Golden Arrow Files Technical Report for San Pietro Copper-Gold-Iron-Cobalt Project, Chile

Original announcement by tmx on

Company
Golden Arrow Resources Corporation
Ticker
GRG
Exchange
TSX
Region
Atacama Region, Chile
Primary commodity
Copper
Secondary commodities
Gold, Cobalt, Iron ore
Document categories
Resource update
Extracted
2026-08-23 15:06:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Golden Arrow Resources has announced its first mineral resource estimate for the San Pietro Copper-Gold-Iron-Cobalt Project in Chile. The maiden Inferred resource totals 492 Mt at 0.41% CuEq, containing significant quantities of copper, gold, cobalt, and iron.

Reasoning: The company has filed its first mineral resource estimate (maiden) for the San Pietro project, totaling 492 Mt at 0.41% CuEq. While the scale is significant, the entire resource is currently in the Inferred category, representing high geological risk.

Positive factors

  • Maiden resource estimate
  • Significant contained metal scale
  • IOCG deposit type
  • NI 43-101 compliant

Negative factors

  • 100% Inferred category
  • Low geological confidence

Facts used in scoring: 12

Classification and evidence

Maiden Resourceneutral

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

Why it applies: The announcement states this is the 'first mineral resource estimate' for the project.

Evidence · text

“supporting disclosure of the first mineral resource estimate ("MRE")”

Inferred Resourcenegative

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

Why it applies: The entire resource is classified as Inferred.

Evidence · text

“Table 1. Inferred Mineral Resource Estimate”

All Inferrednegative

100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: 100% of the reported resource is in the Inferred category.

Evidence · text

“The block model was classed into Inferred Mineral Resources”

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: Qualified Persons Susan Lomas and Dr. Bruce Davis are named.

Evidence · text

“Qualified Persons: Susan Lomas , P.Geo. & Dr. Bruce Davis , PhD, FAusIMM”

Cut-off Disclosedpositive

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

Why it applies: The cut-off grade of 0.30% CuEq is explicitly stated.

Evidence · text

“Reported within US$4.80 /lb Cu Pitshell at 0.30% CuEq Cut-off”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Resource Estimates (12)

inferredcopperTonnes: 83000000Grade: 0.23Grade Unit: %Contained Metal: 415000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
copper
Ticker
GRG

Resource Data

Category
inferred
Tonnes
83000000
Grade
0.23
Grade Unit
%
Contained Metal
415000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Oxide copper component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“0.23”

Context: 83

inferredgoldTonnes: 83000000Grade: 0.06Grade Unit: g/tContained Metal: 150000Contained Unit: kozView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRG

Resource Data

Category
inferred
Tonnes
83000000
Grade
0.06
Grade Unit
g/t
Contained Metal
150000
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Oxide gold component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“0.06”

Context: 83

inferredcobaltTonnes: 83000000Grade: 96Grade Unit: ppmContained Metal: 17000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
GRG

Resource Data

Category
inferred
Tonnes
83000000
Grade
96
Grade Unit
ppm
Contained Metal
17000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Oxide cobalt component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“96”

Context: 83

inferrediron_oreTonnes: 83000000Grade: 14.8Grade Unit: %Contained Metal: 27000000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
iron_ore
Ticker
GRG

Resource Data

Category
inferred
Tonnes
83000000
Grade
14.8
Grade Unit
%
Contained Metal
27000000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Oxide iron component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“14.80”

Context: 83

inferredcopperTonnes: 410000000Grade: 0.23Grade Unit: %Contained Metal: 2055000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
copper
Ticker
GRG

Resource Data

Category
inferred
Tonnes
410000000
Grade
0.23
Grade Unit
%
Contained Metal
2055000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Sulphide copper component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“0.23”

Context: 410

inferredgoldTonnes: 410000000Grade: 0.05Grade Unit: g/tContained Metal: 620000Contained Unit: kozView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRG

Resource Data

Category
inferred
Tonnes
410000000
Grade
0.05
Grade Unit
g/t
Contained Metal
620000
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Sulphide gold component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“0.05”

Context: 410

inferredcobaltTonnes: 410000000Grade: 99Grade Unit: ppmContained Metal: 90000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
GRG

Resource Data

Category
inferred
Tonnes
410000000
Grade
99
Grade Unit
ppm
Contained Metal
90000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Sulphide cobalt component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“99”

Context: 410

inferrediron_oreTonnes: 410000000Grade: 14.35Grade Unit: %Contained Metal: 130000000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
iron_ore
Ticker
GRG

Resource Data

Category
inferred
Tonnes
410000000
Grade
14.35
Grade Unit
%
Contained Metal
130000000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Sulphide iron component of the maiden resource.

Negative factors

  • Inferred category

Evidence · table

“14.35”

Context: 410

inferredcopperTonnes: 492000000Grade: 0.23Grade Unit: %Contained Metal: 2470000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
copper
Ticker
GRG

Resource Data

Category
inferred
Tonnes
492000000
Grade
0.23
Grade Unit
%
Contained Metal
2470000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Total project copper resource (All).

Negative factors

  • Inferred category

Evidence · table

“0.23”

Context: 492

inferredgoldTonnes: 492000000Grade: 0.05Grade Unit: g/tContained Metal: 770000Contained Unit: kozView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRG

Resource Data

Category
inferred
Tonnes
492000000
Grade
0.05
Grade Unit
g/t
Contained Metal
770000
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Total project gold resource (All).

Negative factors

  • Inferred category

Evidence · table

“0.05”

Context: 492

inferredcobaltTonnes: 492000000Grade: 99Grade Unit: ppmContained Metal: 107000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
GRG

Resource Data

Category
inferred
Tonnes
492000000
Grade
99
Grade Unit
ppm
Contained Metal
107000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Total project cobalt resource (All).

Negative factors

  • Inferred category

Evidence · table

“99”

Context: 492

inferrediron_oreTonnes: 492000000Grade: 14.43Grade Unit: %Contained Metal: 157000000000Contained Unit: lbView all details
Link to this fact

Identity

Commodity
iron_ore
Ticker
GRG

Resource Data

Category
inferred
Tonnes
492000000
Grade
14.43
Grade Unit
%
Contained Metal
157000000000
Contained Unit
lb

Review

Needs Review
No
Historical
No

Dates

Event date
2025-04-03T00:00:00.000Z

Reasoning: Total project iron resource (All).

Negative factors

  • Inferred category

Evidence · table

“14.43”

Context: 492

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.