# Ridgestone Files Guadalupe y Calvo Technical Report on SEDAR

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar--a9f981db-6036-410b-a4a2-ea507a75b7eb

Original source: https://money.tmx.com/en/quote/RMI/news/5928894219453397/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar

Publisher: tmx

Original announcement: 2021-06-18T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Ridgestone Mining Inc.

- Ticker: RMI

- Exchange: TSX

- Region: Chihuahua State, Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Other

- Extracted: 2026-09-18 19:14:28 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Ridgestone Mining Inc. has filed an independent technical report on SEDAR for its Guadalupe y Calvo gold-silver project in Mexico. The report supports a maiden mineral resource estimate consisting of 356,000 gold-equivalent ounces in the Indicated category and 460,000 gold-equivalent ounces in the Inferred category.

Reasoning: The document announces the filing of a technical report supporting a maiden mineral resource estimate for the Guadalupe y Calvo project. While the resource figures \(356koz Indicated and 460koz Inferred AuEq\) are significant, they restate/formalize information previously reported in a May 10, 2021, news release, resulting in low novelty.

- Positive factor: Maiden resource estimate filed

- Positive factor: Indicated and Inferred resources established

Facts used in scoring: 2

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The report supports the maiden mineral resource estimate for the Guadalupe y Calvo project.

Evidence · text

> supporting the maiden mineral resource estimate for its Guadalupe y Calvo gold-silver project

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The technical report was prepared in accordance with NI 43-101 standards.

Evidence · text

> prepared in accordance with National Instrument 43-101

## Extracted facts

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

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar--a9f981db-6036-410b-a4a2-ea507a75b7eb#fact-resource-facts-0)

Guadalupe y Calvo · gold

#### Identity

- Project: Guadalupe y Calvo
- Commodity: gold
- Region: mexico
- Reported Region: Chihuahua State, Mexico
- Ticker: RMI

#### Resource scope

- Estimate type: resource
- Effective date: 2021-05-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:173f33a3c027cdb61bfc
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Contained Metal: 356000
- Contained Unit: gold-equivalent ounces

#### Prior Estimate

- Resource Date: 2021-05-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-06-18T00:00:00.000Z

Reasoning: Indicated portion of the maiden gold-equivalent resource.

Evidence · text

> host to an Indicated Resource of 356,000 gold-equivalent ounces

#### 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

**NI 43-101 Compliant**

Polarity: positive

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

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

**No QP/CP Disclosure**

Polarity: negative

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

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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar--a9f981db-6036-410b-a4a2-ea507a75b7eb#fact-resource-facts-1)

Guadalupe y Calvo · gold

#### Identity

- Project: Guadalupe y Calvo
- Commodity: gold
- Region: mexico
- Reported Region: Chihuahua State, Mexico
- Ticker: RMI

#### Resource scope

- Estimate type: resource
- Effective date: 2021-05-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:873faa66cd03b61c0311
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Contained Metal: 460000
- Contained Unit: gold-equivalent ounces

#### Prior Estimate

- Resource Date: 2021-05-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-06-18T00:00:00.000Z

Reasoning: Inferred portion of the maiden gold-equivalent resource.

Evidence · text

> plus an Inferred Resource of 460,000 gold-equivalent ounces

#### 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

**NI 43-101 Compliant**

Polarity: positive

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

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

**No QP/CP Disclosure**

Polarity: negative

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

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

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
