Golden Cariboo Announces Inaugural NI 43-101 Mineral Resource Estimate for the Quesnelle Gold Quartz Mine Property, British Columbia
Original announcement by orestocks on
- Company
- Golden Cariboo Resources Ltd.
- Ticker
- GCC.CN
- Exchange
- Unavailable
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update
- Extracted
- 2026-09-30 13:49:15 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Golden Cariboo Resources Ltd. announced an inaugural NI 43-101 compliant Mineral Resource Estimate for its Quesnelle Gold Quartz Mine Property in British Columbia. The MRE outlines 10 million tonnes at 0.56 g/t AuEq for 178,000 ounces of Indicated gold equivalent, and 71 million tonnes at 0.44 g/t AuEq for 1.0 million ounces of Inferred gold equivalent. The estimate, prepared by an independent Qualified Person, establishes a significant maiden resource for the project, which remains open in all directions, but is predominantly in the Inferred category and lacks metallurgical testwork.
Reasoning: The company announced its first NI 43-101 compliant MRE, outlining a moderate contained gold equivalent resource of over 1.1 million ounces, which is a significant milestone. However, the estimate is largely Inferred, the grades are at the lower end for open-pit orogenic gold, and lacks metallurgical data, which are key de-risking factors for project advancement.
Positive factors
- Inaugural MRE
- Contained Metal Growth
- NI 43-101 Compliant
- QP/CP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Inferred Resource
- No Metallurgical Testwork
- Low M&I Percentage
- Grade Decline
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 document explicitly states this is an "inaugural independent Mineral Resource Estimate" for the property.
Evidence · text
“This inaugural mineral resource estimate is a tremendous achievement for Golden Cariboo and validates the strength of the Halo discovery”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The MRE is stated to be prepared in accordance with National Instrument 43-101.
Evidence · text
“prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects("NI 43-101")”
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: The MRE was prepared by Sue Bird, P.Eng., an independent Qualified Person as defined by NI 43-101.
Evidence · text
“prepared by Sue Bird, P.Eng., of Bird Resource Consulting Corp. (“BRCC”), an independent Qualified Person as defined by NI 43-101.”
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 classified as Inferred, which is a speculative category.
Evidence · text
“A material portion of the estimate is Inferred. Inferred mineral resources are too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.”
No Metallurgical Testworknegative · Story-specific tag
No canonical definition is currently available.
Why it applies: The document explicitly states that no metallurgical testing has been carried out at the Property.
Evidence · text
“Metallurgy. No metallurgical testing has been carried out at the Property.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The reporting cut-off grade of 0.15 g/t Gold Equivalent (AuEq) is clearly stated.
Evidence · text
“Reporting cut-off grade(s): 0.15 g/t Gold Equivalent (AuEq)”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Resource Estimates (12)
indicatedQuesnelle Gold Quartz Mine Property · goldTonnes: 9966000Grade: 0.547Grade Unit: g/tContained Metal: 175Contained Unit: kozView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:6f95ac1c94551533e6d8
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9966000
- Grade
- 0.547
- Grade Unit
- g/t
- Contained Metal
- 175
- Contained Unit
- koz
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inaugural Indicated resource for gold, providing a baseline for the project, but the grade is at the lower end for open-pit orogenic gold and no metallurgical testwork has been completed.
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Low M&I Percentage
- No Metallurgical Testwork
- Grade Decline
Evidence · table
“0.547”
Context: 9,966
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
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
indicatedQuesnelle Gold Quartz Mine Property · silverTonnes: 9966000Grade: 1.5Grade Unit: g/tContained Metal: 494Contained Unit: kozView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:6f95ac1c94551533e6d8
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9966000
- Grade
- 1.5
- Grade Unit
- g/t
- Contained Metal
- 494
- Contained Unit
- koz
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inaugural Indicated resource for silver, contributing to the overall project value, but no metallurgical testwork has been completed.
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Low M&I Percentage
- No Metallurgical Testwork
Evidence · table
“1.5”
Context: 9,966
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
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
inferredQuesnelle Gold Quartz Mine Property · goldTonnes: 70851000Grade: 0.437Grade Unit: g/tContained Metal: 995Contained Unit: kozView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:fb8f6e1c9c0bc145c492
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70851000
- Grade
- 0.437
- Grade Unit
- g/t
- Contained Metal
- 995
- Contained Unit
- koz
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a significant inaugural Inferred resource for gold, but its speculative nature and the absence of metallurgical testwork reduce confidence.
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Inferred Resource
- No Metallurgical Testwork
- Grade Decline
Evidence · table
“0.437”
Context: 70,851
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
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
inferredQuesnelle Gold Quartz Mine Property · silverTonnes: 70851000Grade: 1.2Grade Unit: g/tContained Metal: 2633Contained Unit: kozView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:fb8f6e1c9c0bc145c492
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70851000
- Grade
- 1.2
- Grade Unit
- g/t
- Contained Metal
- 2633
- Contained Unit
- koz
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inaugural Inferred resource for silver, contributing to the overall project value, but its speculative nature and the absence of metallurgical testwork reduce confidence.
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Inferred Resource
- No Metallurgical Testwork
Evidence · table
“1.2”
Context: 70,851
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
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
indicatedInaugural Mineral Resource Estimate for the Quesnelle · goldTonnes: 9966Grade: 175Grade Unit: g/tView all detailsHide details
Identity
- Project
- Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity
- gold
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- Resource group id
- resource:b8444502791c9b671d62
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9966
- Grade
- 175
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Metal Equivalent
- Metal Eq. Grade
- 0.556
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“175”
Context: 9,966
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
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
indicatedInaugural Mineral Resource Estimate for the Quesnelle · silverTonnes: 9966Grade: 494Grade Unit: g/tView all detailsHide details
Identity
- Project
- Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity
- silver
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- Resource group id
- resource:b8444502791c9b671d62
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 9966
- Grade
- 494
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Metal Equivalent
- Metal Eq. Grade
- 0.556
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“494”
Context: 9,966
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
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
inferredInaugural Mineral Resource Estimate for the Quesnelle · goldTonnes: 70851Grade: 995Grade Unit: g/tView all detailsHide details
Identity
- Project
- Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity
- gold
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- Resource group id
- resource:a329f2cec80c5d6ab80d
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70851
- Grade
- 995
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Metal Equivalent
- Metal Eq. Grade
- 0.444
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“995”
Context: 70,851
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
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
inferredInaugural Mineral Resource Estimate for the Quesnelle · silverTonnes: 70851Grade: 2633Grade Unit: g/tView all detailsHide details
Identity
- Project
- Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity
- silver
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- Resource group id
- resource:a329f2cec80c5d6ab80d
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70851
- Grade
- 2633
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Metal Equivalent
- Metal Eq. Grade
- 0.444
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Expanded from multi-commodity resource table for completeness.
Negative factors
- Fact expanded from resource table columns (model omitted this commodity).
Evidence · table
“2,633”
Context: 70,851
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
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
indicatedQuesnelle Gold Quartz Mine Property · goldTonnes: 12118Grade: 183Grade Unit: g/tView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:b6008ed65608b608a429
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 12118
- Grade
- 183
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Metal Eq. Grade
- 0.479
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inaugural Indicated resource for gold equivalent, providing a baseline for the project, but the grade is at the lower end for open-pit orogenic gold and no metallurgical testwork has been completed. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Low M&I Percentage
- No Metallurgical Testwork
- Grade Decline
Evidence · table
“183”
Context: 12,118
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
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
indicatedQuesnelle Gold Quartz Mine Property · silverTonnes: 12118Grade: 568Grade Unit: g/tView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:b6008ed65608b608a429
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 12118
- Grade
- 568
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Metal Eq. Grade
- 0.479
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is an inaugural Indicated resource for gold equivalent, providing a baseline for the project, but the grade is at the lower end for open-pit orogenic gold and no metallurgical testwork has been completed. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Low M&I Percentage
- No Metallurgical Testwork
- Grade Decline
Evidence · table
“568”
Context: 12,118
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
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
inferredQuesnelle Gold Quartz Mine Property · goldTonnes: 84914Grade: 1048Grade Unit: g/tView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:23742d8d6a4b8b6e3a79
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 84914
- Grade
- 1048
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Metal Eq. Grade
- 0.391
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a significant inaugural Inferred resource for gold equivalent, but its speculative nature and the absence of metallurgical testwork reduce confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Inferred Resource
- No Metallurgical Testwork
- Grade Decline
Evidence · table
“1,048”
Context: 84,914
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
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
inferredQuesnelle Gold Quartz Mine Property · silverTonnes: 84914Grade: 3022Grade Unit: g/tView all detailsHide details
Identity
- Project
- Quesnelle Gold Quartz Mine Property
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- GCC.CN
Resource scope
- Estimate type
- resource
- Effective date
- 2026-09-26T00:00:00.000Z
- Reporting standards
- ni_43_101, sec_sk1300
- QP Signed
- Yes
- Qualified person names
- Sue Bird
- Resource group id
- resource:23742d8d6a4b8b6e3a79
- Deposit or zone
- Halo-North Hixon Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 84914
- Grade
- 3022
- Grade Unit
- g/t
- Cutoff Grade
- 0.15
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-09-26
Metal Equivalent
- Metal Eq. Grade
- 0.391
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd. and MSALABS
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a significant inaugural Inferred resource for gold equivalent, but its speculative nature and the absence of metallurgical testwork reduce confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Maiden Resource
- NI 43-101 Compliant
- QP Signed
- Cut-off Disclosed
- Open Pit Mining Method
Negative factors
- Inferred Resource
- No Metallurgical Testwork
- Grade Decline
Evidence · table
“3,022”
Context: 84,914
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
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.