Aris Mining Announces Major Developments at Soto Norte

Original announcement by orestocks on

Company
Aris Mining Corporation
Ticker
ARIS.TO
Exchange
Unavailable
Region
Santander, Colombia
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Resource update, Permitting
Extracted
2026-09-30 12:50:01 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Aris Mining announced major developments at its Soto Norte gold-copper project in Colombia, including the completion of the Environmental and Social Impact Assessment (ESIA) preparation and the launch of community engagement. Key regulatory constraints have been removed by the new administration, clearing the path for environmental licensing. The company also reported updated NI 43-101 compliant mineral reserve and resource estimates, effective August 18, 2025, highlighting 4.6 million ounces of gold in proven and probable reserves at 7.0 g/t Au.

Reasoning: Aris Mining has made significant progress on its Soto Norte project, completing ESIA preparation and seeing key regulatory hurdles removed, which de-risks the project's path to environmental licensing. The updated resource and reserve estimates confirm a high-grade, long-life gold project with substantial contained metal.

Positive factors

  • ESIA preparation complete
  • Regulatory constraints removed
  • High-grade gold project
  • Significant contained metal
  • Community engagement launched
  • NI 43-101 compliant resource and reserve estimates

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 21

Classification and evidence

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The mineral reserve and resource estimates are prepared in compliance with National Instrument 43-101 (NI 43-101).

Evidence · text

“Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by National Instrument 43-101 (NI 43-101), and has reviewed and approved the technical information contained in this news release.”

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: Pamela De Mark, P.Geo., a Qualified Person, has reviewed and approved the technical information.

Evidence · text

“Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by National Instrument 43-101 (NI 43-101), and has reviewed and approved the technical information contained in this news release.”

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The mineral reserve estimate includes a 'Proven' category.

Evidence · table

“Proven”

Context: 2.6

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The mineral reserve estimate includes a 'Probable' category.

Evidence · table

“Probable”

Context: 17.7

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The mineral resource estimate includes a 'Measured' category.

Evidence · table

“Measured”

Context: 3.8

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The mineral resource estimate includes an 'Indicated' category.

Evidence · table

“Indicated”

Context: 35.2

Cut-off Disclosedpositive

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

Why it applies: Cut-off grades for both mineral reserves (2.0 g/t Au) and resources (1.6 g/t Au) are clearly stated.

Evidence · text

“A gold price of US$2,200 per ounce was used for the mineral reserve estimate. - The mineral reserve estimate was constrained within mineable optimizer shapes and utilized a cut-off grade of 2.0 g/t Au.”

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The technical report supporting the estimates is a Prefeasibility Study.

Evidence · text

“See technical report entitled “NI 43-101 Technical Report Prefeasibility Study for the Soto Norte Project, Santander, Colombia” dated September 3, 2025 with an effective date of August 18, 2025.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides updated mineral reserve and resource estimates for an existing project.

Evidence · text

“Aris Mining Announces Major Developments at Soto Norte”

Inferred Resourcenegative

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

Why it applies: The mineral resource estimate includes an 'Inferred' category, which is a speculative category.

Evidence · table

“Inferred”

Context: 25.1

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Resource Estimates (21)

provenSoto Norte · goldTonnes: 2600000Grade: 8.78Grade Unit: g/tContained Metal: 0.7Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:bd386e40a7c8638e610b
Mining method
underground

Resource Data

Category
proven
Tonnes
2600000
Grade
8.78
Grade Unit
g/t
Contained Metal
0.7
Contained Unit
moz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a high-confidence reserve category with strong grades and significant contained metal, contributing positively to project economics.

Positive factors

  • High confidence category
  • High grade
  • Significant contained metal

Evidence · table

“8.78”

Context: 2.6

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

provenSoto Norte · silverTonnes: 2600000Grade: 37.1Grade Unit: g/tContained Metal: 3Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:bd386e40a7c8638e610b
Mining method
underground

Resource Data

Category
proven
Tonnes
2600000
Grade
37.1
Grade Unit
g/t
Contained Metal
3
Contained Unit
moz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a high-confidence reserve category with strong grades and significant contained metal, contributing positively to project economics.

Positive factors

  • High confidence category
  • High grade
  • Significant contained metal

Evidence · table

“37.1”

Context: 2.6

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

provenSoto Norte · copperTonnes: 2600000Grade: 0.25Grade Unit: %Contained Metal: 14.2Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:bd386e40a7c8638e610b
Mining method
underground

Resource Data

Category
proven
Tonnes
2600000
Grade
0.25
Grade Unit
%
Contained Metal
14.2
Contained Unit
mlb
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a high-confidence reserve category with strong grades and significant contained metal, contributing positively to project economics.

Positive factors

  • High confidence category
  • High grade
  • Significant contained metal

Evidence · table

“0.25”

Context: 2.6

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

probableSoto Norte · goldTonnes: 17700000Grade: 6.72Grade Unit: g/tContained Metal: 3.8Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:930f3a0ccf65c0113c15
Mining method
underground

Resource Data

Category
probable
Tonnes
17700000
Grade
6.72
Grade Unit
g/t
Contained Metal
3.8
Contained Unit
moz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence reserve category with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“6.72”

Context: 17.7

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

probableSoto Norte · silverTonnes: 17700000Grade: 31.4Grade Unit: g/tContained Metal: 17.9Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:930f3a0ccf65c0113c15
Mining method
underground

Resource Data

Category
probable
Tonnes
17700000
Grade
31.4
Grade Unit
g/t
Contained Metal
17.9
Contained Unit
moz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence reserve category with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“31.4”

Context: 17.7

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

probableSoto Norte · copperTonnes: 17700000Grade: 0.19Grade Unit: %Contained Metal: 75Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:930f3a0ccf65c0113c15
Mining method
underground

Resource Data

Category
probable
Tonnes
17700000
Grade
0.19
Grade Unit
%
Contained Metal
75
Contained Unit
mlb
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence reserve category with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“0.19”

Context: 17.7

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

probableSoto Norte · goldTonnes: 20300000Grade: 7Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:7fb6733a6842fed7a94a
Mining method
underground

Resource Data

Category
probable
Tonnes
20300000
Grade
7
Grade Unit
g/t
Contained Metal
4.6
Contained Unit
moz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence reserve category (as the lower confidence of Proven+Probable) with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“7.00”

Context: 20.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

probableSoto Norte · silverTonnes: 20300000Grade: 32.1Grade Unit: g/tContained Metal: 20.9Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:7fb6733a6842fed7a94a
Mining method
underground

Resource Data

Category
probable
Tonnes
20300000
Grade
32.1
Grade Unit
g/t
Contained Metal
20.9
Contained Unit
moz
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence reserve category (as the lower confidence of Proven+Probable) with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“32.1”

Context: 20.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

probableSoto Norte · copperTonnes: 20300000Grade: 0.2Grade Unit: %Contained Metal: 89.2Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
reserve
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:7fb6733a6842fed7a94a
Mining method
underground

Resource Data

Category
probable
Tonnes
20300000
Grade
0.2
Grade Unit
%
Contained Metal
89.2
Contained Unit
mlb
Cutoff Grade
2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence reserve category (as the lower confidence of Proven+Probable) with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“0.20”

Context: 20.3

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

measuredSoto Norte · goldTonnes: 3800000Grade: 7.99Grade Unit: g/tContained Metal: 1Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:d466c4b7c0029a10c01c
Mining method
underground

Resource Data

Category
measured
Tonnes
3800000
Grade
7.99
Grade Unit
g/t
Contained Metal
1
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a high-confidence resource category with strong grades and significant contained metal, contributing positively to project economics.

Positive factors

  • High confidence category
  • High grade
  • Significant contained metal

Evidence · table

“7.99”

Context: 3.8

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

measuredSoto Norte · silverTonnes: 3800000Grade: 36.8Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:d466c4b7c0029a10c01c
Mining method
underground

Resource Data

Category
measured
Tonnes
3800000
Grade
36.8
Grade Unit
g/t
Contained Metal
4.6
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a high-confidence resource category with strong grades and significant contained metal, contributing positively to project economics.

Positive factors

  • High confidence category
  • High grade
  • Significant contained metal

Evidence · table

“36.8”

Context: 3.8

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

measuredSoto Norte · copperTonnes: 3800000Grade: 0.25Grade Unit: %Contained Metal: 21.4Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:d466c4b7c0029a10c01c
Mining method
underground

Resource Data

Category
measured
Tonnes
3800000
Grade
0.25
Grade Unit
%
Contained Metal
21.4
Contained Unit
mlb
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a high-confidence resource category with strong grades and significant contained metal, contributing positively to project economics.

Positive factors

  • High confidence category
  • High grade
  • Significant contained metal

Evidence · table

“0.25”

Context: 3.8

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSoto Norte · goldTonnes: 35200000Grade: 5.29Grade Unit: g/tContained Metal: 6Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:7a7f9d603e916322241b
Mining method
underground

Resource Data

Category
indicated
Tonnes
35200000
Grade
5.29
Grade Unit
g/t
Contained Metal
6
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence resource category with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“5.29”

Context: 35.2

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSoto Norte · silverTonnes: 35200000Grade: 27.3Grade Unit: g/tContained Metal: 30.9Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:7a7f9d603e916322241b
Mining method
underground

Resource Data

Category
indicated
Tonnes
35200000
Grade
27.3
Grade Unit
g/t
Contained Metal
30.9
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence resource category with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“27.3”

Context: 35.2

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSoto Norte · copperTonnes: 35200000Grade: 0.18Grade Unit: %Contained Metal: 137.8Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:7a7f9d603e916322241b
Mining method
underground

Resource Data

Category
indicated
Tonnes
35200000
Grade
0.18
Grade Unit
%
Contained Metal
137.8
Contained Unit
mlb
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence resource category with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“0.18”

Context: 35.2

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSoto Norte · goldTonnes: 39000000Grade: 5.55Grade Unit: g/tContained Metal: 7Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:640a33d2aca1f55207ac
Mining method
underground

Resource Data

Category
indicated
Tonnes
39000000
Grade
5.55
Grade Unit
g/t
Contained Metal
7
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence resource category (as the lower confidence of Measured+Indicated) with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“5.55”

Context: 39.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSoto Norte · silverTonnes: 39000000Grade: 28.2Grade Unit: g/tContained Metal: 35.5Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:640a33d2aca1f55207ac
Mining method
underground

Resource Data

Category
indicated
Tonnes
39000000
Grade
28.2
Grade Unit
g/t
Contained Metal
35.5
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence resource category (as the lower confidence of Measured+Indicated) with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“28.2”

Context: 39.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

indicatedSoto Norte · copperTonnes: 39000000Grade: 0.19Grade Unit: %Contained Metal: 159.2Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:640a33d2aca1f55207ac
Mining method
underground

Resource Data

Category
indicated
Tonnes
39000000
Grade
0.19
Grade Unit
%
Contained Metal
159.2
Contained Unit
mlb
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a good confidence resource category (as the lower confidence of Measured+Indicated) with solid grades and significant contained metal, supporting project viability.

Positive factors

  • Good confidence category
  • Good grade
  • Significant contained metal

Evidence · table

“0.19”

Context: 39.0

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSoto Norte · goldTonnes: 25100000Grade: 4.81Grade Unit: g/tContained Metal: 3.9Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
gold
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:1fa8e1d3ab7be60c78c7
Mining method
underground

Resource Data

Category
inferred
Tonnes
25100000
Grade
4.81
Grade Unit
g/t
Contained Metal
3.9
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a lower confidence resource category, providing exploration upside but requiring further drilling to upgrade confidence.

Positive factors

  • Adds to overall resource base
  • Good grade potential

Negative factors

  • Lower confidence category

Evidence · table

“4.81”

Context: 25.1

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSoto Norte · silverTonnes: 25100000Grade: 24.6Grade Unit: g/tContained Metal: 19.9Contained Unit: mozView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
silver
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:1fa8e1d3ab7be60c78c7
Mining method
underground

Resource Data

Category
inferred
Tonnes
25100000
Grade
24.6
Grade Unit
g/t
Contained Metal
19.9
Contained Unit
moz
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a lower confidence resource category, providing exploration upside but requiring further drilling to upgrade confidence.

Positive factors

  • Adds to overall resource base
  • Good grade potential

Negative factors

  • Lower confidence category

Evidence · table

“24.6”

Context: 25.1

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

inferredSoto Norte · copperTonnes: 25100000Grade: 0.13Grade Unit: %Contained Metal: 74.5Contained Unit: mlbView all details
Link to this fact

Identity

Project
Soto Norte
Commodity
copper
Region
colombia
Reported Region
Santander, Colombia
Ticker
ARIS.TO

Resource scope

Estimate type
resource
Effective date
2025-08-18T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Pamela De Mark
Resource group id
resource:1fa8e1d3ab7be60c78c7
Mining method
underground

Resource Data

Category
inferred
Tonnes
25100000
Grade
0.13
Grade Unit
%
Contained Metal
74.5
Contained Unit
mlb
Cutoff Grade
1.6
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-08-18

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-30T00:00:00.000Z

Reasoning: This represents a lower confidence resource category, providing exploration upside but requiring further drilling to upgrade confidence.

Positive factors

  • Adds to overall resource base
  • Good grade potential

Negative factors

  • Lower confidence category

Evidence · table

“0.13”

Context: 25.1

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

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: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

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.