# Proposed acquisition of Cygnus Metals Limited by Central Asia Metals PLC for A$232 million Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a Original source: https://money.tmx.com/en/quote/CYG/news/8339149110183010/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2 Publisher: tmx Original announcement: 2026-06-02T06:35:39.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Cygnus Metals Limited - Ticker: CYG - Exchange: TSX - Region: Québec, Canada - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-15 18:45:14 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Central Asia Metals PLC \(CAML\) proposes to acquire Cygnus Metals Limited for A$232 million via a scheme of arrangement, offering Cygnus shareholders 0.06 new CAML shares per Cygnus share. The acquisition adds Cygnus's Chibougamau Copper-Gold Project in Québec, Canada, to CAML's portfolio, enhancing scale and diversification. The Chibougamau Project's Mineral Resource Estimate, effective September 17, 2025, includes 6.4 million tonnes at 2.3% Cu, 0.8 g/t Au, and 7.6 g/t Ag in the Measured and Indicated categories, plus 8.5 million tonnes at 2.1% Cu, 1.7 g/t Au, and 7.9 g/t Ag in the Inferred category. Reasoning: The proposed acquisition offers a significant premium to Cygnus shareholders and strategically enhances CAML's portfolio with a high-grade copper-gold project in a tier-one jurisdiction, supported by a substantial and well-reported mineral resource estimate. - Positive factor: Acquisition offers significant premium to Cygnus shareholders - Positive factor: Strategic asset addition for CAML in a tier-one jurisdiction - Positive factor: High-grade copper-gold resource with substantial contained metal - Positive factor: Resource estimate reported under JORC and NI 43-101 standards - Positive factor: Qualified Person \(QP\) sign-off for the resource estimate - Positive factor: Transparent metal equivalent assumptions disclosed - Negative factor: Significant portion of the resource is in the Inferred category - Negative factor: Resource estimate is a re-statement from a prior release, limiting novelty for the resource itself Facts used in scoring: 74 ## Classification and evidence **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The Mineral Resource Estimate is reported in accordance with the JORC Code 2012. Evidence · text > reported in accordance with the JORC Code 2012 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The Mineral Resource Estimate is reported in accordance with the CIM Definition Standards \(CIM, 2014\) in NI 43-101. Evidence · text > CIM Definition Standards \(CIM, 2014\) in NI 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: The scientific and technical information has been reviewed and approved by Louis Beaupre, a 'qualified person' for NI 43-101. Evidence · text > Louis Beaupre, the Quebec Exploration Manager of Cygnus, who is a ‘qualified person’ for the purposes of National Instrument 43-101 **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: Cut-off grades are clearly stated for each deposit within the resource estimate. Evidence · text > Mineral Resources are estimated at a CuEq cut-off grade of 1.2% for Corner Bay and 1.5% CuEq for Devlin. A cut-off grade of 1.8 g/t AuEq was used for Cedar Bay and Golden Eye; and 2.0 g/t AuEq for Joe Mann. **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 total resource \(8.5 million tonnes\) is in the Inferred category. Evidence · text > 8.5 million tonnes at a 2.1% Cu grade, 1.7g/t Au grade and 7.9g/t Ag grade in the Inferred Resource category **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: The resource estimate is intended to support an updated Preliminary Economic Assessment \(PEA\). Evidence · text > Updated PEA study\* is already under way and would be completed by CAML **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The resource estimate is a re-statement from a prior release dated September 17, 2025, limiting its novelty. Evidence · text > The latest Mineral Resource Estimate \(‘ MRE’ \) published by Cygnus in late 2025 for the Chibougamau Project ## Extracted facts Stored fact records: 74. Some facts used in scoring do not have a stored record. ## Resource Estimates (74) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-0) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:8cd8135ab493e08459cc - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 4900000 - Grade: 2.5 - Grade Unit: % - Contained Metal: 124 - Contained Unit: kt - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: This indicated resource for Corner Bay shows a strong copper grade and significant contained metal, contributing materially to the project's overall resource base. - Positive factor: High copper grade - Positive factor: Significant contained metal - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.5 Context: 4.9 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-1) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:8cd8135ab493e08459cc - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 4900000 - Grade: 0.3 - Grade Unit: g/t - Contained Metal: 43 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold grade at Corner Bay provides a valuable byproduct credit to the copper-focused resource. - Positive factor: Contained gold adds value - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.3 Context: 4.9 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-2) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:8cd8135ab493e08459cc - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 4900000 - Grade: 8.4 - Grade Unit: g/t - Contained Metal: 1316 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated silver grade at Corner Bay provides a valuable byproduct credit to the copper-focused resource. - Positive factor: Contained silver adds value - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 8.4 Context: 4.9 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-3) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:8cd8135ab493e08459cc - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 4900000 - Contained Metal: 137 - Contained Unit: kt - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 2.8 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated copper equivalent grade for Corner Bay highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 2.8 Context: 4.9 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-4) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:8cd8135ab493e08459cc - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 4900000 - Contained Metal: 638 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.1 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold equivalent grade for Corner Bay highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 4.1 Context: 4.9 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-5) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:f591db531297be23a3a8 - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5400000 - Grade: 2.7 - Grade Unit: % - Contained Metal: 146 - Contained Unit: kt - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Corner Bay shows a strong copper grade and significant contained metal, indicating good exploration potential, though requiring further drilling for confidence upgrade. - Positive factor: High copper grade - Positive factor: Significant contained metal - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.7 Context: 5.4 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-6) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:f591db531297be23a3a8 - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5400000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 41 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold grade at Corner Bay provides a valuable byproduct credit, but its inferred status requires further validation. - Positive factor: Contained gold adds value - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.2 Context: 5.4 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-7) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:f591db531297be23a3a8 - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5400000 - Grade: 8.9 - Grade Unit: g/t - Contained Metal: 1543 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred silver grade at Corner Bay provides a valuable byproduct credit, but its inferred status requires further validation. - Positive factor: Contained silver adds value - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 8.9 Context: 5.4 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-8) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:f591db531297be23a3a8 - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5400000 - Contained Metal: 159 - Contained Unit: kt - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper equivalent grade for Corner Bay highlights the combined value of the polymetallic resource, with transparent calculation assumptions, but requires further drilling for confidence upgrade. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 3.0 Context: 5.4 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-9) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:f591db531297be23a3a8 - Deposit or zone: Corner Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 5400000 - Contained Metal: 744 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold equivalent grade for Corner Bay highlights the combined value of the polymetallic resource, with transparent calculation assumptions, but requires further drilling for confidence upgrade. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 4.3 Context: 5.4 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-10) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:04af8e62dcb5b845b4a6 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Grade: 2.7 - Grade Unit: % - Contained Metal: 4 - Contained Unit: kt - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured resource at Devlin shows a high copper grade, providing high confidence for this smaller tonnage. - Positive factor: High copper grade - Positive factor: Measured resource category - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 2.7 Context: 0.1 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-11) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:04af8e62dcb5b845b4a6 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Grade: 0.3 - Grade Unit: g/t - Contained Metal: 1 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured gold grade at Devlin provides a minor byproduct credit with high confidence. - Positive factor: Measured resource category - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 0.3 Context: 0.1 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-12) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:04af8e62dcb5b845b4a6 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Grade: 0.5 - Grade Unit: g/t - Contained Metal: 2 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured silver grade at Devlin provides a minor byproduct credit with high confidence. - Positive factor: Measured resource category - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 0.5 Context: 0.1 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-13) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:04af8e62dcb5b845b4a6 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Contained Metal: 4 - Contained Unit: kt - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 2.9 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured copper equivalent grade for Devlin highlights the combined value of the polymetallic resource, with transparent calculation assumptions, for this smaller tonnage. - Positive factor: Strong copper equivalent grade - Positive factor: Measured resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 2.9 Context: 0.1 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-14) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:04af8e62dcb5b845b4a6 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Contained Metal: 19 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured gold equivalent grade for Devlin highlights the combined value of the polymetallic resource, with transparent calculation assumptions, for this smaller tonnage. - Positive factor: Strong gold equivalent grade - Positive factor: Measured resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 4.7 Context: 0.1 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-15) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:33f587febe5e2c790702 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 600000 - Grade: 2 - Grade Unit: % - Contained Metal: 13000 - Contained Unit: t - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated resource at Devlin shows a good copper grade, providing confidence for this tonnage. - Positive factor: Good copper grade - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.0 Context: 0.6 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-16) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:33f587febe5e2c790702 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 600000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 4 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold grade at Devlin provides a minor byproduct credit with good confidence. - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.2 Context: 0.6 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-17) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:33f587febe5e2c790702 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 600000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 5 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated silver grade at Devlin provides a minor byproduct credit with good confidence. - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.2 Context: 0.6 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-18) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:33f587febe5e2c790702 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 600000 - Contained Metal: 13000 - Contained Unit: t - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 2.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated copper equivalent grade for Devlin highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Good copper equivalent grade - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 2.1 Context: 0.6 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-19) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:33f587febe5e2c790702 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 600000 - Contained Metal: 69 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3.4 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold equivalent grade for Devlin highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Good gold equivalent grade - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 3.4 Context: 0.6 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-20) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:d3659bf5d9620ccd4099 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 800000 - Grade: 2.1 - Grade Unit: % - Contained Metal: 16 - Contained Unit: kt - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I resource at Devlin shows a good copper grade, providing confidence for this tonnage. - Positive factor: Good copper grade - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.1 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-21) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:d3659bf5d9620ccd4099 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 800000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 5 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I gold grade at Devlin provides a minor byproduct credit with good confidence. - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.2 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-22) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:d3659bf5d9620ccd4099 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 800000 - Grade: 0.3 - Grade Unit: g/t - Contained Metal: 7 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I silver grade at Devlin provides a minor byproduct credit with good confidence. - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.3 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-23) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:d3659bf5d9620ccd4099 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 800000 - Contained Metal: 17 - Contained Unit: kt - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 2.3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I copper equivalent grade for Devlin highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Good copper equivalent grade - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 2.3 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-24) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:d3659bf5d9620ccd4099 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 800000 - Contained Metal: 88 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3.6 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I gold equivalent grade for Devlin highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Good gold equivalent grade - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 3.6 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-25) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:db79c4bc903644d4f6e4 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 2 - Grade Unit: % - Contained Metal: 7 - Contained Unit: kt - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Devlin shows a good copper grade, indicating potential, though requiring further drilling for confidence upgrade. - Positive factor: Good copper grade - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.0 Context: 0.3 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-26) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:db79c4bc903644d4f6e4 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 2 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold grade at Devlin provides a minor byproduct credit, but its inferred status requires further validation. - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.2 Context: 0.3 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-27) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:db79c4bc903644d4f6e4 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 300000 - Grade: 0.3 - Grade Unit: g/t - Contained Metal: 3 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred silver grade at Devlin provides a minor byproduct credit, but its inferred status requires further validation. - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.3 Context: 0.3 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-28) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:db79c4bc903644d4f6e4 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 300000 - Contained Metal: 7 - Contained Unit: kt - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 2.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper equivalent grade for Devlin highlights the combined value of the polymetallic resource, but requires further drilling for confidence upgrade. - Positive factor: Good copper equivalent grade - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.1 Context: 0.3 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-29) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:db79c4bc903644d4f6e4 - Deposit or zone: Devlin - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 300000 - Contained Metal: 36 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: % CuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3.4 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold equivalent grade for Devlin highlights the combined value of the polymetallic resource, but requires further drilling for confidence upgrade. - Positive factor: Good gold equivalent grade - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 3.4 Context: 0.3 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-30) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:3237a70cabba18b90b43 - Deposit or zone: Joe Mann - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 700000 - Grade: 0.2 - Grade Unit: % - Contained Metal: 2 - Contained Unit: kt - Cutoff Grade: 2 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper grade at Joe Mann is low, but contributes to the overall polymetallic resource. - Negative factor: Low copper grade - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.2 Context: 0.7 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-31) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:3237a70cabba18b90b43 - Deposit or zone: Joe Mann - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 700000 - Grade: 6 - Grade Unit: g/t - Contained Metal: 143 - Contained Unit: koz - Cutoff Grade: 2 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Joe Mann shows a very high gold grade, indicating significant potential, though requiring further drilling for confidence upgrade. - Positive factor: High gold grade - Positive factor: Significant contained gold - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 6.0 Context: 0.7 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-32) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:3237a70cabba18b90b43 - Deposit or zone: Joe Mann - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 700000 - Contained Metal: 34 - Contained Unit: kt - Cutoff Grade: 2 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.6 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper equivalent grade for Joe Mann highlights the combined value of the polymetallic resource, with transparent calculation assumptions, but requires further drilling for confidence upgrade. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 4.6 Context: 0.7 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-33) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:3237a70cabba18b90b43 - Deposit or zone: Joe Mann - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 700000 - Contained Metal: 151 - Contained Unit: koz - Cutoff Grade: 2 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 6.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold equivalent grade for Joe Mann highlights the combined value of the polymetallic resource, with transparent calculation assumptions, but requires further drilling for confidence upgrade. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 6.3 Context: 0.7 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-34) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:50ba12b1c275e0dfb28b - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 300000 - Grade: 1.6 - Grade Unit: % - Contained Metal: 4 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated resource at Cedar Bay shows a good copper grade, contributing to the overall polymetallic resource with good confidence. - Positive factor: Good copper grade - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 1.6 Context: 0.3 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-35) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:50ba12b1c275e0dfb28b - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 300000 - Grade: 6 - Grade Unit: g/t - Contained Metal: 50 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated resource at Cedar Bay shows a very high gold grade, providing significant value with good confidence. - Positive factor: High gold grade - Positive factor: Significant contained gold - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 6.0 Context: 0.3 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-36) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:50ba12b1c275e0dfb28b - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 300000 - Grade: 9.9 - Grade Unit: g/t - Contained Metal: 82 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated silver grade at Cedar Bay provides a valuable byproduct credit with good confidence. - Positive factor: Contained silver adds value - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 9.9 Context: 0.3 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-37) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:50ba12b1c275e0dfb28b - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 300000 - Contained Metal: 16 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 6.4 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated copper equivalent grade for Cedar Bay highlights the combined high value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 6.4 Context: 0.3 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-38) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:50ba12b1c275e0dfb28b - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 300000 - Contained Metal: 67 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 8.1 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold equivalent grade for Cedar Bay highlights the combined high value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 8.1 Context: 0.3 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-39) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:79c9fe160804e99ae4aa - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 800000 - Grade: 2 - Grade Unit: % - Contained Metal: 17 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Cedar Bay shows a good copper grade, contributing to the overall polymetallic resource, though requiring further drilling for confidence upgrade. - Positive factor: Good copper grade - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.0 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-40) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:79c9fe160804e99ae4aa - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 800000 - Grade: 5.1 - Grade Unit: g/t - Contained Metal: 134 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Cedar Bay shows a high gold grade, indicating significant potential, though requiring further drilling for confidence upgrade. - Positive factor: High gold grade - Positive factor: Significant contained gold - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 5.1 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-41) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:79c9fe160804e99ae4aa - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 800000 - Grade: 11.8 - Grade Unit: g/t - Contained Metal: 309 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred silver grade at Cedar Bay provides a valuable byproduct credit, but its inferred status requires further validation. - Positive factor: Contained silver adds value - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 11.8 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-42) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:79c9fe160804e99ae4aa - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 800000 - Contained Metal: 50 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 6.1 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper equivalent grade for Cedar Bay highlights the combined high value of the polymetallic resource, but requires further drilling for confidence upgrade. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 6.1 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-43) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:79c9fe160804e99ae4aa - Deposit or zone: Cedar Bay - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 800000 - Contained Metal: 205 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 7.8 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold equivalent grade for Cedar Bay highlights the combined high value of the polymetallic resource, but requires further drilling for confidence upgrade. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 7.8 Context: 0.8 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-44) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:2bb092a18119623ec64a - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 500000 - Grade: 1 - Grade Unit: % - Contained Metal: 5 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated resource at Golden Eye shows a moderate copper grade, contributing to the overall polymetallic resource with good confidence. - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 1.0 Context: 0.5 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-45) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:2bb092a18119623ec64a - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 500000 - Grade: 4.3 - Grade Unit: g/t - Contained Metal: 69 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated resource at Golden Eye shows a high gold grade, providing significant value with good confidence. - Positive factor: High gold grade - Positive factor: Significant contained gold - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 4.3 Context: 0.5 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-46) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:2bb092a18119623ec64a - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 500000 - Grade: 9.9 - Grade Unit: g/t - Contained Metal: 161 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated silver grade at Golden Eye provides a valuable byproduct credit with good confidence. - Positive factor: Contained silver adds value - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 9.9 Context: 0.5 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-47) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:2bb092a18119623ec64a - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 500000 - Contained Metal: 22 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.4 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated copper equivalent grade for Golden Eye highlights the combined high value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 4.4 Context: 0.5 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-48) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:2bb092a18119623ec64a - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 500000 - Contained Metal: 91 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 5.6 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold equivalent grade for Golden Eye highlights the combined high value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 5.6 Context: 0.5 #### 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-49) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:28219b2f4f3eeed1adba - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 0.9 - Grade Unit: % - Contained Metal: 11 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Golden Eye shows a moderate copper grade, contributing to the overall polymetallic resource, though requiring further drilling for confidence upgrade. - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.9 Context: 1.2 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-50) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:28219b2f4f3eeed1adba - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 3.4 - Grade Unit: g/t - Contained Metal: 134 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource at Golden Eye shows a high gold grade, indicating significant potential, though requiring further drilling for confidence upgrade. - Positive factor: High gold grade - Positive factor: Significant contained gold - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 3.4 Context: 1.2 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-51) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:28219b2f4f3eeed1adba - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 7.9 - Grade Unit: g/t - Contained Metal: 313 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred silver grade at Golden Eye provides a valuable byproduct credit, but its inferred status requires further validation. - Positive factor: Contained silver adds value - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 7.9 Context: 1.2 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-52) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:28219b2f4f3eeed1adba - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1200000 - Contained Metal: 45 - Contained Unit: kt - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3.6 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper equivalent grade for Golden Eye highlights the combined value of the polymetallic resource, but requires further drilling for confidence upgrade. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 3.6 Context: 1.2 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-53) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:28219b2f4f3eeed1adba - Deposit or zone: Golden Eye - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 1200000 - Contained Metal: 182 - Contained Unit: koz - Cutoff Grade: 1.8 - Cutoff Unit: g/t AuEq #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.6 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold equivalent grade for Golden Eye highlights the combined value of the polymetallic resource, but requires further drilling for confidence upgrade. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 4.6 Context: 1.2 #### 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 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 **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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-54) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:efbb2c421062994f02a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Grade: 2.7 - Grade Unit: % - Contained Metal: 4 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured resource for the Hub and Spoke project shows a high copper grade, providing high confidence for this smaller tonnage. - Positive factor: High copper grade - Positive factor: Measured resource category - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 2.7 Context: 0.1 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-55) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:efbb2c421062994f02a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Grade: 0.3 - Grade Unit: g/t - Contained Metal: 1 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured gold grade for the Hub and Spoke project provides a minor byproduct credit with high confidence. - Positive factor: Measured resource category - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 0.3 Context: 0.1 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-56) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:efbb2c421062994f02a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Grade: 0.5 - Grade Unit: g/t - Contained Metal: 2 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured silver grade for the Hub and Spoke project provides a minor byproduct credit with high confidence. - Positive factor: Measured resource category - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 0.5 Context: 0.1 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-57) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:efbb2c421062994f02a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Contained Metal: 4 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 2.9 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured copper equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions, for this smaller tonnage. - Positive factor: Strong copper equivalent grade - Positive factor: Measured resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 2.9 Context: 0.1 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-58) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:efbb2c421062994f02a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: measured - Tonnes: 100000 - Contained Metal: 19 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.7 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The measured gold equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions, for this smaller tonnage. - Positive factor: Strong gold equivalent grade - Positive factor: Measured resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Small tonnage - Negative factor: Resource estimate is a re-statement Evidence · table > 4.7 Context: 0.1 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-59) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:5afa3114236a174d23a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6300000 - Grade: 2.3 - Grade Unit: % - Contained Metal: 146 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated resource for the Hub and Spoke project shows a strong copper grade and significant contained metal, contributing materially to the project's overall resource base. - Positive factor: High copper grade - Positive factor: Significant contained metal - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.3 Context: 6.3 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-60) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:5afa3114236a174d23a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6300000 - Grade: 0.8 - Grade Unit: g/t - Contained Metal: 166 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold grade for the Hub and Spoke project provides a valuable credit to the copper-focused resource. - Positive factor: Good gold grade - Positive factor: Significant contained gold - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.8 Context: 6.3 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-61) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:5afa3114236a174d23a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6300000 - Grade: 7.8 - Grade Unit: g/t - Contained Metal: 1563 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated silver grade for the Hub and Spoke project provides a valuable byproduct credit to the copper-focused resource. - Positive factor: Contained silver adds value - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 7.8 Context: 6.3 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-62) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:5afa3114236a174d23a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6300000 - Contained Metal: 189 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated copper equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 3.0 Context: 6.3 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-63) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:5afa3114236a174d23a0 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6300000 - Contained Metal: 865 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The indicated gold equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 4.3 Context: 6.3 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-64) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:e5cb9ec5f300c1bf35b5 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6400000 - Grade: 2.3 - Grade Unit: % - Contained Metal: 149 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I resource for the Hub and Spoke project shows a strong copper grade and significant contained metal, contributing materially to the project's overall resource base. - Positive factor: High copper grade - Positive factor: Significant contained metal - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.3 Context: 6.4 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-65) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:e5cb9ec5f300c1bf35b5 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6400000 - Grade: 0.8 - Grade Unit: g/t - Contained Metal: 167000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I gold grade for the Hub and Spoke project provides a valuable credit to the copper-focused resource. - Positive factor: Good gold grade - Positive factor: Significant contained gold - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 0.8 Context: 6.4 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-66) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:e5cb9ec5f300c1bf35b5 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6400000 - Grade: 7.6 - Grade Unit: g/t - Contained Metal: 1565 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I silver grade for the Hub and Spoke project provides a valuable byproduct credit to the copper-focused resource. - Positive factor: Contained silver adds value - Positive factor: Indicated resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 7.6 Context: 6.4 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-67) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:e5cb9ec5f300c1bf35b5 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6400000 - Contained Metal: 193 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I copper equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 3.0 Context: 6.4 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-68) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:e5cb9ec5f300c1bf35b5 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 6400000 - Contained Metal: 884 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.3 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The M&I gold equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Indicated resource category - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Resource estimate is a re-statement Evidence · table > 4.3 Context: 6.4 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-69) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:9f9d5c98b12ed1816659 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 8500000 - Grade: 2.1 - Grade Unit: % - Contained Metal: 182000 - Contained Unit: t #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred resource for the Hub and Spoke project shows a good copper grade and significant contained metal, indicating good exploration potential, though requiring further drilling for confidence upgrade. - Positive factor: Good copper grade - Positive factor: Significant contained metal - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 2.1 Context: 8.5 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-70) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:9f9d5c98b12ed1816659 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 8500000 - Grade: 1.7 - Grade Unit: g/t - Contained Metal: 454000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold grade for the Hub and Spoke project provides a significant credit to the copper-focused resource, indicating good exploration potential. - Positive factor: High gold grade - Positive factor: Significant contained gold - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 1.7 Context: 8.5 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-71) Chibougamau Project · silver #### Identity - Project: Chibougamau Project - Commodity: silver - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:9f9d5c98b12ed1816659 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 8500000 - Grade: 7.9 - Grade Unit: g/t - Contained Metal: 2168 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred silver grade for the Hub and Spoke project provides a valuable byproduct credit, but its inferred status requires further validation. - Positive factor: Contained silver adds value - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 7.9 Context: 8.5 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-72) Chibougamau Project · copper #### Identity - Project: Chibougamau Project - Commodity: copper - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:9f9d5c98b12ed1816659 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 8500000 - Contained Metal: 295 - Contained Unit: kt #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 3.5 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred copper equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions, but requires further drilling for confidence upgrade. - Positive factor: Strong copper equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 3.5 Context: 8.5 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/proposed-acquisition-of-cygnus-metals-limited-by-central-asia-metals-plc-for-a-2--7377e808-17df-4646-b0b3-d1453d242e7a#fact-resource-facts-73) Chibougamau Project · gold #### Identity - Project: Chibougamau Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec, Canada - Ticker: CYG #### Resource scope - Estimate type: resource - Effective date: 2025-09-17T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Louis Beaupre - Resource group id: resource:9f9d5c98b12ed1816659 - Deposit or zone: Hub and Spoke - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 8500000 - Contained Metal: 1318 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-17 #### Metal Equivalent - Metal Eq. Grade: 4.8 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-02T00:00:00.000Z Reasoning: The inferred gold equivalent grade for the Hub and Spoke project highlights the combined value of the polymetallic resource, with transparent calculation assumptions, but requires further drilling for confidence upgrade. - Positive factor: Strong gold equivalent grade - Positive factor: Significant contained metal equivalent - Positive factor: Assumptions for metal equivalent calculation disclosed - Negative factor: Inferred resource category - Negative factor: Resource estimate is a re-statement Evidence · table > 4.8 Context: 8.5 #### 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 **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 **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 **DFS-Supporting** Polarity: neutral Definition: 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.