Osisko Metals Announces Significant Increase in Mineral Resources at Gaspé Copper
Original announcement by tmx on
- Company
- Osisko Metals Incorporated
- Ticker
- OM
- Exchange
- TSX
- Region
- Quebec
- Primary commodity
- Copper
- Secondary commodities
- Molybdenum, Silver, Zinc
- Document categories
- Resource update, Drill results
- Extracted
- 2026-09-18 14:58:41 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Osisko Metals announced a significant update to the Mineral Resource Estimate for its Gaspé Copper Project in Eastern Quebec. The updated MRE includes 1.83 billion tonnes of Measured and Indicated resources at 0.27% Cu (0.32% CuEq) and 239 million tonnes of Inferred resources at 0.41% Cu (0.46% CuEq). This represents a 119% increase in contained copper metal in the M&I categories over the previously reported Indicated Resource, establishing Gaspé Copper as one of the largest undeveloped copper-molybdenum deposits in North America. The company plans a 50,000-meter drill program to upgrade Inferred resources and expand the deposit.
Reasoning: The updated Mineral Resource Estimate for Gaspé Copper shows a significant increase in Measured and Indicated resources, with a 119% increase in contained copper metal over the previously reported Indicated Resource. This positions the project as one of North America's largest undeveloped copper-molybdenum deposits, supported by a detailed NI 43-101 compliant estimate and a planned drill program to further upgrade and expand resources.
Positive factors
- Tonnage Growth
- Contained Metal Growth
- Category Upgrade
- QP/CP Signed
- NI 43-101 Compliant
- Maiden Resource (for the updated M&I scale)
Facts used in scoring: 18
Classification and evidence
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The source explicitly discloses a revised resource estimate
Evidence · text
“updated mineral resource estimate”
Extracted facts
Stored fact records: 18. Some facts used in scoring do not have a stored record.
Resource Estimates (18)
measuredGaspé Copper Project · copperTonnes: 136500000Grade: 0.37Grade Unit: %Contained Metal: 1128Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:d3fd3537d1418d0d8c05
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 1128
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Measured resource for copper contributes to the overall significant increase in high-confidence resources for the project.
Positive factors
- Measured Resource
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.37”
Context: 136.5
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
measuredGaspé Copper Project · molybdenumTonnes: 136500000Grade: 0.014Grade Unit: %Contained Metal: 41.9Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:d3fd3537d1418d0d8c05
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.014
- Grade Unit
- %
- Contained Metal
- 41.9
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Measured molybdenum resource adds to the overall polymetallic value of the project.
Positive factors
- Measured Resource
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.014”
Context: 136.5
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
measuredGaspé Copper Project · silverTonnes: 136500000Grade: 1.98Grade Unit: g/tContained Metal: 8.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:d3fd3537d1418d0d8c05
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 1.98
- Grade Unit
- g/t
- Contained Metal
- 8.7
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Measured silver resource adds to the overall polymetallic value of the project.
Positive factors
- Measured Resource
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“1.98”
Context: 136.5
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
indicatedGaspé Copper Project · copperTonnes: 1697700000Grade: 0.26Grade Unit: %Contained Metal: 9639Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:6cf97e2741a042762997
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 9639
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Contained Metal
- 4401
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Indicated copper resource shows significant growth and contributes substantially to the project's overall contained metal, representing a key de-risking step.
Positive factors
- Indicated Resource
- Contained Metal Growth
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.26”
Context: 1,697.7
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
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 9639 against 4401 previously
indicatedGaspé Copper Project · copperTonnes: 1834200000Grade: 0.27Grade Unit: %Contained Metal: 10766Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:d89fd3e8a97c23963ffe
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 10766
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Contained Metal
- 4916
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The combined Measured and Indicated copper resource shows a substantial 119% increase in contained metal over the prior Indicated resource, significantly de-risking the project and establishing it as a major undeveloped deposit.
Positive factors
- Contained Metal Growth
- Category Upgrade
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.27”
Context: 1,834.2
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
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 10766 against 4916 previously
inferredGaspé Copper Project · copperTonnes: 238800000Grade: 0.41Grade Unit: %Contained Metal: 2158Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:b54bbce639a585e60e88
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 2158
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Inferred copper resource adds significant potential for future growth, with a higher grade than the M&I categories, and plans for upgrading with additional drilling.
Positive factors
- QP/CP Signed
- NI 43-101 Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.41”
Context: 238.8
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
inferredGaspé Copper Project · molybdenumTonnes: 238800000Grade: 0.016Grade Unit: %Contained Metal: 82.9Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:b54bbce639a585e60e88
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.016
- Grade Unit
- %
- Contained Metal
- 82.9
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Inferred molybdenum resource adds to the polymetallic potential of the project, with plans for future upgrade.
Positive factors
- QP/CP Signed
- NI 43-101 Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.016”
Context: 238.8
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
inferredGaspé Copper Project · silverTonnes: 238800000Grade: 1.88Grade Unit: g/tContained Metal: 14.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:b54bbce639a585e60e88
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 1.88
- Grade Unit
- g/t
- Contained Metal
- 14.5
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Inferred silver resource adds to the polymetallic potential of the project, with plans for future upgrade.
Positive factors
- QP/CP Signed
- NI 43-101 Compliant
Negative factors
- Inferred Resource
Evidence · table
“1.88”
Context: 238.8
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
indicatedGaspé Copper Project · copperTonnes: 2342000000Grade: 0.23Grade Unit: %Contained Metal: 12000Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:ee42803ed039e3c53102
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 2342000000
- Grade
- 0.23
- Grade Unit
- %
- Contained Metal
- 12000
- Contained Unit
- m lbs
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This M&I copper resource at a lower cut-off grade demonstrates the project's potential for a larger tonnage profile, contributing to overall contained metal.
Positive factors
- Indicated Resource
- Contained Metal Growth
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.23”
Context: 2,342
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
indicatedGaspé Copper Project · molybdenumTonnes: 2342000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:ee42803ed039e3c53102
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 2342000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This M&I molybdenum resource at a lower cut-off grade contributes to the polymetallic potential of the project.
Positive factors
- Indicated Resource
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.014”
Context: 2,342
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
inferredGaspé Copper Project · copperTonnes: 287000000Grade: 0.36Grade Unit: %Contained Metal: 2264Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:b9ec00aad36c419e5b41
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 287000000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 2264
- Contained Unit
- m lbs
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Inferred copper resource at a lower cut-off grade indicates additional potential for resource expansion and future upgrade.
Positive factors
- QP/CP Signed
- NI 43-101 Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.36”
Context: 287
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
inferredGaspé Copper Project · molybdenumTonnes: 287000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:b9ec00aad36c419e5b41
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 287000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Inferred molybdenum resource at a lower cut-off grade contributes to the polymetallic potential of the project.
Positive factors
- QP/CP Signed
- NI 43-101 Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.014”
Context: 287
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
indicatedPine Point project · zincTonnes: 49500000Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pine Point project
- Commodity
- zinc
- Region
- northwest territories
- Reported Region
- Northwest Territories
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:af62d90c1fa854680b09
Resource Data
- Category
- indicated
- Tonnes
- 49500000
Metal Equivalent
- Metal Eq. Grade
- 5.52
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-06-25T00:00:00.000Z
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This is a restatement of a previously announced resource estimate for a separate project, providing no new information in this document.
Positive factors
- NI 43-101 Compliant
Negative factors
- Stale Data Re-release
Evidence · text
“Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals ' June 25, 2024 news release entitled "Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq"”
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
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
inferredPine Point project · zincTonnes: 8300000Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Pine Point project
- Commodity
- zinc
- Region
- northwest territories
- Reported Region
- Northwest Territories
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:5e03755398f1c2703ad5
Resource Data
- Category
- inferred
- Tonnes
- 8300000
Metal Equivalent
- Metal Eq. Grade
- 5.64
- Metal Eq. Unit
- % ZnEq
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-06-25T00:00:00.000Z
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This is a restatement of a previously announced Inferred resource estimate for a separate project, providing no new information in this document.
Positive factors
- NI 43-101 Compliant
Negative factors
- Stale Data Re-release
- Inferred Resource
Evidence · text
“Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals ' June 25, 2024 news release entitled "Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq"”
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
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
indicatedGaspé Copper Project · molybdenumTonnes: 1697700000Grade: 0.017Grade Unit: %Contained Metal: 631.3Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:6cf97e2741a042762997
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.017
- Grade Unit
- %
- Contained Metal
- 631.3
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Indicated molybdenum resource adds to the overall polymetallic value and confidence of the project.
Positive factors
- Indicated Resource
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.017”
Context: 1,697.7
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
indicatedGaspé Copper Project · silverTonnes: 1697700000Grade: 1.54Grade Unit: g/tContained Metal: 84.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:6cf97e2741a042762997
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 1.54
- Grade Unit
- g/t
- Contained Metal
- 84.1
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This Indicated silver resource adds to the overall polymetallic value and confidence of the project.
Positive factors
- Indicated Resource
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“1.54”
Context: 1,697.7
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
indicatedGaspé Copper Project · molybdenumTonnes: 1834200000Grade: 0.017Grade Unit: %Contained Metal: 673.2Contained Unit: m lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:d89fd3e8a97c23963ffe
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 0.017
- Grade Unit
- %
- Contained Metal
- 673.2
- Contained Unit
- m lbs
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The combined Measured and Indicated molybdenum resource adds significant polymetallic value to the project.
Positive factors
- Contained Metal Growth
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“0.017”
Context: 1,834.2
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
indicatedGaspé Copper Project · silverTonnes: 1834200000Grade: 1.57Grade Unit: g/tContained Metal: 92.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-01-17T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., Christian Laroche, P.Eng.
- Resource group id
- resource:d89fd3e8a97c23963ffe
- Deposit or zone
- Copper Mountain
- Mining method
- open_pit
- Material type
- sulphide
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 1.57
- Grade Unit
- g/t
- Contained Metal
- 92.8
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The combined Measured and Indicated silver resource adds significant polymetallic value to the project.
Positive factors
- Contained Metal Growth
- QP/CP Signed
- NI 43-101 Compliant
Evidence · table
“1.57”
Context: 1,834.2
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
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.