OUTCROP SILVER ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE SANTA ANA PRIMARY SILVER PROJECT
Original announcement by cnw on
- Company
- Outcrop Silver & Gold Corporation
- Ticker
- OCG
- Exchange
- Unavailable
- Region
- Unavailable
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Resource update
- Extracted
- 2026-09-14 11:39:47 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Outcrop Silver announced an updated Mineral Resource Estimate for its Santa Ana project, reporting 29.9 Moz AgEq Indicated resources at 518.7 g/t AgEq and 27.9 Moz AgEq Inferred resources at 368.5 g/t AgEq. Indicated resources increased by 23.5% and Inferred resources by 106.3% compared to the maiden estimate, despite more rigorous classification standards. The estimate confirms the project's high-grade nature and significant growth potential, with several new vein systems contributing to the resource base.
Reasoning: The updated MRE shows substantial growth in Inferred resources and a solid increase in Indicated resources, confirming the high-grade nature and expansion potential of the Santa Ana project. The rigorous classification standards enhance confidence in the reported figures.
Positive factors
- Significant increase in Inferred resources (106.3% AgEq) indicating strong growth potential.
- High average grades for both Indicated (518.7 g/t AgEq) and Inferred (368.5 g/t AgEq) resources.
- Indicated resources increased by 23.5% AgEq despite more rigorous classification standards.
- Maiden resource for several new vein systems (Guadual, Aguilar) adding substantial resources.
- NI 43-101 compliant estimate prepared by APEX Geoscience Ltd. with QP sign-off.
- Clear disclosure of metal equivalent assumptions, cut-off grades, and mining methods.
Negative factors
- No absolute prior figures for tonnage or grade were provided for direct comparison, only percentage changes.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 56
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Evidence · text
“in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (" NI 43-101 ").”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Warren Black, M.Sc., P.Geo., Senior Consultant of APEX Geoscience Ltd., is deemed a Qualified Person and is responsible for the mineral resource estimation.
Evidence · text
“Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics of APEX Geoscience Ltd., who is deemed a Qualified Person as defined by NI 43-101, is responsible for the completion of the mineral resource estimation”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: Contained AgEq ounces in Indicated resources increased 23.5% and Inferred resources increased 106.3% compared to the maiden MRE.
Evidence · text
“Contained AgEq ounces in Indicated resources in the Updated MRE increased 23.5% compared to the maiden mineral resource estimate... Inferred resources increased 106.3% to 27.9 Moz AgEq.”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
Why it applies: New vein systems like Guadual and Aguilar have added substantial resources to the Updated MRE, indicating they are new to the resource estimate.
Evidence · text
“New vein systems like Guadual and Aguilar have added substantial resources to the Updated MRE”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document announces an 'updated mineral resource estimate' for the Santa Ana project.
Evidence · text
“OUTCROP SILVER ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR THE SANTA ANA PRIMARY SILVER PROJECT”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Updated MRE uses a cut-off grade of 95 g/t AgEq for Santa Ana and Los Naranjos veins and 130 g/t AgEq for all other veins.
Evidence · text
“uses a cut-off grade of 95 g/t AgEq for the Santa Ana and Los Naranjos veins and 130 g/t AgEq at all other veins.”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The updated MRE includes 27.9 Moz AgEq in the Inferred category.
Evidence · text
“Inferred resources with 27.9 Moz AgEq”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The updated MRE includes 29.9 Moz AgEq in the Indicated category.
Evidence · text
“Indicated resources with 29.9 million ounces (" Moz ") silver-equivalent”
Extracted facts
Stored fact records: 56. Some facts used in scoring do not have a stored record.
Resource Estimates (56)
indicatedSanta Ana · silverTonnes: 373000Grade: 221.1Grade Unit: g/tContained Metal: 2.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:ad13bd7408b2702919c6
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Aguilar contributes a substantial Indicated silver resource with good grades, representing a new vein system in the updated MRE.
Positive factors
- High silver grade (221.1 g/t) in Indicated category.
- Significant contained silver (2.7 Moz).
- Part of a new vein system adding to the resource base.
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
- 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:ad13bd7408b2702919c6
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Aguilar contributes a moderate Indicated gold resource, supporting the polymetallic nature of the deposit.
Positive factors
- Gold grade of 1.61 g/t contributes to the overall AgEq value.
- Part of a new vein system adding to the resource base.
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
inferredSanta Ana · silverTonnes: 582000Grade: 175.5Grade Unit: g/tContained Metal: 3.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:e0812d1d03bba28b4a4e
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Aguilar's Inferred silver resource adds significant growth potential to the project with good grades.
Positive factors
- Substantial Inferred silver resource (3.3 Moz) with good grade (175.5 g/t).
- Indicates significant potential for resource expansion and conversion.
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
- 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:e0812d1d03bba28b4a4e
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Aguilar's Inferred gold resource provides additional value and supports the polymetallic nature of the deposit.
Positive factors
- Gold grade of 1.26 g/t contributes to the overall AgEq value in the Inferred category.
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
indicatedSanta Ana · silverTonnes: 77000Grade: 502.3Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:3f160881c254a7b2c5b0
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: El Dorado contributes a high-grade Indicated silver resource, significantly boosting the overall project grade profile.
Positive factors
- Exceptionally high silver grade (502.3 g/t) in Indicated category.
- Strong contained silver (1.2 Moz) for its tonnage.
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
- 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:3f160881c254a7b2c5b0
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: El Dorado's Indicated gold resource adds to the high-grade nature of this vein system.
Positive factors
- Good gold grade (2.33 g/t) in Indicated category, enhancing overall value.
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
inferredSanta Ana · silverTonnes: 97000Grade: 169Grade Unit: g/tContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:0ed8b78b2eac76fc649f
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: El Dorado's Inferred silver resource provides additional growth potential with solid grades.
Positive factors
- Good silver grade (169 g/t) in Inferred category, indicating potential for future upgrades.
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
- 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:0ed8b78b2eac76fc649f
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: El Dorado's Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 1.67 g/t in Inferred category supports overall value.
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
indicatedSanta Ana · silverTonnes: 4000Grade: 117.5Grade Unit: g/tContained Metal: 0Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:72b685268743049345ae
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Esp Santo has a very small Indicated silver resource, contributing minimally to the overall project.
Positive factors
- Indicated silver resource with a grade of 117.5 g/t.
Negative factors
- Very small tonnage (4 kt) and negligible 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
- 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:72b685268743049345ae
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Esp Santo has a very small Indicated gold resource, contributing minimally to the overall project.
Positive factors
- Indicated gold resource with a grade of 1.01 g/t.
Negative factors
- Very small tonnage (4 kt) and negligible 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
inferredSanta Ana · silverTonnes: 18000Grade: 89.2Grade Unit: g/tContained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:e456f41171601b401fc6
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Esp Santo has a small Inferred silver resource, contributing marginally to the overall project.
Positive factors
- Inferred silver resource with a grade of 89.2 g/t.
Negative factors
- Small tonnage (18 kt) and limited 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
- 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:e456f41171601b401fc6
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Esp Santo has a small Inferred gold resource, contributing marginally to the overall project.
Positive factors
- Inferred gold resource with a grade of 1.19 g/t.
Negative factors
- Small tonnage (18 kt) and limited 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
indicatedSanta Ana · silverTonnes: 255000Grade: 486.4Grade Unit: g/tContained Metal: 4Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:b2c8957465f2d6bec0dc
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Guadual is a significant new contributor to the Indicated silver resource with excellent grades, enhancing the project's overall value.
Positive factors
- Very high silver grade (486.4 g/t) in Indicated category.
- Substantial contained silver (4.0 Moz).
- New vein system adding significant resources to the project.
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
- 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:b2c8957465f2d6bec0dc
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Guadual's Indicated gold resource supports the polymetallic nature and adds value to the new vein system.
Positive factors
- Gold grade of 1.35 g/t contributes to the overall AgEq value.
- New vein system adding resources to the project.
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
inferredSanta Ana · silverTonnes: 326000Grade: 379Grade Unit: g/tContained Metal: 4Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:ffd1a3758118bb856c76
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Guadual's Inferred silver resource is a significant contributor to the project's growth potential with excellent grades.
Positive factors
- High silver grade (379 g/t) in Inferred category.
- Substantial contained silver (4.0 Moz), indicating strong growth potential.
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
- 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:ffd1a3758118bb856c76
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Guadual's Inferred gold resource adds to the polymetallic nature and growth potential of this new vein system.
Positive factors
- Gold grade of 1.01 g/t contributes to the overall AgEq value in the Inferred category.
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
indicatedSanta Ana · silverTonnes: 124000Grade: 233.8Grade Unit: g/tContained Metal: 0.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:0a8dfa0cca50fabc4224
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Porfia provides a solid Indicated silver resource with good grades, adding to the project's confidence.
Positive factors
- Good silver grade (233.8 g/t) in Indicated category.
- Contributes to the overall Indicated resource base.
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
- 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:0a8dfa0cca50fabc4224
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Porfia's Indicated gold resource is a strong contributor to the overall value of this vein system.
Positive factors
- Very high gold grade (3.54 g/t) in Indicated category, significantly boosting AgEq.
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
inferredSanta Ana · silverTonnes: 84000Grade: 194.8Grade Unit: g/tContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:f2ad168a7fb5b4573676
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Porfia's Inferred silver resource adds to the growth potential with solid grades.
Positive factors
- Good silver grade (194.8 g/t) in Inferred category, indicating potential for future upgrades.
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
- 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:f2ad168a7fb5b4573676
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Porfia's Inferred gold resource is a very strong contributor to the overall value and growth potential of this vein system.
Positive factors
- Exceptional gold grade (4.01 g/t) in Inferred category, indicating high-value potential.
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
indicatedSanta Ana · silverTonnes: 60000Grade: 165.2Grade Unit: g/tContained Metal: 0.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:92c4c824d906530235d2
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Ye contributes a solid Indicated silver resource with good grades.
Positive factors
- Good silver grade (165.2 g/t) in Indicated category.
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
- 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:92c4c824d906530235d2
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Ye's Indicated gold resource adds to the overall value of this vein system.
Positive factors
- Gold grade of 1.13 g/t in Indicated category.
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
inferredSanta Ana · silverTonnes: 82000Grade: 174.8Grade Unit: g/tContained Metal: 0.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:4b5d708f26f7c445ac78
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Ye's Inferred silver resource adds to the growth potential with solid grades.
Positive factors
- Good silver grade (174.8 g/t) in Inferred category, indicating potential for future upgrades.
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
- 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:4b5d708f26f7c445ac78
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Ye's Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 1.23 g/t in Inferred category supports overall value.
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
indicatedSanta Ana · silverTonnes: 194000Grade: 735.1Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:c05cf0c17d0ff2e9ab02
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Las Maras is a standout contributor to the Indicated silver resource with extremely high grades, significantly enhancing the project's overall quality.
Positive factors
- Exceptional silver grade (735.1 g/t) in Indicated category, one of the highest in the project.
- Significant contained silver (4.6 Moz).
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
- 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:c05cf0c17d0ff2e9ab02
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Las Maras' Indicated gold resource adds to the high-grade nature of this vein system.
Positive factors
- Gold grade of 1.51 g/t in Indicated category, supporting the high AgEq value.
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
inferredSanta Ana · silverTonnes: 158000Grade: 596.9Grade Unit: g/tContained Metal: 3Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:c426486235ecc65de497
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Las Maras' Inferred silver resource is a major high-grade contributor to the project's growth potential.
Positive factors
- Very high silver grade (596.9 g/t) in Inferred category, indicating significant high-grade potential.
- Substantial contained silver (3.0 Moz).
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
- 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:c426486235ecc65de497
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Las Maras' Inferred gold resource adds to the high-grade nature and growth potential of this vein system.
Positive factors
- Good gold grade (1.94 g/t) in Inferred category, supporting high AgEq value.
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
indicatedSanta Ana · silverTonnes: 9000Grade: 205.6Grade Unit: g/tContained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:1bf27641b43e1af4a307
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Isabela contributes a small but high-grade Indicated silver resource.
Positive factors
- Good silver grade (205.6 g/t) in Indicated category.
Negative factors
- Small tonnage (9 kt) and limited 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
- 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:1bf27641b43e1af4a307
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Isabela's Indicated gold resource is small but contributes to the overall value.
Positive factors
- Gold grade of 1.12 g/t in Indicated category.
Negative factors
- Small tonnage (9 kt) and negligible 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
inferredSanta Ana · silverTonnes: 73000Grade: 170.7Grade Unit: g/tContained Metal: 0.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:d83465169a71c1632840
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Isabela's Inferred silver resource adds to the growth potential with solid grades.
Positive factors
- Good silver grade (170.7 g/t) in Inferred category, indicating potential for future upgrades.
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
- 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:d83465169a71c1632840
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: La Isabela's Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 0.99 g/t in Inferred category.
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
indicatedSanta Ana · silverTonnes: 170000Grade: 397Grade Unit: g/tContained Metal: 2.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:3bafedf6a0e9d41cb4cc
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Mangos contributes a strong Indicated silver resource with high grades, adding to the project's confidence.
Positive factors
- High silver grade (397 g/t) in Indicated category.
- Solid contained silver (2.2 Moz).
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
- 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:3bafedf6a0e9d41cb4cc
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Mangos' Indicated gold resource adds to the polymetallic nature of this vein system.
Positive factors
- Gold grade of 1.62 g/t in Indicated category, supporting overall value.
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
inferredSanta Ana · silverTonnes: 78000Grade: 487.6Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:f086bd5cea5d6f3a307e
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Mangos' Inferred silver resource is a strong high-grade contributor to the project's growth potential.
Positive factors
- Very high silver grade (487.6 g/t) in Inferred category, indicating significant high-grade potential.
- Good contained silver (1.2 Moz).
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
- 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:f086bd5cea5d6f3a307e
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Mangos' Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 0.76 g/t in Inferred category.
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
indicatedSanta Ana · silverTonnes: 177000Grade: 345.2Grade Unit: g/tContained Metal: 2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:bfb8c06c351828654fff
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Naranjos contributes a strong Indicated silver resource with high grades, adding to the project's confidence.
Positive factors
- High silver grade (345.2 g/t) in Indicated category.
- Solid contained silver (2.0 Moz).
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
- 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:bfb8c06c351828654fff
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Naranjos' Indicated gold resource adds to the polymetallic nature of this vein system.
Positive factors
- Gold grade of 1.07 g/t in Indicated category, supporting overall value.
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
inferredSanta Ana · silverTonnes: 90000Grade: 215.4Grade Unit: g/tContained Metal: 0.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:3fdf7e745b91b4309ea9
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Naranjos' Inferred silver resource adds to the growth potential with solid grades.
Positive factors
- Good silver grade (215.4 g/t) in Inferred category, indicating potential for future upgrades.
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
- 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:3fdf7e745b91b4309ea9
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Los Naranjos' Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 0.62 g/t in Inferred category.
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
indicatedSanta Ana · silverTonnes: 19000Grade: 268.6Grade Unit: g/tContained Metal: 0.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:852e5c0fd2479acbd6fe
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Morena contributes a small but high-grade Indicated silver resource.
Positive factors
- Good silver grade (268.6 g/t) in Indicated category.
Negative factors
- Small tonnage (19 kt) and limited 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
- 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:852e5c0fd2479acbd6fe
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Morena's Indicated gold resource is small but contributes to the overall value.
Positive factors
- Gold grade of 0.71 g/t in Indicated category.
Negative factors
- Small tonnage (19 kt) and negligible 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
inferredSanta Ana · silverTonnes: 136000Grade: 285.2Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:794274b91da1dc772842
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Morena's Inferred silver resource adds to the growth potential with solid grades.
Positive factors
- Good silver grade (285.2 g/t) in Inferred category.
- Solid contained silver (1.2 Moz), indicating potential for future upgrades.
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
- 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:794274b91da1dc772842
- Deposit or zone
- Morena
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Morena's Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 1.23 g/t in Inferred category supports overall value.
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
indicatedSanta Ana · silverTonnes: 155000Grade: 319.7Grade Unit: g/tContained Metal: 1.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:7f4070e44fd46c8c302b
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Paraíso contributes a strong Indicated silver resource with high grades, adding to the project's confidence.
Positive factors
- High silver grade (319.7 g/t) in Indicated category.
- Solid contained silver (1.6 Moz).
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
- 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:7f4070e44fd46c8c302b
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Paraíso's Indicated gold resource is a very strong contributor to the overall value of this vein system.
Positive factors
- Exceptional gold grade (3.98 g/t) in Indicated category, significantly boosting AgEq.
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
inferredSanta Ana · silverTonnes: 201000Grade: 183.5Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:0b9bf6b77e369f85f700
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Paraíso's Inferred silver resource adds to the growth potential with solid grades.
Positive factors
- Good silver grade (183.5 g/t) in Inferred category.
- Solid contained silver (1.2 Moz), indicating potential for future upgrades.
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
- 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:0b9bf6b77e369f85f700
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Paraíso's Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Good gold grade (1.90 g/t) in Inferred category supports overall value.
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
indicatedSanta Ana · silverTonnes: 176000Grade: 357.9Grade Unit: g/tContained Metal: 2Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:bef0519edfa1ef41d5b2
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Santa Ana vein contributes a strong Indicated silver resource with high grades, adding to the project's confidence.
Positive factors
- High silver grade (357.9 g/t) in Indicated category.
- Solid contained silver (2.0 Moz).
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
- 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:bef0519edfa1ef41d5b2
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Santa Ana vein's Indicated gold resource adds to the polymetallic nature of this vein system.
Positive factors
- Gold grade of 1.12 g/t in Indicated category, supporting overall value.
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
inferredSanta Ana · silverTonnes: 426000Grade: 263.2Grade Unit: g/tContained Metal: 3.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:85648302012606bb87ce
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Santa Ana vein's Inferred silver resource is a significant contributor to the project's growth potential with solid grades.
Positive factors
- Good silver grade (263.2 g/t) in Inferred category.
- Substantial contained silver (3.6 Moz), indicating strong growth potential.
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
- 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:85648302012606bb87ce
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: Santa Ana vein's Inferred gold resource contributes to the polymetallic nature and growth potential.
Positive factors
- Gold grade of 0.72 g/t in Inferred category.
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
indicatedSanta Ana · silverTonnes: 1793000Grade: 376.4Grade Unit: g/tContained Metal: 21.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:856f52d125a3471bfb6d
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The total Indicated silver resource is substantial and high-grade, forming a strong foundation for the project.
Positive factors
- Total Indicated silver resource of 21.7 Moz at a high grade of 376.4 g/t.
- Represents a significant and confident resource base for the project.
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
- 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:856f52d125a3471bfb6d
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The total Indicated gold resource adds substantial value and confirms the polymetallic nature of the project.
Positive factors
- Total Indicated gold resource of 0.104 Moz at a good grade of 1.80 g/t.
- Significantly contributes to the overall AgEq value.
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
inferredSanta Ana · silverTonnes: 2352000Grade: 266.4Grade Unit: g/tContained Metal: 20.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Santa Ana
- Commodity
- silver
- 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:1993b38ab28dbd5c281c
- 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
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The total Inferred silver resource is substantial and high-grade, indicating strong future growth and conversion potential.
Positive factors
- Total Inferred silver resource of 20.1 Moz at a good grade of 266.4 g/t.
- Represents significant growth potential for the project (106.3% increase in AgEq).
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
- 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:1993b38ab28dbd5c281c
- 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
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-14T00:00:00.000Z
Reasoning: The total Inferred gold resource adds substantial value and confirms the polymetallic nature and growth potential of the project.
Positive factors
- Total Inferred gold resource of 0.098 Moz at a good grade of 1.29 g/t.
- Significantly contributes to the overall AgEq value and growth potential.
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
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.