Thunder Mountain Gold, Inc. Updated 43-101 Mineral Resource Estimate at South Mountain Shows Significant Increase
Original announcement by tmx on
- Company
- Thunder Mountain Gold, Inc.
- Ticker
- THM
- Exchange
- TSX
- Region
- Idaho, U.S.A.
- Primary commodity
- Zinc
- Secondary commodities
- Silver, Gold, Copper, Lead
- Document categories
- Resource update
- Extracted
- 2026-09-15 03:10:37 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Thunder Mountain Gold, Inc. announced an updated NI 43-101 Mineral Resource Estimate for its South Mountain Project in Idaho, effective October 16, 2023. The estimate reports a 7.7% increase in Measured & Indicated tonnage and a 15.1% increase in Inferred tonnage, with significant growth in contained zinc, silver, gold, and copper. The DMEA Zone was extended by 250 feet down-dip and remains open, confirming the project's continued high-grade mineralization.
Reasoning: The updated NI 43-101 Mineral Resource Estimate for the South Mountain Project shows substantial growth in both Measured & Indicated and Inferred categories across multiple high-value commodities, maintaining high grades and extending a key mineralized zone, all prepared to a high reporting standard.
Positive factors
- Significant increase in Measured & Indicated tonnage (7.7%) and Inferred tonnage (15.1%)
- Significant increase in contained zinc, silver, gold, and copper
- High-grade mineralization maintained
- DMEA Zone extended by 250 feet and remains open
- NI 43-101 compliant estimate by independent firm
- Qualified Person (QP) sign-off
- Detailed disclosure of metal equivalent assumptions and cut-off grade
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 45
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI-43-101").
Evidence · text
“prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI-43-101")”
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: Mr. Richard A. Schwering, SME-RM, P.G., of Hard Rock Consulting, LLC. is the QP for the estimate and is responsible for the South Mountain Project Mineral Resource Estimate.
Evidence · text
“The QP for the estimate Mr. Richard A. Schwering, SME-RM, P.G., of Hard Rock Consulting, LLC. is independent of South Mountain Mining, LLC.”
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: The Measured & Indicated tonnage increased by 7.7% and the Inferred tonnage increased by 15.1% from the previous 2021 MRE.
Evidence · text
“7.7% increase to the Measured & Indicated tonnage... 15.1% increase in the Inferred tonnage”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The update includes a significant increase in contained zinc, silver, gold, and copper, with specific increases of 14% in Inferred zinc and silver pounds.
Evidence · text
“significant increase in zinc, silver, gold, and copper. 15.1% increase in the Inferred tonnage, including a 14% increase in zinc and silver.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The mineral resource is reported at an underground mining cut-off of $97.50 U.S. Net Smelter Return ("NSR").
Evidence · text
“The mineral resource is reported at an underground mining cut-off of $97.50 U.S. Net Smelter Return ("NSR")”
Underground Miningneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The resource is reported at an underground mining cut-off of $97.50 U.S. Net Smelter Return ("NSR").
Evidence · text
“The mineral resource is reported at an underground mining cut-off of $97.50 U.S. Net Smelter Return ("NSR")”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document is titled "Updated 43-101 Mineral Resource Estimate" and describes a newly filed MRE incorporating recent drilling results.
Evidence · text
“Updated 43-101 Mineral Resource Estimate at South Mountain Shows Significant Increase”
Multi-Domain Testedpositive · Story-specific tag
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: The resource estimate provides details for two distinct metallurgical domains: Massive Sulfide Type and Skarn Type.
Evidence · table
“Massive Sulfide Type”
Context: Metallurgical Domain Classification
Extracted facts
Stored fact records: 45. Some facts used in scoring do not have a stored record.
Resource Estimates (45)
measuredSouth Mountain Project · zincTonnes: 48988Grade: 11.51Grade Unit: %Contained Metal: 12300000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:0080e8210acd07813441
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 48988
- Grade
- 11.51
- Grade Unit
- %
- Contained Metal
- 12300000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: High-grade zinc in the Measured category for the Massive Sulfide domain contributes to the overall resource increase and confidence.
Positive factors
- High-grade zinc in Measured category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“11.51”
Context: 54,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · silverTonnes: 48988Grade: 3.62Grade Unit: t. oz/ sh. TonContained Metal: 194000Contained Unit: t. ozView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:0080e8210acd07813441
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 48988
- Grade
- 3.62
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 194000
- Contained Unit
- t. oz
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Good silver grade in the Measured category for the Massive Sulfide domain adds to the project's polymetallic value.
Positive factors
- Significant silver grade in Measured category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“3.62”
Context: 54,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · goldTonnes: 48988Grade: 0.07Grade Unit: t. oz/ sh. TonContained Metal: 3800Contained Unit: t. ozView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:0080e8210acd07813441
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 48988
- Grade
- 0.07
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 3800
- Contained Unit
- t. oz
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Measured category for the Massive Sulfide domain adds to the polymetallic nature of the resource.
Positive factors
- Gold contribution in Measured category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.070”
Context: 54,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · copperTonnes: 48988Grade: 0.45Grade Unit: %Contained Metal: 500000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:0080e8210acd07813441
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 48988
- Grade
- 0.45
- Grade Unit
- %
- Contained Metal
- 500000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Measured category for the Massive Sulfide domain enhances the polymetallic value of the resource.
Positive factors
- Copper contribution in Measured category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.45”
Context: 54,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · leadTonnes: 48988Grade: 0.79Grade Unit: %Contained Metal: 850000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:0080e8210acd07813441
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 48988
- Grade
- 0.79
- Grade Unit
- %
- Contained Metal
- 850000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Measured category for the Massive Sulfide domain adds to the polymetallic nature of the resource.
Positive factors
- Lead contribution in Measured category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.79”
Context: 54,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · zincTonnes: 110656Grade: 11.15Grade Unit: %Contained Metal: 27300000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:7c1ad4054b4566a3098f
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 110656
- Grade
- 11.15
- Grade Unit
- %
- Contained Metal
- 27300000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: High-grade zinc in the Indicated category for the Massive Sulfide domain contributes significantly to the overall resource.
Positive factors
- High-grade zinc in Indicated category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“11.15”
Context: 122,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · silverTonnes: 110656Grade: 4.74Grade Unit: t. oz/ sh. TonContained Metal: 580000Contained Unit: t. ozView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:7c1ad4054b4566a3098f
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 110656
- Grade
- 4.74
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 580000
- Contained Unit
- t. oz
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Good silver grade in the Indicated category for the Massive Sulfide domain adds to the project's polymetallic value.
Positive factors
- Significant silver grade in Indicated category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“4.74”
Context: 122,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · goldTonnes: 110656Grade: 0.074Grade Unit: t. oz/ sh. TonContained Metal: 9100Contained Unit: t. ozView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:7c1ad4054b4566a3098f
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 110656
- Grade
- 0.074
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 9100
- Contained Unit
- t. oz
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Indicated category for the Massive Sulfide domain adds to the polymetallic nature of the resource.
Positive factors
- Gold contribution in Indicated category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.074”
Context: 122,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · copperTonnes: 110656Grade: 0.55Grade Unit: %Contained Metal: 1300000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:7c1ad4054b4566a3098f
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 110656
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 1300000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Indicated category for the Massive Sulfide domain enhances the polymetallic value of the resource.
Positive factors
- Copper contribution in Indicated category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.55”
Context: 122,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · leadTonnes: 110656Grade: 1.32Grade Unit: %Contained Metal: 3240000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:7c1ad4054b4566a3098f
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 110656
- Grade
- 1.32
- Grade Unit
- %
- Contained Metal
- 3240000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Indicated category for the Massive Sulfide domain adds to the polymetallic nature of the resource.
Positive factors
- Lead contribution in Indicated category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.32”
Context: 122,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · zincTonnes: 787400Grade: 8.25Grade Unit: %Contained Metal: 143200000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:a0605ac6a3482751e154
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 787400
- Grade
- 8.25
- Grade Unit
- %
- Contained Metal
- 143200000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Significant zinc tonnage in the Inferred category for the Massive Sulfide domain provides substantial future potential.
Positive factors
- Large tonnage of zinc in Inferred category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“8.25”
Context: 868,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · silverTonnes: 787400Grade: 5.96Grade Unit: t. oz/ sh. TonContained Metal: 5177000Contained Unit: t. ozView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:a0605ac6a3482751e154
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 787400
- Grade
- 5.96
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 5177000
- Contained Unit
- t. oz
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: High silver grade and substantial contained metal in the Inferred category for the Massive Sulfide domain adds significant future value.
Positive factors
- Significant silver grade and contained metal in Inferred category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“5.96”
Context: 868,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · goldTonnes: 787400Grade: 0.04Grade Unit: t. oz/ sh. TonContained Metal: 34700Contained Unit: t. ozView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:a0605ac6a3482751e154
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 787400
- Grade
- 0.04
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 34700
- Contained Unit
- t. oz
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Inferred category for the Massive Sulfide domain adds to the polymetallic nature of the resource.
Positive factors
- Gold contribution in Inferred category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.040”
Context: 868,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · copperTonnes: 787400Grade: 0.74Grade Unit: %Contained Metal: 12800000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:a0605ac6a3482751e154
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 787400
- Grade
- 0.74
- Grade Unit
- %
- Contained Metal
- 12800000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Inferred category for the Massive Sulfide domain enhances the polymetallic value of the resource.
Positive factors
- Copper contribution in Inferred category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.74”
Context: 868,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · leadTonnes: 787400Grade: 1.16Grade Unit: %Contained Metal: 20200000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:a0605ac6a3482751e154
- Deposit or zone
- Massive Sulfide Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 787400
- Grade
- 1.16
- Grade Unit
- %
- Contained Metal
- 20200000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Inferred category for the Massive Sulfide domain adds to the polymetallic nature of the resource.
Positive factors
- Lead contribution in Inferred category
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.16”
Context: 868,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · zincTonnes: 13608Grade: 0.99Grade Unit: %Contained Metal: 300000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:42119126325f8705f785
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 13608
- Grade
- 0.99
- Grade Unit
- %
- Contained Metal
- 300000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Zinc grade in the Measured category for the Skarn domain contributes to the overall resource.
Positive factors
- Zinc contribution in Measured category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.99”
Context: 15,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · silverTonnes: 13608Grade: 4.61Grade Unit: t. oz/ sh. TonContained Metal: 70000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:42119126325f8705f785
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 13608
- Grade
- 4.61
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 70000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Silver grade in the Measured category for the Skarn domain adds to the polymetallic value.
Positive factors
- Good silver grade in Measured category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“4.61”
Context: 15,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · goldTonnes: 13608Grade: 0.017Grade Unit: t. oz/ sh. TonContained Metal: 300Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:42119126325f8705f785
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 13608
- Grade
- 0.017
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 300
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Measured category for the Skarn domain adds to the polymetallic nature of the resource.
Positive factors
- Gold contribution in Measured category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.017”
Context: 15,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · copperTonnes: 13608Grade: 1.12Grade Unit: %Contained Metal: 300000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:42119126325f8705f785
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 13608
- Grade
- 1.12
- Grade Unit
- %
- Contained Metal
- 300000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Measured category for the Skarn domain enhances the polymetallic value of the resource.
Positive factors
- Good copper grade in Measured category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.12”
Context: 15,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · leadTonnes: 13608Grade: 0.27Grade Unit: %Contained Metal: 80000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:42119126325f8705f785
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 13608
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 80000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Measured category for the Skarn domain adds to the polymetallic nature of the resource.
Positive factors
- Lead contribution in Measured category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.27”
Context: 15,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · zincTonnes: 29030Grade: 0.44Grade Unit: %Contained Metal: 300000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:f73b5a504520723abd9f
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 29030
- Grade
- 0.44
- Grade Unit
- %
- Contained Metal
- 300000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Zinc grade in the Indicated category for the Skarn domain contributes to the overall resource.
Positive factors
- Zinc contribution in Indicated category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.44”
Context: 32,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · silverTonnes: 29030Grade: 3.44Grade Unit: t. oz/ sh. TonContained Metal: 109000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:f73b5a504520723abd9f
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 29030
- Grade
- 3.44
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 109000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Silver grade in the Indicated category for the Skarn domain adds to the polymetallic value.
Positive factors
- Good silver grade in Indicated category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“3.44”
Context: 32,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · goldTonnes: 29030Grade: 0.005Grade Unit: t. oz/ sh. TonContained Metal: 100Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:f73b5a504520723abd9f
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 29030
- Grade
- 0.005
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 100
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Indicated category for the Skarn domain adds to the polymetallic nature of the resource.
Positive factors
- Gold contribution in Indicated category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.005”
Context: 32,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · copperTonnes: 29030Grade: 1.12Grade Unit: %Contained Metal: 700000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:f73b5a504520723abd9f
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 29030
- Grade
- 1.12
- Grade Unit
- %
- Contained Metal
- 700000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Indicated category for the Skarn domain enhances the polymetallic value of the resource.
Positive factors
- Good copper grade in Indicated category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.12”
Context: 32,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · leadTonnes: 29030Grade: 0.07Grade Unit: %Contained Metal: 40000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:f73b5a504520723abd9f
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 29030
- Grade
- 0.07
- Grade Unit
- %
- Contained Metal
- 40000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Indicated category for the Skarn domain adds to the polymetallic nature of the resource.
Positive factors
- Lead contribution in Indicated category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.07”
Context: 32,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · zincTonnes: 82550Grade: 1.02Grade Unit: %Contained Metal: 1900000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:22accf84e2fa7883b4e8
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 82550
- Grade
- 1.02
- Grade Unit
- %
- Contained Metal
- 1900000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Zinc grade in the Inferred category for the Skarn domain contributes to the overall resource potential.
Positive factors
- Zinc contribution in Inferred category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.02”
Context: 91,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · silverTonnes: 82550Grade: 2.86Grade Unit: t. oz/ sh. TonContained Metal: 261000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:22accf84e2fa7883b4e8
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 82550
- Grade
- 2.86
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 261000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Silver grade in the Inferred category for the Skarn domain adds to the polymetallic value.
Positive factors
- Silver contribution in Inferred category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“2.86”
Context: 91,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · goldTonnes: 82550Grade: 0.005Grade Unit: t. oz/ sh. TonContained Metal: 400Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:22accf84e2fa7883b4e8
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 82550
- Grade
- 0.005
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 400
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Inferred category for the Skarn domain adds to the polymetallic nature of the resource.
Positive factors
- Gold contribution in Inferred category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.005”
Context: 91,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · copperTonnes: 82550Grade: 1.41Grade Unit: %Contained Metal: 2600000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:22accf84e2fa7883b4e8
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 82550
- Grade
- 1.41
- Grade Unit
- %
- Contained Metal
- 2600000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Inferred category for the Skarn domain enhances the polymetallic value of the resource.
Positive factors
- Good copper grade in Inferred category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.41”
Context: 91,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · leadTonnes: 82550Grade: 0.04Grade Unit: %Contained Metal: 70000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:22accf84e2fa7883b4e8
- Deposit or zone
- Skarn Type
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 82550
- Grade
- 0.04
- Grade Unit
- %
- Contained Metal
- 70000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Inferred category for the Skarn domain adds to the polymetallic nature of the resource.
Positive factors
- Lead contribution in Inferred category for Skarn domain
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.04”
Context: 91,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · zincTonnes: 62595Grade: 9.18Grade Unit: %Contained Metal: 12600000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:6bf68db341f5b6ee9daa
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 62595
- Grade
- 9.18
- Grade Unit
- %
- Contained Metal
- 12600000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: High-grade zinc in the Measured category for the total resource contributes significantly to the project's value.
Positive factors
- High-grade zinc in Measured category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“9.18”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · silverTonnes: 62595Grade: 3.84Grade Unit: t. oz/ sh. TonContained Metal: 264000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:6bf68db341f5b6ee9daa
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 62595
- Grade
- 3.84
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 264000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Good silver grade in the Measured category for the total resource adds to the project's polymetallic value.
Positive factors
- Significant silver grade in Measured category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“3.84”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · goldTonnes: 62595Grade: 0.058Grade Unit: t. oz/ sh. TonContained Metal: 4000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:6bf68db341f5b6ee9daa
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 62595
- Grade
- 0.058
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 4000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Measured category for the total resource adds to the polymetallic nature of the project.
Positive factors
- Gold contribution in Measured category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.058”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · copperTonnes: 62595Grade: 0.6Grade Unit: %Contained Metal: 800000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:6bf68db341f5b6ee9daa
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 62595
- Grade
- 0.6
- Grade Unit
- %
- Contained Metal
- 800000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Measured category for the total resource enhances the polymetallic value of the project.
Positive factors
- Copper contribution in Measured category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.60”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredSouth Mountain Project · leadTonnes: 62595Grade: 0.67Grade Unit: %Contained Metal: 930000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:6bf68db341f5b6ee9daa
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- measured
- Tonnes
- 62595
- Grade
- 0.67
- Grade Unit
- %
- Contained Metal
- 930000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Measured category for the total resource adds to the polymetallic nature of the project.
Positive factors
- Lead contribution in Measured category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.67”
Context: 69,000
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · zincTonnes: 139659Grade: 8.95Grade Unit: %Contained Metal: 27600000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:995732994e3d9aaefb16
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 139659
- Grade
- 8.95
- Grade Unit
- %
- Contained Metal
- 27600000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: High-grade zinc in the Indicated category for the total resource contributes significantly to the project's value.
Positive factors
- High-grade zinc in Indicated category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“8.95”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · silverTonnes: 139659Grade: 4.47Grade Unit: t. oz/ sh. TonContained Metal: 688000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:995732994e3d9aaefb16
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 139659
- Grade
- 4.47
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 688000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Good silver grade in the Indicated category for the total resource adds to the project's polymetallic value.
Positive factors
- Significant silver grade in Indicated category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“4.47”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · goldTonnes: 139659Grade: 0.06Grade Unit: t. oz/ sh. TonContained Metal: 9300Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:995732994e3d9aaefb16
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 139659
- Grade
- 0.06
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 9300
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Indicated category for the total resource adds to the polymetallic nature of the project.
Positive factors
- Gold contribution in Indicated category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.060”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · copperTonnes: 139659Grade: 0.66Grade Unit: %Contained Metal: 2000000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:995732994e3d9aaefb16
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 139659
- Grade
- 0.66
- Grade Unit
- %
- Contained Metal
- 2000000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Indicated category for the total resource enhances the polymetallic value of the project.
Positive factors
- Copper contribution in Indicated category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.66”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedSouth Mountain Project · leadTonnes: 139659Grade: 1.06Grade Unit: %Contained Metal: 3280000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:995732994e3d9aaefb16
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 139659
- Grade
- 1.06
- Grade Unit
- %
- Contained Metal
- 3280000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Indicated category for the total resource adds to the polymetallic nature of the project.
Positive factors
- Lead contribution in Indicated category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.06”
Context: 154,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · zincTonnes: 869900Grade: 7.56Grade Unit: %Contained Metal: 145000000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- zinc
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:e4815047bbf4b1ef356f
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 869900
- Grade
- 7.56
- Grade Unit
- %
- Contained Metal
- 145000000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Significant zinc tonnage in the Inferred category for the total resource provides substantial future potential.
Positive factors
- Large tonnage of zinc in Inferred category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“7.56”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · silverTonnes: 869900Grade: 5.67Grade Unit: t. oz/ sh. TonContained Metal: 5438000Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- silver
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:e4815047bbf4b1ef356f
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 869900
- Grade
- 5.67
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 5438000
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: High silver grade and substantial contained metal in the Inferred category for the total resource adds significant future value.
Positive factors
- Significant silver grade and contained metal in Inferred category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“5.67”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · goldTonnes: 869900Grade: 0.037Grade Unit: t. oz/ sh. TonContained Metal: 35200Contained Unit: oz/ sh. tonView all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:e4815047bbf4b1ef356f
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 869900
- Grade
- 0.037
- Grade Unit
- t. oz/ sh. Ton
- Contained Metal
- 35200
- Contained Unit
- oz/ sh. ton
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Gold grade in the Inferred category for the total resource adds to the polymetallic nature of the project.
Positive factors
- Gold contribution in Inferred category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.037”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · copperTonnes: 869900Grade: 0.8Grade Unit: %Contained Metal: 15400000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:e4815047bbf4b1ef356f
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 869900
- Grade
- 0.8
- Grade Unit
- %
- Contained Metal
- 15400000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Copper grade in the Inferred category for the total resource enhances the polymetallic value of the project.
Positive factors
- Copper contribution in Inferred category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“0.80”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredSouth Mountain Project · leadTonnes: 869900Grade: 1.06Grade Unit: %Contained Metal: 20270000Contained Unit: lb.View all detailsHide details
Identity
- Project
- South Mountain Project
- Commodity
- lead
- Region
- usa_id
- Reported Region
- Idaho, U.S.A.
- Ticker
- THM
Resource scope
- Estimate type
- resource
- Effective date
- 2023-10-16T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard A. Schwering
- Resource group id
- resource:e4815047bbf4b1ef356f
- Deposit or zone
- Total
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 869900
- Grade
- 1.06
- Grade Unit
- %
- Contained Metal
- 20270000
- Contained Unit
- lb.
- Cutoff Grade
- 97.5
- Cutoff Unit
- USD/ton NSR
Prior Estimate
- Resource Date
- 2023-10-16
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Global
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-12-21T00:00:00.000Z
Reasoning: Lead grade in the Inferred category for the total resource adds to the polymetallic nature of the project.
Positive factors
- Lead contribution in Inferred category (Total)
- Part of an updated NI 43-101 compliant resource
Evidence · table
“1.06”
Context: 959,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.