# Peregrine Metals Ltd \(TSE: PGM\): Junior Resource Stock of the Week by Ubika Research

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/peregrine-metals-ltd-tse-pgm-junior-resource-stock-of-the-week-by-ubika-research--82c886fc-3420-42ed-a492-5dece84067fa

Original source: https://money.tmx.com/en/quote/PGM/news/34167514/peregrine-metals-ltd-tse-pgm-junior-resource-stock-of-the-week-by-ubika-research

Publisher: tmx

Original announcement: 2010-10-12T13:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Peregrine Metals Ltd

- Ticker: PGM

- Exchange: TSX

- Region: Argentina

- Primary commodity: Copper

- Secondary commodities: Gold

- Document categories: Resource update, Other

- Extracted: 2026-09-12 19:18:14 UTC

Narrative sentiment: 0.50 · Bullish

## Minestarters Atlas summary

Ubika Research released a profile report on Peregrine Metals Ltd, highlighting its Altar porphyry copper-gold project in Argentina. The report notes an NI 43-101 resource of 7.41 billion pounds of copper and 1.53 million ounces of gold.

Reasoning: The document is a research profile summarizing an existing NI 43-101 resource for the Altar project.

- Positive factor: Large porphyry copper-gold deposit

- Positive factor: Advanced stage exploration project

- Positive factor: NI 43-101 compliant resource

Facts used in scoring: 2

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The document explicitly mentions an NI 43-101 resource.

Evidence · text

> It has NI 43-101 resource

**Maiden Resource**

Polarity: neutral

Definition: 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: The document describes the resource but does not explicitly state it is a maiden resource; however, it is presented as a key project highlight.

Evidence · text

> It has NI 43-101 resource of 7.41 billion pounds of copper

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/peregrine-metals-ltd-tse-pgm-junior-resource-stock-of-the-week-by-ubika-research--82c886fc-3420-42ed-a492-5dece84067fa#fact-resource-facts-0)

Altar · copper

#### Identity

- Project: Altar
- Commodity: copper
- Region: argentina
- Reported Region: Argentina
- Ticker: PGM

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:00571c3794d67f2ca258
- Deposit or zone: Altar

#### Resource Data

- Category: indicated
- Contained Metal: 7410000000
- Contained Unit: lb
- Cutoff Grade: 0.3
- Cutoff Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2010-10-12T00:00:00.000Z

Reasoning: Large copper resource reported under NI 43-101.

- Positive factor: Large scale copper resource

Evidence · text

> NI 43-101 resource of 7.41 billion pounds of copper and 1.53 million ounces of gold at a cut-off grade of 0.3% in the measured and indicated categories

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/peregrine-metals-ltd-tse-pgm-junior-resource-stock-of-the-week-by-ubika-research--82c886fc-3420-42ed-a492-5dece84067fa#fact-resource-facts-1)

Altar · gold

#### Identity

- Project: Altar
- Commodity: gold
- Region: argentina
- Reported Region: Argentina
- Ticker: PGM

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:00571c3794d67f2ca258
- Deposit or zone: Altar

#### Resource Data

- Category: indicated
- Contained Metal: 1.53
- Contained Unit: moz
- Cutoff Grade: 0.3
- Cutoff Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2010-10-12T00:00:00.000Z

Reasoning: Significant gold resource reported under NI 43-101.

- Positive factor: Significant gold resource

Evidence · text

> NI 43-101 resource of 7.41 billion pounds of copper and 1.53 million ounces of gold at a cut-off grade of 0.3% in the measured and indicated categories

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

## 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.
