Globex Mining: Albright Metals Releases Mineral Resource Estimate update at the Vail Road (Devils Pike) Gold Property

Original announcement by jmn on

Company
Globex Mining Enterprises Inc.
Ticker
GMX
Exchange
TSX
Region
New Brunswick
Primary commodity
Gold
Secondary commodities
Copper
Document categories
Resource update
Extracted
2026-09-29 22:22:59 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Albright Metals has released an updated Mineral Resource Estimate for the Vail Road Gold Deposit in New Brunswick. The 2026 JORC-compliant update reports a global resource of 188,000 tonnes at 9.0 g/t gold, including an Indicated portion of 33,500 tonnes at 20.9 g/t gold.

Reasoning: The update establishes an Indicated resource component and incorporates significant new drilling, though the total tonnage is influenced by a lower cut-off grade compared to the 2011 estimate.

Positive factors

  • Category upgrade to Indicated
  • High grade Indicated portion
  • JORC compliant
  • QP signed

Negative factors

  • Cut-off grade lowered

Facts used in scoring: 30

Classification and evidence

Indicated Resourcepositive

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

Why it applies: The update includes an initial Indicated Category portion of 33,500 t.

Evidence · text

“including an initial Indicated Category portion”

Inferred Resourcenegative

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

Why it applies: A significant portion of the resource is in the Inferred category.

Evidence · table

“Inferred”

Context: Subtotal

QP/CP Signedpositive

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: Jack Stoch, P.Geo., prepared the information in his capacity as a Qualified Person.

Evidence · text

“Jack Stoch, P.Geo., ... in his capacity as a Qualified Person (Q.P.)”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The resource estimate is reported under the Australian JORC 2012 Code.

Evidence · text

“under Australian JORC 2012 Code”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The cut-off grade is disclosed as 2 g/t Au.

Evidence · text

“at a 2.0 g/t Au cut-off grade”

Extracted facts

Stored fact records: 30. Some facts used in scoring do not have a stored record.

Resource Estimates (30)

indicatedVail Road (Devils Pike) Gold Property · goldTonnes: 11100000Grade: 31.1Grade Unit: g/tContained Metal: 11100Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:4eeb9aaa5a98017eba91
Deposit or zone
Main

Resource Data

Category
indicated
Tonnes
11100000
Grade
31.1
Grade Unit
g/t
Contained Metal
11100
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Exceptional grade for an indicated resource in this deposit type.

Positive factors

  • High grade

Evidence · table

“31.1”

Context: 11.1

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedVail Road (Devils Pike) Gold Property · copperTonnes: 11100000Grade: 4010Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:4eeb9aaa5a98017eba91
Deposit or zone
Main

Resource Data

Category
indicated
Tonnes
11100000
Grade
4010
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“4,010”

Context: 11.1

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedVail Road (Devils Pike) Gold Property · goldTonnes: 10400000Grade: 19.5Grade Unit: g/tContained Metal: 6600Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:d59b4632c6e7e40c2aa2
Deposit or zone
Middle

Resource Data

Category
indicated
Tonnes
10400000
Grade
19.5
Grade Unit
g/t
Contained Metal
6600
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High grade indicated resource.

Positive factors

  • Strong grade

Evidence · table

“19.5”

Context: 10.4

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedVail Road (Devils Pike) Gold Property · copperTonnes: 10400000Grade: 3338Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:d59b4632c6e7e40c2aa2
Deposit or zone
Middle

Resource Data

Category
indicated
Tonnes
10400000
Grade
3338
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“3,338”

Context: 10.4

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedVail Road (Devils Pike) Gold Property · goldTonnes: 11900000Grade: 12.7Grade Unit: g/tContained Metal: 4900Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:80c53fa4094447ce781a
Deposit or zone
Parallel

Resource Data

Category
indicated
Tonnes
11900000
Grade
12.7
Grade Unit
g/t
Contained Metal
4900
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Solid indicated grade.

Evidence · table

“12.7”

Context: 11.9

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedVail Road (Devils Pike) Gold Property · copperTonnes: 11900000Grade: 2067Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:80c53fa4094447ce781a
Deposit or zone
Parallel

Resource Data

Category
indicated
Tonnes
11900000
Grade
2067
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“2,067”

Context: 11.9

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredVail Road (Devils Pike) Gold Property · goldTonnes: 42200000Grade: 4Grade Unit: g/tContained Metal: 5400Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:28af3a59fc1a6304afb5
Deposit or zone
Main

Resource Data

Category
inferred
Tonnes
42200000
Grade
4
Grade Unit
g/t
Contained Metal
5400
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Inferred resource with moderate grade.

Negative factors

  • Inferred category

Evidence · table

“4.0”

Context: 42.2

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredVail Road (Devils Pike) Gold Property · copperTonnes: 42200000Grade: 1881Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:28af3a59fc1a6304afb5
Deposit or zone
Main

Resource Data

Category
inferred
Tonnes
42200000
Grade
1881
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“1,881”

Context: 42.2

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredVail Road (Devils Pike) Gold Property · goldTonnes: 6800000Grade: 10Grade Unit: g/tContained Metal: 2200Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:9d9a540d2b40c3c12c17
Deposit or zone
Middle

Resource Data

Category
inferred
Tonnes
6800000
Grade
10
Grade Unit
g/t
Contained Metal
2200
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: High grade but in the Inferred category.

Positive factors

  • High grade

Negative factors

  • Inferred category

Evidence · table

“10.0”

Context: 6.8

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredVail Road (Devils Pike) Gold Property · copperTonnes: 6800000Grade: 1797Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:9d9a540d2b40c3c12c17
Deposit or zone
Middle

Resource Data

Category
inferred
Tonnes
6800000
Grade
1797
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“1,797”

Context: 6.8

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredVail Road (Devils Pike) Gold Property · goldTonnes: 105600000Grade: 7.1Grade Unit: g/tContained Metal: 24100Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:951a46afe393c74585be
Deposit or zone
Parallel

Resource Data

Category
inferred
Tonnes
105600000
Grade
7.1
Grade Unit
g/t
Contained Metal
24100
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Large tonnage inferred resource.

Negative factors

  • Inferred category

Evidence · table

“7.1”

Context: 105.6

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

inferredVail Road (Devils Pike) Gold Property · copperTonnes: 105600000Grade: 1395Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:951a46afe393c74585be
Deposit or zone
Parallel

Resource Data

Category
inferred
Tonnes
105600000
Grade
1395
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“1,395”

Context: 105.6

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedVail Road (Devils Pike) Gold Property · goldTonnes: 188000000Grade: 9Grade Unit: g/tContained Metal: 54200Contained Unit: 000s ozView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
gold
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:05c8a2809ed9e38b294c
Deposit or zone
TOTAL

Resource Data

Category
indicated
Tonnes
188000000
Grade
9
Grade Unit
g/t
Contained Metal
54200
Contained Unit
000s oz
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Total resource estimate for the project.

Positive factors

  • Significant global resource

Evidence · table

“9.0”

Context: 188.0

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

indicatedVail Road (Devils Pike) Gold Property · copperTonnes: 188000000Grade: 1823Grade Unit: ppmView all details
Link to this fact

Identity

Project
Vail Road (Devils Pike) Gold Property
Commodity
copper
Region
canada_nb
Reported Region
New Brunswick
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Jack Stoch
Resource group id
resource:05c8a2809ed9e38b294c
Deposit or zone
TOTAL

Resource Data

Category
indicated
Tonnes
188000000
Grade
1823
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t Au

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Trace copper reported as ppm.

Evidence · table

“1,823”

Context: 188.0

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

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

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · goldTonnes: 11100Grade: 31.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:a2d7d504355fe2735780
Deposit or zone
Main

Resource Data

Category
indicated
Tonnes
11100
Grade
31.1
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“31.1”

Context: 11.1

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · copperTonnes: 11100Grade: 4010Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:a2d7d504355fe2735780
Deposit or zone
Main

Resource Data

Category
indicated
Tonnes
11100
Grade
4010
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“4,010”

Context: 11.1

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · goldTonnes: 10400Grade: 19.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:457fffa91d1dd3cd3f95
Deposit or zone
Middle

Resource Data

Category
indicated
Tonnes
10400
Grade
19.5
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“19.5”

Context: 10.4

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · copperTonnes: 10400Grade: 3338Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:457fffa91d1dd3cd3f95
Deposit or zone
Middle

Resource Data

Category
indicated
Tonnes
10400
Grade
3338
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“3,338”

Context: 10.4

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · goldTonnes: 11900Grade: 12.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:e0b1767d21ba564bb4d5
Deposit or zone
Parallel

Resource Data

Category
indicated
Tonnes
11900
Grade
12.7
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“12.7”

Context: 11.9

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · copperTonnes: 11900Grade: 2067Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:e0b1767d21ba564bb4d5
Deposit or zone
Parallel

Resource Data

Category
indicated
Tonnes
11900
Grade
2067
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“2,067”

Context: 11.9

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · goldTonnes: 33500Grade: 20.9Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:2f44c2704d5ffeffceee
Deposit or zone
Subtotal

Resource Data

Category
indicated
Tonnes
33500
Grade
20.9
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“20.9”

Context: 33.5

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

indicatedTable 1 - Vail Road · copperTonnes: 33500Grade: 3107Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:2f44c2704d5ffeffceee
Deposit or zone
Subtotal

Resource Data

Category
indicated
Tonnes
33500
Grade
3107
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“3,107”

Context: 33.5

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · goldTonnes: 42200Grade: 4Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:c028c982a82c64fc2c3f
Deposit or zone
Main

Resource Data

Category
inferred
Tonnes
42200
Grade
4
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“4.0”

Context: 42.2

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · copperTonnes: 42200Grade: 1881Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:c028c982a82c64fc2c3f
Deposit or zone
Main

Resource Data

Category
inferred
Tonnes
42200
Grade
1881
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1,881”

Context: 42.2

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · goldTonnes: 6800Grade: 10Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:85dc06cb286e5b896a50
Deposit or zone
Middle

Resource Data

Category
inferred
Tonnes
6800
Grade
10
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“10.0”

Context: 6.8

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · copperTonnes: 6800Grade: 1797Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:85dc06cb286e5b896a50
Deposit or zone
Middle

Resource Data

Category
inferred
Tonnes
6800
Grade
1797
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1,797”

Context: 6.8

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · goldTonnes: 105600Grade: 7.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:6d49c8e092fb1aeb0bc7
Deposit or zone
Parallel

Resource Data

Category
inferred
Tonnes
105600
Grade
7.1
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“7.1”

Context: 105.6

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · copperTonnes: 105600Grade: 1395Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:6d49c8e092fb1aeb0bc7
Deposit or zone
Parallel

Resource Data

Category
inferred
Tonnes
105600
Grade
1395
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1,395”

Context: 105.6

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · goldTonnes: 154600Grade: 6.4Grade Unit: g/tView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
gold
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:2531c43758250b8007a0
Deposit or zone
Subtotal

Resource Data

Category
inferred
Tonnes
154600
Grade
6.4
Grade Unit
g/t
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“6.4”

Context: 154.6

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

inferredTable 1 - Vail Road · copperTonnes: 154600Grade: 1545Grade Unit: ppmView all details
Link to this fact

Identity

Project
Table 1 - Vail Road
Commodity
copper
Ticker
GMX

Resource scope

Estimate type
resource
Reporting standards
ni_43_101, jorc
Resource group id
resource:2531c43758250b8007a0
Deposit or zone
Subtotal

Resource Data

Category
inferred
Tonnes
154600
Grade
1545
Grade Unit
ppm
Cutoff Grade
2
Cutoff Unit
g/t

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

Negative factors

  • Fact expanded from resource table columns (model omitted this commodity).

Evidence · table

“1,545”

Context: 154.6

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Disclosedpositive

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

Why it applies: cutoff_grade is stated

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

NI 43-101 Compliantpositive

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

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

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.