# Premier American Uranium Files Technical Report for Cebolleta Uranium Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/premier-american-uranium-files-technical-report-for-cebolleta-uranium-project--2f78577b-c662-415b-909c-fcf75df285fb Original source: https://money.tmx.com/en/quote/PUR/news/7099448225856619/premier-american-uranium-files-technical-report-for-cebolleta-uranium-project Publisher: tmx Original announcement: 2025-12-09T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Premier American Uranium Inc. - Ticker: PUR - Exchange: TSX - Region: New Mexico - Primary commodity: Uranium - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-14 18:59:03 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Premier American Uranium has filed a Technical Report for the Cebolleta Uranium Project in New Mexico, featuring a Preliminary Economic Assessment \(PEA\) and an updated Mineral Resource Estimate \(MRE\). The updated MRE shows Indicated resources of 20.3 Mlb eU3O8 and Inferred resources of 7.0 Mlb eU3O8, representing growth over the 2024 technical report. The PEA outlines a 13-year mine life with an after-tax NPV \(8%\) of US$83.9 million. Reasoning: The filing of a PEA and updated MRE showing significant tonnage/metal growth in the Inferred category and moderate growth in Indicated is a major de-risking and scale-up event for the project. - Positive factor: Indicated resource growth of 9% vs 2024 report - Positive factor: Inferred resource growth of 43% vs 2024 report - Positive factor: Strong PEA economics with US$83.9M NPV \(8%\) - Positive factor: Low-CAPEX heap leach processing mentioned - Negative factor: No historical core or QA/QC reference materials available - Negative factor: Most legacy holes lack deviation surveys - Negative factor: PEA is preliminary and includes speculative inferred resources 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 technical report was prepared in accordance with NI 43-101 standards. Evidence · text > prepared in accordance with National Instrument 43-101 **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: Multiple Qualified Persons from SLR International Corporation are named as authors. Evidence · text > reviewed and approved by Mr. Mark B. Mathisen, C.P.G., Stuart Collins, P.E., Jeffrey L. Woods, MMSA QP, Lee \(Pat\) Gochnour, MMSA QP and Matthew Behling, P.E. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the resource is in the Inferred category. Evidence · text > Inferred resource: 7.0 Mlb eU3O8 ## 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/premier-american-uranium-files-technical-report-for-cebolleta-uranium-project--2f78577b-c662-415b-909c-fcf75df285fb#fact-resource-facts-0) Cebolleta Uranium Project · uranium #### Identity - Project: Cebolleta Uranium Project - Commodity: uranium - Region: mexico - Reported Region: New Mexico - Ticker: PUR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mark B. Mathisen, Stuart Collins, Jeffrey L. Woods, Lee \(Pat\) Gochnour, Matthew Behling - Resource group id: resource:78d723a7917b9ba48556 - Deposit or zone: Cebolleta #### Resource Data - Category: indicated - Tonnes: 8300000 - Grade: 0.12 - Grade Unit: % eU3O8 - Contained Metal: 20.3 - Contained Unit: mlb eu3o8 #### Prior Estimate - Prior Contained Metal: 18.6 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-09T00:00:00.000Z Reasoning: Indicated resource shows steady growth in metal content. - Positive factor: 9% increase in contained metal compared to 2024 report Evidence · text > Indicated resource: 20.3 Mlb eU3O8 \(8.3 Mst grading 0.12% eU3O8, up 1.7 Mlb eU3O8 or 9% compared to the 2024 technical Report. #### 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 **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 **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: 20.3 against 18.6 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/premier-american-uranium-files-technical-report-for-cebolleta-uranium-project--2f78577b-c662-415b-909c-fcf75df285fb#fact-resource-facts-1) Cebolleta Uranium Project · uranium #### Identity - Project: Cebolleta Uranium Project - Commodity: uranium - Region: mexico - Reported Region: New Mexico - Ticker: PUR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Mark B. Mathisen, Stuart Collins, Jeffrey L. Woods, Lee \(Pat\) Gochnour, Matthew Behling - Resource group id: resource:918323aa0e1fe321c16a - Deposit or zone: Cebolleta #### Resource Data - Category: inferred - Tonnes: 3600000 - Grade: 0.1 - Grade Unit: % eU3O8 - Contained Metal: 7 - Contained Unit: mlb eu3o8 #### Prior Estimate - Prior Contained Metal: 5.3 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-09T00:00:00.000Z Reasoning: Significant expansion of the inferred resource footprint. - Positive factor: 43% increase in contained metal compared to 2024 report - Negative factor: Inferred category is speculative Evidence · text > Inferred resource: 7.0 Mlb eU3O8 \(3.6 Mst grading 0.10% eU3O8 or 43% compared to the 2024 technical report. #### 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 **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 **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: 7 against 5.3 previously **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. 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.