# Albright Releases Mineral Resource Estimate update at the Vail Road \(Devils Pike\) Gold Property

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb

Original source: https://orestocks.com/company/GMX.TO/press-releases/8138131344515271

Publisher: orestocks

Original announcement: 2026-09-29T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T21:34:27.779Z

Atlas analysis updated: 2026-09-29T21:34:27.779Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Category Upgrade

- Positive factor: Indicated Resource established

- Positive factor: Lower cut-off grade used

- Negative factor: Inferred component remains significant

Facts used in scoring: 23

## Classification and evidence

**Indicated Resource**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 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: 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)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-0)

Vail Road Gold Deposit · gold

#### 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 factor: High grade

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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-1)

Vail Road Gold Deposit · copper

#### 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 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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-2)

Vail Road Gold Deposit · gold

#### 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 factor: Strong grade

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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-3)

Vail Road Gold Deposit · gold

#### 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 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-4)

Vail Road Gold Deposit · gold

#### 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 factor: Inferred category

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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-5)

Vail Road Gold Deposit · gold

#### 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 factor: Inferred category

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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-6)

Vail Road Gold Deposit · gold

#### 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 factor: Inferred category

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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-7)

Table 1 - Vail Road · gold

#### 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 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 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-8)

Table 1 - Vail Road · copper

#### 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 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 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-9)

Table 1 - Vail Road · gold

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

Evidence · table

> 19.5

Context: 10.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-10)

Table 1 - Vail Road · copper

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

Evidence · table

> 3,338

Context: 10.4

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-11)

Table 1 - Vail Road · gold

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

Evidence · table

> 12.7

Context: 11.9

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-12)

Table 1 - Vail Road · copper

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

Evidence · table

> 2,067

Context: 11.9

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-13)

Table 1 - Vail Road · gold

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

Evidence · table

> 20.9

Context: 33.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-14)

Table 1 - Vail Road · copper

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

Evidence · table

> 3,107

Context: 33.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-15)

Table 1 - Vail Road · gold

#### 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 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 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-16)

Table 1 - Vail Road · copper

#### 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 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 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-17)

Table 1 - Vail Road · gold

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

Evidence · table

> 10.0

Context: 6.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-18)

Table 1 - Vail Road · copper

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

Evidence · table

> 1,797

Context: 6.8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-19)

Table 1 - Vail Road · gold

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

Evidence · table

> 7.1

Context: 105.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-20)

Table 1 - Vail Road · copper

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

Evidence · table

> 1,395

Context: 105.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-21)

Table 1 - Vail Road · gold

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

Evidence · table

> 6.4

Context: 154.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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/albright-releases-mineral-resource-estimate-update-at-the-vail-road-devils-pike--35dca86b-38cd-4e08-b3fd-0a0876a822cb#fact-resource-facts-22)

Table 1 - Vail Road · copper

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

Evidence · table

> 1,545

Context: 154.6

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off 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

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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.
