International Millennium Mining Corp. Files Updated NI 43-101 Technical Report on Sedar for Its Silver Peak, Nevada Project
Original announcement by tmx on
- Company
- International Millennium Mining Corp.
- Ticker
- IMI
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Resource update
- Extracted
- 2026-08-25 23:23:22 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
International Millennium Mining Corp. has filed an updated NI 43-101 technical report for the Silver Peak Project in Nevada. The updated Inferred Mineral Resource Estimate includes 2.65 Mt at 96.85 g/t Ag and 0.67 g/t Au, incorporating data from nine additional drill holes.
Reasoning: The update provides a new Inferred resource estimate including extension drilling, though it remains entirely in the Inferred category.
Positive factors
- Inferred resource established
- Extension of Nivloc Structure
- QP/CP signed
Negative factors
- 100% Inferred category
Facts used in scoring: 2
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The entire updated estimate is classified as Inferred.
Evidence · text
“the updated Inferred Mineral Resource Estimate is”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The report is explicitly stated to be NI 43-101 compliant.
Evidence · text
“announces that it has filed on SEDAR a National Instrument ("NI) 43-101 compliant technical report”
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: Seymour M. Sears and Joan M. Barry are named as Qualified Persons who reviewed and approved the content.
Evidence · text
“Seymour M. Sears, P.Geo., a qualified person... has reviewed and approved”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The cutoff grade of 40 g/t Ag equivalent is clearly stated.
Evidence · text
“and a cutoff grade of 40 g/t (Ag equivalent)”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
inferredsilverTonnes: 2653000Grade: 96.85Grade Unit: g/tContained Metal: 8262000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- IMI
Resource Data
- Category
- inferred
- Tonnes
- 2653000
- Grade
- 96.85
- Grade Unit
- g/t
- Contained Metal
- 8262000
- Contained Unit
- oz
- Cutoff Grade
- 40
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2019-11-23T00:00:00.000Z
Reasoning: Inferred resource estimate for silver.
Positive factors
- Silver grade is moderate
Negative factors
- Inferred category only
Evidence · text
“the updated Inferred Mineral Resource Estimate is 2,653,000 tonnes grading 96.85 g/t Ag”
inferredgoldTonnes: 2653000Grade: 0.67Grade Unit: g/tContained Metal: 57000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- IMI
Resource Data
- Category
- inferred
- Tonnes
- 2653000
- Grade
- 0.67
- Grade Unit
- g/t
- Contained Metal
- 57000
- Contained Unit
- oz
- Cutoff Grade
- 40
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2019-11-23T00:00:00.000Z
Reasoning: Inferred resource estimate for gold as a byproduct.
Negative factors
- Low grade gold
Evidence · text
“2,653,000 tonnes grading 96.85 g/t Ag and 0.67 g/t Au”
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.