Salazar Provides Update on the Construction of the Mine at the El Domo Project

Original announcement by tmx on

Company
Salazar Resources Limited
Ticker
SRL
Exchange
TSX
Region
Ecuador
Primary commodity
Copper
Secondary commodities
Gold, Zinc, Lead, Silver
Document categories
Resource update, Economic study
Extracted
2026-09-18 22:23:59 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Salazar Resources provides a construction update for the El Domo project in Ecuador, reporting that the project remains on track for commissioning in July 2027. The update restates the project's mineral resources, reserves, and economic parameters from a recent NI 43-101 technical report, highlighting a 45% IRR and US$573 million NPV.

Reasoning: The document provides a construction update and restates recent resource/reserve/economic data from a July 2026 NI 43-101 report. While the construction progress is positive, the technical data itself is a re-release of recent figures.

Positive factors

  • Construction progress on track for July 2027 commissioning
  • Strong economic metrics (45% IRR, US$573M NPV)
  • Project is fully funded
  • Improved metallurgical recoveries compared to 2021 study

Facts used in scoring: 16

Classification and evidence

PFS Completepositive

AACE Class 3 study complete.

Why it applies: The document references a technical report containing economic analysis and reserves, consistent with PFS/DFS level maturity.

Evidence · text

“supported by the NI 43-101 Technical Report on the Curipamba-El Domo Polymetallic Project”

Fully Fundedpositive

Funding coverage at or above 1.0x counting committed facilities only.

Why it applies: The document explicitly states construction is fully funded and mentions stream financing proceeds.

Evidence · text

“Construction of El Domo is fully funded”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document restates Mineral Resource and Mineral Reserve figures.

Evidence · text

“Mineral Resource: Measured + Indicated (M+I) 11.4 Mt”

Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

Resource Estimates (15)

indicatedCuripamba-El Domo · copperTonnes: 11400000Grade: 1.85Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:ca4de8abbb567c67ba74
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
11400000
Grade
1.85
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of M&I resource figures from the July 2026 technical report.

Evidence · text

“Mineral Resource: Measured + Indicated (M+I) 11.4 Mt, grading 1.85% Cu”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

indicatedCuripamba-El Domo · goldTonnes: 11400000Grade: 2.11Grade Unit: g/tView all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:ca4de8abbb567c67ba74
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
11400000
Grade
2.11
Grade Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of M&I resource figures from the July 2026 technical report.

Evidence · text

“grading 1.85% Cu, 2.11 g/t Au”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

indicatedCuripamba-El Domo · zincTonnes: 11400000Grade: 2.42Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
zinc
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:ca4de8abbb567c67ba74
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
11400000
Grade
2.42
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of M&I resource figures from the July 2026 technical report.

Evidence · text

“2.42% Zn”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

indicatedCuripamba-El Domo · leadTonnes: 11400000Grade: 0.22Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
lead
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:ca4de8abbb567c67ba74
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
11400000
Grade
0.22
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of M&I resource figures from the July 2026 technical report.

Evidence · text

“0.22% Pb”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

indicatedCuripamba-El Domo · silverTonnes: 11400000Grade: 41.69Grade Unit: g/tView all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
silver
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:ca4de8abbb567c67ba74
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
11400000
Grade
41.69
Grade Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of M&I resource figures from the July 2026 technical report.

Evidence · text

“41.69 g/t Ag”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

inferredCuripamba-El Domo · copperTonnes: 3800000Grade: 0.46Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:eb67897de1c4aec3ec29
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3800000
Grade
0.46
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Inferred resource figures from the July 2026 technical report.

Evidence · text

“Inferred Mineral Resources 3.8 Mt, grading 0.46% Cu”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

inferredCuripamba-El Domo · zincTonnes: 3800000Grade: 0.97Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
zinc
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:eb67897de1c4aec3ec29
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3800000
Grade
0.97
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Inferred resource figures from the July 2026 technical report.

Evidence · text

“0.97% Zn”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

inferredCuripamba-El Domo · leadTonnes: 3800000Grade: 0.13Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
lead
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:eb67897de1c4aec3ec29
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3800000
Grade
0.13
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Inferred resource figures from the July 2026 technical report.

Evidence · text

“0.13% Pb”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

inferredCuripamba-El Domo · goldTonnes: 3800000Grade: 0.8Grade Unit: g/tView all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:eb67897de1c4aec3ec29
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3800000
Grade
0.8
Grade Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Inferred resource figures from the July 2026 technical report.

Evidence · text

“0.80 g/t Au”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

inferredCuripamba-El Domo · silverTonnes: 3800000Grade: 28.49Grade Unit: g/tView all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
silver
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
resource
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:eb67897de1c4aec3ec29
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
3800000
Grade
28.49
Grade Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Inferred resource figures from the July 2026 technical report.

Evidence · text

“28.49 g/t Ag”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

probableCuripamba-El Domo · goldTonnes: 7130000Grade: 2.55Grade Unit: g/tView all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:8f16c5811fbad04ed21e
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
7130000
Grade
2.55
Grade Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Mineral Reserve figures from the July 2026 technical report.

Evidence · text

“Mineral Reserves (Proven + Probable): 7.13 Mt, grading 2.55 g/t Au”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

probableCuripamba-El Domo · silverTonnes: 7130000Grade: 47.82Grade Unit: g/tView all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
silver
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:8f16c5811fbad04ed21e
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
7130000
Grade
47.82
Grade Unit
g/t

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Mineral Reserve figures from the July 2026 technical report.

Evidence · text

“47.82 g/t Ag”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

probableCuripamba-El Domo · copperTonnes: 7130000Grade: 1.93Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:8f16c5811fbad04ed21e
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
7130000
Grade
1.93
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Mineral Reserve figures from the July 2026 technical report.

Evidence · text

“1.93% Cu”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

probableCuripamba-El Domo · leadTonnes: 7130000Grade: 0.26Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
lead
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:8f16c5811fbad04ed21e
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
7130000
Grade
0.26
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Mineral Reserve figures from the July 2026 technical report.

Evidence · text

“0.26% Pb”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

probableCuripamba-El Domo · zincTonnes: 7130000Grade: 2.63Grade Unit: %View all details
Link to this fact

Identity

Project
Curipamba-El Domo
Commodity
zinc
Region
ecuador
Reported Region
Ecuador
Ticker
SRL

Resource scope

Estimate type
reserve
Effective date
2025-12-31T00:00:00.000Z
Reporting standards
ni_43_101
Resource group id
resource:8f16c5811fbad04ed21e
Mining method
open_pit
Ownership percent
100 %

Resource Data

Category
probable
Tonnes
7130000
Grade
2.63
Grade Unit
%

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Restatement of Mineral Reserve figures from the July 2026 technical report.

Evidence · text

“2.63% Zn”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

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

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.