Auro Intersects 572m Grading 0.60 g/t Gold and 0.1% Copper at the Santa Barbara Gold-Copper Project, Ecuador

Original announcement by newsfile on

Company
Auro Metals Inc.
Ticker
AURO
Exchange
Unavailable
Region
Ecuador
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Drill results, Resource update
Extracted
2026-10-13 22:34:42 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Auro Metals Inc. announced positive assay results from the final five drill holes of its 2026 Phase I drill program at the Santa Barbara Gold-Copper Project in Ecuador. Highlights include 572.47m grading 0.60 g/t gold and 0.10% copper in hole DSB-74, extending known mineralization. The results confirm continuity and expand the known porphyry system, with a Phase II drill program already underway.

Reasoning: The announcement reports significant gold-copper intercepts from the final Phase I drill holes, including a very long intercept in DSB-74, which extends and confirms the continuity of mineralization within the Santa Barbara porphyry system.

Positive factors

  • Significant gold-copper intercepts
  • Extension of mineralization
  • Confirmation of continuity
  • Porphyry deposit type
  • QA/QC and QP disclosed

Negative factors

  • True width unknown
  • Assays pending for some holes/intervals

Facts used in scoring: 24

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole DSB-74 intersected 572.47m grading 0.60 g/t Au, resulting in a gold grade-thickness product of 343.48 g/t·m, which exceeds the exceptional threshold of 300 g/t·m for gold.

Evidence · table

“0.60”

Context: 572.47

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drillholes DSB-73 and DSB-74 are step-out holes that extended previously drilled mineralization by almost 200m to the east, and Phase II includes a 400m step-out northeast of DSB-74.

Evidence · text

“Drillholes DSB-73 and DSB-74 are step-out holes, which have extended the previously drilled DSB-63 by almost 200m to the east.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details that samples were shipped to SGS, an ISO/IEC 17025 accredited laboratory, and that certified reference materials, blanks, and duplicates were inserted into sample sequences.

Evidence · text

“All samples in respect of the exploration program at the Project discussed in this news release were shipped in securely-sealed bags by a chartered commercial truck, directly from the field to the sample preparation facilities of SGS in Guayaquil, Ecuador for preparation, and to SGS in Lima, Peru for geochemical analysis. SGS is a global leader in inspection, verification, testing, and certification. It is an ISO/IEC 17025 accredited laboratory independent from Auro. All samples go through fire assay (SGS code FAA313) for gold and multi-acid digestion ICP-AES multi-element assay (SGS code ICP40B) for other elements. Certified reference materials, various types of blank samples and duplicate samples are inserted into normal drill core sample sequences prior to delivery to laboratory for preparation and analysis. The overall ratio of quality control samples in sample sequences is approximately 20%.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that the true width of mineralization is unknown for the reported drill intercepts.

Evidence · text

“True width of mineralization is unknown.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Drillholes DSB-71, DSB-72, and DSB-75 are described as infill/step-out holes, and DSB-75 specifically filled a 300m gap between historical holes.

Evidence · text

“Drillholes DSB-71, DSB-72 and DSB-75 are infill/step-out holes”

Indicated Resourcepositive

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

Why it applies: The document reports Indicated resources of 29.8 million tonnes grading 0.73 g/t gold and 0.1% copper.

Evidence · text

“Indicated resources of 29.8 million tonnes grading 0.73 grams per tonne gold and 0.1% copper”

Inferred Resourcenegative

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

Why it applies: The document reports Inferred resources of 205.7 million tonnes grading 0.52 g/t gold and 0.09% copper.

Evidence · text

“Inferred resources of 205.7 million tonnes grading 0.52 grams per tonne gold and 0.09% copper”

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: The scientific and technical information has been reviewed and approved by Alex Zhang, P. Geo., a Qualified Person for NI 43-101.

Evidence · text

“The scientific and technical information contained in this news release has been reviewed and approved by Alex Zhang, P. Geo., a Director of the Company, who is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ( "NI 43-101").”

NI 43-101 Compliantpositive

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

Why it applies: The mineral resource estimate was prepared in accordance with NI 43-101 by SRK Consulting.

Evidence · text

“mineral resource estimate prepared in accordance with NI 43-101 by SRK Consulting”

Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

Drill Results (20)

DSB-71Santa Barbara South · goldGrade: 0.78Grade Unit: g/tIntercept: 301.4 mView all details
Link to this fact

Identity

Hole ID
DSB-71
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
301.4 m
From
123.1 m
To
424.5 m
Hole Depth
745 m
Intercept Depth
123.1 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-71:123.1-424.5
Mining Method
open_pit

Location

Easting
765258.66
Northing
9544399.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
1040.63 m
Azimuth
80 °
Dip
-63 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.81
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long intercept with strong gold grade, confirming continuity in an infill/step-out hole.

Positive factors

  • long intercept length
  • strong gold grade
  • confirms continuity

Negative factors

  • true width unknown

Evidence · table

“0.78”

Context: 301.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-71Santa Barbara South · copperGrade: 0.1Grade Unit: %Intercept: 301.4 mView all details
Link to this fact

Identity

Hole ID
DSB-71
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.1
Grade Unit
%
Intercept
301.4 m
From
123.1 m
To
424.5 m
Hole Depth
745 m
Intercept Depth
123.1 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-71:123.1-424.5
Mining Method
open_pit

Location

Easting
765258.66
Northing
9544399.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
1040.63 m
Azimuth
80 °
Dip
-63 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.81
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long intercept with weak copper grade, confirming continuity in an infill/step-out hole.

Positive factors

  • long intercept length
  • confirms continuity

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.10”

Context: 301.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-71Santa Barbara South · goldGrade: 1.2Grade Unit: g/tIntercept: 89.5 mView all details
Link to this fact

Identity

Hole ID
DSB-71
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
1.2
Grade Unit
g/t
Intercept
89.5 m
From
333 m
To
422.5 m
Hole Depth
745 m
Intercept Depth
123.1 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-71:333-422.5
Mining Method
open_pit

Location

Easting
765258.66
Northing
9544399.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
1040.63 m
Azimuth
80 °
Dip
-63 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.24
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: High-grade sub-interval with exceptional gold grade, confirming strong mineralization.

Positive factors

  • exceptional gold grade
  • good intercept length

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“1.20”

Context: 89.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-71Santa Barbara South · copperGrade: 0.15Grade Unit: %Intercept: 89.5 mView all details
Link to this fact

Identity

Hole ID
DSB-71
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.15
Grade Unit
%
Intercept
89.5 m
From
333 m
To
422.5 m
Hole Depth
745 m
Intercept Depth
123.1 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-71:333-422.5
Mining Method
open_pit

Location

Easting
765258.66
Northing
9544399.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
1040.63 m
Azimuth
80 °
Dip
-63 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.24
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: High-grade sub-interval with weak copper grade, confirming strong mineralization.

Positive factors

  • good intercept length

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.15”

Context: 89.50

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-72Santa Barbara South · goldGrade: 0.53Grade Unit: g/tIntercept: 32 mView all details
Link to this fact

Identity

Hole ID
DSB-72
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
32 m
From
9 m
To
41 m
Hole Depth
400.9 m
Intercept Depth
9 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-72:9-41
Mining Method
open_pit

Location

Easting
765493.47
Northing
9544499.79
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
905.72 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.55
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Moderate intercept with strong gold grade but narrow width and weak copper.

Positive factors

  • strong gold grade

Negative factors

  • narrow intercept length
  • weak copper grade
  • true width unknown

Evidence · table

“0.53”

Context: 32.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-72Santa Barbara South · copperGrade: 0.06Grade Unit: %Intercept: 32 mView all details
Link to this fact

Identity

Hole ID
DSB-72
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.06
Grade Unit
%
Intercept
32 m
From
9 m
To
41 m
Hole Depth
400.9 m
Intercept Depth
9 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-72:9-41
Mining Method
open_pit

Location

Easting
765493.47
Northing
9544499.79
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
905.72 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.55
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Moderate intercept with narrow width and weak copper grade.

Negative factors

  • narrow intercept length
  • weak copper grade
  • true width unknown

Evidence · table

“0.06”

Context: 32.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-72Santa Barbara South · goldGrade: 0.58Grade Unit: g/tIntercept: 311 mView all details
Link to this fact

Identity

Hole ID
DSB-72
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
311 m
From
88.5 m
To
399.5 m
Hole Depth
400.9 m
Intercept Depth
9 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-72:88.5-399.5
Mining Method
open_pit

Location

Easting
765493.47
Northing
9544499.79
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
905.72 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long intercept with strong gold grade and weak copper grade, confirming good continuity in an infill hole.

Positive factors

  • long intercept length
  • strong gold grade
  • confirms continuity

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.58”

Context: 311.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-72Santa Barbara South · copperGrade: 0.11Grade Unit: %Intercept: 311 mView all details
Link to this fact

Identity

Hole ID
DSB-72
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.11
Grade Unit
%
Intercept
311 m
From
88.5 m
To
399.5 m
Hole Depth
400.9 m
Intercept Depth
9 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-72:88.5-399.5
Mining Method
open_pit

Location

Easting
765493.47
Northing
9544499.79
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
905.72 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.61
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long intercept with weak copper grade, confirming good continuity in an infill hole.

Positive factors

  • long intercept length
  • confirms continuity

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.11”

Context: 311.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-73Santa Barbara South · goldGrade: 0.73Grade Unit: g/tIntercept: 394.4 mView all details
Link to this fact

Identity

Hole ID
DSB-73
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.73
Grade Unit
g/t
Intercept
394.4 m
From
8 m
To
402.4 m
Hole Depth
485.65 m
Intercept Depth
8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-73:8-402.4
Mining Method
open_pit

Location

Easting
765509.76
Northing
9544622.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
927.82 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.75
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Very long intercept with strong gold grade and weak copper grade, significantly extending mineralization in a step-out hole.

Positive factors

  • very long intercept length
  • strong gold grade
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.73”

Context: 394.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-73Santa Barbara South · copperGrade: 0.1Grade Unit: %Intercept: 394.4 mView all details
Link to this fact

Identity

Hole ID
DSB-73
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.1
Grade Unit
%
Intercept
394.4 m
From
8 m
To
402.4 m
Hole Depth
485.65 m
Intercept Depth
8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-73:8-402.4
Mining Method
open_pit

Location

Easting
765509.76
Northing
9544622.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
927.82 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.75
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Very long intercept with weak copper grade, significantly extending mineralization in a step-out hole.

Positive factors

  • very long intercept length
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.10”

Context: 394.40

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-73Santa Barbara South · goldGrade: 1Grade Unit: g/tIntercept: 51 mView all details
Link to this fact

Identity

Hole ID
DSB-73
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
1
Grade Unit
g/t
Intercept
51 m
From
23 m
To
74 m
Hole Depth
485.65 m
Intercept Depth
8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-73:23-74
Mining Method
open_pit

Location

Easting
765509.76
Northing
9544622.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
927.82 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.03
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: High-grade sub-interval with exceptional gold grade within a significant step-out.

Positive factors

  • exceptional gold grade
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“1.00”

Context: 51.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-73Santa Barbara South · copperGrade: 0.11Grade Unit: %Intercept: 51 mView all details
Link to this fact

Identity

Hole ID
DSB-73
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.11
Grade Unit
%
Intercept
51 m
From
23 m
To
74 m
Hole Depth
485.65 m
Intercept Depth
8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-73:23-74
Mining Method
open_pit

Location

Easting
765509.76
Northing
9544622.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
927.82 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.03
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: High-grade sub-interval with weak copper grade within a significant step-out.

Positive factors

  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.11”

Context: 51.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-73Santa Barbara South · goldGrade: 1.01Grade Unit: g/tIntercept: 141.15 mView all details
Link to this fact

Identity

Hole ID
DSB-73
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
1.01
Grade Unit
g/t
Intercept
141.15 m
From
138.7 m
To
279.85 m
Hole Depth
485.65 m
Intercept Depth
8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-73:138.7-279.85
Mining Method
open_pit

Location

Easting
765509.76
Northing
9544622.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
927.82 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.04
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long, high-grade sub-interval with exceptional gold grade, contributing to significant extension of mineralization.

Positive factors

  • long intercept length
  • exceptional gold grade
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“1.01”

Context: 141.15

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-73Santa Barbara South · copperGrade: 0.11Grade Unit: %Intercept: 141.15 mView all details
Link to this fact

Identity

Hole ID
DSB-73
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.11
Grade Unit
%
Intercept
141.15 m
From
138.7 m
To
279.85 m
Hole Depth
485.65 m
Intercept Depth
8 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-73:138.7-279.85
Mining Method
open_pit

Location

Easting
765509.76
Northing
9544622.4
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
927.82 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.04
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long, high-grade sub-interval with weak copper grade, contributing to significant extension of mineralization.

Positive factors

  • long intercept length
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.11”

Context: 141.15

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-74Santa Barbara South · goldGrade: 0.6Grade Unit: g/tIntercept: 572.47 mView all details
Link to this fact

Identity

Hole ID
DSB-74
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
572.47 m
From
72.53 m
To
645 m
Hole Depth
856.95 m
Intercept Depth
72.53 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-74:72.53-645
Mining Method
open_pit

Location

Easting
765592.12
Northing
9544640.03
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
961.68 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.62
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Exceptionally long intercept with strong gold grade and exceptional gold grade-thickness product, significantly extending mineralization in a step-out hole, with further assays pending.

Positive factors

  • exceptionally long intercept length
  • exceptional gold grade-thickness
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown
  • assays pending for remaining portion

Evidence · table

“0.60”

Context: 572.47

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-74Santa Barbara South · copperGrade: 0.1Grade Unit: %Intercept: 572.47 mView all details
Link to this fact

Identity

Hole ID
DSB-74
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.1
Grade Unit
%
Intercept
572.47 m
From
72.53 m
To
645 m
Hole Depth
856.95 m
Intercept Depth
72.53 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-74:72.53-645
Mining Method
open_pit

Location

Easting
765592.12
Northing
9544640.03
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
961.68 m
Azimuth
260 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.62
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Exceptionally long intercept with weak copper grade, significantly extending mineralization in a step-out hole, with further assays pending.

Positive factors

  • exceptionally long intercept length
  • extends mineralization

Negative factors

  • weak copper grade
  • true width unknown
  • assays pending for remaining portion

Evidence · table

“0.10”

Context: 572.47

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-75Santa Barbara South · goldGrade: 0.56Grade Unit: g/tIntercept: 322.46 mView all details
Link to this fact

Identity

Hole ID
DSB-75
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
322.46 m
From
10.54 m
To
333 m
Hole Depth
449.65 m
Intercept Depth
10.54 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-75:10.54-333
Mining Method
open_pit

Location

Easting
765549.35
Northing
9544694.97
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
935.42 m
Azimuth
260 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long intercept with strong gold grade and weak copper grade, successfully filling a significant gap between historical holes.

Positive factors

  • long intercept length
  • strong gold grade
  • fills gap between historical holes

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.56”

Context: 322.46

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-75Santa Barbara South · copperGrade: 0.1Grade Unit: %Intercept: 322.46 mView all details
Link to this fact

Identity

Hole ID
DSB-75
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.1
Grade Unit
%
Intercept
322.46 m
From
10.54 m
To
333 m
Hole Depth
449.65 m
Intercept Depth
10.54 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-75:10.54-333
Mining Method
open_pit

Location

Easting
765549.35
Northing
9544694.97
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
935.42 m
Azimuth
260 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long intercept with weak copper grade, successfully filling a significant gap between historical holes.

Positive factors

  • long intercept length
  • fills gap between historical holes

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.10”

Context: 322.46

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-75Santa Barbara South · goldGrade: 1Grade Unit: g/tIntercept: 95.1 mView all details
Link to this fact

Identity

Hole ID
DSB-75
Project
Santa Barbara South
Commodity
gold
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
1
Grade Unit
g/t
Intercept
95.1 m
From
13.7 m
To
108.8 m
Hole Depth
449.65 m
Intercept Depth
10.54 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-75:13.7-108.8
Mining Method
open_pit

Location

Easting
765549.35
Northing
9544694.97
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
935.42 m
Azimuth
260 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.03
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long, high-grade sub-interval with exceptional gold grade, contributing to successful infill drilling.

Positive factors

  • long intercept length
  • exceptional gold grade

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“1.00”

Context: 95.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

DSB-75Santa Barbara South · copperGrade: 0.12Grade Unit: %Intercept: 95.1 mView all details
Link to this fact

Identity

Hole ID
DSB-75
Project
Santa Barbara South
Commodity
copper
Region
ecuador
Reported Region
ecuador
Ticker
AURO

Geometry

Grade
0.12
Grade Unit
%
Intercept
95.1 m
From
13.7 m
To
108.8 m
Hole Depth
449.65 m
Intercept Depth
10.54 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
DSB-75:13.7-108.8
Mining Method
open_pit

Location

Easting
765549.35
Northing
9544694.97
CRS
PSAD56 UTM Zone 17S
EPSG
24877
Elevation
935.42 m
Azimuth
260 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.03
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.2
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Long, high-grade sub-interval with weak copper grade, contributing to successful infill drilling.

Positive factors

  • long intercept length

Negative factors

  • weak copper grade
  • true width unknown

Evidence · table

“0.12”

Context: 95.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Resource Estimates (4)

indicatedSanta Barbara Gold-Copper Project · goldTonnes: 29800000Grade: 0.73Grade Unit: g/tContained Metal: 697000Contained Unit: ozView all details
Link to this fact

Identity

Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
SRK Consulting
Resource group id
resource:fdd91a699fc95e1ed8a9
Deposit or zone
Santa Barbara
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
29800000
Grade
0.73
Grade Unit
g/t
Contained Metal
697000
Contained Unit
oz

Prior Estimate

Resource Date
2026-03-23

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: World-class gold grade in a high-confidence Indicated resource, compliant with NI 43-101 standards.

Positive factors

  • world-class gold grade
  • high confidence category (Indicated)
  • NI 43-101 compliant

Evidence · text

“Indicated resources of 29.8 million tonnes grading 0.73 grams per tonne gold and 0.1% copper containing 697,000 ounces gold”

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

indicatedSanta Barbara Gold-Copper Project · copperTonnes: 29800000Grade: 0.1Grade Unit: %Contained Metal: 68Contained Unit: mlbView all details
Link to this fact

Identity

Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
SRK Consulting
Resource group id
resource:fdd91a699fc95e1ed8a9
Deposit or zone
Santa Barbara
Ownership percent
100 %

Resource Data

Category
indicated
Tonnes
29800000
Grade
0.1
Grade Unit
%
Contained Metal
68
Contained Unit
mlb

Prior Estimate

Resource Date
2026-03-23

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Marginal copper grade in a high-confidence Indicated resource, compliant with NI 43-101 standards.

Positive factors

  • high confidence category (Indicated)
  • NI 43-101 compliant

Negative factors

  • marginal copper grade

Evidence · text

“0.1% copper containing 68 million pounds copper”

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

inferredSanta Barbara Gold-Copper Project · goldTonnes: 205700000Grade: 0.52Grade Unit: g/tContained Metal: 3418000Contained Unit: ozView all details
Link to this fact

Identity

Project
Santa Barbara Gold-Copper Project
Commodity
gold
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
SRK Consulting
Resource group id
resource:dfaeab78fbdba214fa97
Deposit or zone
Santa Barbara
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
205700000
Grade
0.52
Grade Unit
g/t
Contained Metal
3418000
Contained Unit
oz

Prior Estimate

Resource Date
2026-03-23

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Large tonnage with high-grade gold in a lower confidence Inferred resource, compliant with NI 43-101 standards.

Positive factors

  • large tonnage
  • high-grade gold
  • NI 43-101 compliant

Negative factors

  • lower confidence category (Inferred)

Evidence · text

“Inferred resources of 205.7 million tonnes grading 0.52 grams per tonne gold and 0.09% copper containing 3,418,000 ounces gold”

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

inferredSanta Barbara Gold-Copper Project · copperTonnes: 205700000Grade: 0.09Grade Unit: %Contained Metal: 426Contained Unit: mlbView all details
Link to this fact

Identity

Project
Santa Barbara Gold-Copper Project
Commodity
copper
Region
ecuador
Reported Region
Ecuador
Ticker
AURO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
SRK Consulting
Resource group id
resource:dfaeab78fbdba214fa97
Deposit or zone
Santa Barbara
Ownership percent
100 %

Resource Data

Category
inferred
Tonnes
205700000
Grade
0.09
Grade Unit
%
Contained Metal
426
Contained Unit
mlb

Prior Estimate

Resource Date
2026-03-23

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Large tonnage with marginal copper grade in a lower confidence Inferred resource, compliant with NI 43-101 standards.

Positive factors

  • large tonnage
  • NI 43-101 compliant

Negative factors

  • marginal copper grade
  • lower confidence category (Inferred)

Evidence · text

“0.09% copper containing 426 million pounds copper”

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was 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

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.