# Blue Jay Gold Announces Materials Purchase Agreement With Ocean Partners for Remediation Material at Steller

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/blue-jay-gold-announces-materials-purchase-agreement-with-ocean-partners-for-rem--477bb383-926b-4ff5-b72b-6978e13c671c

Original source: https://orestocks.com/company/JAY.V/press-releases/7393037075443205

Publisher: orestocks

Original announcement: 2026-10-21T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T12:17:17.425Z

Atlas analysis updated: 2026-10-21T12:17:17.425Z

- Company: Blue Jay Gold Corp.

- Ticker: JAY.V

- Exchange: Unavailable

- Region: Yukon

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Agreement transaction, Resource update

- Extracted: 2026-10-21 12:17:18 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Blue Jay Gold has entered into a materials purchase agreement with Ocean Partners to sell remediation stockpiles from the Steller Gold Project. The agreement provides non-dilutive funding and exclusivity for Ocean Partners through 2027, while the company plans a PEA in H1 2027 to evaluate a direct shipping ore option.

Reasoning: The agreement turns a remediation liability into a source of non-dilutive capital and provides a logistical test for a potential DSO mining method.

- Positive factor: non-dilutive funding via remediation material sale

- Positive factor: exclusivity agreement through 2027

- Positive factor: planned PEA to evaluate direct shipping ore \(DSO\) option

- Positive factor: infrastructure advantage with road access to deep-water port

- Negative factor: remediation material is not part of the formal mineral resource

Facts used in scoring: 2

## 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 Mineral Resource Estimate is prepared under NI 43-101 standards.

Evidence · text

> The Mineral Resource Estimate, prepared by P&amp;E Mining Consultants Inc. ... under National Instrument 43-101

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: The cut-off grade for the resource estimate is explicitly stated as 3.0 g/t AuEq.

Evidence · text

> at a 3.0 g/t AuEq cut-off

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/blue-jay-gold-announces-materials-purchase-agreement-with-ocean-partners-for-rem--477bb383-926b-4ff5-b72b-6978e13c671c#fact-resource-facts-0)

Steller Gold Project · gold

#### Identity

- Project: Steller Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: JAY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2025-10-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:a52c648a2a8222e3f39d
- Deposit or zone: Steller Mineral Resource
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 1372000
- Contained Metal: 400000
- Contained Unit: ounces aueq
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-31

#### Metal Equivalent

- Metal Eq. Grade: 9.06
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Indicated resource component of the Steller Mineral Resource.

- Positive factor: high grade AuEq

Evidence · text

> Indicated Mineral Resources of 1,372,000 tonnes grading 9.06 g/t AuEq for 400,000 ounces AuEq

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/blue-jay-gold-announces-materials-purchase-agreement-with-ocean-partners-for-rem--477bb383-926b-4ff5-b72b-6978e13c671c#fact-resource-facts-1)

Steller Gold Project · gold

#### Identity

- Project: Steller Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: JAY.V

#### Resource scope

- Estimate type: resource
- Effective date: 2025-10-31T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Resource group id: resource:a9b4655020da8ad629ad
- Deposit or zone: Steller Mineral Resource
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 2166000
- Contained Metal: 449000
- Contained Unit: ounces aueq
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-31

#### Metal Equivalent

- Metal Eq. Grade: 6.45
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Inferred resource component of the Steller Mineral Resource.

- Negative factor: inferred category

Evidence · text

> Inferred Mineral Resources of 2,166,000 tonnes grading 6.45 g/t AuEq for 449,000 ounces AuEq

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

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

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

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

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

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

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

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
