# Ridgestone to Deliver NI 43-101 Resource Estimate for Guadalupe y Calvo

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ridgestone-to-deliver-ni-43-101-resource-estimate-for-guadalupe-y-calvo--726bf36b-9041-4b6b-9279-96c7ecdbb1cd

Original source: https://money.tmx.com/en/quote/RMI/news/7970843401710553/ridgestone-to-deliver-ni-43-101-resource-estimate-for-guadalupe-y-calvo

Publisher: tmx

Original announcement: 2021-04-27T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Ridgestone Mining Inc.

- Ticker: RMI

- Exchange: TSX

- Region: Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Other, Resource update

- Extracted: 2026-09-18 19:07:17 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas 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 factor: Engagement of highly experienced geostatistician Marc Jutras

- Positive factor: Anticipated maiden resource estimate for Guadalupe y Calvo project

Facts used in scoring: 1

## 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 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.
