# Batero Gold Reports Updated NI 43-101 Resource Estimate at La Cumbre Deposit

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b

Original source: https://money.tmx.com/en/quote/BAT/news/5258250004025921/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit

Publisher: tmx

Original announcement: 2018-11-09T13:42:21.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Batero Gold Corp.

- Ticker: BAT

- Exchange: TSX

- Region: Risaralda, Colombia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update

- Extracted: 2026-08-21 13:02:12 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Batero Gold Corp. has reported an updated NI 43-101 mineral resource estimate for the La Cumbre Deposit in Colombia. The total resource includes 24.85 Mt at 0.717 g/t Au and 1.768 g/t Ag, with a significant portion in the measured category.

Reasoning: The update establishes a substantial mineral resource with a significant measured component, supported by high metallurgical recovery in the oxide zone.

- Positive factor: Significant measured resource established

- Positive factor: High gold recovery \(92%\) in oxide zone

- Positive factor: NI 43-101 compliant with QP sign-off

- Negative factor: Low grades \(sub-1.0 g/t Au\)

Facts used in scoring: 36

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The resource estimate is reported as an updated NI 43-101 estimate.

Evidence · text

> updated National Instrument 43-101 Measured, Indicated and Inferred mineral resource estimate

**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: Mr. Edgard Vilela, CP and MAusIMM is named as the Qualified Person.

Evidence · text

> The Qualified Person for the estimate is Mr. Edgard Vilela, CP and MAusIMM.

**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 for Oxide \(0.22 g/t Au\) and Transitional \(0.23 g/t Au\) zones are stated.

Evidence · text

> Mineral Resources \(Oxide\) are reported using a 0.22 g/t Au cutoff grade.

## Extracted facts

Stored fact records: 36. Some facts used in scoring do not have a stored record.

## Resource Estimates (36)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 20014332
- Grade: 0.759
- Grade Unit: g/t
- Contained Metal: 488336
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage.

- Positive factor: Large measured tonnage

Evidence · table

> 0.759

Context: 20,014,332

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-1)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 20014332
- Grade: 1.837
- Grade Unit: g/t
- Contained Metal: 1189327
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver grade reported in measured category.

Evidence · table

> 1.837

Context: 20,014,332

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-2)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 4838786
- Grade: 0.546
- Grade Unit: g/t
- Contained Metal: 84864
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Indicated resource with moderate grade.

- Negative factor: Low grade

Evidence · table

> 0.546

Context: 4,838,786

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-3)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 4838786
- Grade: 1.485
- Grade Unit: g/t
- Contained Metal: 232970
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver grade reported in indicated category.

Evidence · table

> 1.485

Context: 4,838,786

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-4)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8914657
- Grade: 0.628
- Grade Unit: g/t
- Contained Metal: 179876
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Speculative inferred resource.

- Negative factor: Inferred category

Evidence · table

> 0.628

Context: 8,914,657

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-5)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8914657
- Grade: 1.328
- Grade Unit: g/t
- Contained Metal: 462592
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver grade reported in inferred category.

- Negative factor: Inferred category

Evidence · table

> 1.328

Context: 8,914,657

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-6)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 14434475
- Grade: 0.78
- Grade Unit: g/t
- Contained Metal: 362114
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Measured oxide resource.

- Positive factor: Significant oxide tonnage

Evidence · table

> 0.780

Context: 14,434,475

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-7)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 14434475
- Grade: 1.893
- Grade Unit: g/t
- Contained Metal: 878612
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver in measured oxide.

Evidence · table

> 1.893

Context: 14,434,475

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-8)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2633937
- Grade: 0.553
- Grade Unit: g/t
- Contained Metal: 46804
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Indicated oxide resource.

Evidence · table

> 0.553

Context: 2,633,937

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-9)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2633937
- Grade: 1.522
- Grade Unit: g/t
- Contained Metal: 128901
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver in indicated oxide.

Evidence · table

> 1.522

Context: 2,633,937

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-10)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 247781
- Grade: 0.392
- Grade Unit: g/t
- Contained Metal: 3121
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Small inferred oxide resource.

- Negative factor: Low grade

- Negative factor: Inferred category

Evidence · table

> 0.392

Context: 247,781

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-11)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 247781
- Grade: 1.364
- Grade Unit: g/t
- Contained Metal: 10863
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver in inferred oxide.

Evidence · table

> 1.364

Context: 247,781

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-12)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 5579857
- Grade: 0.704
- Grade Unit: g/t
- Contained Metal: 126222
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Measured transitional resource.

Evidence · table

> 0.704

Context: 5,579,857

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-13)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 5579857
- Grade: 1.732
- Grade Unit: g/t
- Contained Metal: 310715
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver in measured transitional.

Evidence · table

> 1.732

Context: 5,579,857

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-14)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2204849
- Grade: 0.537
- Grade Unit: g/t
- Contained Metal: 38060
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Indicated transitional resource.

Evidence · table

> 0.537

Context: 2,204,849

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-15)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2204849
- Grade: 1.468
- Grade Unit: g/t
- Contained Metal: 104070
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver in indicated transitional.

Evidence · table

> 1.468

Context: 2,204,849

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-16)

gold

#### Identity

- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8666875
- Grade: 0.634
- Grade Unit: g/t
- Contained Metal: 176755
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Inferred transitional resource.

- Negative factor: Inferred category

Evidence · table

> 0.634

Context: 8,666,875

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-17)

silver

#### Identity

- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8666875
- Grade: 1.621
- Grade Unit: g/t
- Contained Metal: 451729
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: Byproduct silver in inferred transitional.

Evidence · table

> 1.621

Context: 8,666,875

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-18)

Table 1 - 1 Total Mineral Resource Estimate for La Cumbre · gold

#### Identity

- Project: Table 1 - 1 Total Mineral Resource Estimate for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 20014332
- Grade: 0.759
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.759

Context: 20,014,332

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-19)

Table 1 - 1 Total Mineral Resource Estimate for La Cumbre · silver

#### Identity

- Project: Table 1 - 1 Total Mineral Resource Estimate for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 20014332
- Grade: 1.837
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.837

Context: 20,014,332

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-20)

Table 1 - 1 Total Mineral Resource Estimate for La Cumbre · gold

#### Identity

- Project: Table 1 - 1 Total Mineral Resource Estimate for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 4838786
- Grade: 0.546
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.546

Context: 4,838,786

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-21)

Table 1 - 1 Total Mineral Resource Estimate for La Cumbre · silver

#### Identity

- Project: Table 1 - 1 Total Mineral Resource Estimate for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 4838786
- Grade: 1.485
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.485

Context: 4,838,786

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-22)

Table 1 - 1 Total Mineral Resource Estimate for La Cumbre · gold

#### Identity

- Project: Table 1 - 1 Total Mineral Resource Estimate for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8914657
- Grade: 0.628
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.628

Context: 8,914,657

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-23)

Table 1 - 1 Total Mineral Resource Estimate for La Cumbre · silver

#### Identity

- Project: Table 1 - 1 Total Mineral Resource Estimate for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8914657
- Grade: 1.328
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.328

Context: 8,914,657

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-24)

Table 1 - 2 Mineral Resource Estimate for La Cumbre · gold

#### Identity

- Project: Table 1 - 2 Mineral Resource Estimate for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 14434475
- Grade: 0.78
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.780

Context: 14,434,475

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-25)

Table 1 - 2 Mineral Resource Estimate for La Cumbre · silver

#### Identity

- Project: Table 1 - 2 Mineral Resource Estimate for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 14434475
- Grade: 1.893
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.893

Context: 14,434,475

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-26)

Table 1 - 2 Mineral Resource Estimate for La Cumbre · gold

#### Identity

- Project: Table 1 - 2 Mineral Resource Estimate for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2633937
- Grade: 0.553
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.553

Context: 2,633,937

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-27)

Table 1 - 2 Mineral Resource Estimate for La Cumbre · silver

#### Identity

- Project: Table 1 - 2 Mineral Resource Estimate for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2633937
- Grade: 1.522
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.522

Context: 2,633,937

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-28)

Table 1 - 2 Mineral Resource Estimate for La Cumbre · gold

#### Identity

- Project: Table 1 - 2 Mineral Resource Estimate for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 247781
- Grade: 0.392
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.392

Context: 247,781

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-29)

Table 1 - 2 Mineral Resource Estimate for La Cumbre · silver

#### Identity

- Project: Table 1 - 2 Mineral Resource Estimate for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 247781
- Grade: 1.364
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.364

Context: 247,781

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-30)

Table 1 - 3 Mineral Resource Estimates for La Cumbre · gold

#### Identity

- Project: Table 1 - 3 Mineral Resource Estimates for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 5579857
- Grade: 0.704
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.704

Context: 5,579,857

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-31)

Table 1 - 3 Mineral Resource Estimates for La Cumbre · silver

#### Identity

- Project: Table 1 - 3 Mineral Resource Estimates for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: measured
- Tonnes: 5579857
- Grade: 1.732
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.732

Context: 5,579,857

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-32)

Table 1 - 3 Mineral Resource Estimates for La Cumbre · gold

#### Identity

- Project: Table 1 - 3 Mineral Resource Estimates for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2204849
- Grade: 0.537
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.537

Context: 2,204,849

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-33)

Table 1 - 3 Mineral Resource Estimates for La Cumbre · silver

#### Identity

- Project: Table 1 - 3 Mineral Resource Estimates for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: indicated
- Tonnes: 2204849
- Grade: 1.468
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.468

Context: 2,204,849

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-34)

Table 1 - 3 Mineral Resource Estimates for La Cumbre · gold

#### Identity

- Project: Table 1 - 3 Mineral Resource Estimates for La Cumbre
- Commodity: gold
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8666875
- Grade: 0.634
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 0.634

Context: 8,666,875

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/batero-gold-reports-updated-ni-43-101-resource-estimate-at-la-cumbre-deposit--5cbef1c9-6fe3-44c5-90ab-346d279c523b#fact-resource-facts-35)

Table 1 - 3 Mineral Resource Estimates for La Cumbre · silver

#### Identity

- Project: Table 1 - 3 Mineral Resource Estimates for La Cumbre
- Commodity: silver
- Ticker: BAT

#### Resource Data

- Category: inferred
- Tonnes: 8666875
- Grade: 1.621
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2018-11-09T00:00:00.000Z

Reasoning: High confidence measured category with significant tonnage. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Large measured tonnage

Evidence · table

> 1.621

Context: 8,666,875

## 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.
