Osisko Metals Announces Significant Increase in Mineral Resources at Gaspé Copper
Original announcement by tmx on
- Company
- Osisko Metals Incorporated
- Ticker
- OM
- Exchange
- TSX
- Region
- Quebec
- Primary commodity
- Copper
- Secondary commodities
- Molybdenum, Silver
- Document categories
- Resource update
- Extracted
- 2026-08-26 02:49:09 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Osisko Metals announced a significantly updated Mineral Resource Estimate for its Gaspé Copper Project in Eastern Quebec, reporting 1.83 billion tonnes at 0.27% Cu (0.32% CuEq) in Measured and Indicated categories, and an additional 239 million tonnes at 0.41% Cu (0.46% CuEq) in the Inferred category. This update represents a 119% increase in contained copper metal in the M&I categories over the previously reported Indicated Resource, establishing Gaspé Copper as one of North America's largest undeveloped copper-molybdenum deposits. The company plans further drilling to upgrade Inferred resources and expand the deposit.
Reasoning: The updated MRE significantly increases Measured and Indicated copper metal content by 119%, converting previous Inferred resources and expanding the overall resource base. While the average grade has decreased due to a lower cut-off grade and the pit-constrained nature of the resource, the substantial increase in contained metal and resource confidence represents a major de-risking and scale-up for the project.
Positive factors
- Category Upgrade
- Tonnage Growth
- Contained Metal Growth
- QP/CP Signed
- NI 43-101 Compliant
- Cut-off Disclosed
Negative factors
- Grade Decline
- Dilutive Growth
- Cut-off Lowered
Facts used in scoring: 72
Classification and evidence
Category Upgradepositive
Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
Why it applies: The 2025 drill program successfully converted and expanded the 2024 MRE to the Measured and Indicated resource categories.
Evidence · text
“The 2025 drill program successfully converted and expanded the 2024 MRE to the Measured and Indicated resource categories”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The updated MRE reports 1.83 billion tonnes in M&I categories, representing a significant increase in the overall resource base.
Evidence · text
“1,834 million tonnes averaging 0.27% Cu (0.32% CuEq ) of Measured and Indicated categories (M&I)”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The updated M&I Resource represents a 119% increase in copper metal content over the previously reported Indicated Resource, totaling 10.8 billion pounds of contained copper.
Evidence · text
“The updated M&I Resource represents a 119% increase in copper metal content over the previously reported Indicated Resource”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The MRE was prepared and approved by Pierre-Luc Richard, P.Geo., of PLR Resources Inc., an independent qualified person.
Evidence · text
“The independent qualified persons for the MRE, as defined by National Instrument (“NI”) 43-101 guidelines, is Pierre-Luc Richard, P.Geo., of PLR Resources Inc.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The mineral resources disclosed conform to standards and guidelines in National Instrument 43-101.
Evidence · text
“The mineral resources disclosed in this news release conform to standards and guidelines in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“ NI 43-101 ”)”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The base case MRE is reported at a 0.16% CuEq cut-off grade, and sensitivities at variable cut-offs are provided.
Evidence · text
“Table 1: MRE Base Case at CuEq = 0.16% cut-off.”
Grade Declinenegative
Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
Why it applies: The new M&I copper grade of 0.27% is significantly lower than the RAG comparable average grade of 0.999%, primarily due to a reduced cut-off grade and the bulk tonnage nature of the pit-constrained resource.
Evidence · text
“1,834 million tonnes averaging 0.27% Cu (0.32% CuEq ) of Measured and Indicated categories (M&I)”
Dilutive Growthnegative
Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
Why it applies: While contained metal and tonnage increased significantly, the average grade decreased due to a lower cut-off grade, indicating growth from including lower-grade material.
Evidence · text
“The updated M&I Resource represents a 119% increase in copper metal content over the previously reported Indicated Resource”
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: The document explicitly states a reduction of the cut-off grade from 0.12% Cu to 0.09% CuEq, which contributes to the increased tonnage and lower average grade.
Evidence · text
“Reduction of cut-off grade from 0.12% Cu to 0.09% CuEq”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The MRE includes a substantial Inferred category of 239 million tonnes, which is conceptual in nature and requires further drilling to upgrade confidence.
Evidence · text
“239 million tonnes averaging 0.41% Cu (0.46% CuEq) of Inferred category.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The announcement provides an updated Mineral Resource Estimate for the Gaspé Copper Project following extensive drilling.
Evidence · text
“Osisko Metals Announces Significant Increase in Mineral Resources at Gaspé Copper”
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The MRE is pit-constrained and includes detailed economic parameters for cut-off optimization, indicating its use for economic studies, although no formal economic evaluation has been produced yet.
Evidence · text
“This pit-constrained MRE uses a mathematical lower cut-off of 0.09% CuEq for pit shell optimization and a reporting cut-off grade of 0.16% CuEq for base case in-pit resource estimation”
Extracted facts
Stored fact records: 72. Some facts used in scoring do not have a stored record.
Resource Estimates (72)
measuredGaspé Copper Project · copperTonnes: 136500000Grade: 0.37Grade Unit: %Contained Metal: 1128000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 1128000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: High confidence Measured resource with significant contained copper, contributing to overall resource growth and de-risking.
Positive factors
- Measured Resource
- Category Upgrade
- Contained Metal Growth
Evidence · table
“0.37”
Context: 136.5
measuredGaspé Copper Project · molybdenumTonnes: 136500000Grade: 0.014Grade Unit: %Contained Metal: 41900000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.014
- Grade Unit
- %
- Contained Metal
- 41900000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Measured molybdenum resource adds byproduct value and confidence to the overall project.
Positive factors
- Measured Resource
- Category Upgrade
Evidence · table
“0.014”
Context: 136.5
measuredGaspé Copper Project · silverTonnes: 136500000Grade: 1.98Grade Unit: g/tContained Metal: 8700000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 1.98
- Grade Unit
- g/t
- Contained Metal
- 8700000
- Contained Unit
- oz
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Measured silver resource adds byproduct value and confidence to the overall project.
Positive factors
- Measured Resource
- Category Upgrade
Evidence · table
“1.98”
Context: 136.5
indicatedGaspé Copper Project · copperTonnes: 1697700000Grade: 0.26Grade Unit: %Contained Metal: 9639000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 9639000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off.
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“0.26”
Context: 1,697.7
indicatedGaspé Copper Project · molybdenumTonnes: 1697700000Grade: 0.017Grade Unit: %Contained Metal: 631300000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.017
- Grade Unit
- %
- Contained Metal
- 631300000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource adds significant byproduct value to the project.
Positive factors
- Indicated Resource
- Category Upgrade
Evidence · table
“0.017”
Context: 1,697.7
indicatedGaspé Copper Project · silverTonnes: 1697700000Grade: 1.54Grade Unit: g/tContained Metal: 84100000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 1.54
- Grade Unit
- g/t
- Contained Metal
- 84100000
- Contained Unit
- oz
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated silver resource adds significant byproduct value to the project.
Positive factors
- Indicated Resource
- Category Upgrade
Evidence · table
“1.54”
Context: 1,697.7
indicatedGaspé Copper Project · copperTonnes: 1834200000Grade: 0.27Grade Unit: %Contained Metal: 10766000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 10766000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Overall Measured and Indicated copper resource shows substantial growth in contained metal and tonnage, significantly de-risking the project, despite a lower average grade due to a reduced cut-off.
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
- Tonnage Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“0.27”
Context: 1,834.2
indicatedGaspé Copper Project · molybdenumTonnes: 1834200000Grade: 0.017Grade Unit: %Contained Metal: 673200000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 0.017
- Grade Unit
- %
- Contained Metal
- 673200000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Overall Measured and Indicated molybdenum resource shows significant growth in contained metal, adding substantial byproduct value.
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Evidence · table
“0.017”
Context: 1,834.2
indicatedGaspé Copper Project · silverTonnes: 1834200000Grade: 1.57Grade Unit: g/tContained Metal: 92800000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 1.57
- Grade Unit
- g/t
- Contained Metal
- 92800000
- Contained Unit
- oz
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Overall Measured and Indicated silver resource shows significant growth in contained metal, adding substantial byproduct value.
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Evidence · table
“1.57”
Context: 1,834.2
inferredGaspé Copper Project · copperTonnes: 238800000Grade: 0.41Grade Unit: %Contained Metal: 2158000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 2158000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: New Inferred copper resource adds significant potential for future conversion to higher confidence categories, though it remains speculative.
Positive factors
- Contained Metal Growth
Negative factors
- Inferred Resource
Evidence · table
“0.41”
Context: 238.8
inferredGaspé Copper Project · molybdenumTonnes: 238800000Grade: 0.016Grade Unit: %Contained Metal: 82900000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.016
- Grade Unit
- %
- Contained Metal
- 82900000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource adds potential byproduct value, but requires further drilling to improve confidence.
Negative factors
- Inferred Resource
Evidence · table
“0.016”
Context: 238.8
inferredGaspé Copper Project · silverTonnes: 238800000Grade: 1.88Grade Unit: g/tContained Metal: 14500000Contained Unit: ozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 1.88
- Grade Unit
- g/t
- Contained Metal
- 14500000
- Contained Unit
- oz
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred silver resource adds potential byproduct value, but requires further drilling to improve confidence.
Negative factors
- Inferred Resource
Evidence · table
“1.88”
Context: 238.8
indicatedGaspé Copper Project · copperTonnes: 2342000000Grade: 0.23Grade Unit: %Contained Metal: 12000000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2342000000
- Grade
- 0.23
- Grade Unit
- %
- Contained Metal
- 12000000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.09
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.23”
Context: 2,342
indicatedGaspé Copper Project · molybdenumTonnes: 2342000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2342000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.09
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.014”
Context: 2,342
inferredGaspé Copper Project · copperTonnes: 287000000Grade: 0.36Grade Unit: %Contained Metal: 2264000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 287000000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 2264000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.09
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.36”
Context: 287
inferredGaspé Copper Project · molybdenumTonnes: 287000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 287000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.09
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.014”
Context: 287
indicatedGaspé Copper Project · copperTonnes: 2283000000Grade: 0.24Grade Unit: %Contained Metal: 11893000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2283000000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 11893000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.1
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.24”
Context: 2,283
indicatedGaspé Copper Project · molybdenumTonnes: 2283000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2283000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.1
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.014”
Context: 2,283
inferredGaspé Copper Project · copperTonnes: 280000000Grade: 0.36Grade Unit: %Contained Metal: 2252000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 280000000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 2252000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.1
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.36”
Context: 280
inferredGaspé Copper Project · molybdenumTonnes: 280000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 280000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.1
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.015”
Context: 280
indicatedGaspé Copper Project · copperTonnes: 2218000000Grade: 0.24Grade Unit: %Contained Metal: 11759000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2218000000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 11759000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.11
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.24”
Context: 2,218
indicatedGaspé Copper Project · molybdenumTonnes: 2218000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2218000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.11
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.015”
Context: 2,218
inferredGaspé Copper Project · copperTonnes: 273000000Grade: 0.37Grade Unit: %Contained Metal: 2238000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 273000000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 2238000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.11
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.37”
Context: 273
inferredGaspé Copper Project · molybdenumTonnes: 273000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 273000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.11
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.015”
Context: 273
indicatedGaspé Copper Project · copperTonnes: 2147000000Grade: 0.25Grade Unit: %Contained Metal: 11600000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2147000000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 11600000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.12
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.25”
Context: 2,147
indicatedGaspé Copper Project · molybdenumTonnes: 2147000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2147000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.12
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.015”
Context: 2,147
inferredGaspé Copper Project · copperTonnes: 265000000Grade: 0.38Grade Unit: %Contained Metal: 2222000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 265000000
- Grade
- 0.38
- Grade Unit
- %
- Contained Metal
- 2222000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.12
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.38”
Context: 265
inferredGaspé Copper Project · molybdenumTonnes: 265000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 265000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.12
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.015”
Context: 265
indicatedGaspé Copper Project · copperTonnes: 2070000000Grade: 0.25Grade Unit: %Contained Metal: 11416000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2070000000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 11416000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.13
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.25”
Context: 2,070
indicatedGaspé Copper Project · molybdenumTonnes: 2070000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 2070000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.13
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.015”
Context: 2,070
inferredGaspé Copper Project · copperTonnes: 259000000Grade: 0.39Grade Unit: %Contained Metal: 2208000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 259000000
- Grade
- 0.39
- Grade Unit
- %
- Contained Metal
- 2208000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.13
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.39”
Context: 259
inferredGaspé Copper Project · molybdenumTonnes: 259000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 259000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.13
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.015”
Context: 259
indicatedGaspé Copper Project · copperTonnes: 1993000000Grade: 0.26Grade Unit: %Contained Metal: 11216000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1993000000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 11216000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.14
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.26”
Context: 1,993
indicatedGaspé Copper Project · molybdenumTonnes: 1993000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1993000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.14
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.016”
Context: 1,993
inferredGaspé Copper Project · copperTonnes: 253000000Grade: 0.39Grade Unit: %Contained Metal: 2194000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 253000000
- Grade
- 0.39
- Grade Unit
- %
- Contained Metal
- 2194000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.14
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.39”
Context: 253
inferredGaspé Copper Project · molybdenumTonnes: 253000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 253000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.14
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.015”
Context: 253
indicatedGaspé Copper Project · copperTonnes: 1912000000Grade: 0.26Grade Unit: %Contained Metal: 10995000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1912000000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 10995000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.15
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.26”
Context: 1,912
indicatedGaspé Copper Project · molybdenumTonnes: 1912000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1912000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.15
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.016”
Context: 1,912
inferredGaspé Copper Project · copperTonnes: 246000000Grade: 0.4Grade Unit: %Contained Metal: 2177000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 246000000
- Grade
- 0.4
- Grade Unit
- %
- Contained Metal
- 2177000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.15
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.40”
Context: 246
inferredGaspé Copper Project · molybdenumTonnes: 246000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 246000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.15
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.016”
Context: 246
indicatedGaspé Copper Project · copperTonnes: 1834000000Grade: 0.27Grade Unit: %Contained Metal: 10766000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834000000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 10766000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.27”
Context: 1,834
indicatedGaspé Copper Project · molybdenumTonnes: 1834000000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834000000
- Grade
- 0.017
- Grade Unit
- %
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.017”
Context: 1,834
inferredGaspé Copper Project · copperTonnes: 239000000Grade: 0.41Grade Unit: %Contained Metal: 2158000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 239000000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 2158000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.41”
Context: 239
inferredGaspé Copper Project · molybdenumTonnes: 239000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 239000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.16
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.016”
Context: 239
indicatedGaspé Copper Project · copperTonnes: 1755000000Grade: 0.27Grade Unit: %Contained Metal: 10522000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1755000000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 10522000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.17
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.27”
Context: 1,755
indicatedGaspé Copper Project · molybdenumTonnes: 1755000000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1755000000
- Grade
- 0.017
- Grade Unit
- %
- Cutoff Grade
- 0.17
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.017”
Context: 1,755
inferredGaspé Copper Project · copperTonnes: 231000000Grade: 0.42Grade Unit: %Contained Metal: 2136000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 231000000
- Grade
- 0.42
- Grade Unit
- %
- Contained Metal
- 2136000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.17
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.42”
Context: 231
inferredGaspé Copper Project · molybdenumTonnes: 231000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 231000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.17
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.016”
Context: 231
indicatedGaspé Copper Project · copperTonnes: 1676000000Grade: 0.28Grade Unit: %Contained Metal: 10266000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1676000000
- Grade
- 0.28
- Grade Unit
- %
- Contained Metal
- 10266000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.18
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.28”
Context: 1,676
indicatedGaspé Copper Project · molybdenumTonnes: 1676000000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1676000000
- Grade
- 0.017
- Grade Unit
- %
- Cutoff Grade
- 0.18
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.017”
Context: 1,676
inferredGaspé Copper Project · copperTonnes: 224000000Grade: 0.43Grade Unit: %Contained Metal: 2116000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 224000000
- Grade
- 0.43
- Grade Unit
- %
- Contained Metal
- 2116000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.18
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.43”
Context: 224
inferredGaspé Copper Project · molybdenumTonnes: 224000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 224000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.18
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.016”
Context: 224
indicatedGaspé Copper Project · copperTonnes: 1597000000Grade: 0.28Grade Unit: %Contained Metal: 9997000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1597000000
- Grade
- 0.28
- Grade Unit
- %
- Contained Metal
- 9997000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.19
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.28”
Context: 1,597
indicatedGaspé Copper Project · molybdenumTonnes: 1597000000Grade: 0.018Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1597000000
- Grade
- 0.018
- Grade Unit
- %
- Cutoff Grade
- 0.19
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.018”
Context: 1,597
inferredGaspé Copper Project · copperTonnes: 217000000Grade: 0.44Grade Unit: %Contained Metal: 2094000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 217000000
- Grade
- 0.44
- Grade Unit
- %
- Contained Metal
- 2094000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.19
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.44”
Context: 217
inferredGaspé Copper Project · molybdenumTonnes: 217000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 217000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.19
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.016”
Context: 217
indicatedGaspé Copper Project · copperTonnes: 1517000000Grade: 0.29Grade Unit: %Contained Metal: 9715000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1517000000
- Grade
- 0.29
- Grade Unit
- %
- Contained Metal
- 9715000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.2
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Large Indicated copper resource at a lower cut-off grade, showing significant contained metal but with a lower average grade.
Positive factors
- Indicated Resource
- Contained Metal Growth
Negative factors
- Grade Decline
- Cut-off Lowered
Evidence · table
“0.29”
Context: 1,517
indicatedGaspé Copper Project · molybdenumTonnes: 1517000000Grade: 0.018Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1517000000
- Grade
- 0.018
- Grade Unit
- %
- Cutoff Grade
- 0.2
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Indicated molybdenum resource at a lower cut-off grade, contributing byproduct value.
Positive factors
- Indicated Resource
Negative factors
- Cut-off Lowered
Evidence · table
“0.018”
Context: 1,517
inferredGaspé Copper Project · copperTonnes: 208000000Grade: 0.45Grade Unit: %Contained Metal: 2068000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 208000000
- Grade
- 0.45
- Grade Unit
- %
- Contained Metal
- 2068000000
- Contained Unit
- lbs
- Cutoff Grade
- 0.2
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred copper resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.45”
Context: 208
inferredGaspé Copper Project · molybdenumTonnes: 208000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 208000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.2
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Inferred molybdenum resource at a lower cut-off grade, providing potential but requiring further drilling to improve confidence.
Negative factors
- Inferred Resource
- Cut-off Lowered
Evidence · table
“0.016”
Context: 208
measuredcopperTonnes: 136500000Grade: 0.37Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- OM
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.37
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: High confidence Measured resource with significant contained copper, contributing to overall resource growth and de-risking. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Measured Resource
- Category Upgrade
- Contained Metal Growth
Evidence · table
“0.37”
Context: 136.5
measuredmoTonnes: 136500000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Commodity
- mo
- Ticker
- OM
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.014
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: High confidence Measured resource with significant contained copper, contributing to overall resource growth and de-risking. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Measured Resource
- Category Upgrade
- Contained Metal Growth
Evidence · table
“0.014”
Context: 136.5
measuredsilverTonnes: 136500000Grade: 1.98Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- OM
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 1.98
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: High confidence Measured resource with significant contained copper, contributing to overall resource growth and de-risking. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Measured Resource
- Category Upgrade
- Contained Metal Growth
Evidence · table
“1.98”
Context: 136.5
indicatedcopperTonnes: 1697700000Grade: 0.26Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.26
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“0.26”
Context: 1,697.7
indicatedmoTonnes: 1697700000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Commodity
- mo
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.017
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“0.017”
Context: 1,697.7
indicatedsilverTonnes: 1697700000Grade: 1.54Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 1.54
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“1.54”
Context: 1,697.7
indicatedcopperTonnes: 1834200000Grade: 0.27Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 0.27
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“0.27”
Context: 1,834.2
indicatedmoTonnes: 1834200000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Commodity
- mo
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 0.017
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“0.017”
Context: 1,834.2
indicatedsilverTonnes: 1834200000Grade: 1.57Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- OM
Resource Data
- Category
- indicated
- Tonnes
- 1834200000
- Grade
- 1.57
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Significant Indicated copper resource with substantial contained metal, representing a major increase in confidence and scale, despite a lower average grade due to reduced cut-off. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Indicated Resource
- Category Upgrade
- Contained Metal Growth
Negative factors
- Grade Decline
- Dilutive Growth
Evidence · table
“1.57”
Context: 1,834.2
inferredcopperTonnes: 238800000Grade: 0.41Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.41
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: New Inferred copper resource adds significant potential for future conversion to higher confidence categories, though it remains speculative. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Contained Metal Growth
Negative factors
- Inferred Resource
Evidence · table
“0.41”
Context: 238.8
inferredmoTonnes: 238800000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Commodity
- mo
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.016
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: New Inferred copper resource adds significant potential for future conversion to higher confidence categories, though it remains speculative. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Contained Metal Growth
Negative factors
- Inferred Resource
Evidence · table
“0.016”
Context: 238.8
inferredsilverTonnes: 238800000Grade: 1.88Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- OM
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 1.88
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: New Inferred copper resource adds significant potential for future conversion to higher confidence categories, though it remains speculative. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Contained Metal Growth
Negative factors
- Inferred Resource
Evidence · table
“1.88”
Context: 238.8
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.