# 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--deb92a2a-3bf0-427c-83b1-02a808044d19 Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3509-tsx-venture/jay/213307-blue-jay-gold-announces-materials-purchase-agreement-with-ocean-partners-for-remediation-material-at-steller.html Publisher: jmn Original announcement: 2026-10-21T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-21T12:39:02.413Z Atlas analysis updated: 2026-10-21T12:39:02.413Z - Company: Blue Jay Gold Corp. - Ticker: JAY - Exchange: TSXV - Region: Yukon - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Agreement transaction, Resource update - Extracted: 2026-10-21 12:39:03 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Blue Jay Gold has entered into a materials purchase agreement with Ocean Partners UK Limited to sell remediation stockpiles from the Steller Gold Project. The agreement provides non-dilutive funding and includes a 2027 exclusivity period, while the company plans a PEA in H1 2027 to evaluate a direct shipping ore option. Reasoning: The agreement converts a remediation liability into non-dilutive capital and provides a logistical test for a potential DSO option. - Positive factor: non-dilutive funding via remediation material sale - Positive factor: exclusivity agreement through 2027 - Positive factor: infrastructure advantage for direct shipping - Negative factor: remediation material is not part of the mineral resource - Negative factor: increased uncertainty associated with bulk sample program 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 resource estimate is prepared in compliance with NI 43-101 as stated in the text. Evidence · text > prepared by P&E Mining Consultants Inc. with an effective date of October 31, 2025 **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: Freeman Smith, P.Geo., is named as the Qualified Person who reviewed and approved the content. Evidence · text > reviewed and approved by Freeman Smith, P.Geo., VP Exploration of Blue Jay Gold Corp., who is a Qualified Person ## 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--deb92a2a-3bf0-427c-83b1-02a808044d19#fact-resource-facts-0) Steller · gold #### Identity - Project: Steller - Commodity: gold - Region: canada\_yt - Reported Region: Yukon - Ticker: JAY #### Resource scope - Estimate type: resource - Effective date: 2025-10-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Freeman Smith - Resource group id: resource:229f90c748bcfd13f84b - Deposit or zone: Steller - Mining method: underground - Ownership percent: 100 % - Resource basis: attributable #### 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: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Indicated resource component of the existing MRE. - Positive factor: solid indicated resource Evidence · text > includes 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&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--deb92a2a-3bf0-427c-83b1-02a808044d19#fact-resource-facts-1) Steller · gold #### Identity - Project: Steller - Commodity: gold - Region: canada\_yt - Reported Region: Yukon - Ticker: JAY #### Resource scope - Estimate type: resource - Effective date: 2025-10-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Freeman Smith - Resource group id: resource:5be80656f6b9399c89dc - Deposit or zone: Steller - Mining method: underground - Ownership percent: 100 % - Resource basis: attributable #### 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: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-21T00:00:00.000Z Reasoning: Inferred resource component of the existing MRE. - Positive factor: significant inferred tonnage - Negative factor: speculative 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&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.