# U3O8 Corp. Sells the Laguna Salada Project to Focus on the Berlin Uranium and Battery Commodities Deposit Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d Original source: https://money.tmx.com/en/quote/GCOM/news/5495492741948399/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat Publisher: tmx Original announcement: 2021-06-11T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas 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 factor: Sale of Laguna Salada project provides cash to advance Berlin Deposit - Positive factor: Berlin Deposit resource estimate includes multiple battery commodities - Positive factor: Resource estimate is NI 43-101 compliant and QP signed - Negative factor: Berlin resource estimate is based on a 2013 PEA \(stale data\) Facts used in scoring: 21 ## Classification and evidence **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: 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 Compliant** Polarity: positive Definition: 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 Resource** Polarity: neutral Definition: 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) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-1) Berlin Deposit · uranium #### 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 factor: Stale data \(2013 PEA\) Evidence · table > 0.11% Context: 0.6 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-2) Berlin Deposit · phosphate #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-3) Berlin Deposit · nickel #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-4) Berlin Deposit · vanadium #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-5) Berlin Deposit · neodymium #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-6) Berlin Deposit · yttrium #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-7) Berlin Deposit · rhenium #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-8) Berlin Deposit · molybdenum #### 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-9) Berlin Deposit · uranium #### 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 factor: Stale data \(2013 PEA\) Evidence · table > 0.11% Context: 8.1 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-10) Berlin Deposit · phosphate #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-11) Berlin Deposit · nickel #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-12) Berlin Deposit · vanadium #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-13) Berlin Deposit · neodymium #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-14) Berlin Deposit · yttrium #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-15) Berlin Deposit · rhenium #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-16) Berlin Deposit · molybdenum #### 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Stale Estimate** Polarity: negative Definition: 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-17) Resource estimate of the Berlin · uranium #### 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 factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 70 Context: 0.6 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-18) Resource estimate of the Berlin · uranium #### 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 factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 813 Context: 8.1 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-19) Resource estimate of the Berlin · molybdenum #### 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 factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 0.8 Context: 0.6 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/u3o8-corp-sells-the-laguna-salada-project-to-focus-on-the-berlin-uranium-and-bat--dd300c2f-7a49-4ff3-ac13-7d758d94b20d#fact-resource-facts-20) Resource estimate of the Berlin · molybdenum #### 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 factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 11.0 Context: 8.1 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.