# Amarillo Gold Updates Resource Model, Files Technical Report. Mara Rosa Project, Brazil Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br--fae6d61d-4b76-482c-b39a-7e0f60266e63 Original source: https://money.tmx.com/en/quote/AGC/news/8086101588043871/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br Publisher: tmx Original announcement: 2016-09-27T13:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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 factor: Resource improvement noted vs July release - Positive factor: QP sign-off provided - Positive factor: Permitting milestone \(LP\) achieved - Positive factor: Supports upcoming PFS restatement - Negative factor: Resource is not reserves Facts used in scoring: 3 ## Classification and evidence **Indicated Resource** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: 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 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: 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 Disclosed** Polarity: positive Definition: 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) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br--fae6d61d-4b76-482c-b39a-7e0f60266e63#fact-resource-facts-0) gold #### 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 factor: High confidence category Evidence · table > 1.98 Context: 8,877,000 ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br--fae6d61d-4b76-482c-b39a-7e0f60266e63#fact-resource-facts-1) gold #### 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 factor: Indicated category provides reasonable confidence Evidence · table > 1.53 Context: 13,149,000 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/amarillo-gold-updates-resource-model-files-technical-report-mara-rosa-project-br--fae6d61d-4b76-482c-b39a-7e0f60266e63#fact-resource-facts-2) gold #### 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 factor: 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.