# Altair Gold Appoints Feisal Somji as Director

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/altair-gold-appoints-feisal-somji-as-director--9ba25fe7-2a4d-4a34-b9f5-70de6d23c1c2

Original source: https://money.tmx.com/en/quote/AVX/news/50639696/altair-gold-appoints-feisal-somji-as-director

Publisher: tmx

Original announcement: 2013-07-18T13:28:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Altair Gold Inc.

- Ticker: AVX

- Exchange: TSX

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Resource update, Other

- Extracted: 2026-08-21 13:22:06 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Altair Gold has appointed Feisal Somji to its Board of Directors. The announcement also includes a restatement of the Kena Gold Property mineral resource estimate from February 2013.

Reasoning: The announcement is primarily a director appointment, but it restates a mineral resource estimate from a May 2013 technical report \(effective Feb 2013\), making the resource data historical/stale relative to the announcement date.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Stale Data Re-release

Facts used in scoring: 4

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The Qualified Person for the Kena Gold Property is Mr. Warner Gruenwald, P.Geo.

Evidence · text

> The Qualified Person for the Kena Gold Property is Mr. Warner Gruenwald, P.Geo.

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The mineral resource statement is reported at a cut-off grade of 0.3 gpt gold.

Evidence · text

> reported at a cut-off grade of 0.3 gpt gold

**Inferred Resource**

Polarity: negative

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

Why it applies: A significant portion of the resource \(90.44 Mt\) is in the Inferred category.

Evidence · table

> 0.48

Context: 90,440,000

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate effective date is February 7, 2013, and the technical report is dated May 15, 2013.

Evidence · text

> effective date of this resource estimate is February 7, 2013

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Resource Estimates (4)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-appoints-feisal-somji-as-director--9ba25fe7-2a4d-4a34-b9f5-70de6d23c1c2#fact-resource-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: AVX

#### Resource Data

- Category: measured
- Tonnes: 6690000
- Grade: 0.77
- Grade Unit: g/t
- Contained Metal: 165000
- Contained Unit: oz
- Cutoff Grade: 0.3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2013-05-15T00:00:00.000Z

#### Dates

- Event date: 2013-07-18T00:00:00.000Z

Reasoning: Measured resource intercept reported from a May 2013 technical report.

- Positive factor: Cut-off Disclosed

- Negative factor: Stale Data Re-release

Evidence · table

> 0.77

Context: 6,690,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-appoints-feisal-somji-as-director--9ba25fe7-2a4d-4a34-b9f5-70de6d23c1c2#fact-resource-facts-1)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: AVX

#### Resource Data

- Category: indicated
- Tonnes: 18600000
- Grade: 0.54
- Grade Unit: g/t
- Contained Metal: 325000
- Contained Unit: oz
- Cutoff Grade: 0.3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2013-05-15T00:00:00.000Z

#### Dates

- Event date: 2013-07-18T00:00:00.000Z

Reasoning: Indicated resource intercept reported from a May 2013 technical report.

- Positive factor: Cut-off Disclosed

- Negative factor: Stale Data Re-release

Evidence · table

> 0.54

Context: 18,600,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-appoints-feisal-somji-as-director--9ba25fe7-2a4d-4a34-b9f5-70de6d23c1c2#fact-resource-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: AVX

#### Resource Data

- Category: indicated
- Tonnes: 25280000
- Grade: 0.6
- Grade Unit: g/t
- Contained Metal: 490000
- Contained Unit: oz
- Cutoff Grade: 0.3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2013-05-15T00:00:00.000Z

#### Dates

- Event date: 2013-07-18T00:00:00.000Z

Reasoning: Combined M&amp;I resource reported from a May 2013 technical report.

- Positive factor: Cut-off Disclosed

- Negative factor: Stale Data Re-release

Evidence · table

> 0.60

Context: 25,280,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-appoints-feisal-somji-as-director--9ba25fe7-2a4d-4a34-b9f5-70de6d23c1c2#fact-resource-facts-3)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: AVX

#### Resource Data

- Category: inferred
- Tonnes: 90440000
- Grade: 0.48
- Grade Unit: g/t
- Contained Metal: 1399000
- Contained Unit: oz
- Cutoff Grade: 0.3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2013-05-15T00:00:00.000Z

#### Dates

- Event date: 2013-07-18T00:00:00.000Z

Reasoning: Inferred resource intercept reported from a May 2013 technical report.

- Positive factor: Cut-off Disclosed

- Negative factor: Stale Data Re-release

- Negative factor: Inferred Resource

Evidence · table

> 0.48

Context: 90,440,000

## 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.
