# XXIX Receives Permit to Drill Thierry, Clearing the Way for Its First Large-Scale Program in Over 40 Years at Ontario's Largest Primary Copper Resource Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/xxix-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b Original source: https://money.tmx.com/en/quote/XXIX/news/6525981650399305/xxix-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale Publisher: tmx Original announcement: 2026-07-06T10:00:00.000Z 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, Permitting - Extracted: 2026-09-17 06:35:06 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary XXIX Metal Corp has received an exploration permit for its 100%-owned Thierry Copper Project in Ontario, enabling a planned 20,000-metre drill program. The program aims to test a new bulk-tonnage geological interpretation of the K1 zone and support an updated mineral resource estimate. The company is fully funded through 2026. Reasoning: The announcement of a drilling permit for a large-scale program at a major copper resource is a significant de-risking and catalyst event, despite the reliance on historical resource data. - Positive factor: Receipt of exploration permit unlocks large-scale drilling - Positive factor: New geological interpretation suggests significant expansion potential - Positive factor: Project is 100%-owned and royalty-free - Positive factor: Company is fully funded through 2026 - Negative factor: Existing resource estimates are considered historical and incomplete by the company Facts used in scoring: 18 ## Classification and evidence **Permit Secured** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Company received exploration permit from the Province of Ontario for Thierry project Evidence · text > received its exploration permit from the Province of Ontario for its 100%-owned Thierry Copper Project **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 K1 and K2 resource estimates referenced are from 2021 and are considered historical/incomplete by the company Evidence · text > The mineral resource estimates for the K1 and K2 zones referenced in this news release were prepared in 2021 and have not been updated to current standards **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company highlights the potential for a mineralized corridor between K1 and K2 based on IP survey Evidence · text > identified a 75-125 metre wide anomaly extending more than 2.5 km between K1 and K2 ## 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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-0) Thierry · copper Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:18af2bb0f94bec5ed7cc - Deposit or zone: K1 #### 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: 2026-07-06T00:00:00.000Z Reasoning: Standard historical inferred resource data. - Negative factor: Historical estimate considered incomplete by company 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-1) Thierry · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:18af2bb0f94bec5ed7cc - Deposit or zone: K1 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-2) Thierry · gold Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:18af2bb0f94bec5ed7cc - Deposit or zone: K1 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-3) Thierry · platinum Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:18af2bb0f94bec5ed7cc - Deposit or zone: K1 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-4) Thierry · palladium Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:18af2bb0f94bec5ed7cc - Deposit or zone: K1 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-5) Thierry · silver Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:18af2bb0f94bec5ed7cc - Deposit or zone: K1 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-6) Thierry · copper Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:f2c6d917a9e5e400a476 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z Reasoning: Indicated 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-7) Thierry · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:f2c6d917a9e5e400a476 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-8) Thierry · gold Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:f2c6d917a9e5e400a476 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-9) Thierry · platinum Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:f2c6d917a9e5e400a476 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-10) Thierry · palladium Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:f2c6d917a9e5e400a476 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-11) Thierry · silver Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:f2c6d917a9e5e400a476 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-12) Thierry · copper Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:ba41448f9aec9bfbd069 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z Reasoning: 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-13) Thierry · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:ba41448f9aec9bfbd069 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-14) Thierry · gold Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:ba41448f9aec9bfbd069 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-15) Thierry · platinum Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:ba41448f9aec9bfbd069 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-16) Thierry · palladium Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:ba41448f9aec9bfbd069 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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-receives-permit-to-drill-thierry-clearing-the-way-for-its-first-large-scale--f00a812b-0d2f-4681-9439-f18024c2509b#fact-resource-facts-17) Thierry · silver Historical result Needs review: historical\_restatement #### Identity - Project: Thierry - 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:ba41448f9aec9bfbd069 - Deposit or zone: K2 #### 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: 2026-07-06T00:00:00.000Z 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 >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.