# ABR: Quarterly Activities/Appendix 5B Cash Flow Report

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03149954

Publisher: asx

Original announcement: 2026-10-07T22:23:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-07T23:20:19.057Z

Atlas analysis updated: 2026-10-07T23:20:19.057Z

- Company: Albright Metals Limited

- Ticker: ABR

- Exchange: ASX

- Region: New Brunswick, Canada

- Primary commodity: Gold

- Secondary commodities: Antimony, Copper, Manganese

- Document categories: Other, Resource update, Agreement transaction

- Extracted: 2026-10-07 23:20:19 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Albright Metals Limited reported its quarterly activities for September 2026, highlighting a Mineral Resource for its Vail Road Gold Deposit of 188 kt at 9 g/t Au for 54,200 contained ounces, including an initial Indicated category portion. The company also terminated mineral rights for the Gabanintha Project, receiving $500,000 cash and $1,250,000 in shares, while retaining a 0.75% gold royalty. As of quarter-end, the company held $798,532 in cash, with an estimated 1.4 quarters of funding available, though management expressed confidence in securing additional capital if needed.

Reasoning: The quarterly report highlights a new gold resource with a significant indicated portion, which is positive for project de-risking, and a beneficial transaction. However, the resource was previously announced, and the company's cash position and funding runway are low, though management expresses confidence in future funding.

- Positive factor: initial indicated resource established

- Positive factor: high-grade gold in indicated category

- Positive factor: cash and shares received from transaction

- Positive factor: royalty retained

- Negative factor: low cash position

- Negative factor: short funding runway \(1.4 quarters\)

- Negative factor: low novelty for MRE \(previously announced\)

Facts used in scoring: 36

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 34. Some facts used in scoring do not have a stored record.

## Resource Estimates (34)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-0)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:25f9e0789779386fca99
- Deposit or zone: Main
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 11100
- Grade: 31.1
- Grade Unit: g/t
- Contained Metal: 11.1
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: High-grade gold in the indicated category, but the resource was previously announced.

- Positive factor: high grade

- Positive factor: indicated category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 31.1

Context: 11.1

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-1)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:25f9e0789779386fca99
- Deposit or zone: Main
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 11100
- Grade: 4010
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the indicated category, but the resource was previously announced.

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 4,010

Context: 11.1

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-2)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:7f2cc7e95baef46e9612
- Deposit or zone: Middle
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 10400
- Grade: 19.5
- Grade Unit: g/t
- Contained Metal: 6.6
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: High-grade gold in the indicated category, but the resource was previously announced.

- Positive factor: high grade

- Positive factor: indicated category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 19.5

Context: 10.4

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-3)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:7f2cc7e95baef46e9612
- Deposit or zone: Middle
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 10400
- Grade: 3338
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the indicated category, but the resource was previously announced.

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 3,338

Context: 10.4

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-4)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:f6cce51d7a12cfda5ee0
- Deposit or zone: Parallel
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 11900
- Grade: 12.7
- Grade Unit: g/t
- Contained Metal: 4.9
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold in the indicated category, but the resource was previously announced.

- Positive factor: indicated category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 12.7

Context: 11.9

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-5)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:f6cce51d7a12cfda5ee0
- Deposit or zone: Parallel
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 11900
- Grade: 2067
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the indicated category, but the resource was previously announced.

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 2,067

Context: 11.9

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-6)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:b15c19ebcfcefbbf3bf7
- Deposit or zone: Subtotal
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 33500
- Grade: 20.9
- Grade Unit: g/t
- Contained Metal: 22.5
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Significant high-grade gold in the indicated category, representing the initial indicated portion of the resource, but the resource was previously announced.

- Positive factor: high grade

- Positive factor: indicated category

- Positive factor: initial indicated resource established

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 20.9

Context: 33.5

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-7)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:b15c19ebcfcefbbf3bf7
- Deposit or zone: Subtotal
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 33500
- Grade: 3107
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the indicated category, but the resource was previously announced.

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 3,107

Context: 33.5

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-8)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:3657493334954e3fcbdb
- Deposit or zone: Main
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 42200
- Grade: 4
- Grade Unit: g/t
- Contained Metal: 5.4
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 4.0

Context: 42.2

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-9)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:3657493334954e3fcbdb
- Deposit or zone: Main
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 42200
- Grade: 1881
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 1,881

Context: 42.2

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-10)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:e5a01173b5687784a827
- Deposit or zone: Middle
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 6800
- Grade: 10
- Grade Unit: g/t
- Contained Metal: 2.2
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 10.0

Context: 6.8

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-11)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:e5a01173b5687784a827
- Deposit or zone: Middle
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 6800
- Grade: 1797
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 1,797

Context: 6.8

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-12)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:04c3605d8397ae30c70b
- Deposit or zone: Parallel
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 105600
- Grade: 7.1
- Grade Unit: g/t
- Contained Metal: 24.1
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 7.1

Context: 105.6

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-13)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:04c3605d8397ae30c70b
- Deposit or zone: Parallel
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 105600
- Grade: 1395
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 1,395

Context: 105.6

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-14)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:70b25fd0cc0cd1ac460a
- Deposit or zone: Subtotal
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 154600
- Grade: 6.4
- Grade Unit: g/t
- Contained Metal: 31.7
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 6.4

Context: 154.6

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-15)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:70b25fd0cc0cd1ac460a
- Deposit or zone: Subtotal
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 154600
- Grade: 1545
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the inferred category, but the resource was previously announced.

- Negative factor: inferred category

- Negative factor: low novelty \(previously announced\)

Evidence · table

> 1,545

Context: 154.6

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-16)

Vail Road Gold Deposit · gold

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:77a6c8c9cfe7a9433cd5
- Deposit or zone: GLOBAL TOTAL
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 188000
- Grade: 9
- Grade Unit: g/t
- Contained Metal: 54.2
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Overall resource with high-grade gold, but the total is dominated by inferred resources and was previously announced.

- Positive factor: high grade

- Negative factor: low novelty \(previously announced\)

- Negative factor: inferred category dominates total

Evidence · table

> 9.0

Context: 188.0

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-17)

Vail Road Gold Deposit · copper

#### Identity

- Project: Vail Road Gold Deposit
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc
- QP Signed: Yes
- Qualified person names: Lauritz Barnes, Gemma Lee
- Resource group id: resource:77a6c8c9cfe7a9433cd5
- Deposit or zone: GLOBAL TOTAL
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 188000
- Grade: 1823
- Grade Unit: ppm
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-09-29

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Copper grade reported as a byproduct in the overall resource, which is dominated by inferred resources and was previously announced.

- Negative factor: low novelty \(previously announced\)

- Negative factor: inferred category dominates total

Evidence · table

> 1,823

Context: 188.0

#### Tags used in scoring

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-20)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:a2d7d504355fe2735780
- Deposit or zone: Main

#### Resource Data

- Category: indicated
- Tonnes: 11100
- Grade: 31.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 31.1

Context: 11.1

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-21)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:a2d7d504355fe2735780
- Deposit or zone: Main

#### Resource Data

- Category: indicated
- Tonnes: 11100
- Grade: 4010
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 4,010

Context: 11.1

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-22)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:457fffa91d1dd3cd3f95
- Deposit or zone: Middle

#### Resource Data

- Category: indicated
- Tonnes: 10400
- Grade: 19.5
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 19.5

Context: 10.4

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-23)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:457fffa91d1dd3cd3f95
- Deposit or zone: Middle

#### Resource Data

- Category: indicated
- Tonnes: 10400
- Grade: 3338
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 3,338

Context: 10.4

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-24)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:e0b1767d21ba564bb4d5
- Deposit or zone: Parallel

#### Resource Data

- Category: indicated
- Tonnes: 11900
- Grade: 12.7
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 12.7

Context: 11.9

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-25)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:e0b1767d21ba564bb4d5
- Deposit or zone: Parallel

#### Resource Data

- Category: indicated
- Tonnes: 11900
- Grade: 2067
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 2,067

Context: 11.9

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-26)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:2f44c2704d5ffeffceee
- Deposit or zone: Subtotal

#### Resource Data

- Category: indicated
- Tonnes: 33500
- Grade: 20.9
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 20.9

Context: 33.5

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-27)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:2f44c2704d5ffeffceee
- Deposit or zone: Subtotal

#### Resource Data

- Category: indicated
- Tonnes: 33500
- Grade: 3107
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 3,107

Context: 33.5

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-28)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c028c982a82c64fc2c3f
- Deposit or zone: Main

#### Resource Data

- Category: inferred
- Tonnes: 42200
- Grade: 4
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 4.0

Context: 42.2

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-29)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:c028c982a82c64fc2c3f
- Deposit or zone: Main

#### Resource Data

- Category: inferred
- Tonnes: 42200
- Grade: 1881
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1,881

Context: 42.2

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-30)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:85dc06cb286e5b896a50
- Deposit or zone: Middle

#### Resource Data

- Category: inferred
- Tonnes: 6800
- Grade: 10
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 10.0

Context: 6.8

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-31)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:85dc06cb286e5b896a50
- Deposit or zone: Middle

#### Resource Data

- Category: inferred
- Tonnes: 6800
- Grade: 1797
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1,797

Context: 6.8

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-32)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6d49c8e092fb1aeb0bc7
- Deposit or zone: Parallel

#### Resource Data

- Category: inferred
- Tonnes: 105600
- Grade: 7.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 7.1

Context: 105.6

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-33)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6d49c8e092fb1aeb0bc7
- Deposit or zone: Parallel

#### Resource Data

- Category: inferred
- Tonnes: 105600
- Grade: 1395
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1,395

Context: 105.6

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-34)

Table 1 - Vail Road · gold

#### Identity

- Project: Table 1 - Vail Road
- Commodity: gold
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:2531c43758250b8007a0
- Deposit or zone: Subtotal

#### Resource Data

- Category: inferred
- Tonnes: 154600
- Grade: 6.4
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 6.4

Context: 154.6

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report--f7813626-3898-46d5-b1e3-4e0e2c55526b#fact-resource-facts-35)

Table 1 - Vail Road · copper

#### Identity

- Project: Table 1 - Vail Road
- Commodity: copper
- Ticker: ABR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:2531c43758250b8007a0
- Deposit or zone: Subtotal

#### Resource Data

- Category: inferred
- Tonnes: 154600
- Grade: 1545
- Grade Unit: ppm

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1,545

Context: 154.6

#### 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

## 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.