QGold Resources Announces Maiden Preliminary Economic Assessment for the Quartz Mountain Gold Project, Positioning the Company as a Premier Gold Development Asset in the United States
Original announcement by tmx on
- Company
- Q-Gold Resources Ltd.
- Ticker
- QGR
- Exchange
- TSX
- Region
- Oregon, USA
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update, Economic study
- Extracted
- 2026-09-16 18:47:20 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
QGold Resources announced a maiden Preliminary Economic Assessment (PEA) for its Quartz Mountain Gold Project in Oregon, USA, revealing strong economics with an after-tax NPV(5%) of US$1.71 billion and an IRR of 55.2% at a gold price of US$3,265/oz. The study projects a 14-year mine life, average annual gold production of 135,400 oz, and a low All-In Sustaining Cost (AISC) of US$1,216/oz. The PEA is supported by an updated NI 43-101 compliant Mineral Resource Estimate, which includes 2.01 million ounces of gold in the Indicated category.
Reasoning: The maiden PEA for the Quartz Mountain Gold Project demonstrates robust economics with a high after-tax IRR of 55.2% and a fast payback of 1.8 years at a conservative gold price, supported by a low AISC and strip ratio. The updated NI 43-101 compliant MRE provides a solid foundation with over 2 million ounces of gold in the indicated category, positioning the company as a promising development asset, despite the preliminary nature of the study and reliance on some inferred resources.
Positive factors
- High after-tax IRR of 55.2% and fast payback of 1.8 years for the base case PEA.
- Significant economic upside demonstrated by the spot price case (92% IRR, 1.2-year payback).
- Low All-In Sustaining Cost (AISC) of US$1,216/oz positions the project competitively.
- Maiden Preliminary Economic Assessment (PEA) marks a significant milestone for the project.
- Updated NI 43-101 compliant Mineral Resource Estimate with 2.01 Moz gold in the Indicated category.
- Project located in a stable jurisdiction (Oregon, USA) with constructive community relations.
- Low strip ratio of 0.65:1 contributes to low mining costs and capital efficiency.
Negative factors
- The PEA is preliminary in nature and includes Inferred Mineral Resources (23% of mine plan).
- The TSF type for sulphide material is not specified beyond 'engineered tailings management facility'.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 29
Classification and evidence
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Extracted facts
Stored fact records: 28. Some facts used in scoring do not have a stored record.
Resource Estimates (28)
indicatedQuartz Mountain Gold Project · goldTonnes: 27963000Grade: 0.73Grade Unit: g/tContained Metal: 657Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:61eb6163088f4e3926da
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 27963000
- Grade
- 0.73
- Grade Unit
- g/t
- Contained Metal
- 657
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated oxide gold resource provides a solid foundation for the project, contributing significantly to the overall resource base.
Positive factors
- Significant indicated gold resource in the oxide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.73”
Context: 27,963
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 27963000Grade: 0.98Grade Unit: g/tContained Metal: 884Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:61eb6163088f4e3926da
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 27963000
- Grade
- 0.98
- Grade Unit
- g/t
- Contained Metal
- 884
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated oxide silver resource adds to the overall project value as a byproduct.
Positive factors
- Indicated silver resource in the oxide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.98”
Context: 27,963
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 3978000Grade: 0.62Grade Unit: g/tContained Metal: 79Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:696d5a31dd1d9d0b4379
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3978000
- Grade
- 0.62
- Grade Unit
- g/t
- Contained Metal
- 79
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred oxide gold resource adds potential but requires further work to upgrade confidence for economic studies.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.62”
Context: 3,978
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 3978000Grade: 0.62Grade Unit: g/tContained Metal: 80Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:696d5a31dd1d9d0b4379
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3978000
- Grade
- 0.62
- Grade Unit
- g/t
- Contained Metal
- 80
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred oxide silver resource provides additional potential but requires further work to increase confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.62”
Context: 3,978
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
indicatedQuartz Mountain Gold Project · goldTonnes: 51825000Grade: 0.81Grade Unit: g/tContained Metal: 1353Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:1c6b20debfb1e995fdcc
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- indicated
- Tonnes
- 51825000
- Grade
- 0.81
- Grade Unit
- g/t
- Contained Metal
- 1353
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated sulphide gold resource is a substantial component of the overall resource, providing long-term potential.
Positive factors
- Significant indicated gold resource in the sulphide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.81”
Context: 51,825
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 51825000Grade: 1.21Grade Unit: g/tContained Metal: 2015Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:1c6b20debfb1e995fdcc
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- indicated
- Tonnes
- 51825000
- Grade
- 1.21
- Grade Unit
- g/t
- Contained Metal
- 2015
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated sulphide silver resource contributes to the overall project economics as a byproduct.
Positive factors
- Indicated silver resource in the sulphide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“1.21”
Context: 51,825
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 21657000Grade: 0.6Grade Unit: g/tContained Metal: 416Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:2bb827063fd30f93ae8d
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- inferred
- Tonnes
- 21657000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 416
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred sulphide gold resource provides additional potential but requires further work to upgrade confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.6”
Context: 21,657
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 21657000Grade: 0.67Grade Unit: g/tContained Metal: 464Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:2bb827063fd30f93ae8d
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- inferred
- Tonnes
- 21657000
- Grade
- 0.67
- Grade Unit
- g/t
- Contained Metal
- 464
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred sulphide silver resource provides additional potential but requires further work to increase confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.67”
Context: 21,657
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
indicatedQuartz Mountain Gold Project · goldTonnes: 79788000Grade: 0.78Grade Unit: g/tContained Metal: 2010Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:e405814ef114b5b48efd
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- Total
Resource Data
- Category
- indicated
- Tonnes
- 79788000
- Grade
- 0.78
- Grade Unit
- g/t
- Contained Metal
- 2010
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The substantial total indicated gold resource provides a strong foundation for the project's economic viability.
Positive factors
- Large total indicated gold resource of 2.01 million ounces.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.78”
Context: 79,788
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Total
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 79788000Grade: 1.13Grade Unit: g/tContained Metal: 2900Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:e405814ef114b5b48efd
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- Total
Resource Data
- Category
- indicated
- Tonnes
- 79788000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 2900
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The substantial total indicated silver resource enhances the overall project value as a byproduct.
Positive factors
- Large total indicated silver resource.
- NI 43-101 compliant and QP signed.
Evidence · table
“1.13”
Context: 79,788
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Total
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 25634000Grade: 0.6Grade Unit: g/tContained Metal: 494Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:0dcca9f5ba09d7acccd3
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- Total
Resource Data
- Category
- inferred
- Tonnes
- 25634000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 494
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The total inferred gold resource adds potential but represents a less confident portion of the resource base, requiring further exploration.
Negative factors
- Significant inferred resource component, which has lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.60”
Context: 25,634
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Total
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 25634000Grade: 0.66Grade Unit: g/tContained Metal: 543Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:0dcca9f5ba09d7acccd3
- Deposit or zone
- TOTAL
- Mining method
- open_pit
- Material type
- Total
Resource Data
- Category
- inferred
- Tonnes
- 25634000
- Grade
- 0.66
- Grade Unit
- g/t
- Contained Metal
- 543
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The total inferred silver resource adds potential but represents a less confident portion of the resource base, requiring further exploration.
Negative factors
- Significant inferred resource component, which has lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.66”
Context: 25,634
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Total
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
indicatedQuartz Mountain Gold Project · goldTonnes: 18405000Grade: 0.72Grade Unit: g/tContained Metal: 423Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:9ec1e1fb108f7a95e76e
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 18405000
- Grade
- 0.72
- Grade Unit
- g/t
- Contained Metal
- 423
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated oxide gold resource at Crone Hill contributes substantially to the project's overall resource base.
Positive factors
- Significant indicated gold resource in the Crone Hill oxide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.72”
Context: 18,405
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 18405000Grade: 1.09Grade Unit: g/tContained Metal: 644Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:9ec1e1fb108f7a95e76e
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 18405000
- Grade
- 1.09
- Grade Unit
- g/t
- Contained Metal
- 644
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated oxide silver resource at Crone Hill adds to the overall project value as a byproduct.
Positive factors
- Indicated silver resource in the Crone Hill oxide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“1.09”
Context: 18,405
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 3170000Grade: 0.61Grade Unit: g/tContained Metal: 63Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:397363f939b1cafee176
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3170000
- Grade
- 0.61
- Grade Unit
- g/t
- Contained Metal
- 63
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred oxide gold resource at Crone Hill provides additional potential but requires further work to upgrade confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.61”
Context: 3,170
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 3170000Grade: 0.62Grade Unit: g/tContained Metal: 63Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:397363f939b1cafee176
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 3170000
- Grade
- 0.62
- Grade Unit
- g/t
- Contained Metal
- 63
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred oxide silver resource at Crone Hill provides additional potential but requires further work to increase confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.62”
Context: 3,170
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
indicatedQuartz Mountain Gold Project · goldTonnes: 41117000Grade: 0.82Grade Unit: g/tContained Metal: 1090Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:ecdc1c62b888f04367aa
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- indicated
- Tonnes
- 41117000
- Grade
- 0.82
- Grade Unit
- g/t
- Contained Metal
- 1090
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated sulphide gold resource at Crone Hill is a substantial component of the overall resource, providing long-term potential.
Positive factors
- Significant indicated gold resource in the Crone Hill sulphide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.82”
Context: 41,117
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 41117000Grade: 1.32Grade Unit: g/tContained Metal: 1740Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:ecdc1c62b888f04367aa
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- indicated
- Tonnes
- 41117000
- Grade
- 1.32
- Grade Unit
- g/t
- Contained Metal
- 1740
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated sulphide silver resource at Crone Hill adds to the overall project value as a byproduct.
Positive factors
- Indicated silver resource in the Crone Hill sulphide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“1.32”
Context: 41,117
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 16102000Grade: 0.58Grade Unit: g/tContained Metal: 302Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:c9928662f976823ca81e
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- inferred
- Tonnes
- 16102000
- Grade
- 0.58
- Grade Unit
- g/t
- Contained Metal
- 302
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred sulphide gold resource at Crone Hill provides additional potential but requires further work to upgrade confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.58”
Context: 16,102
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 16102000Grade: 0.64Grade Unit: g/tContained Metal: 334Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:c9928662f976823ca81e
- Deposit or zone
- CRONE HILL
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- inferred
- Tonnes
- 16102000
- Grade
- 0.64
- Grade Unit
- g/t
- Contained Metal
- 334
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred sulphide silver resource at Crone Hill provides additional potential but requires further work to increase confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.64”
Context: 16,102
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
indicatedQuartz Mountain Gold Project · goldTonnes: 9559000Grade: 0.76Grade Unit: g/tContained Metal: 234Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:2ebd2f5d77857e2a5498
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 9559000
- Grade
- 0.76
- Grade Unit
- g/t
- Contained Metal
- 234
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated oxide gold resource at Quartz Butte contributes to the project's overall resource base.
Positive factors
- Indicated gold resource in the Quartz Butte oxide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.76”
Context: 9,559
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 9559000Grade: 0.78Grade Unit: g/tContained Metal: 241Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:2ebd2f5d77857e2a5498
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- indicated
- Tonnes
- 9559000
- Grade
- 0.78
- Grade Unit
- g/t
- Contained Metal
- 241
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated oxide silver resource at Quartz Butte adds to the overall project value as a byproduct.
Positive factors
- Indicated silver resource in the Quartz Butte oxide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.78”
Context: 9,559
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 807000Grade: 0.63Grade Unit: g/tContained Metal: 16Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:320248555fbffdcf9bfb
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 807000
- Grade
- 0.63
- Grade Unit
- g/t
- Contained Metal
- 16
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred oxide gold resource at Quartz Butte provides additional potential but requires further work to upgrade confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.63”
Context: 807
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 807000Grade: 0.63Grade Unit: g/tContained Metal: 16Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:320248555fbffdcf9bfb
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- inferred
- Tonnes
- 807000
- Grade
- 0.63
- Grade Unit
- g/t
- Contained Metal
- 16
- Contained Unit
- koz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred oxide silver resource at Quartz Butte provides additional potential but requires further work to increase confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.63”
Context: 807
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Oxide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
indicatedQuartz Mountain Gold Project · goldTonnes: 10708000Grade: 0.76Grade Unit: g/tContained Metal: 263Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:9406055b1a731338939e
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- indicated
- Tonnes
- 10708000
- Grade
- 0.76
- Grade Unit
- g/t
- Contained Metal
- 263
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated sulphide gold resource at Quartz Butte contributes to the project's overall resource base.
Positive factors
- Indicated gold resource in the Quartz Butte sulphide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.76”
Context: 10,708
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedQuartz Mountain Gold Project · silverTonnes: 10708000Grade: 0.8Grade Unit: g/tContained Metal: 275Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:9406055b1a731338939e
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- indicated
- Tonnes
- 10708000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 275
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The indicated sulphide silver resource at Quartz Butte adds to the overall project value as a byproduct.
Positive factors
- Indicated silver resource in the Quartz Butte sulphide material.
- NI 43-101 compliant and QP signed.
Evidence · table
“0.8”
Context: 10,708
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource is classified as Indicated, indicating a reasonable level of geological confidence.
Evidence · table
“Indicated”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
inferredQuartz Mountain Gold Project · goldTonnes: 5555000Grade: 0.64Grade Unit: g/tContained Metal: 113Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- gold
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:af730ddf01f1d732e409
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- inferred
- Tonnes
- 5555000
- Grade
- 0.64
- Grade Unit
- g/t
- Contained Metal
- 113
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred sulphide gold resource at Quartz Butte provides additional potential but requires further work to upgrade confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.64”
Context: 5,555
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredQuartz Mountain Gold Project · silverTonnes: 5555000Grade: 0.73Grade Unit: g/tContained Metal: 130Contained Unit: kozView all detailsHide details
Identity
- Project
- Quartz Mountain Gold Project
- Commodity
- silver
- Region
- oregon, usa
- Reported Region
- Oregon, USA
- Ticker
- QGR
Resource scope
- Estimate type
- resource
- Effective date
- 2026-02-28T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Fred Brown
- Resource group id
- resource:af730ddf01f1d732e409
- Deposit or zone
- QUARTZ BUTTE
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- inferred
- Tonnes
- 5555000
- Grade
- 0.73
- Grade Unit
- g/t
- Contained Metal
- 130
- Contained Unit
- koz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-02-28
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-08T00:00:00.000Z
Reasoning: The inferred sulphide silver resource at Quartz Butte provides additional potential but requires further work to increase confidence.
Negative factors
- Inferred resources have lower reliability and cannot be converted to reserves without further drilling.
Evidence · table
“0.73”
Context: 5,555
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource is classified as Inferred, indicating a lower level of geological confidence.
Evidence · table
“Inferred”
Context: Sulphide
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Byproduct CommodityRejected · neutral · Story-specific tag
The tested commodity is a byproduct rather than the primary economic driver.
Reason: Silver is mentioned as a contribution to gold equivalent production, indicating it is a byproduct.
Evidence · text
“Considering the silver contribution the gold equivalent production will be an average life-of-mine production of 137,200 ounces per year.”
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.