# AuRico Reports 2014 Reserve & Resource Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a

Original source: https://money.tmx.com/en/quote/AUQ/news/62792988/aurico-reports-2014-reserve-resource-update

Publisher: tmx

Original announcement: 2015-02-19T21:32:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: AuRico Gold Inc.

- Ticker: AUQ

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Copper, Silver

- Document categories: Resource update

- Extracted: 2026-08-24 23:19:40 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

AuRico Gold Inc. announced an update to its mineral reserves and resources as of December 31, 2014, reporting a 15% increase in company-wide Proven & Probable gold reserves. Measured and Indicated gold resources saw a significant 64% increase, primarily from new contributions at the Kemess East and Lynn Lake Projects. The estimates are compliant with NI 43-101 and include detailed breakdowns for gold, copper, and silver across multiple projects.

Reasoning: AuRico Gold reported a substantial increase in company-wide gold reserves and Measured & Indicated resources, driven by successful exploration and new project contributions, despite a decrease in reserves at one mine. The estimates are compliant with NI 43-101 and signed off by Qualified Persons.

- Positive factor: Company-wide Proven & Probable gold reserves increased by 15% to 10.4 million ounces.

- Positive factor: Measured and Indicated gold resources increased by 64% to 4.1 million ounces.

- Positive factor: Significant new resources added from Kemess East and Lynn Lake projects.

- Positive factor: QP/CP sign-off and NI 43-101 compliance ensure high reporting standards.

- Negative factor: Reserves at El Chanate mine decreased by 37% due to depletion and slope angle reduction.

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

Facts used in scoring: 42

## Classification and evidence

**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: Chris Bostwick and Jeffrey Volk are named as 'Qualified Persons' as defined by National Instrument 43-101, reviewing the scientific and technical information.

Evidence · text

> Chris Bostwick , Senior Vice President, Technical Services for AuRico Gold Inc. has reviewed the scientific and technical information contained within this press release and serves as the Qualified Person as defined by National Instrument 43-101. ... Both Messrs Volk and Bostwick are "Qualified Persons" as defined by National Instrument 43-101.

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: Mineral Resources and Mineral Reserves have been classified in accordance with NI 43-101 standards.

Evidence · text

> Mineral Resources and Mineral Reserves have been classified in accordance with Canadian Institute of Mining, Metallurgy and Petroleum \("CIM"\) "CIM Definition Standards - For Mineral Resources and Mineral Reserves" adopted by the CIM Council in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects \("NI 43-101"\)

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: Company-wide Proven & Probable gold reserves increased by 15% and Measured and Indicated gold resources increased by 64%.

Evidence · text

> Company-Wide Reserves and M&I Resources Increase by 15% to 10.4 Million Gold Ounces

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Gold reserves at Young-Davidson underground mine increased by 207,000 ounces.

Evidence · text

> Reserves Increase by 207,000 Ounces at Young-Davidson Underground

**Resource Update**

Polarity: neutral

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

Why it applies: The document is titled 'AuRico Reports 2014 Reserve & Resource Update' and provides updated estimates as of December 31, 2014.

Evidence · text

> AuRico Reports 2014 Reserve & Resource Update

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: Cut-off grades are disclosed for Young-Davidson, El Chanate, and Kemess projects in the notes.

Evidence · text

> Mineral Reserves assume the following cutoff grades and process recoveries: Young - Davidson - Surface: 0.50 gpt cutoff, 91% mill recovery Young - Davidson - Underground: 1.90 gpt cutoff, 91% mill recovery El Chanate: 0.15 gpt cutoff, 30%-65% leach recovery Kemess Underground: $15 NSR cutoff, mill recovery of 72% for gold and 91% for copper

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: Reserves decreased by 37% at the El Chanate mine.

Evidence · text

> Reserves decreased by 37% at the El Chanate mine, due to both mining depletion and a reduction in overall slope angles

**Inferred Resource**

Polarity: negative

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

Why it applies: The document reports significant inferred gold resources, including 2.4 million ounces company-wide.

Evidence · text

> Inferred gold resources of 2.4 million gold ouncesat a grade of 0.52 g/t, an increase of 1.9 million ounces, or 409%

## Extracted facts

Stored fact records: 42. Some facts used in scoring do not have a stored record.

## Resource Estimates (42)

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-0)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: proven
- Tonnes: 2501000
- Grade: 0.76
- Grade Unit: g/t
- Contained Metal: 61000
- Contained Unit: oz
- Cutoff Grade: 0.5

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Proven reserve for Young-Davidson Surface with a moderate grade and disclosed cutoff.

Evidence · table

> 0.76

Context: 2,501

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-1)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: proven
- Tonnes: 12499000
- Grade: 2.83
- Grade Unit: g/t
- Contained Metal: 1137000
- Contained Unit: oz
- Cutoff Grade: 1.9

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Significant proven reserve for Young-Davidson Underground with a strong grade and disclosed cutoff.

Evidence · table

> 2.83

Context: 12,499

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-2)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: probable
- Tonnes: 30274000
- Grade: 2.7
- Grade Unit: g/t
- Contained Metal: 2626000
- Contained Unit: oz
- Cutoff Grade: 1.9

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large probable reserve for Young-Davidson Underground with a strong grade and disclosed cutoff.

Evidence · table

> 2.70

Context: 30,274

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-3)

El Chanate · gold

#### Identity

- Project: El Chanate
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: AUQ

#### Resource Data

- Category: proven
- Tonnes: 18255000
- Grade: 0.8
- Grade Unit: g/t
- Contained Metal: 472000
- Contained Unit: oz
- Cutoff Grade: 0.15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Proven reserve for El Chanate with a moderate grade, but overall reserves for the project decreased.

- Negative factor: Reserves decreased by 37% at the El Chanate mine.

Evidence · table

> 0.80

Context: 18,255

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-4)

El Chanate · gold

#### Identity

- Project: El Chanate
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: AUQ

#### Resource Data

- Category: probable
- Tonnes: 8958000
- Grade: 0.6
- Grade Unit: g/t
- Contained Metal: 174000
- Contained Unit: oz
- Cutoff Grade: 0.15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Probable reserve for El Chanate with a moderate grade, but overall reserves for the project decreased.

- Negative factor: Reserves decreased by 37% at the El Chanate mine.

Evidence · table

> 0.60

Context: 8,958

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-5)

Kemess Underground · gold

#### Identity

- Project: Kemess Underground
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: probable
- Tonnes: 100373000
- Grade: 0.56
- Grade Unit: g/t
- Contained Metal: 1805000
- Contained Unit: oz
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large probable reserve for Kemess Underground with a moderate grade and disclosed NSR cutoff.

Evidence · table

> 0.56

Context: 100,373

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-6)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: measured
- Tonnes: 496000
- Grade: 1.13
- Grade Unit: g/t
- Contained Metal: 18000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Measured resource for Young-Davidson Surface with a moderate grade.

Evidence · table

> 1.13

Context: 496

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-7)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 1242000
- Grade: 1.28
- Grade Unit: g/t
- Contained Metal: 51000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Indicated resource for Young-Davidson Surface with a moderate grade.

Evidence · table

> 1.28

Context: 1,242

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-8)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: measured
- Tonnes: 7855000
- Grade: 3.28
- Grade Unit: g/t
- Contained Metal: 829000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Significant measured resource for Young-Davidson Underground with a strong grade.

Evidence · table

> 3.28

Context: 7,855

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-9)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 6090000
- Grade: 3.07
- Grade Unit: g/t
- Contained Metal: 601000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Significant indicated resource for Young-Davidson Underground with a strong grade.

Evidence · table

> 3.07

Context: 6,090

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-10)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 31000
- Grade: 0.99
- Grade Unit: g/t
- Contained Metal: 1000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Small inferred resource for Young-Davidson Surface with a moderate grade.

Evidence · table

> 0.99

Context: 31

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-11)

Young-Davidson · gold

#### Identity

- Project: Young-Davidson
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 3608000
- Grade: 2.76
- Grade Unit: g/t
- Contained Metal: 320000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Inferred resource for Young-Davidson Underground with a strong grade.

Evidence · table

> 2.76

Context: 3,608

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-12)

El Chanate · gold

#### Identity

- Project: El Chanate
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: AUQ

#### Resource Data

- Category: measured
- Tonnes: 923000
- Grade: 0.58
- Grade Unit: g/t
- Contained Metal: 17000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Measured resource for El Chanate with a moderate grade.

Evidence · table

> 0.58

Context: 923

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-13)

El Chanate · gold

#### Identity

- Project: El Chanate
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 1842000
- Grade: 0.87
- Grade Unit: g/t
- Contained Metal: 52000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Indicated resource for El Chanate with a moderate grade.

Evidence · table

> 0.87

Context: 1,842

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-14)

El Chanate · gold

#### Identity

- Project: El Chanate
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 184000
- Grade: 0.38
- Grade Unit: g/t
- Contained Metal: 2000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Small inferred resource for El Chanate with a weak grade.

Evidence · table

> 0.38

Context: 184

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-15)

Kemess Underground · gold

#### Identity

- Project: Kemess Underground
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 65432000
- Grade: 0.41
- Grade Unit: g/t
- Contained Metal: 854000
- Contained Unit: oz
- Cutoff Grade: 13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large indicated resource for Kemess Underground with a moderate grade and disclosed NSR cutoff.

Evidence · table

> 0.41

Context: 65,432

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-16)

Kemess Underground · gold

#### Identity

- Project: Kemess Underground
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 9969000
- Grade: 0.39
- Grade Unit: g/t
- Contained Metal: 125000
- Contained Unit: oz
- Cutoff Grade: 13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Inferred resource for Kemess Underground with a moderate grade and disclosed NSR cutoff.

Evidence · table

> 0.39

Context: 9,969

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-17)

Kemess East · gold

#### Identity

- Project: Kemess East
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 55864000
- Grade: 0.52
- Grade Unit: g/t
- Contained Metal: 939000
- Contained Unit: oz
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large indicated resource for Kemess East with a moderate grade and disclosed NSR cutoff, contributing significantly to overall resource growth.

- Positive factor: Significant new indicated resource from Kemess East.

Evidence · table

> 0.52

Context: 55,864

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-18)

Kemess East · gold

#### Identity

- Project: Kemess East
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 117152000
- Grade: 0.38
- Grade Unit: g/t
- Contained Metal: 1424000
- Contained Unit: oz
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Very large inferred resource for Kemess East with a moderate grade, contributing significantly to overall resource growth.

- Positive factor: Significant new inferred resource from Kemess East.

Evidence · table

> 0.38

Context: 117,152

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-19)

Lynn Lake \(MacLellan\) · gold

#### Identity

- Project: Lynn Lake \(MacLellan\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: measured
- Tonnes: 3753000
- Grade: 1.99
- Grade Unit: g/t
- Contained Metal: 240000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New measured resource for MacLellan at Lynn Lake with a strong grade, contributing to overall resource growth.

- Positive factor: New measured resource from Lynn Lake project.

Evidence · table

> 1.99

Context: 3,753

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-20)

Lynn Lake \(MacLellan\) · gold

#### Identity

- Project: Lynn Lake \(MacLellan\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 4344000
- Grade: 1.75
- Grade Unit: g/t
- Contained Metal: 244000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New indicated resource for MacLellan at Lynn Lake with a strong grade, contributing to overall resource growth.

- Positive factor: New indicated resource from Lynn Lake project.

Evidence · table

> 1.75

Context: 4,344

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-21)

Lynn Lake \(MacLellan\) · gold

#### Identity

- Project: Lynn Lake \(MacLellan\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 475000
- Grade: 2.01
- Grade Unit: g/t
- Contained Metal: 31000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New inferred resource for MacLellan at Lynn Lake with a strong grade.

- Positive factor: New inferred resource from Lynn Lake project.

Evidence · table

> 2.01

Context: 475

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-22)

Lynn Lake \(Farley Lake\) · gold

#### Identity

- Project: Lynn Lake \(Farley Lake\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 1479000
- Grade: 3.21
- Grade Unit: g/t
- Contained Metal: 153000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New indicated resource for Farley Lake at Lynn Lake with a strong grade, contributing to overall resource growth.

- Positive factor: New indicated resource from Lynn Lake project.

Evidence · table

> 3.21

Context: 1,479

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-23)

Lynn Lake \(Farley Lake\) · gold

#### Identity

- Project: Lynn Lake \(Farley Lake\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 1091000
- Grade: 2.87
- Grade Unit: g/t
- Contained Metal: 101000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New inferred resource for Farley Lake at Lynn Lake with a strong grade.

- Positive factor: New inferred resource from Lynn Lake project.

Evidence · table

> 2.87

Context: 1,091

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-24)

Lynn Lake \(Burnt Timber\) · gold

#### Identity

- Project: Lynn Lake \(Burnt Timber\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 255000
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 11000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New indicated resource for Burnt Timber at Lynn Lake with a moderate grade.

- Positive factor: New indicated resource from Lynn Lake project.

Evidence · table

> 1.40

Context: 255

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-25)

Lynn Lake \(Burnt Timber\) · gold

#### Identity

- Project: Lynn Lake \(Burnt Timber\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 5860000
- Grade: 1.04
- Grade Unit: g/t
- Contained Metal: 195000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New inferred resource for Burnt Timber at Lynn Lake with a moderate grade.

- Positive factor: New inferred resource from Lynn Lake project.

Evidence · table

> 1.04

Context: 5,860

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-26)

Lynn Lake \(Linkwood\) · gold

#### Identity

- Project: Lynn Lake \(Linkwood\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 246000
- Grade: 1.16
- Grade Unit: g/t
- Contained Metal: 9000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New indicated resource for Linkwood at Lynn Lake with a moderate grade.

- Positive factor: New indicated resource from Lynn Lake project.

Evidence · table

> 1.16

Context: 246

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-27)

Lynn Lake \(Linkwood\) · gold

#### Identity

- Project: Lynn Lake \(Linkwood\)
- Commodity: gold
- Region: canada\_mb
- Reported Region: Manitoba, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 5251000
- Grade: 1.16
- Grade Unit: g/t
- Contained Metal: 196000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: New inferred resource for Linkwood at Lynn Lake with a moderate grade.

- Positive factor: New inferred resource from Lynn Lake project.

Evidence · table

> 1.16

Context: 5,251

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-28)

Orion · gold

#### Identity

- Project: Orion
- Commodity: gold
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 554000
- Grade: 3.66
- Grade Unit: g/t
- Contained Metal: 65000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Indicated resource for Orion with a strong grade.

Evidence · table

> 3.66

Context: 554

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-29)

Orion · gold

#### Identity

- Project: Orion
- Commodity: gold
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 91000
- Grade: 3.33
- Grade Unit: g/t
- Contained Metal: 10000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Inferred resource for Orion with a strong grade.

Evidence · table

> 3.33

Context: 91

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-30)

Kemess Underground · copper

#### Identity

- Project: Kemess Underground
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: probable
- Tonnes: 100373000
- Grade: 0.28
- Grade Unit: %
- Contained Metal: 619151000
- Contained Unit: lbs
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large probable reserve for Kemess Underground with a moderate copper grade.

Evidence · table

> 0.28

Context: 100,373

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-31)

Kemess Underground · silver

#### Identity

- Project: Kemess Underground
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: probable
- Tonnes: 100373000
- Grade: 2
- Grade Unit: g/t
- Contained Metal: 6608000
- Contained Unit: oz
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large probable reserve for Kemess Underground with a moderate silver grade.

Evidence · table

> 2.0

Context: 100,373

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-32)

Kemess Underground · copper

#### Identity

- Project: Kemess Underground
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 65432000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 346546000
- Contained Unit: lbs
- Cutoff Grade: 13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large indicated resource for Kemess Underground with a moderate copper grade.

Evidence · table

> 0.24

Context: 65,432

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-33)

Kemess Underground · silver

#### Identity

- Project: Kemess Underground
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 65432000
- Grade: 1.8
- Grade Unit: g/t
- Contained Metal: 3811000
- Contained Unit: oz
- Cutoff Grade: 13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large indicated resource for Kemess Underground with a moderate silver grade.

Evidence · table

> 1.8

Context: 65,432

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-34)

Kemess Underground · copper

#### Identity

- Project: Kemess Underground
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 9969000
- Grade: 0.21
- Grade Unit: %
- Contained Metal: 46101000
- Contained Unit: lbs
- Cutoff Grade: 13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Inferred resource for Kemess Underground with a moderate copper grade.

Evidence · table

> 0.21

Context: 9,969

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-35)

Kemess Underground · silver

#### Identity

- Project: Kemess Underground
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 9969000
- Grade: 1.6
- Grade Unit: g/t
- Contained Metal: 503000
- Contained Unit: oz
- Cutoff Grade: 13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Inferred resource for Kemess Underground with a moderate silver grade.

Evidence · table

> 1.6

Context: 9,969

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-36)

Kemess East · copper

#### Identity

- Project: Kemess East
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 55864000
- Grade: 0.41
- Grade Unit: %
- Contained Metal: 503663000
- Contained Unit: lbs
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large indicated resource for Kemess East with a strong copper grade, contributing significantly to overall resource growth.

- Positive factor: Significant new indicated resource from Kemess East.

Evidence · table

> 0.41

Context: 55,864

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-37)

Kemess East · silver

#### Identity

- Project: Kemess East
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 55864000
- Grade: 2
- Grade Unit: g/t
- Contained Metal: 3601000
- Contained Unit: oz
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Large indicated resource for Kemess East with a moderate silver grade, contributing significantly to overall resource growth.

- Positive factor: Significant new indicated resource from Kemess East.

Evidence · table

> 2.0

Context: 55,864

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-38)

Kemess East · copper

#### Identity

- Project: Kemess East
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 117152000
- Grade: 0.34
- Grade Unit: %
- Contained Metal: 871407000
- Contained Unit: lbs
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Very large inferred resource for Kemess East with a strong copper grade, contributing significantly to overall resource growth.

- Positive factor: Significant new inferred resource from Kemess East.

Evidence · table

> 0.34

Context: 117,152

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-39)

Kemess East · silver

#### Identity

- Project: Kemess East
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 117152000
- Grade: 1.8
- Grade Unit: g/t
- Contained Metal: 6739000
- Contained Unit: oz
- Cutoff Grade: 15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Very large inferred resource for Kemess East with a moderate silver grade, contributing significantly to overall resource growth.

- Positive factor: Significant new inferred resource from Kemess East.

Evidence · table

> 1.8

Context: 117,152

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-40)

Orion · silver

#### Identity

- Project: Orion
- Commodity: silver
- Ticker: AUQ

#### Resource Data

- Category: indicated
- Tonnes: 554000
- Grade: 309
- Grade Unit: g/t
- Contained Metal: 5503000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Indicated resource for Orion with a very high silver grade.

Evidence · table

> 309

Context: 554

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/aurico-reports-2014-reserve-resource-update--cd12b3dc-0d29-4959-8a83-2a9096785c5a#fact-resource-facts-41)

Orion · silver

#### Identity

- Project: Orion
- Commodity: silver
- Ticker: AUQ

#### Resource Data

- Category: inferred
- Tonnes: 91000
- Grade: 95
- Grade Unit: g/t
- Contained Metal: 275000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-02-19T00:00:00.000Z

Reasoning: Inferred resource for Orion with a strong silver grade.

Evidence · table

> 95

Context: 91

## 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.