# ABR: Quarterly Activities/Appendix 5B Cash Flow Report-Correction Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03151069 Publisher: asx Original announcement: 2026-10-11T22:39:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T23:14:34.614Z Atlas analysis updated: 2026-10-11T23:14:34.614Z - Company: Albright Metals Limited - Ticker: ABR - Exchange: ASX - Region: New Brunswick, Canada - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Resource update, Other - Extracted: 2026-10-11 23:14:35 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Albright Metals Limited announced a maiden Mineral Resource for its Vail Road Gold Deposit, totaling 188 kt at 9 g/t Au for 54,200 contained ounces. This includes a significant initial Indicated category of 33.5 kt at 20.9 g/t Au for 22,500 contained ounces, providing a strong basis for economic evaluation. The company is also progressing a Scoping Study for the deposit and provided an update on its quarterly activities and financial position, including a correction to a highlight in its previous quarterly report. Reasoning: Albright Metals announced a maiden Mineral Resource for its Vail Road Gold Deposit, featuring a high-grade Indicated component which de-risks the project and supports ongoing economic studies. The announcement also corrected a typographical error in the previously released quarterly report highlight. - Positive factor: Maiden Mineral Resource declared for Vail Road Gold Deposit - Positive factor: Significant portion of the resource is in the Indicated category \(33.5 kt @ 20.9 g/t Au\) - Positive factor: High-grade Indicated resource provides strong basis for economic evaluation - Positive factor: Resource is JORC compliant with Competent Person sign-off - Positive factor: Scoping Study is underway to advance the project - Negative factor: Overall inferred grade \(6.4 g/t Au\) is lower than the indicated grade Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 22 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: This is the first formal Mineral Resource for the Vail Road Gold Deposit. Evidence · text > During the quarter, the Company announced a Mineral Resource for its Vail Road Gold Deposit at the Golden Pike Project **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The resource includes an initial Indicated Category portion of 33.5 kt @ 20.9 g/t Au for 22,500 contained ounces. Evidence · text > Includes initial Indicated Category portion of 33.5 kt @ 20.9 g/t Au for 22,500 contained ounces. **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The Mineral Resource information is compiled by Mr Lauritz Barnes and Ms Gemma Lee, who are members of AusIMM and AIG respectively, and qualify as Competent Persons. Evidence · text > The information in this report that relates to the Vail Road Gold Deposit Mineral Resource is based on and fairly represents information compiled by Mr Lauritz Barnes, \(Consultant with Trepanier\) and Ms Gemma Lee \(Principal Geologist – Albright Metals Limited\). Mr Barnes is a member of the Australasian Institute of Mining and Metallurgy \(AusIMM\) and both Mr Barnes and Ms Lee are members of the Australian Institute of Geoscientists \(AIG\). Both have sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration and to the activities undertaken, to qualify as Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves Committee \(JORC\) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The Mineral Resource is reported under the 2012 Edition of the Joint Ore Reserves Committee \(JORC\) Australasian Code. Evidence · text > Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves Committee \(JORC\) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The Mineral Resource is reported at a 2 g/t Au cut-off grade. Evidence · table > Note: Mineral Resource reported at 2 g/t Au cut-off grade ## Extracted facts Stored fact records: 22. Some facts used in scoring do not have a stored record. ## Resource Estimates (22) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:25f9e0789779386fca99 - Deposit or zone: Main #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated resource for the Main Zone features a very high gold grade, contributing significantly to the project's overall indicated confidence and economic potential. - Positive factor: High-grade indicated resource \(31.1 g/t Au\) - Positive factor: Contributes to the overall Indicated category 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:25f9e0789779386fca99 - Deposit or zone: Main #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated copper grade provides additional polymetallic context for the Main Zone, though it is secondary to the gold mineralization. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:7f2cc7e95baef46e9612 - Deposit or zone: Middle #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated resource for the Middle Zone shows strong gold grades, reinforcing the confidence in the project's economic viability. - Positive factor: High-grade indicated resource \(19.5 g/t Au\) - Positive factor: Adds to the overall Indicated category 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:7f2cc7e95baef46e9612 - Deposit or zone: Middle #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated copper grade provides additional polymetallic context for the Middle Zone, though it is secondary to the gold mineralization. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:f6cce51d7a12cfda5ee0 - Deposit or zone: Parallel #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated resource for the Parallel Zone shows good gold grades, adding to the confidence and economic potential of the project. - Positive factor: Strong indicated gold grade \(12.7 g/t Au\) - Positive factor: Contributes to the overall Indicated category 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:f6cce51d7a12cfda5ee0 - Deposit or zone: Parallel #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated copper grade provides additional polymetallic context for the Parallel Zone, though it is secondary to the gold mineralization. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:b15c19ebcfcefbbf3bf7 - Deposit or zone: Subtotal #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This subtotal represents a highly material indicated resource with excellent gold grades, significantly de-risking the project and providing confidence for future studies. - Positive factor: Significant indicated resource tonnage \(33.5 kt\) - Positive factor: Very high average indicated gold grade \(20.9 g/t Au\) - Positive factor: Forms a strong basis for economic evaluation 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:b15c19ebcfcefbbf3bf7 - Deposit or zone: Subtotal #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This indicated copper grade provides additional polymetallic context for the overall indicated resource, though it is secondary to the gold mineralization. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:3657493334954e3fcbdb - Deposit or zone: Main #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred resource for the Main Zone contributes to the overall resource scale but at a lower grade, indicating potential for future upgrades with further drilling. - Positive factor: Adds to overall resource tonnage - Negative factor: Lower grade compared to indicated resources 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:3657493334954e3fcbdb - Deposit or zone: Main #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred copper grade provides additional polymetallic context for the Main Zone, though it is secondary to the gold mineralization and in a lower confidence category. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:e5a01173b5687784a827 - Deposit or zone: Middle #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred resource for the Middle Zone shows a respectable gold grade, indicating potential for future upgrades and contributing to the overall resource base. - Positive factor: Good inferred gold grade \(10.0 g/t Au\) - Positive factor: Adds to overall resource tonnage 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:e5a01173b5687784a827 - Deposit or zone: Middle #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred copper grade provides additional polymetallic context for the Middle Zone, though it is secondary to the gold mineralization and in a lower confidence category. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:04c3605d8397ae30c70b - Deposit or zone: Parallel #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred resource for the Parallel Zone contributes substantial tonnage and good gold grades to the overall resource, indicating significant exploration upside. - Positive factor: Significant inferred resource tonnage \(105.6 kt\) - Positive factor: Good inferred gold grade \(7.1 g/t Au\) 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:04c3605d8397ae30c70b - Deposit or zone: Parallel #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred copper grade provides additional polymetallic context for the Parallel Zone, though it is secondary to the gold mineralization and in a lower confidence category. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:70b25fd0cc0cd1ac460a - Deposit or zone: Subtotal #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This subtotal represents a substantial inferred resource with good gold grades, highlighting significant exploration potential for future conversion to higher confidence categories. - Positive factor: Large inferred resource tonnage \(154.6 kt\) - Positive factor: Good average inferred gold grade \(6.4 g/t Au\) 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:70b25fd0cc0cd1ac460a - Deposit or zone: Subtotal #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This inferred copper grade provides additional polymetallic context for the overall inferred resource, though it is secondary to the gold mineralization and in a lower confidence category. - Positive factor: Copper grade reported alongside primary gold 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:77a6c8c9cfe7a9433cd5 - Deposit or zone: GLOBAL TOTAL #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This global total resource provides a strong foundation for the Vail Road Gold Deposit, combining indicated and inferred categories to define the project's overall scale and potential. - Positive factor: Substantial total resource tonnage \(188 kt\) - Positive factor: Good overall gold grade \(9.0 g/t Au\) - Positive factor: Establishes a significant resource base for the project Evidence · table > 9.0 Context: 188.0 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/abr-quarterly-activities-appendix-5b-cash-flow-report-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#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: Ms Gemma Lee, Mr Lauritz Barnes - Resource group id: resource:77a6c8c9cfe7a9433cd5 - Deposit or zone: GLOBAL TOTAL #### 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 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: This global total copper grade provides additional polymetallic context for the overall resource, though it is secondary to the gold mineralization. - Positive factor: Copper grade reported alongside primary gold Evidence · table > 1,823 Context: 188.0 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#fact-resource-facts-18) Table 1 - Vail Road · gold #### Identity - Project: Table 1 - Vail Road - Commodity: gold - Ticker: ABR #### Resource scope - Estimate type: resource - Reporting standards: jorc - 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: 2026-10-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#fact-resource-facts-19) Table 1 - Vail Road · copper #### Identity - Project: Table 1 - Vail Road - Commodity: copper - Ticker: ABR #### Resource scope - Estimate type: resource - Reporting standards: jorc - 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: 2026-10-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#fact-resource-facts-20) Table 1 - Vail Road · gold #### Identity - Project: Table 1 - Vail Road - Commodity: gold - Ticker: ABR #### Resource scope - Estimate type: resource - Reporting standards: jorc - 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: 2026-10-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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-correction--82b0971c-d811-478b-b8d8-71ff72c292aa#fact-resource-facts-21) Table 1 - Vail Road · copper #### Identity - Project: Table 1 - Vail Road - Commodity: copper - Ticker: ABR #### Resource scope - Estimate type: resource - Reporting standards: jorc - 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: 2026-10-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 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 **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **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.