# Loyalist Exploration Discloses Grade-Tonnage Sensitivity for Tully Gold Project Mineral Resource Estimate Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475 Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2774-cse/pngc/213074-loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project-mineral-resource-estimate.html Publisher: jmn Original announcement: 2026-10-19T04:04:02.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-19T12:32:01.642Z Atlas analysis updated: 2026-10-19T12:32:01.642Z - Company: Loyalist Exploration Limited - Ticker: PNGC - Exchange: CSE - Region: Timmins Gold Camp, Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-10-19 12:32:02 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary Loyalist Exploration has released grade-tonnage sensitivity data for its Tully Gold Project to support an ongoing Preliminary Economic Assessment \(PEA\). The data illustrates how the underground mineral resource responds to various cut-off grades, highlighting a robust high-grade core. Reasoning: The document provides sensitivity analysis \(grade-tonnage\) for an existing MRE rather than a new resource estimate. - Positive factor: illustrates presence of a higher-grade core that remains robust even at elevated cut-offs - Negative factor: does not constitute a new or updated Mineral Resource Estimate - Negative factor: sensitivity data is for illustrative purposes only Facts used in scoring: 12 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides sensitivity analysis for an existing 2026 Mineral Resource Estimate. Evidence · text > The sensitivity data presented below is derived from the independent Technical Report supporting the 2026 MRE ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Resource Estimates (12) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-0) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:e5cf1bd7480a61a837da - Deposit or zone: Tully Gold Project #### Resource Data - Category: indicated - Tonnes: 1620000 - Grade: 3.16 - Grade Unit: g/t - Contained Metal: 164000 - Contained Unit: oz - Cutoff Grade: 1.1 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-07T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Base-case Indicated resource from the previously announced 2026 MRE. Evidence · text > Indicated Mineral Resource of 1.62 million tonnes grading 3.16 g/t Au containing 164,000 ounces of gold #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-1) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:890f8c376b415a3be970 - Deposit or zone: Tully Gold Project #### Resource Data - Category: inferred - Tonnes: 950000 - Grade: 2.03 - Grade Unit: g/t - Contained Metal: 62000 - Contained Unit: oz - Cutoff Grade: 1.1 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2026-07-07T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Base-case Inferred resource from the previously announced 2026 MRE. Evidence · text > Inferred Mineral Resource of 0.95 million tonnes grading 2.03 g/t Au containing 62,000 ounces of gold #### 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 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-2) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:043d49ea06c8826c99ef - Deposit or zone: Tully Gold Project #### Resource Data - Category: indicated - Tonnes: 407000 - Grade: 9.19 - Grade Unit: g/t - Contained Metal: 120 - Contained Unit: koz - Cutoff Grade: 3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 3.0 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 9.19 Context: 407 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-3) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:f03a212957672aa25235 - Deposit or zone: Tully Gold Project #### Resource Data - Category: inferred - Tonnes: 150000 - Grade: 6.45 - Grade Unit: g/t - Contained Metal: 31 - Contained Unit: koz - Cutoff Grade: 3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 3.0 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 6.45 Context: 150 #### 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 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-4) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:6cb927dd019d6a57fc89 - Deposit or zone: Tully Gold Project #### Resource Data - Category: indicated - Tonnes: 500000 - Grade: 7.98 - Grade Unit: g/t - Contained Metal: 128 - Contained Unit: koz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 2.5 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 7.98 Context: 500 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-5) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:c0cfc03037a1fc39a42f - Deposit or zone: Tully Gold Project #### Resource Data - Category: inferred - Tonnes: 205000 - Grade: 5.43 - Grade Unit: g/t - Contained Metal: 36 - Contained Unit: koz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 2.5 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 5.43 Context: 205 #### 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 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-6) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:378ffaa821a83b2aee29 - Deposit or zone: Tully Gold Project #### Resource Data - Category: indicated - Tonnes: 633000 - Grade: 6.78 - Grade Unit: g/t - Contained Metal: 138 - Contained Unit: koz - Cutoff Grade: 2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 2.0 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 6.78 Context: 633 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-7) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:b28d9c8dea423686f4ff - Deposit or zone: Tully Gold Project #### Resource Data - Category: inferred - Tonnes: 313000 - Grade: 4.34 - Grade Unit: g/t - Contained Metal: 44 - Contained Unit: koz - Cutoff Grade: 2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 2.0 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 4.34 Context: 313 #### 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 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-8) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:f539839cd4b7f496aa04 - Deposit or zone: Tully Gold Project #### Resource Data - Category: indicated - Tonnes: 824000 - Grade: 5.61 - Grade Unit: g/t - Contained Metal: 149 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 1.5 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 5.61 Context: 824 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-9) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:8c1b4d07058b854805c1 - Deposit or zone: Tully Gold Project #### Resource Data - Category: inferred - Tonnes: 436000 - Grade: 3.6 - Grade Unit: g/t - Contained Metal: 51 - Contained Unit: koz - Cutoff Grade: 1.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 1.5 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 3.60 Context: 436 #### 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 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-10) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:ad0a7df0579770e14c37 - Deposit or zone: Tully Gold Project #### Resource Data - Category: indicated - Tonnes: 1014000 - Grade: 4.8 - Grade Unit: g/t - Contained Metal: 156 - Contained Unit: koz - Cutoff Grade: 1.1 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 1.1 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 4.80 Context: 1,014 #### 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/loyalist-exploration-discloses-grade-tonnage-sensitivity-for-tully-gold-project--f7b90ad6-ee0e-4d90-b052-daee1db7f475#fact-resource-facts-11) Tully Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Tully Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Timmins Gold Camp, Ontario - Ticker: PNGC #### Resource scope - Estimate type: resource - Resource group id: resource:7cd479454b25c4bd8419 - Deposit or zone: Tully Gold Project #### Resource Data - Category: inferred - Tonnes: 604000 - Grade: 2.96 - Grade Unit: g/t - Contained Metal: 57 - Contained Unit: koz - Cutoff Grade: 1.1 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-06-15 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Sensitivity analysis row for 1.1 g/t cut-off. - Negative factor: does not constitute a new or updated Mineral Resource Estimate Evidence · table > 2.96 Context: 604 #### 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 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 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.