Clarification: Historical Mineral Resource Estimate at Roger Project

Original announcement by tmx on

Company
KINTAVAR EXPLORATION INC.
Ticker
KTR
Exchange
TSX
Region
Quebec
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Resource update
Extracted
2026-08-24 23:07:01 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Kintavar Exploration Inc. issued a clarification regarding the Roger Project, stating that the resource estimates provided in a previous release are historical estimates from a 2018 technical report. The company noted that verification drilling and further studies are required to upgrade these to current mineral resources.

Reasoning: The company is clarifying that previously disclosed resource figures for the Roger Project are historical estimates from 2018 and are not current NI 43-101 compliant resources.

Negative factors

  • Historical estimate only
  • Insufficient work to determine reliability
  • Requires verification drilling

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

Facts used in scoring: 6

Classification and evidence

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource estimates provided are explicitly identified as historical estimates from a 2018 technical report.

Evidence · text

“such information is provided as a "historical estimate" within the meaning of National Instrument 43-101”

NI 43-101 Compliantpositive

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

Why it applies: The clarification and the underlying technical report follow NI 43-101 standards.

Evidence · text

“as per a NI 43-101 technical report”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Resource Estimates (6)

indicatedgoldTonnes: 10900000Grade: 0.85Grade Unit: g/tContained Metal: 333000Contained Unit: ounces of gold equivalentHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
KTR

Resource Data

Category
indicated
Tonnes
10900000
Grade
0.85
Grade Unit
g/t
Contained Metal
333000
Contained Unit
ounces of gold equivalent
Cutoff Grade
0.45

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2018-10-09T00:00:00.000Z

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Indicated resource reported as historical data from 2018.

Negative factors

  • Historical estimate only

Evidence · text

“Indicated Resource was estimated to be 10,900,000* metric tonnes at a grade of 0.85 g/t of gold”
indicatedsilverTonnes: 10900000Grade: 0.8Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Ticker
KTR

Resource Data

Category
indicated
Tonnes
10900000
Grade
0.8
Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2018-10-09T00:00:00.000Z

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Silver grade part of historical indicated resource.

Negative factors

  • Historical estimate only

Evidence · text

“0.80 g/t of silver”
indicatedcopperTonnes: 10900000Grade: 0.06Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Ticker
KTR

Resource Data

Category
indicated
Tonnes
10900000
Grade
0.06
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2018-10-09T00:00:00.000Z

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Copper grade part of historical indicated resource.

Negative factors

  • Historical estimate only

Evidence · text

“0.06% of copper”
inferredgoldTonnes: 6569000Grade: 0.75Grade Unit: g/tContained Metal: 202000Contained Unit: ounces of gold equivalentHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
KTR

Resource Data

Category
inferred
Tonnes
6569000
Grade
0.75
Grade Unit
g/t
Contained Metal
202000
Contained Unit
ounces of gold equivalent
Cutoff Grade
0.45

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2018-10-09T00:00:00.000Z

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Inferred resource reported as historical data from 2018.

Negative factors

  • Historical estimate only

Evidence · text

“Inferred Resource can be estimated at 6,569,000 metric tonnes at a grade of 0.75 g/t of gold”
inferredsilverTonnes: 6569000Grade: 1.18Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Ticker
KTR

Resource Data

Category
inferred
Tonnes
6569000
Grade
1.18
Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2018-10-09T00:00:00.000Z

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Silver grade part of historical inferred resource.

Negative factors

  • Historical estimate only

Evidence · text

“1.18 g/t of silver”
inferredcopperTonnes: 6569000Grade: 0.11Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Ticker
KTR

Resource Data

Category
inferred
Tonnes
6569000
Grade
0.11
Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2018-10-09T00:00:00.000Z

Dates

Event date
2025-08-06T00:00:00.000Z

Reasoning: Copper grade part of historical inferred resource.

Negative factors

  • Historical estimate only

Evidence · text

“0.11% of copper”

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.