# Minto's First Mine Plan Takes 40% to 45% of the Indicated Resource Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6 Original source: https://www.cruxinvestor.com/posts/mintos-first-mine-plan-takes-40-to-45-of-the-indicated-resource Publisher: cruxinvestor Original announcement: 2026-09-17T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-17T19:19:41.802Z Atlas analysis updated: 2026-09-17T19:19:41.802Z - Company: Selkirk Copper Mines - Ticker: SCMI - Exchange: Unavailable - Region: Canada - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Drill results, Resource update - Extracted: 2026-09-17 19:19:42 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Selkirk Copper's Phase 2 drilling at Minto is 90% complete, with results primarily serving as infill to confirm modeled geometry for a restart mine plan. While some step-out drilling has been successful, results at Copper Keel were lower than expected, indicating limited expansion potential in that specific area. Reasoning: The report details a brownfield drilling program that is primarily infill \(confirming continuity\) with some successful step-outs, though one key zone \(Copper Keel\) underperformed. - Positive factor: Infill drilling confirms modeled geometry - Positive factor: Successful step-out drilling at Area 118 and 117 Lens - Positive factor: High-grade intercept at 202 Lens - Negative factor: Copper Keel results below expectations - Negative factor: Expansion potential limited at Copper Keel Facts used in scoring: 16 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: Most reported holes are classified as infill that confirms modeled geometry. Evidence · text > Most of the reported holes are classified as infill that confirms modeled geometry **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Expansion is achieved through three specific holes testing new limits. Evidence · text > expansion is confined to three holes **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions ALS laboratory and 15% quality-control material insertion. Evidence · text > analytical laboratory in Vancouver, both operated by ALS, with quality-control material inserted at approximately 15% of all samples ## Extracted facts Stored fact records: 16. Some facts used in scoring do not have a stored record. ## Drill Results (12) ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-0) copper Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: copper - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 6.01 - Grade Unit: % - Intercept: 1.93 m #### Classification - Sample Type: drill - Group ID: unspecified:0-1.93 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: 6.01% Cu is a very strong intercept for this deposit type. - Positive factor: High grade intercept Evidence · text > 6.01% copper, 8.77 grams per metric ton \(g/t\) gold, and 36.6 g/t silver, or 13.12% copper equivalent, over 1.93 m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-1) gold Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: gold - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 8.77 - Grade Unit: g/t - Intercept: 1.93 m #### Classification - Sample Type: drill - Group ID: unspecified:0-1.93 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: 8.77 g/t Au is a strong intercept. - Positive factor: Strong gold grade Evidence · text > 6.01% copper, 8.77 grams per metric ton \(g/t\) gold, and 36.6 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-2) silver Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: silver - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 36.6 - Grade Unit: g/t - Intercept: 1.93 m #### Classification - Sample Type: drill - Group ID: unspecified:0-1.93 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Silver grade is notable but secondary. Evidence · text > 36.6 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-3) copper Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: copper - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 3.39 - Grade Unit: % - Intercept: 6 m #### Classification - Sample Type: drill - Group ID: unspecified:0-6.0 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Successful 50m step-out at Area 118. - Positive factor: Step-out success Evidence · text > A 50-meter step-out at Area 118 returned 3.39% copper, 0.61 g/t gold, and 16.5 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-4) gold Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: gold - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 0.61 - Grade Unit: g/t - Intercept: 6 m #### Classification - Sample Type: drill - Group ID: unspecified:0-6.0 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Low gold grade in a step-out. Evidence · text > 3.39% copper, 0.61 g/t gold, and 16.5 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-5) silver Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: silver - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 16.5 - Grade Unit: g/t - Intercept: 6 m #### Classification - Sample Type: drill - Group ID: unspecified:0-6.0 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Silver grade in step-out. Evidence · text > 3.39% copper, 0.61 g/t gold, and 16.5 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-6) copper Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: copper - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 0.98 - Grade Unit: % - Intercept: 12.7 m #### Classification - Sample Type: drill - Group ID: unspecified:0-12.7 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Successful 30m step-out at 117 Lens. - Positive factor: Step-out success Evidence · text > A 30-meter step-out west at the 117 Lens returned 0.98% copper, 0.39 g/t gold, and 3.4 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-7) gold Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: gold - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 0.39 - Grade Unit: g/t - Intercept: 12.7 m #### Classification - Sample Type: drill - Group ID: unspecified:0-12.7 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Low gold grade. Evidence · text > 0.98% copper, 0.39 g/t gold, and 3.4 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-8) silver Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: silver - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 12.7 m #### Classification - Sample Type: drill - Group ID: unspecified:0-12.7 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Low silver grade. Evidence · text > 0.98% copper, 0.39 g/t gold, and 3.4 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-9) copper Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: copper - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 1.87 - Grade Unit: % - Intercept: 13.3 m #### Classification - Sample Type: drill - Group ID: unspecified:0-13.3 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Unexpected intercept at southern end of 202 Lens. - Positive factor: Unexpected intercept Evidence · text > one hole intersected an upper interval of 1.87% copper, 0.46 g/t gold and 17.5 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-10) gold Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: gold - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 0.46 - Grade Unit: g/t - Intercept: 13.3 m #### Classification - Sample Type: drill - Group ID: unspecified:0-13.3 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Low gold grade. Evidence · text > 1.87% copper, 0.46 g/t gold and 17.5 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ### unspecified [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-drill-facts-11) silver Needs review: ungrounded #### Identity - Hole ID: unspecified - Commodity: silver - Region: canada - Reported Region: canada - Ticker: SCMI #### Geometry - Grade: 17.5 - Grade Unit: g/t - Intercept: 13.3 m #### Classification - Sample Type: drill - Group ID: unspecified:0-13.3 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Silver grade in unexpected intercept. Evidence · text > 1.87% copper, 0.46 g/t gold and 17.5 g/t silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Management describes 100,000 m of drill core as a large volume to analyze and model, and says the priority is translatin" ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-resource-facts-12) copper #### Identity - Commodity: copper - Region: canada - Reported Region: Canada - Ticker: SCMI #### Resource scope - Estimate type: resource - Effective date: 2026-06-10T00:00:00.000Z - Resource group id: resource:5995e1d72d6dce8fde85 - Mining method: combined #### Resource Data - Category: indicated - Tonnes: 47800000 - Grade: 0.89 - Grade Unit: % - Contained Metal: 940000000 - Contained Unit: lbs #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Indicated resource component of the MRE. - Positive factor: Large resource base Evidence · text > measured and indicated material of 47.8 million metric tons grading 0.89% copper #### 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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-resource-facts-13) gold #### Identity - Commodity: gold - Region: canada - Reported Region: Canada - Ticker: SCMI #### Resource scope - Estimate type: resource - Effective date: 2026-06-10T00:00:00.000Z - Resource group id: resource:5995e1d72d6dce8fde85 - Mining method: combined #### Resource Data - Category: indicated - Tonnes: 47800000 - Grade: 0.34 - Grade Unit: g/t #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Gold grade in indicated resource. Evidence · text > 47.8 million metric tons grading 0.89% copper, 0.34 g/t 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 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 **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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-resource-facts-14) silver #### Identity - Commodity: silver - Region: canada - Reported Region: Canada - Ticker: SCMI #### Resource scope - Estimate type: resource - Effective date: 2026-06-10T00:00:00.000Z - Resource group id: resource:5995e1d72d6dce8fde85 - Mining method: combined #### Resource Data - Category: indicated - Tonnes: 47800000 - Grade: 3.2 - Grade Unit: g/t #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Silver grade in indicated resource. Evidence · text > 47.8 million metric tons grading 0.89% copper, 0.34 g/t gold and 3.2 g/t silver #### 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 **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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/minto-s-first-mine-plan-takes-40-to-45-of-the-indicated-resource--963de4e1-b051-4685-896a-be45e2686ea6#fact-resource-facts-15) copper #### Identity - Commodity: copper - Region: canada - Reported Region: Canada - Ticker: SCMI #### Resource scope - Estimate type: resource - Effective date: 2026-06-10T00:00:00.000Z - Resource group id: resource:64f8fbfe1dac45ea250c - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 16900000 - Grade: 0.76 - Grade Unit: % #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: Inferred resource component. Evidence · text > A further 16.9 million metric tons of inferred material grades 0.76% copper #### 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 **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 **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **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 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. 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.