Altair Gold Files NI 43-101 Report
Original announcement by tmx on
- Company
- Altair Gold Incorporated
- Ticker
- AVX
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Copper
- Document categories
- Resource update
- Extracted
- 2026-08-21 13:23:00 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Altair Gold has filed a NI 43-101 technical report for the Kena gold project in British Columbia, featuring an updated mineral resource estimate. The update highlights a 173% increase in the Inferred gold resource following the connection of the Kena Gold and Gold Mountain zones.
Reasoning: The update shows a massive 173% increase in Inferred gold tonnage due to the successful modeling of two zones as one continuous structure, though the resource remains high-risk with a large Inferred component.
Positive factors
- Significant tonnage growth in Inferred category
- Expansion of mineralized footprint through zone connection
- NI 43-101 compliant technical report filed
Negative factors
- High proportion of Inferred resource (79%)
- Resource is primarily Inferred
Facts used in scoring: 3
Classification and evidence
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The Inferred gold resource estimate increased by 173% vs the previous estimate.
Evidence · text
“represents a 173% increase in the Inferred estimate”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The company filed a formal NI 43-101 technical report.
Evidence · text
“reports that it has SEDAR filed a technical report”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A large portion of the resource (90.44 Mt out of 115.73 Mt total) is in the Inferred category.
Evidence · table
“90,440,000”
Context: 0.48
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: The report was prepared by Gary Giroux, P. Eng. and Vivian Park, P. Geo.
Evidence · text
“prepared for Altair by Gary Giroux, P. Eng., MASc. and Vivian Park, P. Geo.”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Resource Estimates (3)
measuredgoldTonnes: 6690000Grade: 0.77Grade Unit: g/tContained Metal: 165000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AVX
Resource Data
- Category
- measured
- Tonnes
- 6690000
- Grade
- 0.77
- Grade Unit
- g/t
- Contained Metal
- 165000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Measured resource component of the updated estimate.
Evidence · table
“0.77”
Context: 6,690,000
indicatedgoldTonnes: 18600000Grade: 0.54Grade Unit: g/tContained Metal: 325000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AVX
Resource Data
- Category
- indicated
- Tonnes
- 18600000
- Grade
- 0.54
- Grade Unit
- g/t
- Contained Metal
- 325000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Indicated resource component of the updated estimate.
Evidence · table
“0.54”
Context: 18,600,000
inferredgoldTonnes: 90440000Grade: 0.48Grade Unit: g/tContained Metal: 1399000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AVX
Resource Data
- Category
- inferred
- Tonnes
- 90440000
- Grade
- 0.48
- Grade Unit
- g/t
- Contained Metal
- 1399000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-06-12T00:00:00.000Z
Reasoning: Significant expansion of the Inferred resource footprint.
Positive factors
- 173% increase in Inferred estimate
Negative factors
- High speculative component
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.