Allied Gold Reports Resource Growth and Mine Life Extension Potential from Exploration Program as the Kurmuk Mine Completes Commissioning and Begins Operations

Original announcement by globenewswire on

Company
Allied Gold Corporation
Ticker
AAUC
Exchange
Unavailable
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Drill results, Other
Extracted
2026-10-06 13:39:05 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Allied Gold Corporation announced strong exploration results from its Kurmuk Mine in western Ethiopia, including high-grade gold intercepts that extend known mineralization at Ashashire and Dish Mountain, and define new high-grade zones along the Tsenge Trend. These results support the potential for significant resource growth and mine life extension. The company also provided updated Mineral Reserve and Mineral Resource estimates for its portfolio of projects, while its Kurmuk Mine is completing commissioning and beginning operations.

Reasoning: Allied Gold reports strong exploration results, including high-grade gold intercepts that extend known mineralization and identify new zones, supporting future resource growth and mine life extension. Concurrently, updated Mineral Reserve and Mineral Resource estimates are provided for its portfolio of projects, and the Kurmuk Mine is completing commissioning and beginning operations, marking significant progress across its operations.

Positive factors

  • Significant high-grade gold intercepts extending known mineralization
  • Identification of new high-grade zones with exploration potential
  • Updated Mineral Reserve and Mineral Resource estimates showing growth potential
  • Kurmuk Mine completing commissioning and beginning operations
  • Strong QA/QC protocols and QP sign-off for both exploration and resource estimates

Negative factors

  • True widths are estimated as a range or unknown for some intercepts, limiting precision
  • Cut-off grades for resource estimates are provided as ranges rather than specific values per category/project, reducing comparability

Facts used in scoring: 30

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed 'Sampling and QA/QC Procedures' section outlining industry-standard protocols, certified reference materials, blanks, field duplicates, and external lab assays.

Evidence · text

“All exploration work at Kurmuk follows industry-standard sampling, assay, and QA/QC protocols. RC samples are collected at one-metre intervals and split using a 75:25 riffle splitter. Diamond core is cut in half and sampled systematically. Quality control samples (certified reference materials, blanks, and field duplicates) are inserted at a ratio of 1:20. A significant amount of the assay sample preparation is carried out at site with overflow samples directed to an ALS sample prep site in Addis Ababa. Samples are ground to 85% passing 75 µm. Re-assays, of an entire batch of 10 to 20 samples, are required when standards return >3SD outside of the expected results and if blanks contain >10x the detection limit. All assays are performed externally at ALS using a 50 g fire assay. Laboratories are audited annually and maintain high standards of analytical accuracy.”

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: Don Dudek, P.Geo., Chief Exploration Officer, is named as the Qualified Person for the exploration information, and specific QPs are listed for the Mineral Reserve and Resource estimates.

Evidence · text

“All scientific and technical information in this press release has been reviewed and approved by Don Dudek, P.Geo., Chief Exploration Officer, who is a Qualified Person as defined under National Instrument 43-101.”

NI 43-101 Compliantpositive

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

Why it applies: The Mineral Reserve and Mineral Resource estimates are explicitly stated to be in accordance with CIM Standards and NI 43-101.

Evidence · text

“Mineral Resources are stated effective as at December 31, 2025 and March 31, 2026, and are estimated in accordance with the 2014 CIM Standards and 43-101.”

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: The title explicitly states 'Resource Growth' and the document mentions 'confirming the potential to expand the current Proven and Probable Mineral Reserves (1) of 2.7 million ounces' and 'Incremental additions to current Mineral Resources are expected'.

Evidence · text

“Allied Gold Reports Resource Growth and Mine Life Extension Potential from Exploration Program”

Extracted facts

Stored fact records: 30. Some facts used in scoring do not have a stored record.

Drill Results (29)

DMDD788Kurmuk · goldGrade: 3.4Grade Unit: g/tIntercept: 14.4 mView all details
Link to this fact

Identity

Hole ID
DMDD788
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
3.4
Grade Unit
g/t
Intercept
14.4 m
From
265.8 m
To
280.3 m
Intercept Depth
265.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD788:265.8-280.3
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“3.4”

Context: 14.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
DMDD788Kurmuk · goldGrade: 2.9Grade Unit: g/tIntercept: 16.1 mView all details
Link to this fact

Identity

Hole ID
DMDD788
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
2.9
Grade Unit
g/t
Intercept
16.1 m
From
195.6 m
To
211.7 m
Intercept Depth
195.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD788:195.6-211.7
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“2.9”

Context: 16.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
DMDD779Kurmuk · goldGrade: 5.4Grade Unit: g/tIntercept: 8.03 mView all details
Link to this fact

Identity

Hole ID
DMDD779
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
5.4
Grade Unit
g/t
Intercept
8.03 m
From
44.72 m
To
52.75 m
Intercept Depth
44.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD779:44.72-52.75
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“5.4”

Context: 8.03

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 5.4 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits.

Evidence · table

“5.4”

Context: 8.03

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
DMDD778Kurmuk · goldGrade: 3.1Grade Unit: g/tIntercept: 10.8 mView all details
Link to this fact

Identity

Hole ID
DMDD778
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
3.1
Grade Unit
g/t
Intercept
10.8 m
From
235 m
To
245.8 m
Intercept Depth
235 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD778:235-245.8
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“3.1”

Context: 10.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
DMDD788Kurmuk · goldGrade: 1.5Grade Unit: g/tIntercept: 18.8 mView all details
Link to this fact

Identity

Hole ID
DMDD788
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
18.8 m
From
126.6 m
To
145.4 m
Intercept Depth
126.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD788:126.6-145.4
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“1.5”

Context: 18.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
DMDD780Kurmuk · goldGrade: 4.5Grade Unit: g/tIntercept: 6.23 mView all details
Link to this fact

Identity

Hole ID
DMDD780
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
6.23 m
From
140.4 m
To
146.6 m
Intercept Depth
140.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD780:140.4-146.6
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“4.5”

Context: 6.23

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
DMDD777Kurmuk · goldGrade: 2.5Grade Unit: g/tIntercept: 9.69 mView all details
Link to this fact

Identity

Hole ID
DMDD777
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
2.5
Grade Unit
g/t
Intercept
9.69 m
From
316.3 m
To
326 m
Intercept Depth
316.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
DMDD777:316.3-326
Mining Method
open_pit

Location

Location
Dish Mountain
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Dish Mountain.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“2.5”

Context: 9.69

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Dish Mountain delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD227Kurmuk · goldGrade: 10.07Grade Unit: g/tIntercept: 13.86 mView all details
Link to this fact

Identity

Hole ID
ASDD227
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
10.07
Grade Unit
g/t
Intercept
13.86 m
From
379 m
To
392.86 m
Intercept Depth
379 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD227:379-392.86
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“10.07”

Context: 13.86

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 10.07 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“10.07”

Context: 13.86

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD227Kurmuk · goldGrade: 9.15Grade Unit: g/tIntercept: 13.77 mView all details
Link to this fact

Identity

Hole ID
ASDD227
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
9.15
Grade Unit
g/t
Intercept
13.77 m
From
395 m
To
408.77 m
Intercept Depth
395 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD227:395-408.77
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“9.15”

Context: 13.77

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 9.15 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“9.15”

Context: 13.77

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD227Kurmuk · goldGrade: 8.48Grade Unit: g/tIntercept: 9.22 mView all details
Link to this fact

Identity

Hole ID
ASDD227
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
8.48
Grade Unit
g/t
Intercept
9.22 m
From
323.07 m
To
332.29 m
Intercept Depth
323.07 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD227:323.07-332.29
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“8.48”

Context: 9.22

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 8.48 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“8.48”

Context: 9.22

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD248Kurmuk · goldGrade: 4.58Grade Unit: g/tIntercept: 15.2 mView all details
Link to this fact

Identity

Hole ID
ASDD248
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
4.58
Grade Unit
g/t
Intercept
15.2 m
From
406.13 m
To
421.33 m
Intercept Depth
406.13 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD248:406.13-421.33
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Ashashire.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“4.58”

Context: 15.20

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD228Kurmuk · goldGrade: 4.4Grade Unit: g/tIntercept: 12.54 mView all details
Link to this fact

Identity

Hole ID
ASDD228
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
12.54 m
From
315.4 m
To
327.94 m
Intercept Depth
315.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD228:315.4-327.94
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Ashashire.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“4.40”

Context: 12.54

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD231Kurmuk · goldGrade: 9.78Grade Unit: g/tIntercept: 5.08 mView all details
Link to this fact

Identity

Hole ID
ASDD231
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
9.78
Grade Unit
g/t
Intercept
5.08 m
From
282.45 m
To
287.53 m
Intercept Depth
282.45 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD231:282.45-287.53
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“9.78”

Context: 5.08

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 9.78 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“9.78”

Context: 5.08

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD231Kurmuk · goldGrade: 1.82Grade Unit: g/tIntercept: 23.75 mView all details
Link to this fact

Identity

Hole ID
ASDD231
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
1.82
Grade Unit
g/t
Intercept
23.75 m
From
237.6 m
To
261.35 m
Intercept Depth
237.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD231:237.6-261.35
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a strong width, contributing to the extension of known mineralization at Ashashire.

Positive factors

  • Strong gold grade
  • Strong intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“1.82”

Context: 23.75

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD245Kurmuk · goldGrade: 5.74Grade Unit: g/tIntercept: 7.03 mView all details
Link to this fact

Identity

Hole ID
ASDD245
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
5.74
Grade Unit
g/t
Intercept
7.03 m
From
301.73 m
To
308.76 m
Intercept Depth
301.73 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD245:301.73-308.76
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“5.74”

Context: 7.03

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 5.74 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“5.74”

Context: 7.03

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD244Kurmuk · goldGrade: 4.04Grade Unit: g/tIntercept: 9.74 mView all details
Link to this fact

Identity

Hole ID
ASDD244
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
4.04
Grade Unit
g/t
Intercept
9.74 m
From
254.72 m
To
264.46 m
Intercept Depth
254.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD244:254.72-264.46
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Ashashire.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“4.04”

Context: 9.74

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD236Kurmuk · goldGrade: 8.48Grade Unit: g/tIntercept: 4.53 mView all details
Link to this fact

Identity

Hole ID
ASDD236
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
8.48
Grade Unit
g/t
Intercept
4.53 m
From
294.3 m
To
298.83 m
Intercept Depth
294.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD236:294.3-298.83
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“8.48”

Context: 4.53

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 8.48 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“8.48”

Context: 4.53

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD232Kurmuk · goldGrade: 12.28Grade Unit: g/tIntercept: 2.91 mView all details
Link to this fact

Identity

Hole ID
ASDD232
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
12.28
Grade Unit
g/t
Intercept
2.91 m
From
402.09 m
To
405 m
Intercept Depth
402.09 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD232:402.09-405
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, extending known mineralization at Ashashire and supporting potential for an underground resource.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • Extension of known mineralization
  • Potential for underground resource

Negative factors

  • Apparent width only

Evidence · table

“12.28”

Context: 2.91

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 12.28 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits and is very strong for potential underground mining.

Evidence · table

“12.28”

Context: 2.91

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD235Kurmuk · goldGrade: 3.89Grade Unit: g/tIntercept: 9.02 mView all details
Link to this fact

Identity

Hole ID
ASDD235
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
3.89
Grade Unit
g/t
Intercept
9.02 m
From
324.81 m
To
333.83 m
Intercept Depth
324.81 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD235:324.81-333.83
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Ashashire.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“3.89”

Context: 9.02

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
ASDD245Kurmuk · goldGrade: 2.83Grade Unit: g/tIntercept: 12.05 mView all details
Link to this fact

Identity

Hole ID
ASDD245
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
2.83
Grade Unit
g/t
Intercept
12.05 m
From
386.65 m
To
398.7 m
Intercept Depth
386.65 m

Classification

Program
exploration
Sample Type
drill
Group ID
ASDD245:386.65-398.7
Mining Method
mixed

Location

Location
Ashashire
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, contributing to the extension of known mineralization at Ashashire.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • Extension of known mineralization

Negative factors

  • Apparent width only

Evidence · table

“2.83”

Context: 12.05

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Drilling at Ashashire delivered down-dip and strike extensions to the mineralized zones.

Evidence · text

“Exploration in 2026 has delivered down-dip and strike extensions to the mineralized zones at the Dish Mountain and Ashashire open pits”
TSDD050Kurmuk · goldGrade: 7.46Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
TSDD050
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
7.46
Grade Unit
g/t
Intercept
6.8 m
From
122.68 m
To
129.48 m
Intercept Depth
122.68 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD050:122.68-129.48
Mining Method
open_pit

Location

Location
Tsenge – Hiccup Hill
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, indicating a new high-grade zone along the Tsenge Trend.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“7.46”

Context: 6.80

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 7.46 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits.

Evidence · table

“7.46”

Context: 6.80

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Hiccup Hill is described as a high-grade zone along the Tsenge Trend, with drilling continuing to expand this mineralized zone.

Evidence · text

“Drilling continues with the goal of expanding this mineralized zone to the northeast, towards Kiftet and Setota”
TSDD047Kurmuk · goldGrade: 4.21Grade Unit: g/tIntercept: 8.12 mView all details
Link to this fact

Identity

Hole ID
TSDD047
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
4.21
Grade Unit
g/t
Intercept
8.12 m
From
186.73 m
To
194.85 m
Intercept Depth
186.73 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD047:186.73-194.85
Mining Method
open_pit

Location

Location
Tsenge – Hiccup Hill
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, indicating a new high-grade zone along the Tsenge Trend.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“4.21”

Context: 8.12

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Hiccup Hill is described as a high-grade zone along the Tsenge Trend, with drilling continuing to expand this mineralized zone.

Evidence · text

“Drilling continues with the goal of expanding this mineralized zone to the northeast, towards Kiftet and Setota”
TSDD052Kurmuk · goldGrade: 1.53Grade Unit: g/tIntercept: 80.09 mView all details
Link to this fact

Identity

Hole ID
TSDD052
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
1.53
Grade Unit
g/t
Intercept
80.09 m
From
137.26 m
To
217.35 m
Intercept Depth
137.26 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD052:137.26-217.35
Mining Method
open_pit

Location

Location
Tsenge – Kiftet
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a continuous width, indicating a significant new high-grade zone along the Tsenge Trend.

Positive factors

  • Strong gold grade
  • Continuous intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“1.53”

Context: 80.09

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Kiftet is described as a new high-grade target along the Tsenge Trend, with drilling defining its strike and up-dip extent.

Evidence · text

“Five more holes, with a sixth in progress, have been drilled to define the strike and up-dip extent of this zone.”
TSDD052Kurmuk · goldGrade: 1.32Grade Unit: g/tIntercept: 27.6 mView all details
Link to this fact

Identity

Hole ID
TSDD052
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
1.32
Grade Unit
g/t
Intercept
27.6 m
From
240.4 m
To
268 m
Intercept Depth
240.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD052:240.4-268
Mining Method
open_pit

Location

Location
Tsenge – Kiftet
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a strong width, indicating a new high-grade zone along the Tsenge Trend.

Positive factors

  • Strong gold grade
  • Strong intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“1.32”

Context: 27.60

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Kiftet is described as a new high-grade target along the Tsenge Trend, with drilling defining its strike and up-dip extent.

Evidence · text

“Five more holes, with a sixth in progress, have been drilled to define the strike and up-dip extent of this zone.”
TSDD052Kurmuk · goldGrade: 6.75Grade Unit: g/tIntercept: 6.72 mView all details
Link to this fact

Identity

Hole ID
TSDD052
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
6.75
Grade Unit
g/t
Intercept
6.72 m
From
270.08 m
To
276.8 m
Intercept Depth
270.08 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD052:270.08-276.8
Mining Method
open_pit

Location

Location
Tsenge – Kiftet
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, indicating a significant new high-grade zone along the Tsenge Trend.

Positive factors

  • Exceptional gold grade
  • Moderate intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“6.75”

Context: 6.72

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 6.75 g/t exceeds the exceptional threshold of 5 g/t for open-pit gold deposits.

Evidence · table

“6.75”

Context: 6.72

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Kiftet is described as a new high-grade target along the Tsenge Trend, with drilling defining its strike and up-dip extent.

Evidence · text

“Five more holes, with a sixth in progress, have been drilled to define the strike and up-dip extent of this zone.”
TSDD066Kurmuk · goldGrade: 1.17Grade Unit: g/tIntercept: 40.5 mView all details
Link to this fact

Identity

Hole ID
TSDD066
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
1.17
Grade Unit
g/t
Intercept
40.5 m
From
137.1 m
To
177.6 m
Intercept Depth
137.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD066:137.1-177.6
Mining Method
open_pit

Location

Location
Tsenge – Setota
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a continuous width, indicating a significant new high-grade zone along the Tsenge Trend.

Positive factors

  • Strong gold grade
  • Continuous intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“1.17”

Context: 40.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Setota is described as a new high-grade zone of mineralization, with this hole being an 80m step-up from a previously reported intercept.

Evidence · text

“This hole was an 80 m southwest step-up from a previously reported intercept of 10.49 m at 1.85 g/t Au.”
TSDD066Kurmuk · goldGrade: 3.78Grade Unit: g/tIntercept: 10.27 mView all details
Link to this fact

Identity

Hole ID
TSDD066
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
3.78
Grade Unit
g/t
Intercept
10.27 m
From
180.73 m
To
191 m
Intercept Depth
180.73 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD066:180.73-191
Mining Method
open_pit

Location

Location
Tsenge – Setota
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, indicating a new high-grade zone along the Tsenge Trend.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“3.78”

Context: 10.27

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Setota is described as a new high-grade zone of mineralization, with this hole being an 80m step-up from a previously reported intercept.

Evidence · text

“This hole was an 80 m southwest step-up from a previously reported intercept of 10.49 m at 1.85 g/t Au.”
TSDD066Kurmuk · goldGrade: 69.77Grade Unit: g/tIntercept: 1.28 mView all details
Link to this fact

Identity

Hole ID
TSDD066
Project
Kurmuk
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
69.77
Grade Unit
g/t
Intercept
1.28 m
From
230.29 m
To
231.57 m
Intercept Depth
230.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSDD066:230.29-231.57
Mining Method
open_pit

Location

Location
Tsenge – Setota
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade, indicating a significant new high-grade zone along the Tsenge Trend, despite its narrow width.

Positive factors

  • Exceptional gold grade
  • New high-grade zone

Negative factors

  • Apparent width only
  • Narrow intercept width

Evidence · table

“69.77”

Context: 1.28

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The gold grade of 69.77 g/t is exceptionally high, far exceeding the exceptional threshold of 5 g/t for open-pit gold deposits.

Evidence · table

“69.77”

Context: 1.28

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Setota is described as a new high-grade zone of mineralization, with this hole being an 80m step-up from a previously reported intercept.

Evidence · text

“This hole was an 80 m southwest step-up from a previously reported intercept of 10.49 m at 1.85 g/t Au.”
TSRC006t Au demonstrating the potential in the · goldGrade: 4.23Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
TSRC006
Project
t Au demonstrating the potential in the
Commodity
gold
Region
western ethiopia
Reported Region
western ethiopia
Ticker
AAUC

Geometry

Grade
4.23
Grade Unit
g/t
Intercept
9 m
From
101 m
To
110 m
Intercept Depth
101 m

Classification

Program
exploration
Sample Type
drill
Group ID
TSRC006:101-110
Mining Method
open_pit

Location

Location
Tsenge – Bumblebee
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, indicating a new high-grade zone along the Tsenge Trend.

Positive factors

  • Strong gold grade
  • Moderate intercept width
  • New high-grade zone

Negative factors

  • Apparent width only

Evidence · table

“4.23”

Context: 9.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Apparent Width OnlyRejected · negative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: Estimated true widths vary from 60% to 95% of drilled length, and a specific true width is not provided for this intercept.

Evidence · text

“Estimated true widths vary from 60% to 95% of drilled length, except for the Dul Mountain intercepts, where estimated true widths are unknown”

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: Bumblebee is described as a new zone of stronger gold mineralization along the Tsenge Trend, with follow-up drilling commenced.

Evidence · text

“Bumblebee: a new zone of stronger gold mineralization approximately 3.5 km northeast of Hiccup Hill, where hole TSRC006 returned 9.0 m at 4.23 g/t Au. Follow-up drilling has commenced.”

Resource Estimates (1)

inferredAgbaou Mine · goldTonnes: 100000Grade: 2.08Grade Unit: g/tContained Metal: 7Contained Unit: k ouncesView all details
Link to this fact

Identity

Project
Agbaou Mine
Commodity
gold
Ticker
AAUC

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Chelsey Protulipac
Resource group id
resource:307418bc72a136e16077

Resource Data

Category
inferred
Tonnes
100000
Grade
2.08
Grade Unit
g/t
Contained Metal
7
Contained Unit
k ounces

Prior Estimate

Resource Date
2026-03-31

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-06T00:00:00.000Z

Reasoning: This Inferred Mineral Resource for Agbaou Mine has a strong gold grade but very small contained metal, and its lower confidence category means it requires further drilling to upgrade.

Positive factors

  • Strong gold grade
  • NI 43-101 compliant
  • QP signed

Negative factors

  • Inferred resource category
  • Very small contained metal
  • Cut-off grade disclosed as a range

Evidence · table

“2.08”

Context: 100

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: The estimate is classified as Inferred Mineral Resources, which is a speculative category.

Evidence · table

“Inferred Mineral Resources”

Context: 100

Resource Updateneutral

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

Why it applies: This fact is part of the updated Mineral Resource estimates provided in the release.

Evidence · text

“Allied Gold Reports Resource Growth and Mine Life Extension Potential from Exploration Program as the Kurmuk Mine Completes Commissioning and Begins Operations”

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.