# Smooth Rock Completes a Current Resource Estimate on the Palmetto Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6

Original source: https://money.tmx.com/en/quote/SMRV/news/4968158508707500/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project

Publisher: tmx

Original announcement: 2020-10-21T18:44:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Smooth Rock Ventures Corp.

- Ticker: SOCK

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update

- Extracted: 2026-09-16 23:17:24 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Smooth Rock Ventures Corp. has announced an updated NI 43-101 compliant Inferred mineral resource estimate for the Palmetto Gold Project in Nevada. The estimate, effective October 15, 2020, includes approximately 9.57 Mt at 0.96 g/t gold and 6.58 g/t silver, with the majority of the tonnage located in a pit-constrained zone.

Reasoning: The company released an updated Inferred resource estimate for the Palmetto project. While the resource is entirely Inferred, the update reflects current pricing and costs, and the company has expanded its land position to target extensions.

- Positive factor: NI 43-101 compliant

- Positive factor: Independent QP sign-off

- Positive factor: Expansion potential noted via land acquisition

- Negative factor: 100% Inferred resource

- Negative factor: Historical data basis

Facts used in scoring: 10

## Classification and evidence

**Inferred Resource**

Polarity: negative

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

Why it applies: The entire resource is classified as Inferred.

Evidence · text

> classified as an inferred resource

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource estimate was completed following NI 43-101 standards.

Evidence · text

> completed a current National Instrument \(" NI "\) 43-101 inferred resource estimate

**QP/CP Signed**

Polarity: positive

Definition: 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: Todd McCracken, P.Geo, is named as the independent Qualified Person.

Evidence · text

> prepared by WSP Canada Inc.'s author and independent qualified person, Todd McCracken, P.Geo.

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: The document does not explicitly state the cut-off grade for the total inferred resource, though it mentions specific cut-offs for the pit and underground components.

Evidence · text

> summarizes the pit constrained resource estimation at the 0.15 g/t gold cut-off

**Cut-off Disclosed**

Polarity: positive

Definition: 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: 10. Some facts used in scoring do not have a stored record.

## Resource Estimates (10)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-0)

Palmetto Project · gold

#### Identity

- Project: Palmetto Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:a73306e62af56cba8e45
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 9397000
- Grade: 0.93
- Grade Unit: g/t
- Contained Metal: 281581
- Contained Unit: oz.
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource.

- Negative factor: Inferred category

Evidence · table

> 0.93

Context: 9,397

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-1)

Palmetto Project · silver

#### Identity

- Project: Palmetto Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:a73306e62af56cba8e45
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 9397000
- Grade: 6.38
- Grade Unit: g/t
- Contained Metal: 1926652
- Contained Unit: oz.
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Silver byproduct in pit resource.

- Negative factor: Inferred category

Evidence · table

> 6.38

Context: 9,397

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-2)

Palmetto Project · gold

#### Identity

- Project: Palmetto Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c62e574f8f6ba78abcf6
- Deposit or zone: U/G
- Mining method: underground
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 170000
- Grade: 2.76
- Grade Unit: g/t
- Contained Metal: 11114
- Contained Unit: oz.
- Cutoff Grade: 2
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Higher grade underground component but very low tonnage.

- Positive factor: Higher grade than pit

- Negative factor: Low tonnage

- Negative factor: Inferred category

Evidence · table

> 2.76

Context: 170

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-3)

Palmetto Project · silver

#### Identity

- Project: Palmetto Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:c62e574f8f6ba78abcf6
- Deposit or zone: U/G
- Mining method: underground
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 170000
- Grade: 17.51
- Grade Unit: g/t
- Contained Metal: 95926
- Contained Unit: oz.
- Cutoff Grade: 2
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Silver byproduct in underground resource.

- Negative factor: Inferred category

Evidence · table

> 17.51

Context: 170

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-4)

Palmetto Project · gold

#### Identity

- Project: Palmetto Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1c7c3f094563be955a6a
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 9397
- Grade: 0.93
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.93

Context: 9,397

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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 Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-5)

Palmetto Project · silver

#### Identity

- Project: Palmetto Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:1c7c3f094563be955a6a
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 9397
- Grade: 6.38
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 6.38

Context: 9,397

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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 Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-6)

Palmetto Project · gold

#### Identity

- Project: Palmetto Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ae8c0c093f46fd53b700
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 170
- Grade: 2.76
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 2.76

Context: 170

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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 Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-7)

Palmetto Project · silver

#### Identity

- Project: Palmetto Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:ae8c0c093f46fd53b700
- Deposit or zone: Pit
- Mining method: open\_pit
- Material type: unknown

#### Resource Data

- Category: inferred
- Tonnes: 170
- Grade: 17.51
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 17.51

Context: 170

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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 Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-8)

Palmetto Project · gold

#### Identity

- Project: Palmetto Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:80059720c42cc15c7cc7
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 9567
- Grade: 0.96
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 0.96

Context: 9,567

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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 Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/smooth-rock-completes-a-current-resource-estimate-on-the-palmetto-project--d688d6bf-8fe2-4a46-bb56-c0e059cda7b6#fact-resource-facts-9)

Palmetto Project · silver

#### Identity

- Project: Palmetto Project
- Commodity: silver
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SOCK

#### Resource scope

- Estimate type: resource
- Effective date: 2020-10-15T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Todd McCracken
- Resource group id: resource:80059720c42cc15c7cc7
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 9567
- Grade: 6.58
- Grade Unit: g/t
- Cutoff Grade: 0.15
- Cutoff Unit: g/t gold

#### Prior Estimate

- Resource Date: 2020-10-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2020-10-21T00:00:00.000Z

Reasoning: Large tonnage pit-constrained inferred resource. \(Expanded from multi-commodity resource table for completeness.\)

- Negative factor: Inferred category

Evidence · table

> 6.58

Context: 9,567

#### 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 Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 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 Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

## 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.
