# Altair Gold Files NI 43-101 Report

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/altair-gold-files-ni-43-101-report--24f57137-57ad-4ebe-bb18-2f22413027a7

Original source: https://money.tmx.com/en/quote/AVX/news/49970765/altair-gold-files-ni-43-101-report

Publisher: tmx

Original announcement: 2013-06-12T15:14:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Significant tonnage growth in Inferred category

- Positive factor: Expansion of mineralized footprint through zone connection

- Positive factor: NI 43-101 compliant technical report filed

- Negative factor: High proportion of Inferred resource \(79%\)

- Negative factor: Resource is primarily Inferred

Facts used in scoring: 3

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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 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 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)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-files-ni-43-101-report--24f57137-57ad-4ebe-bb18-2f22413027a7#fact-resource-facts-0)

gold

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-files-ni-43-101-report--24f57137-57ad-4ebe-bb18-2f22413027a7#fact-resource-facts-1)

gold

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/altair-gold-files-ni-43-101-report--24f57137-57ad-4ebe-bb18-2f22413027a7#fact-resource-facts-2)

gold

#### 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 factor: 173% increase in Inferred estimate

- Negative factor: 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.