OUTCROP SILVER ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE SANTA ANA PRIMARY SILVER PROJECT
Original announcement by tmx on
- Company
- Outcrop Silver & Gold Corporation
- Ticker
- OCG
- Exchange
- TSX
- Region
- Colombia
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Resource update
- Extracted
- 2026-09-16 14:24:29 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Outcrop Silver & Gold Corporation announced an updated Mineral Resource Estimate for its Santa Ana Primary Silver Project in Colombia, reporting 29.9 Moz AgEq Indicated and 27.9 Moz AgEq Inferred resources. The updated estimate reflects a 106.3% increase in Inferred AgEq ounces compared to the maiden MRE, incorporating more rigorous classification standards and confirming the project's high-grade nature and significant exploration potential.
Reasoning: The updated MRE for the Santa Ana project demonstrates substantial growth in contained silver-equivalent ounces, particularly in the Inferred category, while applying more rigorous classification standards. The high grades and significant exploration upside contribute to a strong positive outlook, despite the lack of explicit prior absolute values for direct comparison.
Positive factors
- Significant increase in contained AgEq ounces in Inferred resources (106.3%)
- Rigorous classification standards applied in the Updated MRE
- High average grades in Indicated resources (518.7 g/t AgEq)
- Identification of new vein systems (Guadual and Aguilar) adding substantial resources
- Significant exploration upside with twelve known untested veins and pipeline of anomalies
- NI 43-101 compliant and QP signed off
Negative factors
- No explicit prior absolute values for contained metal, tonnage, or grade were provided for direct comparison, only percentage increases.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 84
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: 84. Some facts used in scoring do not have a stored record.
Resource Estimates (84)
indicatedSanta Ana · silverTonnes: 373000Grade: 221.1Grade Unit: g/tContained Metal: 2.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:1da51e343ccf60f438f4
- Deposit or zone
- Aguilar
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 373000
- Grade
- 221.1
- Grade Unit
- g/t
- Contained Metal
- 2.7
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Aguilar vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“221.1”
Context: 373
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 373000Grade: 1.61Grade Unit: g/tContained Metal: 0.019Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:1da51e343ccf60f438f4
- Deposit or zone
- Aguilar
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 373000
- Grade
- 1.61
- Grade Unit
- g/t
- Contained Metal
- 0.019
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Aguilar vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.61”
Context: 373
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 373000Contained Metal: 4.2Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:1da51e343ccf60f438f4
- Deposit or zone
- Aguilar
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 373000
- Contained Metal
- 4.2
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 348.5
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Aguilar vein shows good AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High AgEq grade for an underground deposit
Evidence · table
“348.5”
Context: 373
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 582000Grade: 175.5Grade Unit: g/tContained Metal: 3.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:3aae613f19b19d6398b6
- Deposit or zone
- Aguilar
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 582000
- Grade
- 175.5
- Grade Unit
- g/t
- Contained Metal
- 3.3
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Aguilar vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“175.5”
Context: 582
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 582000Grade: 1.26Grade Unit: g/tContained Metal: 0.024Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:3aae613f19b19d6398b6
- Deposit or zone
- Aguilar
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 582000
- Grade
- 1.26
- Grade Unit
- g/t
- Contained Metal
- 0.024
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Aguilar vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.26”
Context: 582
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 582000Contained Metal: 5.2Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:3aae613f19b19d6398b6
- Deposit or zone
- Aguilar
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 582000
- Contained Metal
- 5.2
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 275.3
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Aguilar vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“275.3”
Context: 582
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 77000Grade: 502.3Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:ed0b9ad77db4df6457d5
- Deposit or zone
- El Dorado
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 77000
- Grade
- 502.3
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for El Dorado vein shows very high silver grade, contributing significantly to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Very high silver grade for an underground deposit
Evidence · table
“502.3”
Context: 77
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 77000Grade: 2.33Grade Unit: g/tContained Metal: 0.006Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:ed0b9ad77db4df6457d5
- Deposit or zone
- El Dorado
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 77000
- Grade
- 2.33
- Grade Unit
- g/t
- Contained Metal
- 0.006
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for El Dorado vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“2.33”
Context: 77
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 77000Contained Metal: 1.7Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:ed0b9ad77db4df6457d5
- Deposit or zone
- El Dorado
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 77000
- Contained Metal
- 1.7
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 686.7
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for El Dorado vein shows very high AgEq grade, contributing significantly to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Very high AgEq grade for an underground deposit
Evidence · table
“686.7”
Context: 77
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 97000Grade: 169Grade Unit: g/tContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:564a8da6bb57dbffeb10
- Deposit or zone
- El Dorado
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 97000
- Grade
- 169
- Grade Unit
- g/t
- Contained Metal
- 0.5
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for El Dorado vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“169.0”
Context: 97
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 97000Grade: 1.67Grade Unit: g/tContained Metal: 0.005Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:564a8da6bb57dbffeb10
- Deposit or zone
- El Dorado
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 97000
- Grade
- 1.67
- Grade Unit
- g/t
- Contained Metal
- 0.005
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for El Dorado vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.67”
Context: 97
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 97000Contained Metal: 0.9Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:564a8da6bb57dbffeb10
- Deposit or zone
- El Dorado
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 97000
- Contained Metal
- 0.9
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 301.3
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for El Dorado vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“301.3”
Context: 97
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 4000Grade: 117.5Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:664f544ac9de5fbc08aa
- Deposit or zone
- Esp Santo
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4000
- Grade
- 117.5
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Esp Santo vein is very small, contributing minimally to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Very small tonnage and contained metal
Evidence · table
“117.5”
Context: 4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 4000Grade: 1.01Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:664f544ac9de5fbc08aa
- Deposit or zone
- Esp Santo
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4000
- Grade
- 1.01
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Esp Santo vein is very small, with gold as a minor component.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Very small tonnage and contained metal
Evidence · table
“1.01”
Context: 4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 4000Contained Metal: 0Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:664f544ac9de5fbc08aa
- Deposit or zone
- Esp Santo
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 4000
- Contained Metal
- 0
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 197.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Esp Santo vein is very small, contributing minimally to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Very small tonnage and contained metal
Evidence · table
“197.4”
Context: 4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 18000Grade: 89.2Grade Unit: g/tContained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:1b6c284be66762dae50b
- Deposit or zone
- Esp Santo
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 18000
- Grade
- 89.2
- Grade Unit
- g/t
- Contained Metal
- 0.1
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Esp Santo vein is very small, contributing minimally to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
- Very small tonnage and contained metal
Evidence · table
“89.2”
Context: 18
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 18000Grade: 1.19Grade Unit: g/tContained Metal: 0.001Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:1b6c284be66762dae50b
- Deposit or zone
- Esp Santo
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 18000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 0.001
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Esp Santo vein is very small, with gold as a minor component.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
- Very small tonnage and contained metal
Evidence · table
“1.19”
Context: 18
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 18000Contained Metal: 0.1Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:1b6c284be66762dae50b
- Deposit or zone
- Esp Santo
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 18000
- Contained Metal
- 0.1
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 183.5
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Esp Santo vein is very small, contributing minimally to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
- Very small tonnage and contained metal
Evidence · table
“183.5”
Context: 18
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 255000Grade: 486.4Grade Unit: g/tContained Metal: 4Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:25baf09de3492a38fef4
- Deposit or zone
- Guadual
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 255000
- Grade
- 486.4
- Grade Unit
- g/t
- Contained Metal
- 4
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Guadual vein shows very high silver grade and contained metal, significantly contributing to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Very high silver grade for an underground deposit
- New vein system adding substantial resources
Evidence · table
“486.4”
Context: 255
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 255000Grade: 1.35Grade Unit: g/tContained Metal: 0.011Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:25baf09de3492a38fef4
- Deposit or zone
- Guadual
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 255000
- Grade
- 1.35
- Grade Unit
- g/t
- Contained Metal
- 0.011
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Guadual vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
- New vein system adding substantial resources
Evidence · table
“1.35”
Context: 255
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 255000Contained Metal: 4.9Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:25baf09de3492a38fef4
- Deposit or zone
- Guadual
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 255000
- Contained Metal
- 4.9
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 592.9
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Guadual vein shows very high AgEq grade and contained metal, significantly contributing to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Very high AgEq grade for an underground deposit
- New vein system adding substantial resources
Evidence · table
“592.9”
Context: 255
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 326000Grade: 379Grade Unit: g/tContained Metal: 4Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:f7562341144ac850774d
- Deposit or zone
- Guadual
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 326000
- Grade
- 379
- Grade Unit
- g/t
- Contained Metal
- 4
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Guadual vein shows high silver grade and contained metal, significantly contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- High silver grade for an underground deposit
- New vein system adding substantial resources
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“379.0”
Context: 326
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 326000Grade: 1.01Grade Unit: g/tContained Metal: 0.011Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:f7562341144ac850774d
- Deposit or zone
- Guadual
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 326000
- Grade
- 1.01
- Grade Unit
- g/t
- Contained Metal
- 0.011
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Guadual vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
- New vein system adding substantial resources
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.01”
Context: 326
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 326000Contained Metal: 4.8Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:f7562341144ac850774d
- Deposit or zone
- Guadual
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 326000
- Contained Metal
- 4.8
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 459.1
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Guadual vein shows high AgEq grade and contained metal, significantly contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- High AgEq grade for an underground deposit
- New vein system adding substantial resources
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“459.1”
Context: 326
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 124000Grade: 233.8Grade Unit: g/tContained Metal: 0.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:070a6bf616632d5ea0da
- Deposit or zone
- La Porfia
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 124000
- Grade
- 233.8
- Grade Unit
- g/t
- Contained Metal
- 0.9
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Porfia vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“233.8”
Context: 124
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 124000Grade: 3.54Grade Unit: g/tContained Metal: 0.014Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:070a6bf616632d5ea0da
- Deposit or zone
- La Porfia
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 124000
- Grade
- 3.54
- Grade Unit
- g/t
- Contained Metal
- 0.014
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Porfia vein shows high gold grade, contributing significantly to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
- High gold grade for an underground deposit
Evidence · table
“3.54”
Context: 124
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 124000Contained Metal: 2Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:070a6bf616632d5ea0da
- Deposit or zone
- La Porfia
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 124000
- Contained Metal
- 2
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 513.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Porfia vein shows high AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High AgEq grade for an underground deposit
Evidence · table
“513.4”
Context: 124
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 84000Grade: 194.8Grade Unit: g/tContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:af5e4e14bb27ba5c0bc3
- Deposit or zone
- La Porfia
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 84000
- Grade
- 194.8
- Grade Unit
- g/t
- Contained Metal
- 0.5
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Porfia vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“194.8”
Context: 84
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 84000Grade: 4.01Grade Unit: g/tContained Metal: 0.011Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:af5e4e14bb27ba5c0bc3
- Deposit or zone
- La Porfia
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 84000
- Grade
- 4.01
- Grade Unit
- g/t
- Contained Metal
- 0.011
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Porfia vein shows high gold grade, contributing significantly to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
- High gold grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“4.01”
Context: 84
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 84000Contained Metal: 1.4Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:af5e4e14bb27ba5c0bc3
- Deposit or zone
- La Porfia
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 84000
- Contained Metal
- 1.4
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 511.5
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Porfia vein shows high AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- High AgEq grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“511.5”
Context: 84
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 60000Grade: 165.2Grade Unit: g/tContained Metal: 0.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:e931e9353b2b0444c71c
- Deposit or zone
- La Ye
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 60000
- Grade
- 165.2
- Grade Unit
- g/t
- Contained Metal
- 0.3
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Ye vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“165.2”
Context: 60
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 60000Grade: 1.13Grade Unit: g/tContained Metal: 0.002Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:e931e9353b2b0444c71c
- Deposit or zone
- La Ye
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 60000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 0.002
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Ye vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.13”
Context: 60
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 60000Contained Metal: 0.5Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:e931e9353b2b0444c71c
- Deposit or zone
- La Ye
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 60000
- Contained Metal
- 0.5
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 254.2
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Ye vein shows good AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“254.2”
Context: 60
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 82000Grade: 174.8Grade Unit: g/tContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:342fd5eaae5d43b3aae3
- Deposit or zone
- La Ye
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 82000
- Grade
- 174.8
- Grade Unit
- g/t
- Contained Metal
- 0.5
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Ye vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“174.8”
Context: 82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 82000Grade: 1.23Grade Unit: g/tContained Metal: 0.003Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:342fd5eaae5d43b3aae3
- Deposit or zone
- La Ye
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 82000
- Grade
- 1.23
- Grade Unit
- g/t
- Contained Metal
- 0.003
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Ye vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.23”
Context: 82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 82000Contained Metal: 0.7Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:342fd5eaae5d43b3aae3
- Deposit or zone
- La Ye
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 82000
- Contained Metal
- 0.7
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 272.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Ye vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“272.4”
Context: 82
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 194000Grade: 735.1Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:a18bcb3a58e348e84351
- Deposit or zone
- Las Maras
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 194000
- Grade
- 735.1
- Grade Unit
- g/t
- Contained Metal
- 4.6
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Las Maras vein shows exceptional silver grade and contained metal, significantly contributing to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Exceptional silver grade for an underground deposit
Evidence · table
“735.1”
Context: 194
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 194000Grade: 1.51Grade Unit: g/tContained Metal: 0.009Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:a18bcb3a58e348e84351
- Deposit or zone
- Las Maras
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 194000
- Grade
- 1.51
- Grade Unit
- g/t
- Contained Metal
- 0.009
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Las Maras vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.51”
Context: 194
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 194000Contained Metal: 5.3Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:a18bcb3a58e348e84351
- Deposit or zone
- Las Maras
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 194000
- Contained Metal
- 5.3
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 854.8
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Las Maras vein shows exceptional AgEq grade and contained metal, significantly contributing to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Exceptional AgEq grade for an underground deposit
Evidence · table
“854.8”
Context: 194
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 158000Grade: 596.9Grade Unit: g/tContained Metal: 3Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:33b65ebb30b2abd5354f
- Deposit or zone
- Las Maras
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 158000
- Grade
- 596.9
- Grade Unit
- g/t
- Contained Metal
- 3
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Las Maras vein shows very high silver grade and contained metal, significantly contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- Very high silver grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“596.9”
Context: 158
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 158000Grade: 1.94Grade Unit: g/tContained Metal: 0.01Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:33b65ebb30b2abd5354f
- Deposit or zone
- Las Maras
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 158000
- Grade
- 1.94
- Grade Unit
- g/t
- Contained Metal
- 0.01
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Las Maras vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.94”
Context: 158
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 158000Contained Metal: 3.8Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:33b65ebb30b2abd5354f
- Deposit or zone
- Las Maras
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 158000
- Contained Metal
- 3.8
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 750.6
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Las Maras vein shows very high AgEq grade and contained metal, significantly contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- Very high AgEq grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“750.6”
Context: 158
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 9000Grade: 205.6Grade Unit: g/tContained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:ac09897c22c23e656da9
- Deposit or zone
- La Isabela
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9000
- Grade
- 205.6
- Grade Unit
- g/t
- Contained Metal
- 0.1
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Isabela vein is very small, contributing minimally to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Very small tonnage and contained metal
Evidence · table
“205.6”
Context: 9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 9000Grade: 1.12Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:ac09897c22c23e656da9
- Deposit or zone
- La Isabela
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9000
- Grade
- 1.12
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Isabela vein is very small, with gold as a minor component.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Very small tonnage and contained metal
Evidence · table
“1.12”
Context: 9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 9000Contained Metal: 0.1Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:ac09897c22c23e656da9
- Deposit or zone
- La Isabela
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9000
- Contained Metal
- 0.1
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 293.9
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for La Isabela vein is very small, contributing minimally to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Very small tonnage and contained metal
Evidence · table
“293.9”
Context: 9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 73000Grade: 170.7Grade Unit: g/tContained Metal: 0.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:90e57d42863213f45edb
- Deposit or zone
- La Isabela
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 73000
- Grade
- 170.7
- Grade Unit
- g/t
- Contained Metal
- 0.4
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Isabela vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“170.7”
Context: 73
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 73000Grade: 0.99Grade Unit: g/tContained Metal: 0.002Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:90e57d42863213f45edb
- Deposit or zone
- La Isabela
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 73000
- Grade
- 0.99
- Grade Unit
- g/t
- Contained Metal
- 0.002
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Isabela vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“0.99”
Context: 73
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 73000Contained Metal: 0.6Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:90e57d42863213f45edb
- Deposit or zone
- La Isabela
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 73000
- Contained Metal
- 0.6
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 249.2
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for La Isabela vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“249.2”
Context: 73
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 170000Grade: 397Grade Unit: g/tContained Metal: 2.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:b36adce3660338deb2bf
- Deposit or zone
- Los Mangos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 170000
- Grade
- 397
- Grade Unit
- g/t
- Contained Metal
- 2.2
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Los Mangos vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“397.0”
Context: 170
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 170000Grade: 1.62Grade Unit: g/tContained Metal: 0.009Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:b36adce3660338deb2bf
- Deposit or zone
- Los Mangos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 170000
- Grade
- 1.62
- Grade Unit
- g/t
- Contained Metal
- 0.009
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Los Mangos vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.62”
Context: 170
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 170000Contained Metal: 2.9Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:b36adce3660338deb2bf
- Deposit or zone
- Los Mangos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 170000
- Contained Metal
- 2.9
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 525.1
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Los Mangos vein shows high AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High AgEq grade for an underground deposit
Evidence · table
“525.1”
Context: 170
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 78000Grade: 487.6Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:23c5481c5fe511ade120
- Deposit or zone
- Los Mangos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 78000
- Grade
- 487.6
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Los Mangos vein shows very high silver grade and contained metal, significantly contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- Very high silver grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“487.6”
Context: 78
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 78000Grade: 0.76Grade Unit: g/tContained Metal: 0.002Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:23c5481c5fe511ade120
- Deposit or zone
- Los Mangos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 78000
- Grade
- 0.76
- Grade Unit
- g/t
- Contained Metal
- 0.002
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Los Mangos vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“0.76”
Context: 78
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 78000Contained Metal: 1.4Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:23c5481c5fe511ade120
- Deposit or zone
- Los Mangos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 78000
- Contained Metal
- 1.4
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 547.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Los Mangos vein shows very high AgEq grade and contained metal, significantly contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
- Very high AgEq grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“547.4”
Context: 78
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 177000Grade: 345.2Grade Unit: g/tContained Metal: 2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:bbbf5e13a62a6c6e87b4
- Deposit or zone
- Los Naranjos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 345.2
- Grade Unit
- g/t
- Contained Metal
- 2
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Los Naranjos vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“345.2”
Context: 177
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 177000Grade: 1.07Grade Unit: g/tContained Metal: 0.006Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:bbbf5e13a62a6c6e87b4
- Deposit or zone
- Los Naranjos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 0.006
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Los Naranjos vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.07”
Context: 177
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 177000Contained Metal: 2.4Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:bbbf5e13a62a6c6e87b4
- Deposit or zone
- Los Naranjos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 177000
- Contained Metal
- 2.4
- Contained Unit
- moz ageq
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 429.5
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Los Naranjos vein shows high AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High AgEq grade for an underground deposit
Evidence · table
“429.5”
Context: 177
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 90000Grade: 215.4Grade Unit: g/tContained Metal: 0.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:7cc97c8a1f411721afa7
- Deposit or zone
- Los Naranjos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 90000
- Grade
- 215.4
- Grade Unit
- g/t
- Contained Metal
- 0.6
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Los Naranjos vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“215.4”
Context: 90
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 90000Grade: 0.62Grade Unit: g/tContained Metal: 0.002Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:7cc97c8a1f411721afa7
- Deposit or zone
- Los Naranjos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 90000
- Grade
- 0.62
- Grade Unit
- g/t
- Contained Metal
- 0.002
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Los Naranjos vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“0.62”
Context: 90
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 90000Contained Metal: 0.8Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:7cc97c8a1f411721afa7
- Deposit or zone
- Los Naranjos
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 90000
- Contained Metal
- 0.8
- Contained Unit
- moz ageq
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 264
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Los Naranjos vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“264.0”
Context: 90
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 19000Grade: 268.6Grade Unit: g/tContained Metal: 0.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:a20fee3c4fc5a05b3fb1
- Deposit or zone
- Morena
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 19000
- Grade
- 268.6
- Grade Unit
- g/t
- Contained Metal
- 0.2
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Morena vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Small tonnage and contained metal
Evidence · table
“268.6”
Context: 19
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 19000Grade: 0.71Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:a20fee3c4fc5a05b3fb1
- Deposit or zone
- Morena
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 19000
- Grade
- 0.71
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Morena vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Small tonnage and contained metal
Evidence · table
“0.71”
Context: 19
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 19000Contained Metal: 0.2Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:a20fee3c4fc5a05b3fb1
- Deposit or zone
- Morena
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 19000
- Contained Metal
- 0.2
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 325
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Morena vein shows good AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
Negative factors
- Small tonnage and contained metal
Evidence · table
“325.0”
Context: 19
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 136000Grade: 285.2Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:d53fa5a5293aae769ba5
- Deposit or zone
- Morena
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 136000
- Grade
- 285.2
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Morena vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“285.2”
Context: 136
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 136000Grade: 1.23Grade Unit: g/tContained Metal: 0.005Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:382fda2c019e7b7ae6b5
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 136000
- Grade
- 1.23
- Grade Unit
- g/t
- Contained Metal
- 0.005
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Morena vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.23”
Context: 136
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 136000Contained Metal: 1.7Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:d53fa5a5293aae769ba5
- Deposit or zone
- Morena
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 136000
- Contained Metal
- 1.7
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 382.2
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Morena vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“382.2”
Context: 136
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 155000Grade: 319.7Grade Unit: g/tContained Metal: 1.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:79ea1f41ac1fe863a279
- Deposit or zone
- Paraíso
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 155000
- Grade
- 319.7
- Grade Unit
- g/t
- Contained Metal
- 1.6
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Paraíso vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“319.7”
Context: 155
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 155000Grade: 3.98Grade Unit: g/tContained Metal: 0.02Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:79ea1f41ac1fe863a279
- Deposit or zone
- Paraíso
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 155000
- Grade
- 3.98
- Grade Unit
- g/t
- Contained Metal
- 0.02
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Paraíso vein shows exceptional gold grade, contributing significantly to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
- Exceptional gold grade for an underground deposit
Evidence · table
“3.98”
Context: 155
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 155000Contained Metal: 3.2Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:79ea1f41ac1fe863a279
- Deposit or zone
- Paraíso
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 155000
- Contained Metal
- 3.2
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 634.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Paraíso vein shows very high AgEq grade and contained metal, significantly contributing to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- Very high AgEq grade for an underground deposit
Evidence · table
“634.4”
Context: 155
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 201000Grade: 183.5Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:4af6539d6e79e15a8250
- Deposit or zone
- Paraíso
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 201000
- Grade
- 183.5
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Paraíso vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“183.5”
Context: 201
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 201000Grade: 1.9Grade Unit: g/tContained Metal: 0.012Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:4af6539d6e79e15a8250
- Deposit or zone
- Paraíso
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 201000
- Grade
- 1.9
- Grade Unit
- g/t
- Contained Metal
- 0.012
- Contained Unit
- moz
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Paraíso vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.90”
Context: 201
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 201000Contained Metal: 2.2Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:4af6539d6e79e15a8250
- Deposit or zone
- Paraíso
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 201000
- Contained Metal
- 2.2
- Contained Unit
- moz ageq
- Cutoff Grade
- 130
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 333.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Paraíso vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“333.4”
Context: 201
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 176000Grade: 357.9Grade Unit: g/tContained Metal: 2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:0bb4ae232177842798e8
- Deposit or zone
- Santa Ana
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 176000
- Grade
- 357.9
- Grade Unit
- g/t
- Contained Metal
- 2
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Santa Ana vein shows good silver grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“357.9”
Context: 176
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 176000Grade: 1.12Grade Unit: g/tContained Metal: 0.006Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:0bb4ae232177842798e8
- Deposit or zone
- Santa Ana
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 176000
- Grade
- 1.12
- Grade Unit
- g/t
- Contained Metal
- 0.006
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Santa Ana vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.12”
Context: 176
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 176000Contained Metal: 2.5Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:0bb4ae232177842798e8
- Deposit or zone
- Santa Ana
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 176000
- Contained Metal
- 2.5
- Contained Unit
- moz ageq
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 446.4
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Indicated resource for Santa Ana vein shows high AgEq grade and contained metal, contributing positively to the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High AgEq grade for an underground deposit
Evidence · table
“446.4”
Context: 176
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 426000Grade: 263.2Grade Unit: g/tContained Metal: 3.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:b3f2b519def0f1d244a4
- Deposit or zone
- Santa Ana
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 426000
- Grade
- 263.2
- Grade Unit
- g/t
- Contained Metal
- 3.6
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Santa Ana vein shows good silver grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“263.2”
Context: 426
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 426000Grade: 0.72Grade Unit: g/tContained Metal: 0.01Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:b3f2b519def0f1d244a4
- Deposit or zone
- Santa Ana
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 426000
- Grade
- 0.72
- Grade Unit
- g/t
- Contained Metal
- 0.01
- Contained Unit
- moz
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Santa Ana vein includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“0.72”
Context: 426
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 426000Contained Metal: 4.4Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:b3f2b519def0f1d244a4
- Deposit or zone
- Santa Ana
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 426000
- Contained Metal
- 4.4
- Contained Unit
- moz ageq
- Cutoff Grade
- 95
- Cutoff Unit
- g/t AgEq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 319.9
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Inferred resource for Santa Ana vein shows good AgEq grade and contained metal, contributing to the overall resource growth.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“319.9”
Context: 426
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 1793000Grade: 376.4Grade Unit: g/tContained Metal: 21.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:d2758bcd789cdef4a7b0
- Deposit or zone
- Total
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1793000
- Grade
- 376.4
- Grade Unit
- g/t
- Contained Metal
- 21.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Total Indicated resource shows significant silver contained metal and good grade, representing a substantial portion of the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High silver grade for an underground deposit
Evidence · table
“376.4”
Context: 1,793
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · goldTonnes: 1793000Grade: 1.8Grade Unit: g/tContained Metal: 0.104Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:d2758bcd789cdef4a7b0
- Deposit or zone
- Total
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1793000
- Grade
- 1.8
- Grade Unit
- g/t
- Contained Metal
- 0.104
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Total Indicated resource includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Indicated resource category provides high confidence
Evidence · table
“1.80”
Context: 1,793
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
indicatedSanta Ana · silverTonnes: 1793000Contained Metal: 29.9Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:d2758bcd789cdef4a7b0
- Deposit or zone
- Total
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1793000
- Contained Metal
- 29.9
- Contained Unit
- moz ageq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 518.7
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Total Indicated resource shows significant AgEq contained metal and high grade, representing a substantial portion of the overall MRE.
Positive factors
- Indicated resource category provides high confidence
- High AgEq grade for an underground deposit
- Contained metal growth vs prior estimate
Evidence · table
“518.7”
Context: 1,793
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 2352000Grade: 266.4Grade Unit: g/tContained Metal: 20.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:c01e0eb73de971f03a23
- Deposit or zone
- Total
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2352000
- Grade
- 266.4
- Grade Unit
- g/t
- Contained Metal
- 20.1
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Total Inferred resource shows significant silver contained metal and good grade, representing a substantial portion of the overall MRE.
Positive factors
- Significant increase in Inferred resources for the project
- High silver grade for an underground deposit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“266.4”
Context: 2,352
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · goldTonnes: 2352000Grade: 1.29Grade Unit: g/tContained Metal: 0.098Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- gold
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:c01e0eb73de971f03a23
- Deposit or zone
- Total
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2352000
- Grade
- 1.29
- Grade Unit
- g/t
- Contained Metal
- 0.098
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Total Inferred resource includes gold as a secondary commodity, contributing to the overall AgEq.
Positive factors
- Significant increase in Inferred resources for the project
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.29”
Context: 2,352
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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
inferredSanta Ana · silverTonnes: 2352000Contained Metal: 27.9Contained Unit: moz ageqView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- OCG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-10T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Warren Black
- Resource group id
- resource:c01e0eb73de971f03a23
- Deposit or zone
- Total
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2352000
- Contained Metal
- 27.9
- Contained Unit
- moz ageq
Prior Estimate
- Resource Date
- 2026-09-10
Metal Equivalent
- Metal Eq. Grade
- 368.5
- Metal Eq. Unit
- g/t AgEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- Actlabs
Location
- CRS
- North American Datum 1983 / UTM Zone 15N
- EPSG
- 26915
- Loc. Confidence
- medium
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Total Inferred resource shows significant AgEq contained metal and good grade, representing a substantial portion of the overall MRE.
Positive factors
- Significant increase in Inferred resources for the project
- High AgEq grade for an underground deposit
- Contained metal growth vs prior estimate
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“368.5”
Context: 2,352
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.