# Copper Giant Expands Mocoa to 1.6 Billion Tonnes Inferred and Upgrades 290 Million Tonnes to Indicated

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7

Original source: https://www.newswire.ca/news-releases/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-million-tonnes-to-indicated-837695640.html

Publisher: cnw

Original announcement: 2026-10-14T11:31:33.211Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T11:55:53.562Z

Atlas analysis updated: 2026-10-14T11:55:53.562Z

- Company: Copper Giant Resources Corp.

- Ticker: CGNT

- Exchange: Unavailable

- Region: Putumayo, Colombia

- Primary commodity: Copper

- Secondary commodities: Molybdenum

- Document categories: Resource update

- Extracted: 2026-10-14 11:55:54 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Copper Giant Resources Corp. announced an updated Mineral Resource Estimate for its Mocoa copper-molybdenum porphyry project, establishing a maiden Indicated Mineral Resource of 290 million tonnes and expanding the Inferred Mineral Resource to 1.6 billion tonnes. This update, compliant with NI 43-101, increases total contained copper by approximately 50% since November 2025 and will form the basis for a Preliminary Economic Assessment to be filed in Q4 2026. The estimate includes a first-time reporting of resources below the conceptual pit shell, adding 120 million tonnes of Inferred resources.

Reasoning: Copper Giant's Mocoa project achieved its first Indicated Mineral Resource of 290 million tonnes and significantly expanded its Inferred Mineral Resource to 1.6 billion tonnes, resulting in a 50% increase in total contained copper. This NI 43-101 compliant update will support an upcoming Preliminary Economic Assessment, although the Inferred grade at a common cut-off shows a decline and some growth is attributed to a lower reporting cut-off.

- Positive factor: Category Upgrade

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Positive factor: QP/CP Signed

- Positive factor: NI 43-101 Compliant

- Positive factor: PEA-Supporting

- Positive factor: First Mineral Resource below pit shell reported

- Negative factor: Grade Decline

- Negative factor: Dilutive Growth

- Negative factor: Cut-off Lowered

Facts used in scoring: 42

## Classification and evidence

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The updated MRE classifies Indicated Mineral Resources at Mocoa for the first time, upgrading 290 million tonnes to this higher confidence category.

Evidence · text

> classifies Indicated Mineral Resources at Mocoa for the first time, expands the Inferred Mineral Resource to 1.60 billion tonnes \("Bt"\) and increases total contained copper by approximately 50% since last reported in November 2025.

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: The Inferred Mineral Resource has expanded to 1.60 billion tonnes, representing a significant increase in overall tonnage.

Evidence · text

> expands the Inferred Mineral Resource to 1.60 billion tonnes \("Bt"\)

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Total contained copper increased by approximately 50% since November 2025, to 9.36 billion pounds Inferred and 2.13 billion pounds Indicated.

Evidence · text

> Total contained copper up approximately 50% since November 2025, to 9.36 billion pounds Inferred and 2.13 billion pounds Indicated

**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: The MRE was prepared by APEX Geoscience Ltd. under NI 43-101, and Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics of APEX, is an independent Qualified Person responsible for the estimate.

Evidence · text

> Prepared by APEX Geoscience Ltd. \("APEX"\) under National Instrument 43-101 – Standards of Disclosure for Mineral Projects \("NI 43-101"\), effective September 24, 2026, the MRE comprises Indicated Mineral Resources

**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 was prepared in accordance with National Instrument 43-101 standards.

Evidence · text

> Prepared by APEX Geoscience Ltd. \("APEX"\) under National Instrument 43-101 – Standards of Disclosure for Mineral Projects \("NI 43-101"\)

**PEA-Supporting**

Polarity: neutral

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

Why it applies: The updated MRE will be used as the basis for a Preliminary Economic Assessment \(PEA\) to be filed in Q4 2026.

Evidence · text

> The Preliminary Economic Assessment \("PEA"\), the first assessment of Mocoa's development case, is built on this MRE and will be filed during the fourth quarter of 2026.

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The document explicitly states that this MRE classifies Indicated Mineral Resources at Mocoa for the first time.

Evidence · text

> classifies Indicated Mineral Resources at Mocoa for the first time

**Resource Update**

Polarity: neutral

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

Why it applies: The announcement presents the results of an updated Mineral Resource Estimate for the Mocoa project.

Evidence · text

> is pleased to announce the results of an updated Mineral Resource Estimate \("MRE"\) for its 100%-owned Mocoa copper-molybdenum porphyry project

**Inferred Resource**

Polarity: negative

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

Why it applies: A significant portion of the resource, 1.60 billion tonnes, is reported in the Inferred category, which is a speculative category with lower geological confidence.

Evidence · text

> Inferred Mineral Resources of 1.60 billion tonnes at 0.40% CuEq\*

**Grade Decline**

Polarity: negative

Definition: Average grade dropped &gt;5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: At the common 0.25% CuEq\* cut-off, the Inferred grade is 0.45% CuEq\* in the 2026 estimate compared to 0.51% CuEq\* in the 2025 estimate.

Evidence · text

> The Inferred grade at that cut-off is 0.45% CuEq\* against 0.51% CuEq\* in 2025.

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: While tonnage increased, the Inferred grade and contained copper at a common cut-off declined, and the 2026 estimate is reported on a diluted basis compared to the undiluted 2025 estimate.

Evidence · text

> The 2026 estimate is reported on a diluted basis, from a 15 metre block model and within a larger conceptual pit shell than the 2025 estimate... The 2025 Mineral Resource Estimate was reported on an undiluted basis.

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: The primary reporting cut-off for the 2026 estimate within the conceptual pit shell is 0.15% CuEq\*, which is lower than the 0.25% CuEq\* used for comparison with the prior estimate, contributing to tonnage increase.

Evidence · text

> Mineral Resources within the conceptual pit shell are reported at a 0.15% CuEq\* cut-off

## Extracted facts

Stored fact records: 42. Some facts used in scoring do not have a stored record.

## Resource Estimates (42)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-0)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:410d13e03aae11870b22
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 290000000
- Grade: 0.33
- Grade Unit: %
- Contained Metal: 2130000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.54
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.15% CuEq\* cut-off is the primary Indicated resource, representing a significant de-risking and contained copper increase.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

- Positive factor: Contained Metal Growth

Evidence · table

> 0.33

Context: 0.29

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-1)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:410d13e03aae11870b22
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 290000000
- Grade: 0.038
- Grade Unit: %
- Contained Metal: 240000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.54
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.15% CuEq\* cut-off adds confidence to this byproduct metal, contributing to the overall project economics.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.038

Context: 0.29

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-2)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:165efc943406e23d417e
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1480000000
- Grade: 0.26
- Grade Unit: %
- Contained Metal: 8460000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.15% CuEq\* cut-off shows significant tonnage and contained copper growth, expanding the overall scale of the project, though it remains in the lower confidence category.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.26

Context: 1.48

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-3)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:165efc943406e23d417e
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1480000000
- Grade: 0.025
- Grade Unit: %
- Contained Metal: 820000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.15% CuEq\* cut-off contributes to the overall project scale, providing additional byproduct potential, but remains in the lower confidence category.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.025

Context: 1.48

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-4)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:1ef77fa51776e39a7db3
- Deposit or zone: Mineral Resources Below the Pit Shell
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 120000000
- Grade: 0.34
- Grade Unit: %
- Contained Metal: 900000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.48
- Metal Eq. Unit: % CuEq\*
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This is the first reporting of Inferred Mineral Resources below the conceptual pit shell, indicating potential for underground mining and adding to the overall resource base.

- Positive factor: First Mineral Resource below pit shell reported

- Negative factor: Inferred Resource

Evidence · table

> 0.34

Context: 0.12

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-5)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:1ef77fa51776e39a7db3
- Deposit or zone: Mineral Resources Below the Pit Shell
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 120000000
- Grade: 0.025
- Grade Unit: %
- Contained Metal: 70000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.48
- Metal Eq. Unit: % CuEq\*
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: The first reporting of Inferred Mineral Resources for molybdenum below the conceptual pit shell adds to the overall resource base and potential for underground extraction.

- Positive factor: First Mineral Resource below pit shell reported

- Negative factor: Inferred Resource

Evidence · table

> 0.025

Context: 0.12

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-6)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:e6c23f0f73b5798dc8e6
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1600000000
- Grade: 0.27
- Grade Unit: %
- Contained Metal: 9360000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq\*
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: The total Inferred Mineral Resource for copper significantly expands the project's overall scale, with a substantial increase in contained metal, though some growth is due to a lower reporting cut-off.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

- Negative factor: Cut-off Lowered

Evidence · table

> 0.27

Context: 1.60

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-7)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:e6c23f0f73b5798dc8e6
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1600000000
- Grade: 0.025
- Grade Unit: %
- Contained Metal: 890000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq\*
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: The total Inferred Mineral Resource for molybdenum shows significant tonnage growth, adding to the project's byproduct potential, but is subject to the lower reporting cut-off.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

- Negative factor: Cut-off Lowered

Evidence · table

> 0.025

Context: 1.60

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-8)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:d4b694083c77e4103652
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 260000000
- Grade: 0.36
- Grade Unit: %
- Contained Metal: 2040000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.25% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.36

Context: 0.26

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-9)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:d4b694083c77e4103652
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 260000000
- Grade: 0.041
- Grade Unit: %
- Contained Metal: 230000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.25% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.041

Context: 0.26

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-10)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:5222a96a292794cd3914
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1130000000
- Grade: 0.29
- Grade Unit: %
- Contained Metal: 7290000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.45
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: At a 0.25% CuEq\* cut-off, the Inferred copper tonnage shows a slight increase, but the grade and contained metal have declined compared to the prior estimate, indicating dilutive growth.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

- Negative factor: Grade Decline

- Negative factor: Dilutive Growth

Evidence · table

> 0.29

Context: 1.13

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-11)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:5222a96a292794cd3914
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1130000000
- Grade: 0.03
- Grade Unit: %
- Contained Metal: 760000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.45
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: At a 0.25% CuEq\* cut-off, the Inferred molybdenum tonnage shows a slight increase, but the grade has declined compared to the prior estimate, indicating dilutive growth.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

- Negative factor: Grade Decline

- Negative factor: Dilutive Growth

Evidence · table

> 0.030

Context: 1.13

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-12)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:b162c8a9c282f78874ae
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 310000000
- Grade: 0.32
- Grade Unit: %
- Contained Metal: 2160000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.51
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a lower cut-off demonstrates the sensitivity of the resource to economic parameters, showing increased tonnage and contained copper.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.32

Context: 0.31

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-13)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:b162c8a9c282f78874ae
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 310000000
- Grade: 0.036
- Grade Unit: %
- Contained Metal: 240000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.51
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a lower cut-off demonstrates the sensitivity of the resource to economic parameters, showing increased tonnage and contained molybdenum.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.036

Context: 0.31

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-14)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:5e2e653c08acf1b64379
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 270000000
- Grade: 0.35
- Grade Unit: %
- Contained Metal: 2090000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.56
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.2% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.35

Context: 0.27

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-15)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:5e2e653c08acf1b64379
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 270000000
- Grade: 0.039
- Grade Unit: %
- Contained Metal: 230000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.56
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.2% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.039

Context: 0.27

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-16)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:f90c3d5dd3ebf1769638
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 240000000
- Grade: 0.37
- Grade Unit: %
- Contained Metal: 1960000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.3% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.37

Context: 0.24

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-17)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:f90c3d5dd3ebf1769638
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 240000000
- Grade: 0.042
- Grade Unit: %
- Contained Metal: 220000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.6
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.3% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.042

Context: 0.24

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-18)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:ec08ad85455b25f7e4a2
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 220000000
- Grade: 0.39
- Grade Unit: %
- Contained Metal: 1850000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.63
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.35% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.39

Context: 0.22

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-19)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:ec08ad85455b25f7e4a2
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 220000000
- Grade: 0.045
- Grade Unit: %
- Contained Metal: 220000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.63
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.35% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.045

Context: 0.22

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-20)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:4d4c8eea74af732de988
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 190000000
- Grade: 0.41
- Grade Unit: %
- Contained Metal: 1700000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.66
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.4% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.41

Context: 0.19

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-21)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:4d4c8eea74af732de988
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 190000000
- Grade: 0.048
- Grade Unit: %
- Contained Metal: 200000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.66
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.4% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.048

Context: 0.19

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-22)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:a02bda1accf661ae7c92
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 0.43
- Grade Unit: %
- Contained Metal: 1540000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.45% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.43

Context: 0.16

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-23)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:a02bda1accf661ae7c92
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 160000000
- Grade: 0.051
- Grade Unit: %
- Contained Metal: 180000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.7
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.45% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.051

Context: 0.16

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-24)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:6d3603c7d24211898d66
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 140000000
- Grade: 0.45
- Grade Unit: %
- Contained Metal: 1380000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.74
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource at a 0.5% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.45

Context: 0.14

#### 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-25)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:6d3603c7d24211898d66
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 140000000
- Grade: 0.055
- Grade Unit: %
- Contained Metal: 170000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.74
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Indicated resource for molybdenum at a 0.5% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions.

- Positive factor: Category Upgrade

- Positive factor: Maiden Resource

Evidence · table

> 0.055

Context: 0.14

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-26)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:844640e6dd01f4f882bd
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1650000000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 8830000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.37
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a lower 0.1% CuEq\* cut-off demonstrates the potential for significant tonnage and contained copper, though at a lower confidence level.

- Positive factor: Tonnage Growth

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.24

Context: 1.65

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-27)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:844640e6dd01f4f882bd
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1650000000
- Grade: 0.023
- Grade Unit: %
- Contained Metal: 840000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.37
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a lower 0.1% CuEq\* cut-off demonstrates the potential for significant tonnage and contained molybdenum, though at a lower confidence level.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.023

Context: 1.65

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-28)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:5143dbcf7fea25b8239d
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1300000000
- Grade: 0.28
- Grade Unit: %
- Contained Metal: 7920000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.43
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.2% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.28

Context: 1.30

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-29)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:5143dbcf7fea25b8239d
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1300000000
- Grade: 0.028
- Grade Unit: %
- Contained Metal: 790000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.43
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.2% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Positive factor: Tonnage Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.028

Context: 1.30

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-30)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:05e488115f835679d167
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 980000000
- Grade: 0.31
- Grade Unit: %
- Contained Metal: 6590000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.48
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.3% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.31

Context: 0.98

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-31)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:05e488115f835679d167
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 980000000
- Grade: 0.033
- Grade Unit: %
- Contained Metal: 710000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.48
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.3% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.033

Context: 0.98

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-32)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:ded2853f2fb60761388b
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 800000000
- Grade: 0.32
- Grade Unit: %
- Contained Metal: 5730000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.52
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.35% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.32

Context: 0.80

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-33)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:ded2853f2fb60761388b
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 800000000
- Grade: 0.036
- Grade Unit: %
- Contained Metal: 640000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.52
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.35% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.036

Context: 0.80

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-34)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:4759fd49880fbebb28af
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 620000000
- Grade: 0.34
- Grade Unit: %
- Contained Metal: 4730000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.56
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.4% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.34

Context: 0.62

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-35)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:4759fd49880fbebb28af
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 620000000
- Grade: 0.04
- Grade Unit: %
- Contained Metal: 550000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.56
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.4% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.040

Context: 0.62

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-36)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:38c5302b5c54516ae8c2
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 460000000
- Grade: 0.36
- Grade Unit: %
- Contained Metal: 3740000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.61
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.45% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.36

Context: 0.46

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-37)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:38c5302b5c54516ae8c2
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 460000000
- Grade: 0.045
- Grade Unit: %
- Contained Metal: 460000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.61
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.45% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.045

Context: 0.46

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-38)

Mocoa · copper

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:73b6d08d7496f7ec3b55
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 340000000
- Grade: 0.38
- Grade Unit: %
- Contained Metal: 2910000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.65
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource at a 0.5% CuEq\* cut-off shows robust contained copper, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.38

Context: 0.34

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-39)

Mocoa · molybdenum

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:73b6d08d7496f7ec3b55
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 340000000
- Grade: 0.05
- Grade Unit: %
- Contained Metal: 380000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2026-09-24

#### Metal Equivalent

- Metal Eq. Grade: 0.65
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This Inferred resource for molybdenum at a 0.5% CuEq\* cut-off shows robust contained molybdenum, demonstrating the resource's viability at varying economic conditions, though at a lower confidence level.

- Negative factor: Inferred Resource

Evidence · table

> 0.050

Context: 0.34

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-40)

Mocoa · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Mocoa
- Commodity: copper
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:63d7b31cdb44fbd47471
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1120000000
- Grade: 0.31
- Grade Unit: %
- Contained Metal: 7600000000
- Contained Unit: lbs
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2025-11-01

#### Metal Equivalent

- Metal Eq. Grade: 0.51
- Metal Eq. Unit: % CuEq\*
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-11-01T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate from November 2025, provided for comparison with the new estimate. It is not new information.

- Negative factor: Stale Estimate

- Negative factor: Inferred Resource

Evidence · table

> 0.31

Context: 1.12

#### 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/copper-giant-expands-mocoa-to-1-6-billion-tonnes-inferred-and-upgrades-290-milli--e5ae5d8c-a928-496c-b4dd-e318d9f9e5c7#fact-resource-facts-41)

Mocoa · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Mocoa
- Commodity: molybdenum
- Region: colombia
- Reported Region: Putumayo, Colombia
- Ticker: CGNT

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-24T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Warren Black, Edwin Naranjo Sierra
- Resource group id: resource:63d7b31cdb44fbd47471
- Mining method: underground
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1120000000
- Grade: 0.039
- Grade Unit: %
- Cutoff Grade: 0.15
- Cutoff Unit: % CuEq

#### Prior Estimate

- Resource Date: 2025-11-01

#### Metal Equivalent

- Metal Eq. Grade: 0.51
- Metal Eq. Unit: % CuEq\*
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ActLabs

#### Location

- CRS: UTM Coordinate system relative to the World Geodetic System 1984 ensemble / UTM zone 18N
- EPSG: 32618

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-11-01T00:00:00.000Z

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for molybdenum from November 2025, provided for comparison with the new estimate. It is not new information.

- Negative factor: Stale Estimate

- Negative factor: Inferred Resource

Evidence · table

> 0.039

Context: 1.12

#### 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

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**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

## 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.
