# Total Metals Completes High-Resolution Airborne Magnetic Survey at its High-Grade High Lake Gold Property, Northwestern Ontario Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/total-metals-completes-high-resolution-airborne-magnetic-survey-at-its-high-grad--1ba5cdac-4ea0-43ad-ab23-f2b148e094d3 Original source: https://money.tmx.com/en/quote/TT/news/5301664425609351/total-metals-completes-high-resolution-airborne-magnetic-survey-at-its-high-grad Publisher: tmx Original announcement: 2026-05-26T09:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Total Metals Corp. - Ticker: TT - Exchange: TSX - Region: Northwestern Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-17 02:43:48 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Total Metals Corp. has completed a high-resolution airborne magnetic survey at its High Lake Gold Property in Northwestern Ontario. The release also restates the Purdex Zone Mineral Resource estimate, which includes 151.9 kt of Indicated and 287.4 kt of Inferred resources at 9.38 g/t Au and 10.43 g/t Au respectively. Reasoning: The announcement primarily reports the completion of an airborne magnetic survey, but includes a restatement of a previously reported mineral resource estimate for the Purdex Zone. - Positive factor: High-grade resource reported - Positive factor: Completion of geophysical survey to refine targets - Negative factor: Resource is a re-release of a June 2023 estimate Facts used in scoring: 4 ## Classification and evidence **Stale Data Re-release** Polarity: negative Story-specific tag Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The mineral resource estimate provided is a restatement of an estimate previously prepared on June 30, 2023. Evidence · text > independently prepared by P&E previously on June 30, 2023. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical report and MRE follow NI 43-101 standards as indicated by the QP sign-off and technical report reference. Evidence · text > Qualified Person... as defined by National Instrument 43-101 ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-high-resolution-airborne-magnetic-survey-at-its-high-grad--1ba5cdac-4ea0-43ad-ab23-f2b148e094d3#fact-resource-facts-0) High Lake Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Project: High Lake Gold Property - Commodity: gold - Region: canada\_on - Reported Region: Northwestern Ontario - Ticker: TT #### Resource scope - Estimate type: resource - Effective date: 2025-11-30T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Robert Penczak - Resource group id: resource:bdeb0e613c12210641da - Deposit or zone: Purdex Zone - Mining method: underground - Material type: unknown #### Resource Data - Category: indicated - Tonnes: 151900 - Grade: 9.38 - Grade Unit: g/t - Cutoff Grade: 2.6 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-06-30T00:00:00.000Z #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: High-grade indicated resource component of a previously reported estimate. - Positive factor: High grade indicated resource - Negative factor: Historical data Evidence · table > 9.38 Context: 151.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-high-resolution-airborne-magnetic-survey-at-its-high-grad--1ba5cdac-4ea0-43ad-ab23-f2b148e094d3#fact-resource-facts-1) High Lake Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Project: High Lake Gold Property - Commodity: gold - Region: canada\_on - Reported Region: Northwestern Ontario - Ticker: TT #### Resource scope - Estimate type: resource - Effective date: 2025-11-30T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Robert Penczak - Resource group id: resource:b72e0081577c18062d38 - Deposit or zone: Purdex Zone - Mining method: underground - Material type: unknown #### Resource Data - Category: inferred - Tonnes: 287400 - Grade: 10.43 - Grade Unit: g/t - Cutoff Grade: 2.6 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-06-30T00:00:00.000Z #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: High-grade inferred resource component of a previously reported estimate. - Positive factor: High grade inferred resource - Negative factor: Historical data - Negative factor: Inferred uncertainty Evidence · table > 10.43 Context: 287.4 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-high-resolution-airborne-magnetic-survey-at-its-high-grad--1ba5cdac-4ea0-43ad-ab23-f2b148e094d3#fact-resource-facts-2) High Lake Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Project: High Lake Gold Property - Commodity: gold - Region: canada\_on - Reported Region: Northwestern Ontario - Ticker: TT #### Resource scope - Estimate type: resource - Effective date: 2025-11-30T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Robert Penczak - Resource group id: resource:4ddfb7e6bea2e5022eb3 - Deposit or zone: Purdex Zone - Mining method: underground - Material type: unknown - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 151.9 - Grade: 45.8 - Grade Unit: k oz - Cutoff Grade: 2.6 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-06-30T00:00:00.000Z #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: High-grade indicated resource component of a previously reported estimate. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade indicated resource - Negative factor: Historical data Evidence · table > 45.8 Context: 151.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/total-metals-completes-high-resolution-airborne-magnetic-survey-at-its-high-grad--1ba5cdac-4ea0-43ad-ab23-f2b148e094d3#fact-resource-facts-3) High Lake Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Project: High Lake Gold Property - Commodity: gold - Region: canada\_on - Reported Region: Northwestern Ontario - Ticker: TT #### Resource scope - Estimate type: resource - Effective date: 2025-11-30T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Robert Penczak - Resource group id: resource:01d221b436f7d9fd24bc - Deposit or zone: Purdex Zone - Mining method: underground - Material type: unknown - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 287.4 - Grade: 96.2 - Grade Unit: k oz - Cutoff Grade: 2.6 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-11-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-06-30T00:00:00.000Z #### Dates - Event date: 2026-05-26T00:00:00.000Z Reasoning: High-grade inferred resource component of a previously reported estimate. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade inferred resource - Negative factor: Historical data - Negative factor: Inferred uncertainty Evidence · table > 96.2 Context: 287.4 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.