Albright Releases Mineral Resource Estimate update at the Vail Road (Devils Pike) Gold Property
Original announcement by orestocks on
- Company
- Globex Mining Enterprises Inc.
- Ticker
- GMX.TO
- Exchange
- Unavailable
- Region
- New Brunswick
- Primary commodity
- Gold
- Secondary commodities
- Copper
- Document categories
- Resource update
- Extracted
- 2026-09-29 21:34:28 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Albright Metals has released a 2026 JORC-compliant Mineral Resource Estimate for the Vail Road Gold Deposit in New Brunswick. The global resource is 188,000 tonnes at 9.0 g/t Au, featuring an initial Indicated portion of 33,500 tonnes at 20.9 g/t Au.
Reasoning: The update establishes an initial Indicated resource portion and uses a lower cut-off grade (2 g/t vs 5 g/t) to refine the resource, though a large portion remains Inferred.
Positive factors
- Category Upgrade
- Indicated Resource established
- Lower cut-off grade used
Negative factors
- Inferred component remains significant
Facts used in scoring: 23
Classification and evidence
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The update includes an initial Indicated Category portion of 33,500 t.
Evidence · text
“including an initial Indicated Category portion of 33,500 t”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The resource is reported under the Australian JORC 2012 Code.
Evidence · text
“under Australian JORC 2012 Code”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The cut-off grade of 2.0 g/t Au is explicitly stated.
Evidence · text
“at a 2.0 g/t Au cut-off grade”
QP/CP Signedpositive
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: Jack Stoch, P.Geo., is named as the Qualified Person.
Evidence · text
“Jack Stoch, P.Geo., ... in his capacity as a Qualified Person (Q.P.)”
Extracted facts
Stored fact records: 23. Some facts used in scoring do not have a stored record.
Resource Estimates (23)
indicatedVail Road Gold Deposit · goldTonnes: 11100000Grade: 31.1Grade Unit: g/tContained Metal: 11100Contained Unit: 000s ozView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:df47ed0ad964208e7f5f
- Deposit or zone
- Main
Resource Data
- Category
- indicated
- Tonnes
- 11100000
- Grade
- 31.1
- Grade Unit
- g/t
- Contained Metal
- 11100
- Contained Unit
- 000s oz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: High grade indicated intercept in the Main zone.
Positive factors
- High grade
Evidence · table
“31.1”
Context: 11.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedVail Road Gold Deposit · copperTonnes: 11100000Grade: 4010Grade Unit: ppmView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- copper
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:df47ed0ad964208e7f5f
- Deposit or zone
- Main
Resource Data
- Category
- indicated
- Tonnes
- 11100000
- Grade
- 4010
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Trace copper reported in indicated zone.
Evidence · table
“4,010”
Context: 11.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedVail Road Gold Deposit · goldTonnes: 10400000Grade: 19.5Grade Unit: g/tContained Metal: 6600Contained Unit: 000s ozView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:9cd5c4cde60326b8116b
- Deposit or zone
- Middle
Resource Data
- Category
- indicated
- Tonnes
- 10400000
- Grade
- 19.5
- Grade Unit
- g/t
- Contained Metal
- 6600
- Contained Unit
- 000s oz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Solid indicated grade in Middle zone.
Positive factors
- Strong grade
Evidence · table
“19.5”
Context: 10.4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedVail Road Gold Deposit · goldTonnes: 11900000Grade: 12.7Grade Unit: g/tContained Metal: 4900Contained Unit: 000s ozView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:4b40f899a7a7780bccae
- Deposit or zone
- Parallel
Resource Data
- Category
- indicated
- Tonnes
- 11900000
- Grade
- 12.7
- Grade Unit
- g/t
- Contained Metal
- 4900
- Contained Unit
- 000s oz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Indicated grade in Parallel zone.
Evidence · table
“12.7”
Context: 11.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredVail Road Gold Deposit · goldTonnes: 42200000Grade: 4Grade Unit: g/tContained Metal: 5400Contained Unit: 000s ozView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:ea683143ee7cdf10651f
- Deposit or zone
- Main
Resource Data
- Category
- inferred
- Tonnes
- 42200000
- Grade
- 4
- Grade Unit
- g/t
- Contained Metal
- 5400
- Contained Unit
- 000s oz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Inferred resource with moderate grade.
Negative factors
- Inferred category
Evidence · table
“4.0”
Context: 42.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredVail Road Gold Deposit · goldTonnes: 6800000Grade: 10Grade Unit: g/tContained Metal: 1700Contained Unit: 000s ozView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:59cad529d2d47d4c9679
- Deposit or zone
- Middle
Resource Data
- Category
- inferred
- Tonnes
- 6800000
- Grade
- 10
- Grade Unit
- g/t
- Contained Metal
- 1700
- Contained Unit
- 000s oz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: High grade but in inferred category.
Negative factors
- Inferred category
Evidence · table
“10.0”
Context: 6.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredVail Road Gold Deposit · goldTonnes: 105600000Grade: 7.1Grade Unit: g/tContained Metal: 24100Contained Unit: 000s ozView all detailsHide details
Identity
- Project
- Vail Road Gold Deposit
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- New Brunswick
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Jack Stoch
- Resource group id
- resource:7bb752eaa771d88c2968
- Deposit or zone
- Parallel
Resource Data
- Category
- inferred
- Tonnes
- 105600000
- Grade
- 7.1
- Grade Unit
- g/t
- Contained Metal
- 24100
- Contained Unit
- 000s oz
- Cutoff Grade
- 2
- Cutoff Unit
- g/t Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Large tonnage inferred resource.
Negative factors
- Inferred category
Evidence · table
“7.1”
Context: 105.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedTable 1 - Vail Road · goldTonnes: 11100Grade: 31.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:a2d7d504355fe2735780
- Deposit or zone
- Main
Resource Data
- Category
- indicated
- Tonnes
- 11100
- Grade
- 31.1
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“31.1”
Context: 11.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · copperTonnes: 11100Grade: 4010Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:a2d7d504355fe2735780
- Deposit or zone
- Main
Resource Data
- Category
- indicated
- Tonnes
- 11100
- Grade
- 4010
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“4,010”
Context: 11.1
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · goldTonnes: 10400Grade: 19.5Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:457fffa91d1dd3cd3f95
- Deposit or zone
- Middle
Resource Data
- Category
- indicated
- Tonnes
- 10400
- Grade
- 19.5
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“19.5”
Context: 10.4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · copperTonnes: 10400Grade: 3338Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:457fffa91d1dd3cd3f95
- Deposit or zone
- Middle
Resource Data
- Category
- indicated
- Tonnes
- 10400
- Grade
- 3338
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“3,338”
Context: 10.4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · goldTonnes: 11900Grade: 12.7Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:e0b1767d21ba564bb4d5
- Deposit or zone
- Parallel
Resource Data
- Category
- indicated
- Tonnes
- 11900
- Grade
- 12.7
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“12.7”
Context: 11.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · copperTonnes: 11900Grade: 2067Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:e0b1767d21ba564bb4d5
- Deposit or zone
- Parallel
Resource Data
- Category
- indicated
- Tonnes
- 11900
- Grade
- 2067
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2,067”
Context: 11.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · goldTonnes: 33500Grade: 20.9Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:2f44c2704d5ffeffceee
- Deposit or zone
- Subtotal
Resource Data
- Category
- indicated
- Tonnes
- 33500
- Grade
- 20.9
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“20.9”
Context: 33.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
indicatedTable 1 - Vail Road · copperTonnes: 33500Grade: 3107Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:2f44c2704d5ffeffceee
- Deposit or zone
- Subtotal
Resource Data
- Category
- indicated
- Tonnes
- 33500
- Grade
- 3107
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“3,107”
Context: 33.5
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · goldTonnes: 42200Grade: 4Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:c028c982a82c64fc2c3f
- Deposit or zone
- Main
Resource Data
- Category
- inferred
- Tonnes
- 42200
- Grade
- 4
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“4.0”
Context: 42.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · copperTonnes: 42200Grade: 1881Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:c028c982a82c64fc2c3f
- Deposit or zone
- Main
Resource Data
- Category
- inferred
- Tonnes
- 42200
- Grade
- 1881
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1,881”
Context: 42.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · goldTonnes: 6800Grade: 10Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:85dc06cb286e5b896a50
- Deposit or zone
- Middle
Resource Data
- Category
- inferred
- Tonnes
- 6800
- Grade
- 10
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“10.0”
Context: 6.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · copperTonnes: 6800Grade: 1797Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:85dc06cb286e5b896a50
- Deposit or zone
- Middle
Resource Data
- Category
- inferred
- Tonnes
- 6800
- Grade
- 1797
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1,797”
Context: 6.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · goldTonnes: 105600Grade: 7.1Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:6d49c8e092fb1aeb0bc7
- Deposit or zone
- Parallel
Resource Data
- Category
- inferred
- Tonnes
- 105600
- Grade
- 7.1
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“7.1”
Context: 105.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · copperTonnes: 105600Grade: 1395Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:6d49c8e092fb1aeb0bc7
- Deposit or zone
- Parallel
Resource Data
- Category
- inferred
- Tonnes
- 105600
- Grade
- 1395
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1,395”
Context: 105.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · goldTonnes: 154600Grade: 6.4Grade Unit: g/tView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- gold
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:2531c43758250b8007a0
- Deposit or zone
- Subtotal
Resource Data
- Category
- inferred
- Tonnes
- 154600
- Grade
- 6.4
- Grade Unit
- g/t
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“6.4”
Context: 154.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredTable 1 - Vail Road · copperTonnes: 154600Grade: 1545Grade Unit: ppmView all detailsHide details
Identity
- Project
- Table 1 - Vail Road
- Commodity
- copper
- Ticker
- GMX.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101, jorc
- Resource group id
- resource:2531c43758250b8007a0
- Deposit or zone
- Subtotal
Resource Data
- Category
- inferred
- Tonnes
- 154600
- Grade
- 1545
- Grade Unit
- ppm
- Cutoff Grade
- 2
- Cutoff Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“1,545”
Context: 154.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
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.