# Decimus Announces 2025 Year End Financial Results And Reserves Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4 Original source: https://orestocks.com/company/WCSB.V/press-releases/5412212368677312 Publisher: orestocks Original announcement: 2026-05-01T03:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T04:00:45.583Z Atlas analysis updated: 2026-10-01T04:00:45.583Z - Company: Decimus Oil Corp. - Ticker: WCSB - Exchange: Unavailable - Region: Southern Alberta - Primary commodity: Oil equivalent - Secondary commodities: Crude oil, Ngl, Natural gas - Document categories: Resource update - Extracted: 2026-10-01 04:00:46 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Decimus Oil Corp. announced its 2025 year-end financial results and reserve evaluation, reporting significant increases in reserve volumes across all categories \(PDP up 29%, TP up 18%, TPP up 14%\). Despite this, the net present value of these reserves, discounted at 10% before tax, saw substantial declines \(PDP down 61%, TP down 18%, TPP down 10%\), primarily due to lower commodity prices and higher fixed costs. The company highlighted successful waterflood activities and cost reduction initiatives contributing to the reserve growth. Reasoning: Decimus Oil Corp. reported strong growth in reserve volumes for 2025, indicating successful operational initiatives. However, this positive volume growth was significantly offset by a substantial decline in the net present value of these reserves, primarily due to challenging commodity prices and increased fixed costs, leading to a mixed but slightly positive overall outlook given the underlying operational improvements. - Positive factor: Significant reserve volume growth across all categories \(PDP +29%, TP +18%, TPP +14%\) - Positive factor: Positive results from waterflood activities contributing to reserve growth and economic life extension - Positive factor: Increased cash flow from operating activities by 230% - Negative factor: Substantial decrease in Net Present Value \(NPV\) of reserves \(PDP -61%, TP -18%, TPP -10%\) - Negative factor: NPV decline attributed to lower commodity prices and higher fixed costs Facts used in scoring: 20 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The document explicitly states that the reserve evaluation adheres to 'National Instrument 51-101 –Standards of Disclosure for Oil and Gas Activities\(NI 51-101\)'. Evidence · text > National Instrument 51-101 –Standards of Disclosure for Oil and Gas Activities\(NI 51-101\) **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 reserve evaluation is based on 'Trimble Engineering Associates Ltd. December 31, 2025, forecast prices and costs', indicating a third-party qualified person's involvement. Evidence · text > Based on the Trimble Engineering Associates Ltd. December 31, 2025, forecast prices and costs. **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: Proved developed producing reserves increased by 29%, Total Proved reserves increased by 18%, and Total proved plus probable reserves increased by 14%. Evidence · table > 29% Context: Proved developed producing **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: Reserve volumes in MBOE increased across all categories: PDP by 29%, TP by 18%, and TPP by 14%. Evidence · table > 29% Context: Proved developed producing **Reserve Update** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document provides an update on the company's year-end reserves evaluation for 2025. Evidence · text > highlights of the Company’s year-end reserves evaluation. **NPV Decline** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: The NPV of reserves discounted at 10% before-tax decreased by 61% for PDP, 18% for Total Proved, and 10% for Total proved plus probable. Evidence · table > \(61%\) Context: Proved developed producing **Commodity Price Impact** Polarity: negative Story-specific tag Definition: No canonical definition is currently available. Why it applies: The decline in NPV was attributed to 'lower WTI AECO commodity prices' and 'lower commodity prices' in the narrative. Evidence · text > lower WTI AECO commodity prices ## Extracted facts Stored fact records: 20. Some facts used in scoring do not have a stored record. ## Resource Estimates (20) ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-0) Western Canadian Sedimentary Basin · crude oil #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: crude oil - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 122.6 - Contained Unit: mmbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This is a substantial volume of proved developed producing crude oil reserves, contributing positively to the company's asset base. - Positive factor: Represents a significant portion of the company's proved developed producing reserves Evidence · table > 122.6 Context: Proved developed producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-1) Western Canadian Sedimentary Basin · ngl #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: ngl - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 1.6 - Contained Unit: mbbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This represents a smaller but still positive contribution of NGLs to the proved developed producing reserve base. - Positive factor: Adds to the company's proved developed producing reserves portfolio Evidence · table > 1.6 Context: Proved developed producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-2) Western Canadian Sedimentary Basin · natural gas #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: natural gas - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 1614.1 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This is a substantial volume of proved developed producing natural gas reserves, contributing positively to the company's asset base. - Positive factor: Significant volume of proved developed producing natural gas reserves Evidence · table > 1,614.1 Context: Proved developed producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-3) Western Canadian Sedimentary Basin · oil equivalent #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 393.2 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2025-12-31 - Prior Contained Metal: 304.9 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: The 29% increase in proved developed producing reserves \(MBOE\) is a strong positive signal, demonstrating successful conversion and additions to the most confident reserve category. - Positive factor: Significant increase in proved developed producing reserves \(29%\) - Positive factor: Indicates successful operational activities and reserve additions Evidence · table > 393.2 Context: Proved developed producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **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: 393.2 against 304.9 previously **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-4) Western Canadian Sedimentary Basin · crude oil #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: crude oil - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 39.7 - Contained Unit: mmbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This represents a solid volume of proved developed non-producing crude oil reserves, indicating future production potential. - Positive factor: Adds to the company's proved developed non-producing crude oil reserves Evidence · table > 39.7 Context: Proved developed non-producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-5) Western Canadian Sedimentary Basin · ngl #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: ngl - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 0.9 - Contained Unit: mbbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: A small but positive contribution of NGLs to the proved developed non-producing reserve base. - Positive factor: Contributes to the proved developed non-producing NGL reserves Evidence · table > 0.9 Context: Proved developed non-producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-6) Western Canadian Sedimentary Basin · natural gas #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: natural gas - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 2043.8 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This represents a substantial volume of proved developed non-producing natural gas reserves, indicating future production potential. - Positive factor: Significant volume of proved developed non-producing natural gas reserves Evidence · table > 2,043.8 Context: Proved developed non-producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-7) Western Canadian Sedimentary Basin · oil equivalent #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 381.2 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This volume of proved developed non-producing reserves contributes to the company's future production profile. - Positive factor: Adds to the company's proved developed non-producing reserves, indicating future production potential Evidence · table > 381.2 Context: Proved developed non-producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-8) Western Canadian Sedimentary Basin · crude oil #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: crude oil - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 162.2 - Contained Unit: mmbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This is a significant volume of total proved crude oil reserves, underpinning the company's long-term asset value. - Positive factor: Represents a substantial total proved crude oil reserve base Evidence · table > 162.2 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-9) Western Canadian Sedimentary Basin · ngl #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: ngl - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 2.5 - Contained Unit: mbbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: A modest but positive contribution of NGLs to the total proved reserve base. - Positive factor: Contributes to the total proved NGL reserves Evidence · table > 2.5 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-10) Western Canadian Sedimentary Basin · natural gas #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: natural gas - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 3658 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This is a significant volume of total proved natural gas reserves, underpinning the company's long-term asset value. - Positive factor: Represents a substantial total proved natural gas reserve base Evidence · table > 3,658.0 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-11) Western Canadian Sedimentary Basin · oil equivalent #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:df2a78c65d7247dce4c9 #### Resource Data - Category: proven - Contained Metal: 1155.7 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2025-12-31 - Prior Contained Metal: 655 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: The 18% increase in total proved reserves \(MBOE\) is a strong positive, indicating successful reserve additions and upgrades to a high confidence category. - Positive factor: Significant increase in total proved reserves \(18%\) - Positive factor: Demonstrates successful reserve additions and upgrades Evidence · table > 1,155.7 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **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: 1155.7 against 655 previously **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-12) Western Canadian Sedimentary Basin · crude oil #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: crude oil - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 174 - Contained Unit: mmbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This represents a substantial volume of probable crude oil reserves, contributing to the company's long-term resource base. - Positive factor: Adds to the company's probable crude oil reserves, indicating future potential Evidence · table > 174 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-13) Western Canadian Sedimentary Basin · ngl #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: ngl - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 0.9 - Contained Unit: mbbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: A small but positive contribution of NGLs to the probable reserve base. - Positive factor: Contributes to the probable NGL reserves Evidence · table > 0.9 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-14) Western Canadian Sedimentary Basin · natural gas #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: natural gas - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 931.5 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This represents a solid volume of probable natural gas reserves, contributing to the company's long-term resource base. - Positive factor: Adds to the company's probable natural gas reserves, indicating future potential Evidence · table > 931.5 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-15) Western Canadian Sedimentary Basin · oil equivalent #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 1930.1 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This represents a substantial volume of probable reserves, contributing to the company's long-term resource base. - Positive factor: Significant volume of probable reserves, indicating future potential Evidence · table > 1,930.1 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-16) Western Canadian Sedimentary Basin · crude oil #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: crude oil - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 336.2 - Contained Unit: mmbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This is a significant volume of total proved plus probable crude oil reserves, underpinning the company's long-term asset value. - Positive factor: Represents a substantial total proved plus probable crude oil reserve base Evidence · table > 336.2 Context: Total Proved plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-17) Western Canadian Sedimentary Basin · ngl #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: ngl - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 3.4 - Contained Unit: mbbls #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: A modest but positive contribution of NGLs to the total proved plus probable reserve base. - Positive factor: Contributes to the total proved plus probable NGL reserves Evidence · table > 3.4 Context: Total Proved plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-18) Western Canadian Sedimentary Basin · natural gas #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: natural gas - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 4589.5 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2025-12-31 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: This is a significant volume of total proved plus probable natural gas reserves, underpinning the company's long-term asset value. - Positive factor: Represents a substantial total proved plus probable natural gas reserve base Evidence · table > 4,589.5 Context: Total Proved plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/decimus-announces-2025-year-end-financial-results-and-reserves--6dcc7c5c-3175-47bf-8650-fbe8d8c75fe4#fact-resource-facts-19) Western Canadian Sedimentary Basin · oil equivalent #### Identity - Project: Western Canadian Sedimentary Basin - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Southern Alberta - Ticker: WCSB #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Trimble Engineering Associates Ltd. - Resource group id: resource:05020166d4103f91371a #### Resource Data - Category: probable - Contained Metal: 3085.8 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2025-12-31 - Prior Contained Metal: 966.7 #### Location - Loc. Confidence: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-01T00:00:00.000Z Reasoning: The 14% increase in total proved plus probable reserves \(MBOE\) is a positive indicator of overall reserve growth and future potential. - Positive factor: Significant increase in total proved plus probable reserves \(14%\) - Positive factor: Demonstrates overall growth in the company's reserve base Evidence · table > 3,085.8 Context: Total Proved plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was 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 **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: 3085.8 against 966.7 previously **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## 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.