U3O8 Corp. Sells the Laguna Salada Project to Focus on the Berlin Uranium and Battery Commodities Deposit
Original announcement by tmx on
- Company
- U3O8 Corp.
- Ticker
- UWE.H
- Exchange
- TSX
- Region
- Colombia
- Primary commodity
- Uranium
- Secondary commodities
- Nickel, Vanadium, Phosphate, Neodymium, Yttrium, Rhenium, Molybdenum
- Document categories
- Resource update, Agreement transaction
- Extracted
- 2026-09-12 08:37:05 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
U3O8 Corp. has announced the sale of its Laguna Salada Project in Argentina to International Consolidated Uranium Inc. (CUR) via an option exercise. The proceeds will be used to advance the Berlin Deposit in Colombia, which contains a multi-commodity resource of uranium, nickel, vanadium, phosphate, and rare earth elements.
Reasoning: The company is divesting an asset to fund its primary uranium/battery commodity project, which has a multi-commodity resource estimate.
Positive factors
- Sale of Laguna Salada project provides cash to advance Berlin Deposit
- Berlin Deposit resource estimate includes multiple battery commodities
- Resource estimate is NI 43-101 compliant and QP signed
Negative factors
- Berlin resource estimate is based on a 2013 PEA (stale data)
Facts used in scoring: 21
Classification and evidence
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: Richard Spencer, Ph.D., BSc (Hons) is named as the Qualified Person.
Evidence · text
“verified and approved by Richard Spencer, Ph.D., BSc (Hons), who is a designated Professional Geoscientist (PGeo)”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate is explicitly stated to be in accordance with NI 43-101.
Evidence · text
“estimated in accordance with National Instrument 43-101”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
Why it applies: The document presents a resource estimate from a 2013 PEA, establishing the baseline for the Berlin Deposit.
Evidence · text
“The current resource estimate is shown in Table 1.”
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Resource Estimates (20)
indicatedBerlin Deposit · uraniumTonnes: 600000Grade: 0.11Grade Unit: %Contained Metal: 1.5Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- uranium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 0.11
- Grade Unit
- %
- Contained Metal
- 1.5
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated uranium grade for Berlin Deposit.
Negative factors
- Stale data (2013 PEA)
Evidence · table
“0.11%”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · phosphateTonnes: 600000Grade: 8.4Grade Unit: %Contained Metal: 0.05Contained Unit: mtView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- phosphate
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 8.4
- Grade Unit
- %
- Contained Metal
- 0.05
- Contained Unit
- mt
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated phosphate grade for Berlin Deposit.
Evidence · table
“8.4%”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · nickelTonnes: 600000Grade: 0.2Grade Unit: %Contained Metal: 3.1Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- nickel
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 0.2
- Grade Unit
- %
- Contained Metal
- 3.1
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated nickel grade for Berlin Deposit.
Evidence · table
“0.2%”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · vanadiumTonnes: 600000Grade: 0.4Grade Unit: %Contained Metal: 6Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- vanadium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 0.4
- Grade Unit
- %
- Contained Metal
- 6
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated vanadium grade for Berlin Deposit.
Evidence · table
“0.4%”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · neodymiumTonnes: 600000Grade: 110Grade Unit: ppmContained Metal: 70Contained Unit: tView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- neodymium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 110
- Grade Unit
- ppm
- Contained Metal
- 70
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated Neodymium grade for Berlin Deposit.
Evidence · table
“110ppm”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · yttriumTonnes: 600000Grade: 461Grade Unit: ppmContained Metal: 294Contained Unit: tView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- yttrium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 461
- Grade Unit
- ppm
- Contained Metal
- 294
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated Yttrium grade for Berlin Deposit.
Evidence · table
“461ppm”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · rheniumTonnes: 600000Grade: 6Grade Unit: ppmContained Metal: 4Contained Unit: tView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- rhenium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 6
- Grade Unit
- ppm
- Contained Metal
- 4
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated Rhenium grade for Berlin Deposit.
Evidence · table
“6ppm”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedBerlin Deposit · molybdenumTonnes: 600000Grade: 570Grade Unit: ppmContained Metal: 0.8Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- molybdenum
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:4158945595c5b125be64
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 570
- Grade Unit
- ppm
- Contained Metal
- 0.8
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Indicated Molybdenum grade for Berlin Deposit.
Evidence · table
“570ppm”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · uraniumTonnes: 8100000Grade: 0.11Grade Unit: %Contained Metal: 19.9Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- uranium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 0.11
- Grade Unit
- %
- Contained Metal
- 19.9
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred uranium grade for Berlin Deposit.
Negative factors
- Stale data (2013 PEA)
Evidence · table
“0.11%”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · phosphateTonnes: 8100000Grade: 9.4Grade Unit: %Contained Metal: 0.8Contained Unit: mtView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- phosphate
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 9.4
- Grade Unit
- %
- Contained Metal
- 0.8
- Contained Unit
- mt
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred phosphate grade for Berlin Deposit.
Evidence · table
“9.4%”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · nickelTonnes: 8100000Grade: 0.2Grade Unit: %Contained Metal: 42.1Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- nickel
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 0.2
- Grade Unit
- %
- Contained Metal
- 42.1
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred nickel grade for Berlin Deposit.
Evidence · table
“0.2%”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · vanadiumTonnes: 8100000Grade: 0.5Grade Unit: %Contained Metal: 91Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- vanadium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 0.5
- Grade Unit
- %
- Contained Metal
- 91
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred vanadium grade for Berlin Deposit.
Evidence · table
“0.5%”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · neodymiumTonnes: 8100000Grade: 100Grade Unit: ppmContained Metal: 813Contained Unit: tView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- neodymium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 100
- Grade Unit
- ppm
- Contained Metal
- 813
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred Neodymium grade for Berlin Deposit.
Evidence · table
“100ppm”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · yttriumTonnes: 8100000Grade: 500Grade Unit: ppmContained Metal: 4066Contained Unit: tView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- yttrium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 500
- Grade Unit
- ppm
- Contained Metal
- 4066
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred Yttrium grade for Berlin Deposit.
Evidence · table
“500ppm”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · rheniumTonnes: 8100000Grade: 7Grade Unit: ppmContained Metal: 55Contained Unit: tView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- rhenium
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 7
- Grade Unit
- ppm
- Contained Metal
- 55
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred Rhenium grade for Berlin Deposit.
Evidence · table
“7ppm”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
inferredBerlin Deposit · molybdenumTonnes: 8100000Grade: 620Grade Unit: ppmContained Metal: 11Contained Unit: mlbView all detailsHide details
Identity
- Project
- Berlin Deposit
- Commodity
- molybdenum
- Region
- colombia
- Reported Region
- Colombia
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Richard Spencer
- Resource group id
- resource:5c661be2429916c6f403
- Deposit or zone
- Berlin Deposit
- Resource basis
- gross
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 620
- Grade Unit
- ppm
- Contained Metal
- 11
- Contained Unit
- mlb
Prior Estimate
- Resource Date
- 2013-01-18
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Inferred Molybdenum grade for Berlin Deposit.
Evidence · table
“620ppm”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 8.4 years before this release
indicatedResource estimate of the Berlin · uraniumTonnes: 600000Grade: 70Grade Unit: mlbView all detailsHide details
Identity
- Project
- Resource estimate of the Berlin
- Commodity
- uranium
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:fcf4a019e5400f67bda9
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 70
- Grade Unit
- mlb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“70”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
inferredResource estimate of the Berlin · uraniumTonnes: 8100000Grade: 813Grade Unit: mlbView all detailsHide details
Identity
- Project
- Resource estimate of the Berlin
- Commodity
- uranium
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0ad1a60861520addbce1
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 813
- Grade Unit
- mlb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“813”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
indicatedResource estimate of the Berlin · molybdenumTonnes: 600000Grade: 0.8Grade Unit: mlbView all detailsHide details
Identity
- Project
- Resource estimate of the Berlin
- Commodity
- molybdenum
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:fcf4a019e5400f67bda9
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 0.8
- Grade Unit
- mlb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“0.8”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
inferredResource estimate of the Berlin · molybdenumTonnes: 8100000Grade: 11Grade Unit: mlbView all detailsHide details
Identity
- Project
- Resource estimate of the Berlin
- Commodity
- molybdenum
- Ticker
- UWE.H
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:0ad1a60861520addbce1
Resource Data
- Category
- inferred
- Tonnes
- 8100000
- Grade
- 11
- Grade Unit
- mlb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2021-06-11T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“11.0”
Context: 8.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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
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.