# Abasca Resources Engages Tetra Tech to Complete Preliminary Economic Assessment for the Loki Flake Graphite Deposit

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/abasca-resources-engages-tetra-tech-to-complete-preliminary-economic-assessment--0901c8ae-2cd6-4be6-ad2e-85fff49cddde

Original source: https://money.tmx.com/en/quote/ABA/news/5720560017907346/abasca-resources-engages-tetra-tech-to-complete-preliminary-economic-assessment-

Publisher: tmx

Original announcement: 2026-05-26T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Abasca Resources Inc.

- Ticker: ABA

- Exchange: TSX

- Region: Saskatchewan

- Primary commodity: Graphite

- Secondary commodities: Uranium

- Document categories: Resource update, Other

- Extracted: 2026-08-24 05:30:26 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Abasca Resources has engaged Tetra Tech to complete a Preliminary Economic Assessment \(PEA\) for the Loki Flake Graphite Deposit. The study will incorporate an updated Mineral Resource Estimate reflecting a strike length extension from 500m to approximately 1,400m based on recent drilling.

Reasoning: The announcement of a PEA engagement and the disclosure of a significant strike length extension represents a major project advancement milestone.

- Positive factor: Engagement of Tetra Tech for PEA

- Positive factor: Significant strike length extension \(500m to 1,400m\)

- Positive factor: Upcoming MRE update to incorporate 2025/2026 drilling

Facts used in scoring: 1

## Classification and evidence

**Resource Update**

Polarity: neutral

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

Why it applies: The company announced it will incorporate an updated MRE into the upcoming PEA.

Evidence · text

> The PEA will incorporate an updated Mineral Resource Estimate \("MRE"\)

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The current resource is stated as being entirely in the inferred category.

Evidence · text

> comprising a total inferred resource of 11.31 Mt at 7.65 % Cg

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abasca-resources-engages-tetra-tech-to-complete-preliminary-economic-assessment--0901c8ae-2cd6-4be6-ad2e-85fff49cddde#fact-resource-facts-0)

graphite

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: graphite
- Ticker: ABA

#### Resource Data

- Category: inferred
- Tonnes: 11310000
- Grade: 7.65
- Grade Unit: % Cg
- Contained Metal: 0.86
- Contained Unit: Mt
- Cutoff Grade: 2.78

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-04-10T00:00:00.000Z

#### Dates

- Event date: 2026-05-26T00:00:00.000Z

Reasoning: This is a restatement of the maiden resource from the May 29, 2025 technical report.

Evidence · text

> KLS is also host to the Loki Flake Graphite Deposit comprising a total inferred resource of 11.31 Mt at 7.65 % Cg.

## 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.