Osisko Intersects 1117.5 Metres Averaging 0.25% Cu at Gaspé

Original announcement by tmx on

Company
Osisko Metals Incorporated
Ticker
OM
Exchange
TSX
Region
Eastern Québec
Primary commodity
Copper
Secondary commodities
Silver, Molybdenum
Document categories
Drill results
Extracted
2026-08-26 03:10:42 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Osisko Metals announced new drill results from its Gaspé Copper Project in Eastern Québec, featuring a record 1117.5-metre intercept averaging 0.25% Cu, 1.81 g/t Ag, and 0.022% Mo (0.35% CuEq). The program includes both infill drilling to upgrade resources and expansion drilling to extend mineralization, with an updated MRE planned for Q1 2026. The results confirm the project's potential as a large, undeveloped copper resource, supported by robust QA/QC and transparent reporting.

Reasoning: Osisko Metals has reported new drill results from its Gaspé Copper Project, highlighted by exceptionally long intercepts, including a record 1117.5 metres of continuous mineralization. While copper grades are moderate for a porphyry system, the sheer scale of mineralization, combined with a strategic infill and expansion drill program, indicates significant potential for resource growth and conversion. Strong QA/QC and transparent reporting further bolster confidence in these positive results.

Positive factors

  • Exceptional intercept lengths, including a record 1117.5 metres, indicating significant bulk tonnage potential.
  • Drilling confirms and extends mineralization within and outside the existing resource model, supporting future resource growth.
  • Mixed drill program strategy targets both resource conversion (infill) and expansion, de-risking and growing the project.
  • Comprehensive QA/QC procedures are disclosed, including certified lab analysis and Qualified Person sign-off, enhancing data credibility.
  • Metal equivalent calculations are transparent with disclosed prices and recoveries, allowing for informed evaluation.

Negative factors

  • Individual copper grades, while moderate, are generally below the 75th percentile for porphyry copper deposits, suggesting a bulk tonnage rather than high-grade profile.
  • True widths are estimated as a general percentage rather than provided precisely for each intercept, which introduces a minor degree of uncertainty.

Facts used in scoring: 23

Atlas analysis — Osisko Metals Incorporated: Osisko Intersects 1117.5 Metres Averaging 0.25% Cu at Gaspé. 0.25 % over 1117.5 m; 0.2 % over 792 m; 0.25 % over 228.5 m

Classification and evidence

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The release states that 'True widths are estimated at 90 – 92% of the reported core length intervals', providing a general estimate for true width.

Evidence · text

“True widths are estimated at 90 – 92% of the reported core length intervals.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed 'Quality Assurance / Quality Control' section, mentioning a strict QA/QC program, insertion of blanks and standards, and analysis by ALS Canada Ltd.

Evidence · text

“Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream.”

QP/CP Signedpositive · Story-specific tag

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

Why it applies: The news release states that the scientific and technical content has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo., an independent 'qualified person' as defined by NI 43-101.

Evidence · text

“The scientific and technical content of this news release has been reviewed and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent “qualified person” as defined by National Instrument 43-101”

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: The copper equivalent grades are calculated with explicit disclosure of metal prices, estimated recoveries, and net smelter return values.

Evidence · text

“Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum, and US$24/oz silver; 3) estimated recoveries of 92%, 70%, and 70% for Cu, Mo, and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7%, and 75.0% for Cu, Mo, and Ag respectively.”

Cut-off Disclosedpositive · Story-specific tag

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

Why it applies: The release clearly states that mineralized intervals are calculated using an average 0.12% CuEq lower cut-off.

Evidence · text

“Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document explicitly states that 'Infill intercepts are located inside the 2024 MRE model... and are focused on upgrading inferred mineral resources to measured or indicated categories'.

Evidence · text

“Infill intercepts are located inside the 2024 MRE model ( see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The document explicitly states that 'Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources'.

Evidence · text

“Expansion intercepts are located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update.”

Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

Drill Results (23)

30-1097Gaspé Copper Project · copperGrade: 0.25Grade Unit: %Intercept: 1117.5 mView all details
Link to this fact

Identity

Hole ID
30-1097
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.25
Grade Unit
%
Intercept
1117.5 m
From
87 m
To
1204.5 m
Hole Depth
1224 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
30-1097:87.0-1204.5
Mining Method
open_pit

Location

Easting
316150
Northing
5426416
CRS
UTM
Elevation
742.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.35
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This intercept represents a new record for the project in terms of continuous mineralization length, demonstrating the significant scale of the Gaspé Copper system. The moderate copper equivalent grade over such an exceptional width is highly material for a bulk tonnage porphyry deposit, contributing to both resource definition and expansion.

Positive factors

  • Exceptional intercept length of 1117.5 metres, representing the longest continuous intersection to date for the project.
  • Moderate copper grade of 0.25% Cu (0.35% CuEq) over a significant width, indicating a large bulk tonnage target.
  • Mixed infill and expansion nature of the intercept contributes to both resource confidence and potential growth.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.25”

Context: 1117.5

30-1097Gaspé Copper Project · copperGrade: 0.24Grade Unit: %Intercept: 691.5 mView all details
Link to this fact

Identity

Hole ID
30-1097
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.24
Grade Unit
%
Intercept
691.5 m
From
87 m
To
778.5 m
Hole Depth
1224 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1097:87.0-778.5
Mining Method
open_pit

Location

Easting
316150
Northing
5426416
CRS
UTM
Elevation
742.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.33
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant infill intercept confirms continuity and supports resource conversion within the existing model, contributing materially to de-risking the project. The length is exceptional, even if the grade is moderate.

Positive factors

  • Very long intercept of 691.5 metres, indicating substantial continuous mineralization.
  • Infill drilling contributes to upgrading inferred resources to higher confidence categories.
  • Moderate copper grade of 0.24% Cu (0.33% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.24”

Context: 691.5

30-1097Gaspé Copper Project · copperGrade: 0.27Grade Unit: %Intercept: 426 mView all details
Link to this fact

Identity

Hole ID
30-1097
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.27
Grade Unit
%
Intercept
426 m
From
778.5 m
To
1204.5 m
Hole Depth
1224 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1097:778.5-1204.5
Mining Method
open_pit

Location

Easting
316150
Northing
5426416
CRS
UTM
Elevation
742.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant expansion intercept demonstrates the potential to extend mineralization deeper within the deposit, adding new ounces and contributing materially to the project's overall scale and future resource updates.

Positive factors

  • Very long intercept of 426.0 metres, extending mineralization at depth and indicating potential for resource growth.
  • Moderate copper grade of 0.27% Cu (0.38% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.27”

Context: 426.0

30-1100Gaspé Copper Project · copperGrade: 0.15Grade Unit: %Intercept: 38 mView all details
Link to this fact

Identity

Hole ID
30-1100
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.15
Grade Unit
%
Intercept
38 m
From
81 m
To
119 m
Hole Depth
987 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1100:81.0-119.0
Mining Method
open_pit

Location

Easting
315825
Northing
5426193
CRS
UTM
Elevation
619.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.16
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This infill intercept, while having a weak copper grade, contributes to the overall resource definition and continuity within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Strong continuity of 38.0 metres, contributing to resource definition.
  • Infill drilling supports upgrading inferred resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Weak copper grade of 0.15% Cu (0.16% CuEq) is at the lower end for a porphyry system, near the 25th percentile of peer comparisons.

Evidence · table

“0.15”

Context: 38.0

30-1100Gaspé Copper Project · copperGrade: 0.25Grade Unit: %Intercept: 43 mView all details
Link to this fact

Identity

Hole ID
30-1100
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.25
Grade Unit
%
Intercept
43 m
From
137 m
To
180 m
Hole Depth
987 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1100:137.0-180.0
Mining Method
open_pit

Location

Easting
315825
Northing
5426193
CRS
UTM
Elevation
619.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This infill intercept, with a moderate copper grade over a good width, contributes to the overall resource definition and continuity within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Strong continuity of 43.0 metres, contributing to resource definition.
  • Infill drilling supports upgrading inferred resources.
  • Moderate copper grade of 0.25% Cu (0.31% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.25”

Context: 43.0

30-1100Gaspé Copper Project · copperGrade: 0.25Grade Unit: %Intercept: 228.5 mView all details
Link to this fact

Identity

Hole ID
30-1100
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.25
Grade Unit
%
Intercept
228.5 m
From
322.5 m
To
551 m
Hole Depth
987 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
30-1100:322.5-551.0
Mining Method
open_pit

Location

Easting
315825
Northing
5426193
CRS
UTM
Elevation
619.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant intercept, combining infill and expansion, materially contributes to both the definition and potential growth of the resource, demonstrating good continuity of mineralization.

Positive factors

  • Long intercept of 228.5 metres, indicating substantial continuous mineralization.
  • Mixed infill and expansion nature contributes to both resource confidence and potential growth.
  • Moderate copper grade of 0.25% Cu (0.31% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.25”

Context: 228.5

30-1100Gaspé Copper Project · copperGrade: 0.15Grade Unit: %Intercept: 127.2 mView all details
Link to this fact

Identity

Hole ID
30-1100
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.15
Grade Unit
%
Intercept
127.2 m
From
677.8 m
To
805 m
Hole Depth
987 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1100:677.8-805.0
Mining Method
open_pit

Location

Easting
315825
Northing
5426193
CRS
UTM
Elevation
619.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.2
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This expansion intercept, despite a weak copper grade, is material as it extends mineralization to a vertical depth of 975 metres, indicating potential for resource growth outside the current model.

Positive factors

  • Long intercept of 127.2 metres, extending mineralization.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Weak copper grade of 0.15% Cu (0.20% CuEq) is at the lower end for a porphyry system, near the 25th percentile of peer comparisons.

Evidence · table

“0.15”

Context: 127.2

30-1100Gaspé Copper Project · copperGrade: 0.17Grade Unit: %Intercept: 111.7 mView all details
Link to this fact

Identity

Hole ID
30-1100
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.17
Grade Unit
%
Intercept
111.7 m
From
862.8 m
To
974.5 m
Hole Depth
987 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1100:862.8-974.5
Mining Method
open_pit

Location

Easting
315825
Northing
5426193
CRS
UTM
Elevation
619.4 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.22
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This expansion intercept, despite a weak copper grade, is material as it further extends mineralization to a vertical depth of 975 metres, indicating potential for resource growth outside the current model.

Positive factors

  • Long intercept of 111.7 metres, extending mineralization.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Weak copper grade of 0.17% Cu (0.22% CuEq) is at the lower end for a porphyry system, near the 25th percentile of peer comparisons.

Evidence · table

“0.17”

Context: 111.7

30-1101Gaspé Copper Project · copperGrade: 0.24Grade Unit: %Intercept: 53 mView all details
Link to this fact

Identity

Hole ID
30-1101
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.24
Grade Unit
%
Intercept
53 m
From
58 m
To
111 m
Hole Depth
592 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1101:58.0-111.0
Mining Method
open_pit

Location

Easting
316612
Northing
5425837
CRS
UTM
Elevation
593.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.27
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This infill intercept, with a moderate copper grade over a good width, contributes to the overall resource definition and continuity within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Strong continuity of 53.0 metres, contributing to resource definition.
  • Infill drilling supports upgrading inferred resources.
  • Moderate copper grade of 0.24% Cu (0.27% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.24”

Context: 53.0

30-1101Gaspé Copper Project · copperGrade: 0.32Grade Unit: %Intercept: 148.5 mView all details
Link to this fact

Identity

Hole ID
30-1101
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.32
Grade Unit
%
Intercept
148.5 m
From
156 m
To
304.5 m
Hole Depth
592 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1101:156.0-304.5
Mining Method
open_pit

Location

Easting
316612
Northing
5425837
CRS
UTM
Elevation
593.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.34
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant infill intercept materially contributes to the definition and continuity of the resource, supporting the goal of upgrading resource categories within the existing model.

Positive factors

  • Long intercept of 148.5 metres, indicating substantial continuous mineralization.
  • Infill drilling supports upgrading inferred resources.
  • Moderate copper grade of 0.32% Cu (0.34% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.32”

Context: 148.5

30-1101Gaspé Copper Project · copperGrade: 0.36Grade Unit: %Intercept: 27.7 mView all details
Link to this fact

Identity

Hole ID
30-1101
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.36
Grade Unit
%
Intercept
27.7 m
From
493.5 m
To
521.2 m
Hole Depth
592 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1101:493.5-521.2
Mining Method
open_pit

Location

Easting
316612
Northing
5425837
CRS
UTM
Elevation
593.3 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.37
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This expansion intercept, with a moderate copper grade over a good width, contributes to the potential growth of the resource outside the current model, confirming mineralization at the eastern margin.

Positive factors

  • Strong continuity of 27.7 metres, extending mineralization.
  • Moderate copper grade of 0.36% Cu (0.37% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.36”

Context: 27.7

30-1102Gaspé Copper Project · copperGrade: 0.36Grade Unit: %Intercept: 51 mView all details
Link to this fact

Identity

Hole ID
30-1102
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.36
Grade Unit
%
Intercept
51 m
From
516 m
To
567 m
Hole Depth
930 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1102:516.0-567.0
Mining Method
open_pit

Location

Easting
316595
Northing
5426284.1
CRS
UTM
Elevation
603.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This expansion intercept, with a moderate copper grade over a good width, contributes to the potential growth of the resource outside the current model, confirming mineralization at the eastern margin.

Positive factors

  • Strong continuity of 51.0 metres, extending mineralization.
  • Moderate copper grade of 0.36% Cu (0.38% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.36”

Context: 51.0

30-1102Gaspé Copper Project · copperGrade: 0.03Grade Unit: %Intercept: 76.5 mView all details
Link to this fact

Identity

Hole ID
30-1102
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.03
Grade Unit
%
Intercept
76.5 m
From
781.5 m
To
858 m
Hole Depth
930 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1102:781.5-858.0
Mining Method
open_pit

Location

Easting
316595
Northing
5426284.1
CRS
UTM
Elevation
603.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: While the copper grade is very low, the significant length and contribution from molybdenum result in a moderate copper equivalent grade, making this expansion intercept still material for a bulk tonnage porphyry system. It extends mineralization at the eastern margin.

Positive factors

  • Strong continuity of 76.5 metres, extending mineralization.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Very weak copper grade of 0.03% Cu, significantly below the 25th percentile for porphyry copper, indicating low-grade material.
  • The high molybdenum grade (0.077%) contributes significantly to the CuEq, masking the very low copper grade.

Evidence · table

“0.03”

Context: 76.5

30-1102Gaspé Copper Project · copperGrade: 0.46Grade Unit: %Intercept: 49.5 mView all details
Link to this fact

Identity

Hole ID
30-1102
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.46
Grade Unit
%
Intercept
49.5 m
From
880.5 m
To
930 m
Hole Depth
930 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1102:880.5-930.0
Mining Method
open_pit

Location

Easting
316595
Northing
5426284.1
CRS
UTM
Elevation
603.7 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.48
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This expansion intercept is highly material due to its strong copper grade over a significant width, indicating a higher-grade zone within the porphyry system and contributing positively to potential resource growth at the eastern margin.

Positive factors

  • Strong copper grade of 0.46% Cu (0.48% CuEq), which is above the strong threshold for porphyry copper.
  • Strong continuity of 49.5 metres, extending mineralization.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is strong but still below the 75th percentile of peer comparisons.

Evidence · table

“0.46”

Context: 49.5

30-1104Gaspé Copper Project · copperGrade: 0.12Grade Unit: %Intercept: 27.5 mView all details
Link to this fact

Identity

Hole ID
30-1104
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.12
Grade Unit
%
Intercept
27.5 m
From
4.5 m
To
32 m
Hole Depth
999 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1104:4.5-32.0
Mining Method
open_pit

Location

Easting
315700
Northing
5426358
CRS
UTM
Elevation
592.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.12
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This infill intercept, while having a weak copper grade at the cutoff, contributes to the overall resource definition and continuity within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Strong continuity of 27.5 metres, contributing to resource definition.
  • Infill drilling supports upgrading inferred resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Weak copper grade of 0.12% Cu (0.12% CuEq) is at the 25th percentile for a porphyry system, indicating low-grade material.

Evidence · table

“0.12”

Context: 27.5

30-1104Gaspé Copper Project · copperGrade: 0.14Grade Unit: %Intercept: 31 mView all details
Link to this fact

Identity

Hole ID
30-1104
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.14
Grade Unit
%
Intercept
31 m
From
54 m
To
85 m
Hole Depth
999 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1104:54.0-85.0
Mining Method
open_pit

Location

Easting
315700
Northing
5426358
CRS
UTM
Elevation
592.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.14
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This infill intercept, while having a weak copper grade, contributes to the overall resource definition and continuity within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Strong continuity of 31.0 metres, contributing to resource definition.
  • Infill drilling supports upgrading inferred resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Weak copper grade of 0.14% Cu (0.14% CuEq) is at the lower end for a porphyry system, near the 25th percentile of peer comparisons.

Evidence · table

“0.14”

Context: 31.0

30-1104Gaspé Copper Project · copperGrade: 0.2Grade Unit: %Intercept: 792 mView all details
Link to this fact

Identity

Hole ID
30-1104
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.2
Grade Unit
%
Intercept
792 m
From
177 m
To
969 m
Hole Depth
999 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
30-1104:177.0-969.0
Mining Method
open_pit

Location

Easting
315700
Northing
5426358
CRS
UTM
Elevation
592.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.26
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This exceptionally long intercept, combining infill and expansion, is highly material as it extends mineralization to a vertical depth of 969 metres, significantly contributing to the project's resource base and future growth potential.

Positive factors

  • Exceptional intercept length of 792.0 metres, indicating significant bulk tonnage potential.
  • Moderate copper grade of 0.20% Cu (0.26% CuEq) over a very long width, consistent with a large porphyry system.
  • Mixed infill and expansion nature contributes to both resource confidence and potential growth.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.20”

Context: 792.0

30-1104Gaspé Copper Project · copperGrade: 0.18Grade Unit: %Intercept: 390.5 mView all details
Link to this fact

Identity

Hole ID
30-1104
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.18
Grade Unit
%
Intercept
390.5 m
From
177 m
To
567.5 m
Hole Depth
999 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1104:177.0-567.5
Mining Method
open_pit

Location

Easting
315700
Northing
5426358
CRS
UTM
Elevation
592.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.23
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant infill intercept materially contributes to the definition and continuity of the resource within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Very long intercept of 390.5 metres, indicating substantial continuous mineralization.
  • Infill drilling supports upgrading inferred resources.
  • Moderate copper grade of 0.18% Cu (0.23% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.18”

Context: 390.5

30-1104Gaspé Copper Project · copperGrade: 0.22Grade Unit: %Intercept: 401.5 mView all details
Link to this fact

Identity

Hole ID
30-1104
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.22
Grade Unit
%
Intercept
401.5 m
From
567.5 m
To
969 m
Hole Depth
999 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1104:567.5-969.0
Mining Method
open_pit

Location

Easting
315700
Northing
5426358
CRS
UTM
Elevation
592.1 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.29
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant expansion intercept demonstrates the potential to extend mineralization deeper within the deposit, adding new ounces and contributing materially to the project's overall scale and future resource updates.

Positive factors

  • Very long intercept of 401.5 metres, extending mineralization at depth and indicating potential for resource growth.
  • Moderate copper grade of 0.22% Cu (0.29% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.22”

Context: 401.5

30-1105Gaspé Copper Project · copperGrade: 0.19Grade Unit: %Intercept: 63 mView all details
Link to this fact

Identity

Hole ID
30-1105
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.19
Grade Unit
%
Intercept
63 m
From
16 m
To
79 m
Hole Depth
819 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1105:16.0-79.0
Mining Method
open_pit

Location

Easting
316104
Northing
5425877
CRS
UTM
Elevation
586.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.2
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This infill intercept, with a moderate copper grade over a good width, contributes to the overall resource definition and continuity within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Strong continuity of 63.0 metres, contributing to resource definition.
  • Infill drilling supports upgrading inferred resources.
  • Moderate copper grade of 0.19% Cu (0.20% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.19”

Context: 63.0

30-1105Gaspé Copper Project · copperGrade: 0.2Grade Unit: %Intercept: 110.5 mView all details
Link to this fact

Identity

Hole ID
30-1105
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.2
Grade Unit
%
Intercept
110.5 m
From
122 m
To
232.5 m
Hole Depth
819 m

Classification

Deposit Type
porphyry
Program
resource
Sample Type
drill
Group ID
30-1105:122.0-232.5
Mining Method
open_pit

Location

Easting
316104
Northing
5425877
CRS
UTM
Elevation
586.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.21
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant infill intercept materially contributes to the definition and continuity of the resource within the existing model, supporting the goal of upgrading resource categories.

Positive factors

  • Long intercept of 110.5 metres, indicating substantial continuous mineralization.
  • Infill drilling supports upgrading inferred resources.
  • Moderate copper grade of 0.20% Cu (0.21% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.20”

Context: 110.5

30-1105Gaspé Copper Project · copperGrade: 0.25Grade Unit: %Intercept: 93.7 mView all details
Link to this fact

Identity

Hole ID
30-1105
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.25
Grade Unit
%
Intercept
93.7 m
From
261.8 m
To
355.5 m
Hole Depth
819 m

Classification

Deposit Type
porphyry
Program
mixed
Sample Type
drill
Group ID
30-1105:261.8-355.5
Mining Method
open_pit

Location

Easting
316104
Northing
5425877
CRS
UTM
Elevation
586.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant intercept, combining infill and expansion, materially contributes to both the definition and potential growth of the resource, demonstrating good continuity of mineralization.

Positive factors

  • Long intercept of 93.7 metres, indicating substantial continuous mineralization.
  • Mixed infill and expansion nature contributes to both resource confidence and potential growth.
  • Moderate copper grade of 0.25% Cu (0.30% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.25”

Context: 93.7

30-1105Gaspé Copper Project · copperGrade: 0.19Grade Unit: %Intercept: 288 mView all details
Link to this fact

Identity

Hole ID
30-1105
Project
Gaspé Copper Project
Commodity
copper
Region
canada_qc
Reported Region
Eastern Québec
Ticker
OM

Geometry

Grade
0.19
Grade Unit
%
Intercept
288 m
From
378 m
To
666 m
Hole Depth
819 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
30-1105:378.0-666.0
Mining Method
open_pit

Location

Easting
316104
Northing
5425877
CRS
UTM
Elevation
586.9 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada Ltd.
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards

Metal Equivalent

Metal Eq. Grade
0.25
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.12
Cutoff Unit
% CuEq
Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-09-04T00:00:00.000Z

Reasoning: This significant expansion intercept demonstrates the potential to extend mineralization deeper within the deposit, adding new ounces and contributing materially to the project's overall scale and future resource updates.

Positive factors

  • Long intercept of 288.0 metres, extending mineralization to a vertical depth of 666 metres.
  • Moderate copper grade of 0.19% Cu (0.25% CuEq) is consistent with a bulk tonnage porphyry deposit.
  • Expansion drilling outside the current MRE model adds new potential resources.
  • Good QA/QC and QP sign-off provide high confidence in the reported results.

Negative factors

  • Copper grade is moderate for a porphyry system, falling between the 25th and 75th percentile of peer comparisons.

Evidence · table

“0.19”

Context: 288.0

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.