”

Context: 87,802

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 3219Grade: 16Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7456400a408b035a45da
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3219
Grade
16
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“16”

Context: 3,219

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 3219Grade: 15Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7456400a408b035a45da
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3219
Grade
15
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“15”

Context: 3,219

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 3219Grade: 0Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7456400a408b035a45da
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3219
Grade
0
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“0”

Context: 3,219

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 82720Grade: 368Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3d874198a127741603a4
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
82720
Grade
368
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“368”

Context: 82,720

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 82720Grade: 610Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3d874198a127741603a4
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
82720
Grade
610
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“610”

Context: 82,720

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 82720Grade: 6Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3d874198a127741603a4
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
82720
Grade
6
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“6”

Context: 82,720

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 2799Grade: 15Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e8ae54ce798eb758a3bf
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2799
Grade
15
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“15”

Context: 2,799

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 2799Grade: 15Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e8ae54ce798eb758a3bf
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2799
Grade
15
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“15”

Context: 2,799

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 2799Grade: 0Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:e8ae54ce798eb758a3bf
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2799
Grade
0
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“0”

Context: 2,799

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 26579Grade: 144Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:b8d132a13c4efb1bd623
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26579
Grade
144
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“144”

Context: 26,579

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 26579Grade: 293Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:b8d132a13c4efb1bd623
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
26579
Grade
293
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“293”

Context: 26,579

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 0Grade: 0Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d7e63bf190b0b9a7f9bd
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
0
Grade
0
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“0”

Context: 0

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 0Grade: 0Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:d7e63bf190b0b9a7f9bd
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
0
Grade
0
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“0”

Context: 0

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 114345Grade: 398Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:ce808f4d026e760b46e0
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
114345
Grade
398
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“398”

Context: 114,345

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 114345Grade: 574Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:ce808f4d026e760b46e0
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
114345
Grade
574
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“574”

Context: 114,345

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 114345Grade: 15Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:ce808f4d026e760b46e0
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
114345
Grade
15
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“15”

Context: 114,345

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 39542Grade: 111Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:0ea67b980198513aa6a2
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
39542
Grade
111
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“111”

Context: 39,542

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 39542Grade: 158Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:0ea67b980198513aa6a2
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
39542
Grade
158
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“158”

Context: 39,542

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 39542Grade: 5Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:0ea67b980198513aa6a2
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
39542
Grade
5
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“5”

Context: 39,542

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 113070Grade: 397Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8a78051c1caf0fda2a23
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070
Grade
397
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“397”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 113070Grade: 573Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8a78051c1caf0fda2a23
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070
Grade
573
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“573”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 113070Grade: 15Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8a78051c1caf0fda2a23
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
113070
Grade
15
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“15”

Context: 113,070

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 38991Grade: 111Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3f610468c2ec20eb352f
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991
Grade
111
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“111”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 38991Grade: 157Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3f610468c2ec20eb352f
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991
Grade
157
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“157”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 38991Grade: 4Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:3f610468c2ec20eb352f
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
38991
Grade
4
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“4”

Context: 38,991

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 107136Grade: 388Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8fb8b9c4058ca809c858
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
107136
Grade
388
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“388”

Context: 107,136

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 107136Grade: 563Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8fb8b9c4058ca809c858
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
107136
Grade
563
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“563”

Context: 107,136

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 107136Grade: 15Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8fb8b9c4058ca809c858
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
107136
Grade
15
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“15”

Context: 107,136

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 36077Grade: 106Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7b7c8396af4cc7c78f1c
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
36077
Grade
106
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“106”

Context: 36,077

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 36077Grade: 152Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7b7c8396af4cc7c78f1c
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
36077
Grade
152
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“152”

Context: 36,077

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 36077Grade: 4Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7b7c8396af4cc7c78f1c
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
36077
Grade
4
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“4”

Context: 36,077

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 93125Grade: 362Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:02ffa2b41c8d122225ca
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
93125
Grade
362
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“362”

Context: 93,125

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 93125Grade: 529Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:02ffa2b41c8d122225ca
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
93125
Grade
529
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“529”

Context: 93,125

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 93125Grade: 14Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:02ffa2b41c8d122225ca
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
93125
Grade
14
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“14”

Context: 93,125

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 29551Grade: 93Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:20415f13bf3ea6f596eb
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
29551
Grade
93
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“93”

Context: 29,551

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 29551Grade: 139Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:20415f13bf3ea6f596eb
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
29551
Grade
139
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“139”

Context: 29,551

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 29551Grade: 4Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:20415f13bf3ea6f596eb
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
29551
Grade
4
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“4”

Context: 29,551

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 942630Grade: 2828Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7e80f34bfaabb45ac710
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
942630
Grade
2828
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“2,828”

Context: 942,630

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 942630Grade: 5858Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7e80f34bfaabb45ac710
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
942630
Grade
5858
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“5,858”

Context: 942,630

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 942630Grade: 177Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7e80f34bfaabb45ac710
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
942630
Grade
177
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“177”

Context: 942,630

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 213047Grade: 548Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:c86e4395c02bef38ecf2
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
213047
Grade
548
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“548”

Context: 213,047

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 213047Grade: 984Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:c86e4395c02bef38ecf2
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
213047
Grade
984
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“984”

Context: 213,047

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 213047Grade: 30Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:c86e4395c02bef38ecf2
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
213047
Grade
30
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“30”

Context: 213,047

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 927672Grade: 2818Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:63f269911c41f6f46df7
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672
Grade
2818
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“2,818”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 927672Grade: 5825Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:63f269911c41f6f46df7
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672
Grade
5825
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“5,825”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 927672Grade: 174Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:63f269911c41f6f46df7
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
927672
Grade
174
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“174”

Context: 927,672

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 210433Grade: 545Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8f54f21ac0f88d6778d6
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433
Grade
545
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“545”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 210433Grade: 979Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8f54f21ac0f88d6778d6
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433
Grade
979
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“979”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 210433Grade: 30Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8f54f21ac0f88d6778d6
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
210433
Grade
30
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“30”

Context: 210,433

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 848172Grade: 2741Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7a1c37fe71b54e46d460
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
848172
Grade
2741
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“2,741”

Context: 848,172

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 848172Grade: 5607Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7a1c37fe71b54e46d460
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
848172
Grade
5607
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“5,607”

Context: 848,172

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 848172Grade: 161Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:7a1c37fe71b54e46d460
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
848172
Grade
161
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“161”

Context: 848,172

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 195532Grade: 522Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:ec30ce63171c2ad4b4d8
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
195532
Grade
522
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“522”

Context: 195,532

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 195532Grade: 947Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:ec30ce63171c2ad4b4d8
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
195532
Grade
947
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“947”

Context: 195,532

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 195532Grade: 28Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:ec30ce63171c2ad4b4d8
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
195532
Grade
28
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“28”

Context: 195,532

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 702991Grade: 2534Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8c4a4c37e6f25bb1c313
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
702991
Grade
2534
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“2,534”

Context: 702,991

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 702991Grade: 5072Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8c4a4c37e6f25bb1c313
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
702991
Grade
5072
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“5,072”

Context: 702,991

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · molybdenumTonnes: 702991Grade: 135Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:8c4a4c37e6f25bb1c313
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
702991
Grade
135
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“135”

Context: 702,991

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 147938Grade: 433Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:20e8280dd5b0ca523506
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
147938
Grade
433
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“433”

Context: 147,938

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 147938Grade: 796Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:20e8280dd5b0ca523506
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
147938
Grade
796
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“796”

Context: 147,938

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · molybdenumTonnes: 147938Grade: 22Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
molybdenum
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:20e8280dd5b0ca523506
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
147938
Grade
22
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“22”

Context: 147,938

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · copperTonnes: 96439Grade: 447Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:bdf5f9841f1270d05b18
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
96439
Grade
447
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“447”

Context: 96,439

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

indicatedNorth Island Project · goldTonnes: 96439Grade: 801Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:bdf5f9841f1270d05b18
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
96439
Grade
801
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Significant indicated copper resource for Northwest Expo at the stated cut-off, contributing to the overall project increase. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Tonnage Growth
  • Contained Metal Growth
  • Category Upgrade

Evidence · table

“801”

Context: 96,439

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · copperTonnes: 2094Grade: 7Grade Unit: mm lbsView all details
Link to this fact

Identity

Project
North Island Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:c0276718b8ba9a6ba99d
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094
Grade
7
Grade Unit
mm lbs
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“7”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

inferredNorth Island Project · goldTonnes: 2094Grade: 17Grade Unit: 000s ozView all details
Link to this fact

Identity

Project
North Island Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
NCX

Resource scope

Estimate type
resource
Effective date
2026-07-31T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Sue Bird, Peter Mehrfert, Dr. Pablo Mejia Herrera
Resource group id
resource:c0276718b8ba9a6ba99d
Deposit or zone
Northwest Expo
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
2094
Grade
17
Grade Unit
000s oz
Cutoff Grade
11
Cutoff Unit
$/t NSR

Prior Estimate

Resource Date
2026-07-31

Metal Equivalent

Assumptions Disclosed
Yes

Location

CRS
UTM Zone 9 North (NAD83 CRS, VD CVG28BC)
Loc. Confidence
medium

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-06T00:00:00.000Z

Reasoning: Inferred copper resource for Northwest Expo at the stated cut-off, representing early-stage confidence. (Expanded from multi-commodity resource table for completeness.)

Negative factors

  • Inferred Resource

Evidence · table

“17”

Context: 2,094

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

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.