Amarillo Gold Updates Resource Model, Files Technical Report. Mara Rosa Project, Brazil
Original announcement by tmx on
- Company
- Amarillo Gold Corp.
- Ticker
- AGC
- Exchange
- TSX
- Region
- Goias, Brazil
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Permitting
- Extracted
- 2026-08-21 13:11:11 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Amarillo Gold has released a new NI 43-101 technical report for the Posse deposit at the Mara Rosa project in Brazil. The updated resource estimate shows improvements in the measured category and supports the upcoming restatement of a Preliminary Feasibility Study.
Reasoning: The announcement details a new resource model for the Posse deposit with improved ounces in the measured category and confirms progress in permitting and technical reporting.
Positive factors
- Resource improvement noted vs July release
- QP sign-off provided
- Permitting milestone (LP) achieved
- Supports upcoming PFS restatement
Negative factors
- Resource is not reserves
Facts used in scoring: 3
Classification and evidence
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource estimate includes 13.149 Mt in the Indicated category.
Evidence · table
“Indicated”
Context: 13,149,000
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The announcement explicitly states the 43-101 technical report has been received.
Evidence · text
“the 43-101 technical report to support the new resource model... has been received”
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: Keith Whitehouse, an independent QP, has reviewed and approved the content.
Evidence · text
“He has reviewed and approved the content of this News Release.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The report states the resource was calculated at a 0.5 g/t cutoff.
Evidence · text
“calculated the new resource estimate at a 0.5 g/t cutoff”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Resource Estimates (3)
measuredgoldTonnes: 8877000Grade: 1.98Grade Unit: g/tContained Metal: 563700Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AGC
Resource Data
- Category
- measured
- Tonnes
- 8877000
- Grade
- 1.98
- Grade Unit
- g/t
- Contained Metal
- 563700
- Contained Unit
- oz
- Cutoff Grade
- 0.5
Lab
- Laboratory
- Australian Exploration Field Services Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2016-09-27T00:00:00.000Z
Reasoning: Measured gold resource at 1.98 g/t.
Positive factors
- High confidence category
Evidence · table
“1.98”
Context: 8,877,000
indicatedgoldTonnes: 13149000Grade: 1.53Grade Unit: g/tContained Metal: 646500Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AGC
Resource Data
- Category
- indicated
- Tonnes
- 13149000
- Grade
- 1.53
- Grade Unit
- g/t
- Contained Metal
- 646500
- Contained Unit
- oz
- Cutoff Grade
- 0.5
Lab
- Laboratory
- Australian Exploration Field Services Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2016-09-27T00:00:00.000Z
Reasoning: Indicated gold resource at 1.53 g/t.
Positive factors
- Indicated category provides reasonable confidence
Evidence · table
“1.53”
Context: 13,149,000
inferredgoldTonnes: 7119000Grade: 1.26Grade Unit: g/tContained Metal: 287700Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- AGC
Resource Data
- Category
- inferred
- Tonnes
- 7119000
- Grade
- 1.26
- Grade Unit
- g/t
- Contained Metal
- 287700
- Contained Unit
- oz
- Cutoff Grade
- 0.5
Lab
- Laboratory
- Australian Exploration Field Services Ltd
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2016-09-27T00:00:00.000Z
Reasoning: Inferred gold resource at 1.26 g/t.
Negative factors
- Inferred category is speculative
Evidence · table
“1.26”
Context: 7,119,000
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.