# XXIX Commences Drill Program at Thierry K1 Deposit, Ontario's Largest Primary Copper Resource

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a

Original source: https://money.tmx.com/en/quote/XXIX/news/5880739471215944/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop

Publisher: tmx

Original announcement: 2026-07-20T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: XXIX Metal Corp.

- Ticker: XXIX

- Exchange: TSX

- Region: Ontario

- Primary commodity: Copper

- Secondary commodities: Nickel, Gold, Platinum, Palladium, Silver

- Document categories: Resource update, Drill results, Other

- Extracted: 2026-09-17 06:31:27 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

XXIX Metal Corp. has commenced a 20,000-metre drill program at the Thierry Copper Project in Ontario to validate a new bulk-tonnage geological interpretation of the K1 deposit. The company is well-funded with $19 million in cash and aims to use the results to support an updated mineral resource estimate.

Reasoning: The announcement marks a transition from data reinterpretation to active exploration execution with a significant drill program aimed at validating a new geological model.

- Positive factor: Commencement of a large-scale 20,000m drill program

- Positive factor: New bulk-tonnage geological interpretation of K1

- Positive factor: Strong cash position \($19M\) and fully funded through 2026

- Positive factor: Significant historical dataset \(210,000m\) reinterpreted

- Negative factor: Existing resource estimates \(2021\) are considered historical and incomplete by the company

Facts used in scoring: 19

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The program is designed to test the scale and continuity of the K1 deposit under a new interpretation.

Evidence · text

> designed to test grade, scale and continuity under XXIX's updated bulk-tonnage interpretation

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The 2021 K1 and K2 estimates are explicitly identified as historical and not treated as current mineral resources.

Evidence · text

> The Company considers the earlier K1 estimate historical and incomplete

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: A Qualified Person \(Denis McNichols, P.Geo\) is named and has reviewed the technical information.

Evidence · text

> reviewed and approved by Denis McNichols, P.Geo

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Resource Estimates (18)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-1)

Thierry Copper Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:7a090f152ce7067d25d4
- Deposit or zone: K1 Zone

#### Resource Data

- Category: inferred
- Tonnes: 53600000
- Grade: 0.38
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Historical inferred resource being used as a baseline for new drilling.

- Negative factor: Company considers this estimate historical and incomplete

Evidence · table

> 0.38

Context: 53.6

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-2)

Thierry Copper Project · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:7a090f152ce7067d25d4
- Deposit or zone: K1 Zone

#### Resource Data

- Category: inferred
- Tonnes: 53600000
- Grade: 0.1
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct nickel grade in historical K1 resource.

Evidence · table

> 0.10

Context: 53.6

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-3)

Thierry Copper Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:7a090f152ce7067d25d4
- Deposit or zone: K1 Zone

#### Resource Data

- Category: inferred
- Tonnes: 53600000
- Grade: 0.1
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct gold grade in historical K1 resource.

Evidence · table

> 0.10

Context: 53.6

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-4)

Thierry Copper Project · platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:7a090f152ce7067d25d4
- Deposit or zone: K1 Zone

#### Resource Data

- Category: inferred
- Tonnes: 53600000
- Grade: 0.07
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct platinum grade in historical K1 resource.

Evidence · table

> 0.07

Context: 53.6

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-5)

Thierry Copper Project · palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:7a090f152ce7067d25d4
- Deposit or zone: K1 Zone

#### Resource Data

- Category: inferred
- Tonnes: 53600000
- Grade: 0.21
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct palladium grade in historical K1 resource.

Evidence · table

> 0.21

Context: 53.6

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-6)

Thierry Copper Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:7a090f152ce7067d25d4
- Deposit or zone: K1 Zone

#### Resource Data

- Category: inferred
- Tonnes: 53600000
- Grade: 1.8
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct silver grade in historical K1 resource.

Evidence · table

> 1.8

Context: 53.6

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-7)

Thierry Copper Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:cdf53c9d7958c9f2aeed
- Deposit or zone: K2 Zone

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 1.66
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Historical M&amp;I resource for K2 zone.

Evidence · table

> 1.66

Context: 8.8

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-8)

Thierry Copper Project · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:cdf53c9d7958c9f2aeed
- Deposit or zone: K2 Zone

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 0.19
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct nickel grade in historical K2 resource.

Evidence · table

> 0.19

Context: 8.8

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-9)

Thierry Copper Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:cdf53c9d7958c9f2aeed
- Deposit or zone: K2 Zone

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 0.05
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct gold grade in historical K2 resource.

Evidence · table

> 0.05

Context: 8.8

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-10)

Thierry Copper Project · platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:cdf53c9d7958c9f2aeed
- Deposit or zone: K2 Zone

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 0.04
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct platinum grade in historical K2 resource.

Evidence · table

> 0.04

Context: 8.8

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-11)

Thierry Copper Project · palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:cdf53c9d7958c9f2aeed
- Deposit or zone: K2 Zone

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 0.13
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct palladium grade in historical K2 resource.

Evidence · table

> 0.13

Context: 8.8

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-12)

Thierry Copper Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:cdf53c9d7958c9f2aeed
- Deposit or zone: K2 Zone

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 4
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct silver grade in historical K2 resource.

Evidence · table

> 4.0

Context: 8.8

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-13)

Thierry Copper Project · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: copper
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:d7aec014a3fbed638a40
- Deposit or zone: K2 Zone

#### Resource Data

- Category: inferred
- Tonnes: 14900000
- Grade: 1.64
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Historical inferred resource for K2 zone.

Evidence · table

> 1.64

Context: 14.9

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-14)

Thierry Copper Project · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: nickel
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:d7aec014a3fbed638a40
- Deposit or zone: K2 Zone

#### Resource Data

- Category: inferred
- Tonnes: 14900000
- Grade: 0.16
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct nickel grade in historical K2 resource.

Evidence · table

> 0.16

Context: 14.9

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-15)

Thierry Copper Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:d7aec014a3fbed638a40
- Deposit or zone: K2 Zone

#### Resource Data

- Category: inferred
- Tonnes: 14900000
- Grade: 0.1
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct gold grade in historical K2 resource.

Evidence · table

> 0.10

Context: 14.9

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-16)

Thierry Copper Project · platinum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: platinum
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:d7aec014a3fbed638a40
- Deposit or zone: K2 Zone

#### Resource Data

- Category: inferred
- Tonnes: 14900000
- Grade: 0.07
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct platinum grade in historical K2 resource.

Evidence · table

> 0.07

Context: 14.9

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-17)

Thierry Copper Project · palladium

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: palladium
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:d7aec014a3fbed638a40
- Deposit or zone: K2 Zone

#### Resource Data

- Category: inferred
- Tonnes: 14900000
- Grade: 0.21
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct palladium grade in historical K2 resource.

Evidence · table

> 0.21

Context: 14.9

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/xxix-commences-drill-program-at-thierry-k1-deposit-ontario-s-largest-primary-cop--3884789e-ea13-407e-bce7-2d2af84a680a#fact-resource-facts-18)

Thierry Copper Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Thierry Copper Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: XXIX

#### Resource scope

- Estimate type: resource
- Effective date: 2021-01-01T00:00:00.000Z
- Resource group id: resource:d7aec014a3fbed638a40
- Deposit or zone: K2 Zone

#### Resource Data

- Category: inferred
- Tonnes: 14900000
- Grade: 6.4
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2021-01-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2026-07-20T00:00:00.000Z

Reasoning: Byproduct silver grade in historical K2 resource.

Evidence · table

> 6.4

Context: 14.9

#### 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

**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

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 5.5 years before this release

## 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.
