Osisko Gold Announces Formal Construction Decision and Development Update for the Cariboo Gold Project
Original announcement by globenewswire on
- Company
- Osisko Gold Group Inc.
- Ticker
- OGG
- Exchange
- Unavailable
- Region
- British Columbia, Canada
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Production, Agreement transaction
- Extracted
- 2026-09-14 12:33:59 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Osisko Gold Group Inc. has announced a formal positive construction decision for its 100%-owned Cariboo Gold Project in British Columbia, Canada, with first gold pour expected in Q1 2029. The decision is supported by a US$30 million private placement from Trafigura, concentrate and doré off-take agreements, and a potential US$120 million prepayment facility. The updated go-forward capital obligation is C$990 million, and project economics show a robust after-tax NPV5% of C$3.2 billion and IRR of 42.7% at spot gold prices, with all necessary permits already secured.
Reasoning: Osisko Gold has made a formal positive construction decision for its Cariboo Gold Project, backed by substantial financing agreements and updated project economics demonstrating strong returns, marking a significant de-risking and advancement towards production.
Positive factors
- Formal construction decision made for flagship project
- Significant financing secured through private placement and potential prepayment facility
- Offtake agreements in place for concentrate and doré
- Robust project economics with high NPV and IRR at current gold prices
- All necessary permits obtained for construction and operation
- Project completion progressing well
Negative factors
- Construction period extended slightly compared to prior estimates
- Potential for dilution from warrant exercise
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 30
Classification and evidence
Formal Construction Decisionpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The Board of Directors has made a formal positive decision to proceed with the construction of the Company's 100%-owned Cariboo Gold Project.
Evidence · text
“Positive formal construction decision on the Cariboo Gold Project made by the Board of Directors”
Capital Raisepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company announced a US$30 million strategic private placement from an affiliate of Trafigura and a potential prepayment facility of up to US$120 million.
Evidence · text
“US$30 million strategic private placement from an affiliate of Trafigura, concentrate and doré off-take from Trafigura, and potential prepayment facility of up to US$120 million”
Offtake Agreementpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Offtake agreements are in place with Trafigura for 100% of the gold concentrate and gold doré for the first four years of production.
Evidence · text
“offtake agreements between Barkerville and Trafigura for 100% of the (x) gold concentrate for the first four years of production at the Cariboo Gold Project (or until 80,000 dry metric tons of concentrate are delivered) and (y) gold doré for the first four years of production”
Permitting Completepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The Project obtained all permits necessary for construction, operation, and closure in Q4 2024 with the receipt of the Mines Act (British Columbia) and Environmental Management Act (British Columbia) permits.
Evidence · text
“The Project obtained all permits necessary for construction, operation, and closure in Q4 2024 with the receipt of the Mines Act (British Columbia) and Environmental Management Act (British Columbia) permits.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The mineral reserve and resource estimates follow the 2014 CIM Definition Standards and 2019 CIM Estimation Best Practice Guidelines, and the Cariboo Technical Report was prepared in accordance with NI 43-101.
Evidence · text
“The Cariboo Technical Report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (" NI 43-101 ")”
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: Scott Smith, P. Geo., Carl Pelletier, P.Geo., and Tessa Scott, P.Geo. are named as qualified persons responsible for the scientific and technical information and mineral resource estimates.
Evidence · text
“The scientific and technical information contained in this news release has been reviewed, verified and approved by Scott Smith, P. Geo., Vice President, Exploration of Osisko Gold, a "qualified person" within the meaning of NI 43-101.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document includes detailed tables for the Cariboo Gold Project Mineral Reserves Statement (April 10, 2025) and Mineral Resources Statement (April 22, 2025).
Evidence · text
“Mineral Reserves Estimate – Cariboo Gold Project”
Infill Drillingneutral · Story-specific tag
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Underground development is advancing to enable infill drilling to support resource conversion, expected to commence at the end of September 2026.
Evidence · text
“infill drilling to support resource conversion, which is expected to commence at the end of September 2026.”
Extracted facts
Stored fact records: 25. Some facts used in scoring do not have a stored record.
Resource Estimates (25)
probableCariboo Gold Project · goldTonnes: 3999971Grade: 3.35Grade Unit: g/tContained Metal: 430548Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Smith, P. Geo.
- Resource group id
- resource:ee69ce5a3608c1e2d4da
- Deposit or zone
- Cow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- probable
- Tonnes
- 3999971
- Grade
- 3.35
- Grade Unit
- g/t
- Contained Metal
- 430548
- Contained Unit
- oz
- Cutoff Grade
- 1.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Cow zone contributes a substantial portion to the overall probable mineral reserves with good gold grade.
Positive factors
- Significant probable reserve tonnage and grade
Evidence · table
“3.35”
Context: 3,999,971
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
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
probableCariboo Gold Project · goldTonnes: 3238636Grade: 3.59Grade Unit: g/tContained Metal: 374058Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Smith, P. Geo.
- Resource group id
- resource:3116a8bd2ae00159e80b
- Deposit or zone
- Valley
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- probable
- Tonnes
- 3238636
- Grade
- 3.59
- Grade Unit
- g/t
- Contained Metal
- 374058
- Contained Unit
- oz
- Cutoff Grade
- 1.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Valley zone adds to the probable mineral reserves with a solid gold grade.
Positive factors
- Good probable reserve tonnage and grade
Evidence · table
“3.59”
Context: 3,238,636
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
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
probableCariboo Gold Project · goldTonnes: 8548295Grade: 3.72Grade Unit: g/tContained Metal: 1021599Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Smith, P. Geo.
- Resource group id
- resource:908ffa6a3399ae1bf400
- Deposit or zone
- Shaft
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- probable
- Tonnes
- 8548295
- Grade
- 3.72
- Grade Unit
- g/t
- Contained Metal
- 1021599
- Contained Unit
- oz
- Cutoff Grade
- 1.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Shaft zone is the largest contributor to the probable mineral reserves with the highest gold grade, significantly impacting the project's economics.
Positive factors
- Largest probable reserve tonnage and highest grade
Evidence · table
“3.72”
Context: 8,548,295
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
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
probableCariboo Gold Project · goldTonnes: 1105370Grade: 3.94Grade Unit: g/tContained Metal: 140102Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Smith, P. Geo.
- Resource group id
- resource:5330616d34c531db0a00
- Deposit or zone
- Mosquito
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- probable
- Tonnes
- 1105370
- Grade
- 3.94
- Grade Unit
- g/t
- Contained Metal
- 140102
- Contained Unit
- oz
- Cutoff Grade
- 1.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Mosquito zone provides high-grade probable reserves, contributing to the overall project value.
Positive factors
- High-grade probable reserve
Evidence · table
“3.94”
Context: 1,105,370
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
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
probableCariboo Gold Project · goldTonnes: 923162Grade: 3.52Grade Unit: g/tContained Metal: 104491Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Smith, P. Geo.
- Resource group id
- resource:e77411863ea87af22448
- Deposit or zone
- Lowhee
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- probable
- Tonnes
- 923162
- Grade
- 3.52
- Grade Unit
- g/t
- Contained Metal
- 104491
- Contained Unit
- oz
- Cutoff Grade
- 1.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Lowhee zone contributes to the probable mineral reserves with a good gold grade.
Positive factors
- Probable reserve with good gold grade
Evidence · table
“3.52”
Context: 923,162
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
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
probableCariboo Gold Project · goldTonnes: 17815435Grade: 3.62Grade Unit: g/tContained Metal: 2070798Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Scott Smith, P. Geo.
- Resource group id
- resource:8f31db7b4a890ab1ee4e
- Deposit or zone
- Total Proven & Probable
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- probable
- Tonnes
- 17815435
- Grade
- 3.62
- Grade Unit
- g/t
- Contained Metal
- 2070798
- Contained Unit
- oz
- Cutoff Grade
- 1.7
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-10
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Cariboo Gold Project has a substantial total probable mineral reserve, providing a strong foundation for the construction decision.
Positive factors
- Large total probable reserve with strong gold grade
Evidence · table
“3.62”
Context: 17,815,435
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
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
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
measuredCariboo Gold Project · goldTonnes: 47000Grade: 5.06Grade Unit: g/tContained Metal: 8000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:e8d1c641dbc32b08f0d6
- Deposit or zone
- Bonanza Ledge
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- measured
- Tonnes
- 47000
- Grade
- 5.06
- Grade Unit
- g/t
- Contained Metal
- 8000
- Contained Unit
- oz
- Cutoff Grade
- 3.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Bonanza Ledge zone contains a high-grade measured resource, indicating high confidence in this portion of the deposit.
Positive factors
- High-grade measured resource
Evidence · table
“5.06”
Context: 47
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
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
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
indicatedCariboo Gold Project · goldTonnes: 32000Grade: 4.02Grade Unit: g/tContained Metal: 4000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:0ea102df8a457c22c5f7
- Deposit or zone
- Bonanza Ledge
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 32000
- Grade
- 4.02
- Grade Unit
- g/t
- Contained Metal
- 4000
- Contained Unit
- oz
- Cutoff Grade
- 3.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Bonanza Ledge zone also contains a high-grade indicated resource, adding to the overall resource confidence.
Positive factors
- High-grade indicated resource
Evidence · table
“4.02”
Context: 32
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
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
indicatedCariboo Gold Project · goldTonnes: 1057000Grade: 3Grade Unit: g/tContained Metal: 102000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:6c2a742bb1b9bd0dc883
- Deposit or zone
- BC Vein
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1057000
- Grade
- 3
- Grade Unit
- g/t
- Contained Metal
- 102000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The BC Vein zone contributes a moderate indicated resource with a good gold grade.
Positive factors
- Indicated resource with good gold grade
Evidence · table
“3.00”
Context: 1,057
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
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
indicatedCariboo Gold Project · goldTonnes: 527000Grade: 2.8Grade Unit: g/tContained Metal: 47000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:5affe4f0e1c7abf6a4ef
- Deposit or zone
- KL
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 527000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 47000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The KL zone provides an indicated resource with an economic gold grade.
Positive factors
- Indicated resource with economic gold grade
Evidence · table
“2.80”
Context: 527
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
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
indicatedCariboo Gold Project · goldTonnes: 1333000Grade: 2.76Grade Unit: g/tContained Metal: 118000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:4d55e826c783aa00e242
- Deposit or zone
- Lowhee
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1333000
- Grade
- 2.76
- Grade Unit
- g/t
- Contained Metal
- 118000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Lowhee zone contributes an indicated resource with an economic gold grade.
Positive factors
- Indicated resource with economic gold grade
Evidence · table
“2.76”
Context: 1,333
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
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
indicatedCariboo Gold Project · goldTonnes: 1553000Grade: 2.96Grade Unit: g/tContained Metal: 148000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:e960dd813d71ef185341
- Deposit or zone
- Mosquito
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1553000
- Grade
- 2.96
- Grade Unit
- g/t
- Contained Metal
- 148000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Mosquito zone provides a good indicated resource with a solid gold grade.
Positive factors
- Indicated resource with good gold grade
Evidence · table
“2.96”
Context: 1,553
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
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
indicatedCariboo Gold Project · goldTonnes: 6121000Grade: 2.92Grade Unit: g/tContained Metal: 575000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:378eca7436bf6ceffda6
- Deposit or zone
- Shaft
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 6121000
- Grade
- 2.92
- Grade Unit
- g/t
- Contained Metal
- 575000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Shaft zone is a major contributor to the indicated mineral resources with a good gold grade.
Positive factors
- Significant indicated resource with good gold grade
Evidence · table
“2.92”
Context: 6,121
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
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
indicatedCariboo Gold Project · goldTonnes: 2718000Grade: 2.7Grade Unit: g/tContained Metal: 236000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:a316bd8e00019f602294
- Deposit or zone
- Valley
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2718000
- Grade
- 2.7
- Grade Unit
- g/t
- Contained Metal
- 236000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Valley zone provides a substantial indicated resource with an economic gold grade.
Positive factors
- Indicated resource with economic gold grade
Evidence · table
“2.70”
Context: 2,718
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
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
indicatedCariboo Gold Project · goldTonnes: 3991000Grade: 2.91Grade Unit: g/tContained Metal: 374000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:0cb8e29e57deceb82c22
- Deposit or zone
- Cow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3991000
- Grade
- 2.91
- Grade Unit
- g/t
- Contained Metal
- 374000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Cow zone contributes a significant indicated resource with a good gold grade.
Positive factors
- Significant indicated resource with good gold grade
Evidence · table
“2.91”
Context: 3,991
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
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
indicatedCariboo Gold Project · goldTonnes: 17332000Grade: 2.88Grade Unit: g/tContained Metal: 1604000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:cec3f93ac117c3fb8a06
- Deposit or zone
- Total Indicated Resources
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 17332000
- Grade
- 2.88
- Grade Unit
- g/t
- Contained Metal
- 1604000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The project has a substantial total indicated mineral resource, providing a strong base for future development.
Positive factors
- Large total indicated resource with good gold grade
Evidence · table
“2.88”
Context: 17,332
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
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
indicatedCariboo Gold Project · goldTonnes: 17380000Grade: 2.88Grade Unit: g/tContained Metal: 1612000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:a13e0419a906583a45cd
- Deposit or zone
- Total Measured & Indicated
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 17380000
- Grade
- 2.88
- Grade Unit
- g/t
- Contained Metal
- 1612000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The combined measured and indicated resources provide a high level of confidence for the project's economic viability.
Positive factors
- Large total measured and indicated resource with good gold grade
Evidence · table
“2.88”
Context: 17,380
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
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
inferredCariboo Gold Project · goldTonnes: 596000Grade: 3.17Grade Unit: g/tContained Metal: 61000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:c6b118e2b629a15527a7
- Deposit or zone
- BC Vein
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 596000
- Grade
- 3.17
- Grade Unit
- g/t
- Contained Metal
- 61000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The BC Vein zone contains an inferred resource with a good gold grade, indicating potential for future conversion.
Positive factors
- Inferred resource with good gold grade
Evidence · table
“3.17”
Context: 596
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
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
inferredCariboo Gold Project · goldTonnes: 2514000Grade: 2.53Grade Unit: g/tContained Metal: 205000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:7a36b844875f755de146
- Deposit or zone
- KL
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2514000
- Grade
- 2.53
- Grade Unit
- g/t
- Contained Metal
- 205000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The KL zone provides a substantial inferred resource with an economic gold grade, offering future exploration potential.
Positive factors
- Inferred resource with economic gold grade
Evidence · table
“2.53”
Context: 2,514
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
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
inferredCariboo Gold Project · goldTonnes: 486000Grade: 3.01Grade Unit: g/tContained Metal: 47000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:8bb34b777896abfbe683
- Deposit or zone
- Lowhee
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 486000
- Grade
- 3.01
- Grade Unit
- g/t
- Contained Metal
- 47000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Lowhee zone contains an inferred resource with a good gold grade, indicating potential for future conversion.
Positive factors
- Inferred resource with good gold grade
Evidence · table
“3.01”
Context: 486
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
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
inferredCariboo Gold Project · goldTonnes: 1883000Grade: 3.08Grade Unit: g/tContained Metal: 186000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:b119c5471386056cf575
- Deposit or zone
- Mosquito
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1883000
- Grade
- 3.08
- Grade Unit
- g/t
- Contained Metal
- 186000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Mosquito zone provides a good inferred resource with a solid gold grade, offering future exploration potential.
Positive factors
- Inferred resource with good gold grade
Evidence · table
“3.08”
Context: 1,883
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
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
inferredCariboo Gold Project · goldTonnes: 7457000Grade: 3.44Grade Unit: g/tContained Metal: 826000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:1c687988531e4726d4b8
- Deposit or zone
- Shaft
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 7457000
- Grade
- 3.44
- Grade Unit
- g/t
- Contained Metal
- 826000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Shaft zone is the largest contributor to the inferred mineral resources with a strong gold grade, representing significant future potential.
Positive factors
- Largest inferred resource with strong gold grade
Evidence · table
“3.44”
Context: 7,457
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
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
inferredCariboo Gold Project · goldTonnes: 2470000Grade: 3.01Grade Unit: g/tContained Metal: 239000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:e9ade1850c6d0fc9c3e0
- Deposit or zone
- Valley
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2470000
- Grade
- 3.01
- Grade Unit
- g/t
- Contained Metal
- 239000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Valley zone provides a substantial inferred resource with a good gold grade, indicating potential for future upgrades.
Positive factors
- Inferred resource with good gold grade
Evidence · table
“3.01”
Context: 2,470
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
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
inferredCariboo Gold Project · goldTonnes: 3368000Grade: 2.78Grade Unit: g/tContained Metal: 301000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:5c195512e3955e8a1f0f
- Deposit or zone
- Cow
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3368000
- Grade
- 2.78
- Grade Unit
- g/t
- Contained Metal
- 301000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The Cow zone contributes a significant inferred resource with an economic gold grade, offering future exploration potential.
Positive factors
- Significant inferred resource with economic gold grade
Evidence · table
“2.78”
Context: 3,368
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
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
inferredCariboo Gold Project · goldTonnes: 18774000Grade: 3.09Grade Unit: g/tContained Metal: 1864000Contained Unit: ozView all detailsHide details
Identity
- Project
- Cariboo Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia, Canada
- Ticker
- OGG
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Carl Pelletier, P.Geo., Tessa Scott, P.Geo.
- Resource group id
- resource:4e1937754bef13adff48
- Deposit or zone
- Total Inferred Resources
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 18774000
- Grade
- 3.09
- Grade Unit
- g/t
- Contained Metal
- 1864000
- Contained Unit
- oz
- Cutoff Grade
- 1.8
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-04-22
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The project has a substantial total inferred mineral resource, indicating significant long-term exploration potential.
Positive factors
- Large total inferred resource with good gold grade
Evidence · table
“3.09”
Context: 18,774
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
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.