# Perseus Updates Mineral Resources and Ore Reserve Estimates

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306

Original source: https://www.globenewswire.com/news-release/2026/08/25/3350998/0/en/perseus-updates-mineral-resources-and-ore-reserve-estimates.html

Publisher: globenewswire

Original announcement: 2026-08-25T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Perseus Mining Limited

- Ticker: PRU

- Exchange: Unavailable

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update, Other

- Extracted: 2026-09-12 02:00:53 UTC

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas summary

Perseus Mining has updated its Mineral Resource and Ore Reserve estimates as of 30 June 2026. The update shows a 37% increase in M&amp;I Mineral Resources to 10.6 Moz gold and a 40% increase in Proved &amp; Probable Ore Reserves to 7.0 Moz gold compared to 2025 levels.

Reasoning: Significant increases in both M&amp;I Mineral Resources \(37%\) and Proved &amp; Probable Ore Reserves \(40%\) across the portfolio, driven by project growth and optimization.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Positive factor: Category Upgrade

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

Facts used in scoring: 20

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: M&amp;I Mineral Resources increased by 37% \(2.9 Moz\) compared to 2025.

Evidence · text

> reflecting a 2.9 Moz or 37% increase

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Proved and Probable Ore Reserves increased by 2.0 Moz \(40%\) compared to 2025.

Evidence · text

> representing a 2.0 Moz or 40% increase

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: Estimates are reported in accordance with the 2012 JORC Code.

Evidence · text

> reported in accordance with the 2012 Australasian Code

**QP/CP Signed**

Polarity: positive

Definition: 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: Competent Persons Daniel Saunders and Adrian Ralph are named and provide consent.

Evidence · text

> based on, and fairly represents, information and supporting documentation prepared by Daniel Saunders, a Competent Person

## Extracted facts

Stored fact records: 20. Some facts used in scoring do not have a stored record.

## Resource Estimates (20)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-0)

Edikan · gold

#### Identity

- Project: Edikan
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:594e4fbe7e3d435cb4d7

#### Resource Data

- Category: measured
- Tonnes: 21200000
- Grade: 0.89
- Grade Unit: g/t
- Contained Metal: 604000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Measured resource component of Edikan project.

Evidence · table

> 0.89

Context: 21.2

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-1)

Edikan · gold

#### Identity

- Project: Edikan
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:56a7be4f6067269b79bd

#### Resource Data

- Category: indicated
- Tonnes: 68200000
- Grade: 0.88
- Grade Unit: g/t
- Contained Metal: 1923000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Indicated resource component of Edikan project.

Evidence · table

> 0.88

Context: 68.2

#### 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-2)

Sissingué · gold

#### Identity

- Project: Sissingué
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:48f5a45db859c70e4853

#### Resource Data

- Category: measured
- Tonnes: 1700000
- Grade: 1.23
- Grade Unit: g/t
- Contained Metal: 66000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Measured resource component of Sissingué project.

Evidence · table

> 1.23

Context: 1.7

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-3)

Sissingué · gold

#### Identity

- Project: Sissingué
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:c243c3c82c459b2b35c9

#### Resource Data

- Category: indicated
- Tonnes: 10800000
- Grade: 1.37
- Grade Unit: g/t
- Contained Metal: 475000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Indicated resource component of Sissingué project.

Evidence · table

> 1.37

Context: 10.8

#### 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-4)

Yaouré · gold

#### Identity

- Project: Yaouré
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:05048b9502f2fbbefae4

#### Resource Data

- Category: measured
- Tonnes: 12400000
- Grade: 0.73
- Grade Unit: g/t
- Contained Metal: 292000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Measured resource component of Yaouré project.

Evidence · table

> 0.73

Context: 12.4

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-5)

Yaouré · gold

#### Identity

- Project: Yaouré
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:9085730a678beb339c47

#### Resource Data

- Category: indicated
- Tonnes: 45600000
- Grade: 1.75
- Grade Unit: g/t
- Contained Metal: 2565000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Indicated resource component of Yaouré project.

Evidence · table

> 1.75

Context: 45.6

#### 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-6)

Nyanzaga · gold

#### Identity

- Project: Nyanzaga
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:7099257c59d116e90320

#### Resource Data

- Category: indicated
- Tonnes: 110400000
- Grade: 1.33
- Grade Unit: g/t
- Contained Metal: 4715000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Indicated resource component of Nyanzaga project.

Evidence · table

> 1.33

Context: 110.4

#### 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-7)

Nyanzaga · gold

#### Identity

- Project: Nyanzaga
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Daniel Saunders
- Resource group id: resource:23f93068a05aa9a56b02

#### Resource Data

- Category: inferred
- Tonnes: 6500000
- Grade: 1.6
- Grade Unit: g/t
- Contained Metal: 343000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Inferred resource component of Nyanzaga project.

Evidence · table

> 1.6

Context: 6.5

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-8)

Edikan · gold

#### Identity

- Project: Edikan
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:2ba60458b530105e9b33

#### Resource Data

- Category: proven
- Tonnes: 12700000
- Grade: 0.87
- Grade Unit: g/t
- Contained Metal: 355000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Proved ore reserve component of Edikan project.

Evidence · table

> 0.87

Context: 12.7

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-9)

Edikan · gold

#### Identity

- Project: Edikan
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:e527408ee4688bc62f23

#### Resource Data

- Category: probable
- Tonnes: 20200000
- Grade: 0.99
- Grade Unit: g/t
- Contained Metal: 643000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Probable ore reserve component of Edikan project.

Evidence · table

> 0.99

Context: 20.2

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-10)

Sissingué · gold

#### Identity

- Project: Sissingué
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:93470de2b609639706f5

#### Resource Data

- Category: proven
- Tonnes: 1000000
- Grade: 1.34
- Grade Unit: g/t
- Contained Metal: 43000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Proved ore reserve component of Sissingué project.

Evidence · table

> 1.34

Context: 1.0

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-11)

Sissingué · gold

#### Identity

- Project: Sissingué
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:07627358b5ea0f23dfe7

#### Resource Data

- Category: probable
- Tonnes: 4100000
- Grade: 1.43
- Grade Unit: g/t
- Contained Metal: 190000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Probable ore reserve component of Sissingué project.

Evidence · table

> 1.43

Context: 4.1

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-12)

Yaouré · gold

#### Identity

- Project: Yaouré
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:5a5c72d3bc29d3cab431

#### Resource Data

- Category: proven
- Tonnes: 12400000
- Grade: 0.73
- Grade Unit: g/t
- Contained Metal: 292000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Proved ore reserve component of Yaouré project.

Evidence · table

> 0.73

Context: 12.4

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-13)

Yaouré · gold

#### Identity

- Project: Yaouré
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:474384b7b053159f4b2f

#### Resource Data

- Category: probable
- Tonnes: 29100000
- Grade: 1.46
- Grade Unit: g/t
- Contained Metal: 1369000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Probable ore reserve component of Yaouré project.

Evidence · table

> 1.46

Context: 29.1

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-14)

Nyanzaga · gold

#### Identity

- Project: Nyanzaga
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Adrian Ralph
- Resource group id: resource:d8d3aaac1f0db4ce6a4e

#### Resource Data

- Category: probable
- Tonnes: 95700000
- Grade: 1.33
- Grade Unit: g/t
- Contained Metal: 4109000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Probable ore reserve component of Nyanzaga project.

Evidence · table

> 1.33

Context: 95.7

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-15)

Edikan · gold

#### Identity

- Project: Edikan
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:74a021a7585f111ce697

#### Resource Data

- Category: inferred
- Tonnes: 16700000
- Grade: 1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.0

Context: 16.7

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-16)

Sissingué3 · gold

#### Identity

- Project: Sissingué3
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d383dad643848e45c000

#### Resource Data

- Category: measured
- Tonnes: 1700000
- Grade: 1.23
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.23

Context: 1.7

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-17)

Sissingué3 · gold

#### Identity

- Project: Sissingué3
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:f9cc0855f3e85bc43fd2

#### Resource Data

- Category: indicated
- Tonnes: 10800000
- Grade: 1.37
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.37

Context: 10.8

#### 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-18)

Sissingué3 · gold

#### Identity

- Project: Sissingué3
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:24c20b3b7632ecb8df99

#### Resource Data

- Category: inferred
- Tonnes: 2100000
- Grade: 1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.0

Context: 2.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/perseus-updates-mineral-resources-and-ore-reserve-estimates--0c25a9df-971c-4bd0-b9cd-f3abf4dc1306#fact-resource-facts-19)

Yaouré · gold

#### Identity

- Project: Yaouré
- Commodity: gold
- Ticker: PRU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:009b15be796798497248

#### Resource Data

- Category: inferred
- Tonnes: 32300000
- Grade: 1.5
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: Expanded from portfolio resource summary table.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.5

Context: 32.3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## 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.
