# Goldgroup Files Updated Technical Report on San Francisco Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608

Original source: https://orestocks.com/company/GGA.V/press-releases/5103372535139012

Publisher: orestocks

Original announcement: 2026-05-11T16:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T03:59:23.069Z

Atlas analysis updated: 2026-10-01T03:59:23.069Z

- Company: Goldgroup Mining Inc.

- Ticker: GGA.V

- Exchange: Unavailable

- Region: Sonora, Mexico

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-10-01 03:59:23 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Goldgroup Mining Inc. has filed an updated NI 43-101 technical report for the San Francisco gold project in Sonora, Mexico. The report defines 1.226 million ounces of Measured and Indicated gold resources and 178,000 ounces of Inferred resources, supported by existing heap leach infrastructure and full permitting.

Reasoning: Updated NI 43-101 technical report confirms a robust M&I gold resource and outlines a path to rapid production restart using existing infrastructure.

- Positive factor: Significant M&I gold resource of 1.226 million oz

- Positive factor: Fully permitted for rapid restart

- Positive factor: Existing heap leach infrastructure

- Positive factor: Large drilling database \(668,051 m\) underpinning model

- Negative factor: Inferred resources are uncertain in nature

- Negative factor: Mining operations have been idle since 2023

Facts used in scoring: 18

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The company announced the filing of an updated NI 43-101 technical report.

Evidence · text

> filed an updated NI 43-101 technical report

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource estimate includes a significant Inferred component of 178K oz.

Evidence · text

> additional 178K Inferred oz

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Resource Estimates (18)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-0)

San Francisco gold project · gold

#### Identity

- Project: San Francisco gold project
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, Richard M. Gowans, Tudorel Ciuculescu
- Resource group id: resource:0a1b44dd814285489eba
- Deposit or zone: San Francisco Mine OP
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 41024
- Grade: 0.38
- Grade Unit: g/t
- Contained Metal: 498.9
- Contained Unit: k oz
- Cutoff Grade: 0.09
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-04-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

Reasoning: Measured resource component of the San Francisco Mine.

Evidence · table

> 0.38

Context: 41,024

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-1)

San Francisco gold project · gold

#### Identity

- Project: San Francisco gold project
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, Richard M. Gowans, Tudorel Ciuculescu
- Resource group id: resource:76c76e398cc12ef6b81d
- Deposit or zone: San Francisco Mine OP
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 38299
- Grade: 0.37
- Grade Unit: g/t
- Contained Metal: 456.8
- Contained Unit: k oz
- Cutoff Grade: 0.09
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-04-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

Reasoning: Indicated resource component of the San Francisco Mine.

Evidence · table

> 0.37

Context: 38,299

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-2)

San Francisco gold project · gold

#### Identity

- Project: San Francisco gold project
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, Richard M. Gowans, Tudorel Ciuculescu
- Resource group id: resource:bd9070686e095ac1630f
- Deposit or zone: Total Resources
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 56821
- Grade: 0.35
- Grade Unit: g/t
- Contained Metal: 644.9
- Contained Unit: k oz

#### Prior Estimate

- Resource Date: 2026-04-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

Reasoning: Indicated resource component of Total Resources.

Evidence · table

> 0.35

Context: 56,821

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-3)

San Francisco gold project · gold

#### Identity

- Project: San Francisco gold project
- Commodity: gold
- Region: mexico
- Reported Region: Sonora, Mexico
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, Richard M. Gowans, Tudorel Ciuculescu
- Resource group id: resource:f249a3017f77e7990601
- Deposit or zone: Total Resources
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 17268
- Grade: 0.32
- Grade Unit: g/t
- Contained Metal: 178.4
- Contained Unit: k oz

#### Prior Estimate

- Resource Date: 2026-04-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

Reasoning: Inferred resource component of Total Resources.

- Negative factor: Inferred category is speculative

Evidence · table

> 0.32

Context: 17,268

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-4)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:8f0a2a38c0209d9677a5
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 41024
- Grade: 498.9
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 498.9

Context: 41,024

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-5)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:4e6cc56b104821d2ea89
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 7241
- Grade: 82.8
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 82.8

Context: 7,241

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-6)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:ed76b888b2def93107ab
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 48265
- Grade: 581.7
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 581.7

Context: 48,265

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-7)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:fbdb4be3b7ed30b031c4
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 38299
- Grade: 456.8
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 456.8

Context: 38,299

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-8)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:4431e07408e8e7744426
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 79323
- Grade: 955.7
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 955.7

Context: 79,323

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-9)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:ce213b728592756de3dd
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 7464
- Grade: 93.3
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 93.3

Context: 7,464

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-10)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:518abeb6dc17f1dc9bff
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 13892
- Grade: 143.8
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 143.8

Context: 13,892

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-11)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:a494437bf5d0358f7a1e
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 21132
- Grade: 226.6
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 226.6

Context: 21,132

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-12)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d4c215b924b43996b1f8
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 1040
- Grade: 12.4
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 12.4

Context: 1,040

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-13)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:0f00712bf754c8d131e1
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 4630
- Grade: 44.3
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 44.3

Context: 4,630

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-14)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:6a04dd05fc4f523b6fd9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 8764
- Grade: 72.7
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 72.7

Context: 8,764

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-15)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:36e9b4253f1c7d4ccf1d
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 56821
- Grade: 644.9
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 644.9

Context: 56,821

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-16)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:fd2bb88e1f5637614f2d
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 105086
- Grade: 1226.6
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1,226.6

Context: 105,086

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/goldgroup-files-updated-technical-report-on-san-francisco-gold-project--e890e105-b031-4872-b2f0-3bd3d0137608#fact-resource-facts-17)

Mineral Resource Estimate for the San Francisco · gold

#### Identity

- Project: Mineral Resource Estimate for the San Francisco
- Commodity: gold
- Ticker: GGA.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:76ca3aae66be61ea3450
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 17268
- Grade: 178.4
- Grade Unit: k oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-11T00:00:00.000Z

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

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 178.4

Context: 17,268

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

## 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.