Ridgestone to Deliver NI 43-101 Resource Estimate for Guadalupe y Calvo
Original announcement by tmx on
- Company
- Ridgestone Mining Inc.
- Ticker
- RMI
- Exchange
- TSX
- Region
- Mexico
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Other, Resource update
- Extracted
- 2026-09-18 19:07:17 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Ridgestone Mining Inc. has engaged Marc Jutras of Ginto Consulting Inc. to prepare an independent NI 43-101 mineral resource estimate for its Guadalupe y Calvo gold-silver project in Mexico. The estimate is expected to be completed in the coming weeks based on a review of historical exploration data.
Reasoning: The announcement is a procedural update regarding the engagement of a consultant to prepare an upcoming resource estimate. While it signals progress, no actual resource data is provided in this release.
Positive factors
- Engagement of highly experienced geostatistician Marc Jutras
- Anticipated maiden resource estimate for Guadalupe y Calvo project
Facts used in scoring: 1
Classification and evidence
Maiden Resourceneutral
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 company is engaging a consultant to prepare a resource estimate, implying a first formal estimate for the project.
Evidence · text
“to prepare an independent National Instrument (NI) 43-101 mineral resource estimate for the Guadalupe y Calvo (GyC) gold-silver project”
Extracted facts
Stored fact records: 0. Some facts used in scoring do not have a stored record.
No stored fact records are available for this extraction.
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.