St. Augustine Announces Positive Results of the Kingking Copper-Gold Project Updated Preliminary Feasibility Study
Original announcement by tmx on
- Company
- St. Augustine Gold and Copper Limited
- Ticker
- SAU
- Exchange
- TSX
- Region
- Pantukan, Davao de Oro, Philippines
- Primary commodity
- Copper
- Secondary commodities
- Gold
- Document categories
- Resource update, Production, Metallurgy
- Extracted
- 2026-09-12 23:21:14 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
St. Augustine Gold and Copper Limited announced positive results from an updated Preliminary Feasibility Study (PFS) for its Kingking Copper-Gold Project in the Philippines. The study outlines a large-scale open pit operation with a 38-year mine life, featuring a Proven and Probable reserve of 960 million tonnes. Key financial indicators include an after-tax NPV of $4.18 billion and an IRR of 34.2%, with low C1 cash costs of $0.32 per pound of copper net of gold credits.
Reasoning: The updated Preliminary Feasibility Study for the Kingking Copper-Gold Project demonstrates robust economics with a substantial Proven and Probable reserve, strong financial returns, and low operating costs, providing a solid foundation for project advancement despite a lapsed processing permit.
Positive factors
- Robust financial metrics (NPV, IRR)
- Large Proven and Probable reserve base
- Low C1 cash costs
- Long mine life (38 years)
- NI 43-101 compliant study
- Material regulatory approvals in place
Negative factors
- Mineral Processing Permit is currently lapsed
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 57
Classification and evidence
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The document reports 'Proven Mineral Reserve' for both milling and leaching operations, indicating a high level of confidence in the economic viability of these reserves.
Evidence · table
“Proven Mineral Reserve:”
Context: 142.3
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The document reports 'Probable Mineral Reserve' for both milling and leaching operations, indicating a reasonable level of confidence in the economic viability of these reserves.
Evidence · table
“Probable Mineral Reserve:”
Context: 706.5
QP/CP Signedpositive
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: The 'NATIONAL INSTRUMENT 43-101 COMPLIANCE' section lists multiple Qualified Persons who have reviewed and approved the scientific, technical, and economic information.
Evidence · text
“The following Qualified Persons under National Instrument 43-101 ("NI 43-101") have reviewed and approved of the scientific, technical and economic information contained in this news release: Daniel Roth, PE, P.Eng. and Benjamin Bermudez, PE of M3 Engineering & Technology Corp., Art S. Ibrado, PE of Fort Lowell Consulting, Michael G. Hester, FAusIMM of Independent Mining Consultants, Inc., Donald Earnest, P.Geo., SME-RM of Resource Evaluation Inc., and John G. Aronson, SME, CEP of ESG Resiliency Plus, LLC.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The document explicitly states that the PFS was prepared in compliance with National Instrument 43-101.
Evidence · text
“NATIONAL INSTRUMENT 43-101 COMPLIANCE”
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: The entire document is an announcement of the results of an updated Preliminary Feasibility Study (PFS).
Evidence · text
“St. Augustine Announces Positive Results of the Kingking Copper-Gold Project Updated Preliminary Feasibility Study”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: The expected heap leaching copper recovery of 79% is strong for this processing route, falling within the strong band for heap leach copper.
Evidence · text
“Heap leaching copper recovery by SX-EW is expected to be 79%.”
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: The expected milling gold recovery of 72% is below the moderate band for mill processing, indicating a weaker recovery for this commodity and route.
Evidence · text
“Milling gold recovery is expected to be 72% through a combination of intensive leaching of gravity concentrate (20%) and froth flotation (52%).”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The document details processing via a concentrator at 60,000 tpd, including crushing, grinding, gravity concentration, and flotation.
Evidence · text
“Higher-grade oxide dominant ore containing above cutoff grade gold and all sulfide ore will be treated in a concentrator at 60,000 tpd. The concentrator process will consist of crushing, grinding, gravity concentration of free gold, and flotation of sulfide copper and gold to concentrate.”
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: The document describes processing via a heap leach at 40,000 tpd, consisting of crushing, agglomeration, and leaching utilizing on-off cells.
Evidence · text
“Oxide ore containing little or no gold, below cutoff grade, will be treated in a heap leach at 40,000 tpd. The heap leach process will consist of crushing, agglomeration, and leaching utilizing on-off cells.”
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: the document describes a gravity route ("gravity")
Extracted facts
Stored fact records: 57. Some facts used in scoring do not have a stored record.
Resource Estimates (54)
provenKingking Copper-Gold Project · copperTonnes: 142300000Grade: 0.33Grade Unit: %Contained Metal: 1037Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:be15d2c8d53bb0f53bf3
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 142300000
- Grade
- 0.33
- Grade Unit
- %
- Contained Metal
- 1037
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.33”
Context: 142.3
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 142300000Grade: 0.12Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:be15d2c8d53bb0f53bf3
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 142300000
- Grade
- 0.12
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.12”
Context: 142.3
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · goldTonnes: 142300000Grade: 0.49Grade Unit: g/tContained Metal: 2253Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:be15d2c8d53bb0f53bf3
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 142300000
- Grade
- 0.49
- Grade Unit
- g/t
- Contained Metal
- 2253
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.49”
Context: 142.3
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 45400000Grade: 0.52Grade Unit: %Contained Metal: 516Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:455f1f0db2539e5aa929
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- proven
- Tonnes
- 45400000
- Grade
- 0.52
- Grade Unit
- %
- Contained Metal
- 516
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.52”
Context: 45.4
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 45400000Grade: 0.3Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:455f1f0db2539e5aa929
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- proven
- Tonnes
- 45400000
- Grade
- 0.3
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.30”
Context: 45.4
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · goldTonnes: 45400000Grade: 0.71Grade Unit: g/tContained Metal: 1033Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:455f1f0db2539e5aa929
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- proven
- Tonnes
- 45400000
- Grade
- 0.71
- Grade Unit
- g/t
- Contained Metal
- 1033
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.71”
Context: 45.4
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 76500000Grade: 0.26Grade Unit: %Contained Metal: 444Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:01babbf2329191fedad2
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- proven
- Tonnes
- 76500000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 444
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.26”
Context: 76.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 76500000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:01babbf2329191fedad2
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- proven
- Tonnes
- 76500000
- Grade
- 0.04
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.04”
Context: 76.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · goldTonnes: 76500000Grade: 0.45Grade Unit: g/tContained Metal: 1117Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:01babbf2329191fedad2
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- proven
- Tonnes
- 76500000
- Grade
- 0.45
- Grade Unit
- g/t
- Contained Metal
- 1117
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.45”
Context: 76.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 20400000Grade: 0.17Grade Unit: %Contained Metal: 78Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:fe1d721b74b22c076556
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- proven
- Tonnes
- 20400000
- Grade
- 0.17
- Grade Unit
- %
- Contained Metal
- 78
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.17”
Context: 20.4
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 20400000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:fe1d721b74b22c076556
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- proven
- Tonnes
- 20400000
- Grade
- 0.02
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.02”
Context: 20.4
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · goldTonnes: 20400000Grade: 0.16Grade Unit: g/tContained Metal: 103Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:fe1d721b74b22c076556
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- proven
- Tonnes
- 20400000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 103
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.16”
Context: 20.4
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 706500000Grade: 0.24Grade Unit: %Contained Metal: 3803Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:9a812aea9ec116b047fc
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 706500000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 3803
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.24”
Context: 706.5
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 706500000Grade: 0.04Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:9a812aea9ec116b047fc
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 706500000
- Grade
- 0.04
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.04”
Context: 706.5
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 706500000Grade: 0.33Grade Unit: g/tContained Metal: 7519Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:9a812aea9ec116b047fc
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 706500000
- Grade
- 0.33
- Grade Unit
- g/t
- Contained Metal
- 7519
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.33”
Context: 706.5
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 52000000Grade: 0.36Grade Unit: %Contained Metal: 412Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:dcadfc70995de2a49c33
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- probable
- Tonnes
- 52000000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 412
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.36”
Context: 52.0
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 52000000Grade: 0.21Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:dcadfc70995de2a49c33
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- probable
- Tonnes
- 52000000
- Grade
- 0.21
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.21”
Context: 52.0
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 52000000Grade: 0.59Grade Unit: g/tContained Metal: 986Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:dcadfc70995de2a49c33
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- probable
- Tonnes
- 52000000
- Grade
- 0.59
- Grade Unit
- g/t
- Contained Metal
- 986
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.59”
Context: 52.0
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 499700000Grade: 0.25Grade Unit: %Contained Metal: 2776Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:37e00184b64708c1e79c
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- probable
- Tonnes
- 499700000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 2776
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.25”
Context: 499.7
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 499700000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:37e00184b64708c1e79c
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- probable
- Tonnes
- 499700000
- Grade
- 0.03
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.03”
Context: 499.7
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 499700000Grade: 0.36Grade Unit: g/tContained Metal: 5751Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:37e00184b64708c1e79c
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- probable
- Tonnes
- 499700000
- Grade
- 0.36
- Grade Unit
- g/t
- Contained Metal
- 5751
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.36”
Context: 499.7
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 154900000Grade: 0.18Grade Unit: %Contained Metal: 615Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:40c7a919e83da4736f7a
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 154900000
- Grade
- 0.18
- Grade Unit
- %
- Contained Metal
- 615
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.18”
Context: 154.9
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 154900000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:40c7a919e83da4736f7a
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 154900000
- Grade
- 0.02
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.02”
Context: 154.9
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 154900000Grade: 0.16Grade Unit: g/tContained Metal: 782Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:40c7a919e83da4736f7a
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 154900000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 782
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.16”
Context: 154.9
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 848900000Grade: 0.26Grade Unit: %Contained Metal: 4840Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:5bb68a2fb68ef5884bb2
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 848900000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 4840
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Metal Eq. Grade
- 0.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
- Metal equivalent assumptions disclosed
Evidence · table
“0.26”
Context: 848.9
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 848900000Grade: 0.06Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:5bb68a2fb68ef5884bb2
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 848900000
- Grade
- 0.06
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
- Metal equivalent assumptions disclosed
Evidence · table
“0.06”
Context: 848.9
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 848900000Grade: 0.36Grade Unit: g/tContained Metal: 9771Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:5bb68a2fb68ef5884bb2
- Deposit or zone
- Milling
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 848900000
- Grade
- 0.36
- Grade Unit
- g/t
- Contained Metal
- 9771
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
- Metal equivalent assumptions disclosed
Evidence · table
“0.36”
Context: 848.9
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 97400000Grade: 0.43Grade Unit: %Contained Metal: 928Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:6adc62d9638f394fd3bc
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- probable
- Tonnes
- 97400000
- Grade
- 0.43
- Grade Unit
- %
- Contained Metal
- 928
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.43”
Context: 97.4
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 97400000Grade: 0.25Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:6adc62d9638f394fd3bc
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- probable
- Tonnes
- 97400000
- Grade
- 0.25
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.25”
Context: 97.4
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 97400000Grade: 0.64Grade Unit: g/tContained Metal: 2018Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:6adc62d9638f394fd3bc
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- oxide
Resource Data
- Category
- probable
- Tonnes
- 97400000
- Grade
- 0.64
- Grade Unit
- g/t
- Contained Metal
- 2018
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.64”
Context: 97.4
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 576200000Grade: 0.25Grade Unit: %Contained Metal: 3220Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:b48c8d0e15fbdfd0f33e
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- probable
- Tonnes
- 576200000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 3220
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.25”
Context: 576.2
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 576200000Grade: 0.03Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:b48c8d0e15fbdfd0f33e
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- probable
- Tonnes
- 576200000
- Grade
- 0.03
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.03”
Context: 576.2
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 576200000Grade: 0.37Grade Unit: g/tContained Metal: 6868Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:b48c8d0e15fbdfd0f33e
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- sulphide
Resource Data
- Category
- probable
- Tonnes
- 576200000
- Grade
- 0.37
- Grade Unit
- g/t
- Contained Metal
- 6868
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.37”
Context: 576.2
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 175300000Grade: 0.18Grade Unit: %Contained Metal: 692Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:79ec2e2c1bb203f54fb9
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 175300000
- Grade
- 0.18
- Grade Unit
- %
- Contained Metal
- 692
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.18”
Context: 175.3
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 175300000Grade: 0.02Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:79ec2e2c1bb203f54fb9
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 175300000
- Grade
- 0.02
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.02”
Context: 175.3
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 175300000Grade: 0.16Grade Unit: g/tContained Metal: 885Contained Unit: kozView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:79ec2e2c1bb203f54fb9
- Deposit or zone
- Milling
- Mining method
- open_pit
- Material type
- stockpile
Resource Data
- Category
- probable
- Tonnes
- 175300000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 885
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.16”
Context: 175.3
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 50200000Grade: 0.25Grade Unit: %Contained Metal: 275Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:6c73885767c9d82c6297
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 50200000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 275
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.25”
Context: 50.2
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 50200000Grade: 0.16Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:6c73885767c9d82c6297
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 50200000
- Grade
- 0.16
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.16”
Context: 50.2
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · goldTonnes: 50200000View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:6c73885767c9d82c6297
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 50200000
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“N.A.”
Context: 50.2
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 60400000Grade: 0.21Grade Unit: %Contained Metal: 280Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:13d01b3e1f0d083aff9c
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 60400000
- Grade
- 0.21
- Grade Unit
- %
- Contained Metal
- 280
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.21”
Context: 60.4
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 60400000Grade: 0.12Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:13d01b3e1f0d083aff9c
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 60400000
- Grade
- 0.12
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.12”
Context: 60.4
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 60400000View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:13d01b3e1f0d083aff9c
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 60400000
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“N.A.”
Context: 60.4
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 110500000Grade: 0.23Grade Unit: %Contained Metal: 555Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:a827534b2efe9d600dd4
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 110500000
- Grade
- 0.23
- Grade Unit
- %
- Contained Metal
- 555
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.23”
Context: 110.5
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 110500000Grade: 0.14Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:a827534b2efe9d600dd4
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 110500000
- Grade
- 0.14
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.14”
Context: 110.5
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 110500000View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:a827534b2efe9d600dd4
- Deposit or zone
- Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 110500000
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“N.A.”
Context: 110.5
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 959400000Grade: 0.26Grade Unit: %Contained Metal: 5396Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:ada87a3426a1fa51ed8b
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 959400000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 5396
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.26”
Context: 959.4
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 959400000Grade: 0.06Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:ada87a3426a1fa51ed8b
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 959400000
- Grade
- 0.06
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.06”
Context: 959.4
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 959400000View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:ada87a3426a1fa51ed8b
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 959400000
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven/Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven/Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“N.A.”
Context: 959.4
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 192500000Grade: 0.31Grade Unit: %Contained Metal: 1312Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:3ad72f12c3b9947f1f8b
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 192500000
- Grade
- 0.31
- Grade Unit
- %
- Contained Metal
- 1312
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.31”
Context: 192.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · copperTonnes: 192500000Grade: 0.13Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:3ad72f12c3b9947f1f8b
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 192500000
- Grade
- 0.13
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.13”
Context: 192.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
provenKingking Copper-Gold Project · goldTonnes: 192500000View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:3ad72f12c3b9947f1f8b
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- proven
- Tonnes
- 192500000
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Proven reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Proven reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“N.A.”
Context: 192.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 766900000Grade: 0.24Grade Unit: %Contained Metal: 4083Contained Unit: mlbsView all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:77416a13a2b31418af0c
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 766900000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 4083
- Contained Unit
- mlbs
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.24”
Context: 766.9
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
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · copperTonnes: 766900000Grade: 0.05Grade Unit: %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:77416a13a2b31418af0c
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 766900000
- Grade
- 0.05
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“0.05”
Context: 766.9
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
probableKingking Copper-Gold Project · goldTonnes: 766900000View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Daniel Roth, Benjamin Bermudez, Art S. Ibrado, Michael G. Hester, Donald Earnest, John G. Aronson
- Resource group id
- resource:77416a13a2b31418af0c
- Deposit or zone
- Milling and Leaching
- Mining method
- open_pit
Resource Data
- Category
- probable
- Tonnes
- 766900000
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The updated PFS outlines a substantial Probable reserve for the Kingking Copper-Gold Project, providing a strong foundation for future development.
Positive factors
- Large Probable reserve base
- NI 43-101 compliant
- Multiple Qualified Persons signed off
Evidence · table
“N.A.”
Context: 766.9
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
QP/CP Signedpositive
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 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
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
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
Metallurgical Results (3)
flotationKingking Copper-Gold Project · copperRecovery: 85 %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- SX-EW and conventional froth flotation
Recovery
- Recovery
- 85 %
- Recovery Basis
- actual_test
Lab
- Laboratory
- M3 Engineering & Technology Corporation
- Consultant
- M3 Engineering & Technology Corporation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The expected milling copper recovery of 85% is a moderate result for a flotation-based process, contributing positively to project economics.
Positive factors
- Expected recovery is within moderate range for flotation
- PFS-level study provides high confidence
Evidence · text
“Milling copper recoveries of 85% are expected to be achieved through a combination of solvent extraction and electrowinning ("SX/EW", 23%) and conventional froth flotation (62%).”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
flotationKingking Copper-Gold Project · goldRecovery: 72 %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- gold
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Test Work
- Program Status
- detailed
- Test Type
- flotation
- Processing Route
- intensive leaching of gravity concentrate and froth flotation
Recovery
- Recovery
- 72 %
- Recovery Basis
- actual_test
Lab
- Laboratory
- M3 Engineering & Technology Corporation
- Consultant
- M3 Engineering & Technology Corporation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The expected milling gold recovery of 72% is a weak result for a mill-based process, indicating potential for optimization.
Positive factors
- PFS-level study provides high confidence
Negative factors
- Expected recovery is below moderate range for mill processing
Evidence · text
“Milling gold recovery is expected to be 72% through a combination of intensive leaching of gravity concentrate (20%) and froth flotation (52%).”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: processing_route matches the gravity signal
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: 72% is below the weak band (80%)
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
heap leachKingking Copper-Gold Project · copperRecovery: 79 %View all detailsHide details
Identity
- Project
- Kingking Copper-Gold Project
- Commodity
- copper
- Region
- philippines
- Reported Region
- Pantukan, Davao de Oro, Philippines
- Ticker
- SAU
Test Work
- Program Status
- detailed
- Test Type
- heap leach
- Processing Route
- heap leaching copper recovery by SX-EW
Recovery
- Recovery
- 79 %
- Recovery Basis
- actual_test
Lab
- Laboratory
- M3 Engineering & Technology Corporation
- Consultant
- M3 Engineering & Technology Corporation
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-07-31T00:00:00.000Z
Reasoning: The expected heap leaching copper recovery of 79% is a strong result for this processing route, positively impacting project economics.
Positive factors
- Expected recovery is strong for heap leach process
- PFS-level study provides high confidence
Evidence · text
“Heap leaching copper recovery by SX-EW is expected to be 79%.”
Tags used in scoring
Heap Leach Routeneutral
Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
Why it applies: processing_route matches the heap_leach signal
Byproduct Commodityneutral
The tested commodity is a byproduct rather than the primary economic driver.
Why it applies: the release describes a byproduct credit
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.