Tudor Gold Announces Updated Mineral Resource Estimate for Treaty Creek Project, with Higher-Grade Sensitivities

Original announcement by tmx on

Company
Tudor Gold Corp.
Ticker
TUD
Exchange
TSX
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Resource update
Extracted
2026-09-17 03:02:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Tudor Gold has released an updated 2026 Mineral Resource Estimate for the Treaty Creek Project, highlighting a 15% increase in Indicated gold resources compared to the 2024 estimate. The update includes higher-grade sensitivities at US$125/t and US$175/t NSR cut-offs and is prepared for a potential underground mining scenario.

Reasoning: The update provides a significant increase in Indicated gold resources and demonstrates robust grade retention at higher NSR cut-offs, de-risking the project for future underground mine planning.

Positive factors

  • 15% increase in Indicated gold resources vs 2024 estimate
  • Strong higher-grade sensitivity profile
  • NI 43-101 compliant with independent QP sign-off
  • Clear underground mining scenario defined

Facts used in scoring: 45

Classification and evidence

Indicated Resourcepositive

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

Why it applies: The estimate includes a significant Indicated component of 912.3 Mt.

Evidence · text

“Indicated Mineral Resource of 24.9 million ounces of gold”

NI 43-101 Compliantpositive

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

Why it applies: The MRE was prepared in accordance with NI 43-101 standards.

Evidence · text

“in accordance with National Instrument 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: Garth Kirkham, P.Geo. of KGL is named as the independent Qualified Person.

Evidence · text

“prepared by Garth Kirkham, P.Geo. of KGL, who is an independent Qualified Person”

Cut-off Disclosedpositive

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

Why it applies: The base case MRE is reported at a US$50/t NSR cut-off.

Evidence · text

“reported at a NSR cut-off value of US$50 per tonne”

Resource Updateneutral

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

Why it applies: The company is reporting an updated 2026 Mineral Resource Estimate.

Evidence · text

“is pleased to report an updated Mineral Resource estimate”

Extracted facts

Stored fact records: 45. Some facts used in scoring do not have a stored record.

Resource Estimates (45)

indicatedTreaty Creek Project · goldTonnes: 912300000Grade: 0.85Grade Unit: g/tContained Metal: 24.9Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:9e22bbedf57dba5122f3
Mining method
underground

Resource Data

Category
indicated
Tonnes
912300000
Grade
0.85
Grade Unit
g/t
Contained Metal
24.9
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base.

Positive factors

  • Significant tonnage and grade

Evidence · table

“0.85”

Context: 912.3

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek Project · silverTonnes: 912300000Grade: 5.07Grade Unit: g/tContained Metal: 148.7Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:9e22bbedf57dba5122f3
Mining method
underground

Resource Data

Category
indicated
Tonnes
912300000
Grade
5.07
Grade Unit
g/t
Contained Metal
148.7
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Significant silver byproduct.

Evidence · table

“5.07”

Context: 912.3

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek Project · copperTonnes: 912300000Grade: 0.15Grade Unit: %Contained Metal: 3048Contained Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:9e22bbedf57dba5122f3
Mining method
underground

Resource Data

Category
indicated
Tonnes
912300000
Grade
0.15
Grade Unit
%
Contained Metal
3048
Contained Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Copper byproduct included.

Evidence · table

“0.15”

Context: 912.3

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek Project · goldTonnes: 86100000Grade: 1.43Grade Unit: g/tContained Metal: 4Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:078ec3d53305fb880a8f
Mining method
underground

Resource Data

Category
inferred
Tonnes
86100000
Grade
1.43
Grade Unit
g/t
Contained Metal
4
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component.

Evidence · table

“1.43”

Context: 86.1

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek Project · silverTonnes: 86100000Grade: 5.22Grade Unit: g/tContained Metal: 18.6Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:078ec3d53305fb880a8f
Mining method
underground

Resource Data

Category
inferred
Tonnes
86100000
Grade
5.22
Grade Unit
g/t
Contained Metal
18.6
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred silver component.

Evidence · table

“5.22”

Context: 86.1

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek Project · copperTonnes: 86100000Grade: 0.17Grade Unit: %Contained Metal: 327.7Contained Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:078ec3d53305fb880a8f
Mining method
underground

Resource Data

Category
inferred
Tonnes
86100000
Grade
0.17
Grade Unit
%
Contained Metal
327.7
Contained Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred copper component.

Evidence · table

“0.17”

Context: 86.1

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek Project · goldTonnes: 252500000Grade: 0.96Grade Unit: g/tContained Metal: 7.8Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:51dbc9ca56c41f2d3baf
Mining method
underground

Resource Data

Category
indicated
Tonnes
252500000
Grade
0.96
Grade Unit
g/t
Contained Metal
7.8
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Upper zone indicated gold.

Evidence · table

“0.96”

Context: 252.5

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek Project · goldTonnes: 451600000Grade: 0.71Grade Unit: g/tContained Metal: 10.3Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:f9849cb2009b3531014c
Mining method
underground

Resource Data

Category
indicated
Tonnes
451600000
Grade
0.71
Grade Unit
g/t
Contained Metal
10.3
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Central zone indicated gold.

Evidence · table

“0.71”

Context: 451.6

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek Project · goldTonnes: 208200000Grade: 1.03Grade Unit: g/tContained Metal: 6.9Contained Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:bbfa5987b57b66e17dbf
Mining method
underground

Resource Data

Category
indicated
Tonnes
208200000
Grade
1.03
Grade Unit
g/t
Contained Metal
6.9
Contained Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Lower zone indicated gold.

Evidence · table

“1.03”

Context: 208.2

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

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · goldTonnes: 912.3Grade: 24.9Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:2b906cbc0d03ed294638
Mining method
underground

Resource Data

Category
indicated
Tonnes
912.3
Grade
24.9
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“24.9”

Context: 912.3

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · silverTonnes: 912.3Grade: 148.7Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:2b906cbc0d03ed294638
Mining method
underground

Resource Data

Category
indicated
Tonnes
912.3
Grade
148.7
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“148.7”

Context: 912.3

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · copperTonnes: 912.3Grade: 3048Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:2b906cbc0d03ed294638
Mining method
underground

Resource Data

Category
indicated
Tonnes
912.3
Grade
3048
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“3,048.0”

Context: 912.3

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · goldTonnes: 86.1Grade: 4Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:52124fb44e5aaa523447
Mining method
underground

Resource Data

Category
inferred
Tonnes
86.1
Grade
4
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“4.0”

Context: 86.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · silverTonnes: 86.1Grade: 18.6Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:52124fb44e5aaa523447
Mining method
underground

Resource Data

Category
inferred
Tonnes
86.1
Grade
18.6
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“18.6”

Context: 86.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · copperTonnes: 86.1Grade: 327.7Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:52124fb44e5aaa523447
Mining method
underground

Resource Data

Category
inferred
Tonnes
86.1
Grade
327.7
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“327.7”

Context: 86.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · goldTonnes: 102.1Grade: 5.8Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:5f2bfec74e5f98b37084
Mining method
underground

Resource Data

Category
indicated
Tonnes
102.1
Grade
5.8
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“5.8”

Context: 102.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · silverTonnes: 102.1Grade: 30.2Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:5f2bfec74e5f98b37084
Mining method
underground

Resource Data

Category
indicated
Tonnes
102.1
Grade
30.2
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“30.2”

Context: 102.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · copperTonnes: 102.1Grade: 607.2Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:5f2bfec74e5f98b37084
Mining method
underground

Resource Data

Category
indicated
Tonnes
102.1
Grade
607.2
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“607.2”

Context: 102.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · goldTonnes: 21.8Grade: 2.6Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:114d9b7b89c465dd50b5
Mining method
underground

Resource Data

Category
inferred
Tonnes
21.8
Grade
2.6
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“2.6”

Context: 21.8

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · silverTonnes: 21.8Grade: 7.2Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:114d9b7b89c465dd50b5
Mining method
underground

Resource Data

Category
inferred
Tonnes
21.8
Grade
7.2
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“7.2”

Context: 21.8

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · copperTonnes: 21.8Grade: 67.8Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:114d9b7b89c465dd50b5
Mining method
underground

Resource Data

Category
inferred
Tonnes
21.8
Grade
67.8
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“67.8”

Context: 21.8

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · goldTonnes: 45.1Grade: 3.4Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:63af4f2c2b25975ccf82
Mining method
underground

Resource Data

Category
indicated
Tonnes
45.1
Grade
3.4
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“3.4”

Context: 45.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · silverTonnes: 45.1Grade: 13.4Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:63af4f2c2b25975ccf82
Mining method
underground

Resource Data

Category
indicated
Tonnes
45.1
Grade
13.4
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“13.4”

Context: 45.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · copperTonnes: 45.1Grade: 167.3Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:63af4f2c2b25975ccf82
Mining method
underground

Resource Data

Category
indicated
Tonnes
45.1
Grade
167.3
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“167.3”

Context: 45.1

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · goldTonnes: 18.3Grade: 2.4Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:69e9e50fa9bfa14d7080
Mining method
underground

Resource Data

Category
inferred
Tonnes
18.3
Grade
2.4
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“2.4”

Context: 18.3

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · silverTonnes: 18.3Grade: 6.6Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:69e9e50fa9bfa14d7080
Mining method
underground

Resource Data

Category
inferred
Tonnes
18.3
Grade
6.6
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“6.6”

Context: 18.3

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · copperTonnes: 18.3Grade: 65.3Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:69e9e50fa9bfa14d7080
Mining method
underground

Resource Data

Category
inferred
Tonnes
18.3
Grade
65.3
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“65.3”

Context: 18.3

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · goldTonnes: 252.5Grade: 7.8Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:81905874b79369afe94c
Deposit or zone
Upper
Mining method
underground

Resource Data

Category
indicated
Tonnes
252.5
Grade
7.8
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“7.8”

Context: 252.5

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · silverTonnes: 252.5Grade: 29.2Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:81905874b79369afe94c
Deposit or zone
Upper
Mining method
underground

Resource Data

Category
indicated
Tonnes
252.5
Grade
29.2
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“29.2”

Context: 252.5

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · copperTonnes: 252.5Grade: 111.3Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:81905874b79369afe94c
Deposit or zone
Upper
Mining method
underground

Resource Data

Category
indicated
Tonnes
252.5
Grade
111.3
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“111.3”

Context: 252.5

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · goldTonnes: 18.9Grade: 0.5Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:3a10c6a95e6d1ea3bc7f
Deposit or zone
Upper
Mining method
underground

Resource Data

Category
inferred
Tonnes
18.9
Grade
0.5
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“0.5”

Context: 18.9

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · silverTonnes: 18.9Grade: 1.9Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:3a10c6a95e6d1ea3bc7f
Deposit or zone
Upper
Mining method
underground

Resource Data

Category
inferred
Tonnes
18.9
Grade
1.9
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“1.9”

Context: 18.9

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · copperTonnes: 18.9Grade: 8.3Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:3a10c6a95e6d1ea3bc7f
Deposit or zone
Upper
Mining method
underground

Resource Data

Category
inferred
Tonnes
18.9
Grade
8.3
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“8.3”

Context: 18.9

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · goldTonnes: 451.6Grade: 10.3Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:b4cf7549d00018f90861
Deposit or zone
Central
Mining method
underground

Resource Data

Category
indicated
Tonnes
451.6
Grade
10.3
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“10.3”

Context: 451.6

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · silverTonnes: 451.6Grade: 79.7Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:b4cf7549d00018f90861
Deposit or zone
Central
Mining method
underground

Resource Data

Category
indicated
Tonnes
451.6
Grade
79.7
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“79.7”

Context: 451.6

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · copperTonnes: 451.6Grade: 2887.5Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:b4cf7549d00018f90861
Deposit or zone
Central
Mining method
underground

Resource Data

Category
indicated
Tonnes
451.6
Grade
2887.5
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“2,887.5”

Context: 451.6

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · goldTonnes: 52.5Grade: 2.4Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:b971cd9809d8b6690106
Deposit or zone
Central
Mining method
underground

Resource Data

Category
inferred
Tonnes
52.5
Grade
2.4
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“2.4”

Context: 52.5

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · silverTonnes: 52.5Grade: 11.9Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:b971cd9809d8b6690106
Deposit or zone
Central
Mining method
underground

Resource Data

Category
inferred
Tonnes
52.5
Grade
11.9
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“11.9”

Context: 52.5

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · copperTonnes: 52.5Grade: 312.7Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:b971cd9809d8b6690106
Deposit or zone
Central
Mining method
underground

Resource Data

Category
inferred
Tonnes
52.5
Grade
312.7
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“312.7”

Context: 52.5

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · goldTonnes: 208.2Grade: 6.9Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:215d33eee075b3ce28b8
Deposit or zone
Lower
Mining method
underground

Resource Data

Category
indicated
Tonnes
208.2
Grade
6.9
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“6.9”

Context: 208.2

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · silverTonnes: 208.2Grade: 39.8Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:215d33eee075b3ce28b8
Deposit or zone
Lower
Mining method
underground

Resource Data

Category
indicated
Tonnes
208.2
Grade
39.8
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“39.8”

Context: 208.2

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

indicatedTreaty Creek · copperTonnes: 208.2Grade: 91.8Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:215d33eee075b3ce28b8
Deposit or zone
Lower
Mining method
underground

Resource Data

Category
indicated
Tonnes
208.2
Grade
91.8
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Large indicated resource base. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • Significant tonnage and grade

Evidence · table

“91.8”

Context: 208.2

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · goldTonnes: 14.7Grade: 1.1Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:15b8bc57121ef7d4653a
Deposit or zone
Lower
Mining method
underground

Resource Data

Category
inferred
Tonnes
14.7
Grade
1.1
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“1.1”

Context: 14.7

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · silverTonnes: 14.7Grade: 4.8Grade Unit: m ozView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
silver
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:15b8bc57121ef7d4653a
Deposit or zone
Lower
Mining method
underground

Resource Data

Category
inferred
Tonnes
14.7
Grade
4.8
Grade Unit
m oz
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“4.8”

Context: 14.7

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredTreaty Creek · copperTonnes: 14.7Grade: 9.7Grade Unit: m lbsView all details
Link to this fact

Identity

Project
Treaty Creek
Commodity
copper
Region
canada_bc
Reported Region
British Columbia
Ticker
TUD

Resource scope

Estimate type
resource
Effective date
2025-11-30T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Garth Kirkham
Resource group id
resource:15b8bc57121ef7d4653a
Deposit or zone
Lower
Mining method
underground

Resource Data

Category
inferred
Tonnes
14.7
Grade
9.7
Grade Unit
m lbs
Cutoff Grade
50
Cutoff Unit
US$/tonne

Prior Estimate

Resource Date
2025-11-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-01-22T00:00:00.000Z

Reasoning: Inferred resource component. (Expanded from multi-commodity resource table for completeness.)

Evidence · table

“9.7”

Context: 14.7

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

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Resource Updateneutral

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

Why it applies: the release compares against a previous estimate

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.