Osisko Metals Announces Significant Increase in Mineral Resources at Gaspé Copper
Original announcement by orestocks on
- Company
- Osisko Metals
- Ticker
- OM
- Exchange
- TSX
- Region
- Eastern Quebec
- Primary commodity
- Copper
- Secondary commodities
- Molybdenum, Silver
- Document categories
- Resource update
- Extracted
- 2026-10-01 04:22:55 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Osisko Metals announced a significant update to the Mineral Resource Estimate for its Gaspé Copper Project in Quebec, reporting 1.83 billion tonnes at 0.27% Cu (0.32% CuEq) in the 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 M&I copper metal content over the previous estimate, outlining 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 Mineral Resource Estimate for Gaspé Copper shows a substantial 119% increase in Measured and Indicated copper metal content, positioning it as one of North America's largest undeveloped copper-molybdenum deposits, backed by NI 43-101 compliance and QP sign-off, despite a portion remaining Inferred and a lowered cut-off grade for optimization.
Positive factors
- Significant increase in Measured and Indicated copper metal content (119%)
- Project outlines one of the largest undeveloped copper-molybdenum deposits in North America
- Conversion of Inferred resources to Measured and Indicated categories
- NI 43-101 compliant and signed off by Qualified Persons
- Future drill programs planned to further expand and upgrade resources
Negative factors
- Significant portion of the resource remains in the Inferred category
- Cut-off grade was lowered for pit optimization, which can inflate tonnage
- No economic evaluation of these Mineral Resources has been produced
Facts used in scoring: 66
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 M&I Resource represents a 119% increase in copper metal content over the previously reported Indicated Resource.
Evidence · text
“The updated M&I Resource represents a 119% increase in copper metal content over the previously reported Indicated Resource”
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.
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 Mineral Resource Estimate has been prepared and approved by independent qualified persons: Pierre-Luc Richard, P.Geo., François Le Moal, P.Eng., and Christian Laroche, P.Eng.
Evidence · text
“The Mineral Resource Estimate and other scientific and technical information in this news release has been prepared and approved by independent qualified persons for purposes of NI 43-101: Pierre-Luc Richard, P.Geo., of PLR Resources Inc. with contributions from François Le Moal, P.Eng., of G-Mining for cut-off grade and Pit shell optimization, and Christian Laroche, P.Eng., from Synectiq, for metallurgical parameters.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The mineral resources disclosed in this news release 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 Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: The mathematical lower cut-off grade for pit shell optimization was reduced from 0.12% Cu to 0.09% CuEq.
Evidence · text
“Reduction of cut-off grade from 0.12% Cu to 0.09% CuEq”
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.
Evidence · text
“Osisko Metals Announces Significant Increase in Mineral Resources at Gaspé Copper”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The MRE includes a Measured category for copper, molybdenum, and silver.
Evidence · table
“Measured”
Context: 136.5
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The MRE includes an Indicated category for copper, molybdenum, and silver.
Evidence · table
“Indicated”
Context: 1,697.7
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The MRE includes an Inferred category for copper, molybdenum, and silver.
Evidence · table
“Inferred”
Context: 238.8
Extracted facts
Stored fact records: 66. Some facts used in scoring do not have a stored record.
Resource Estimates (66)
measuredGaspé Copper Project · copperTonnes: 136500000Grade: 0.37Grade Unit: %Contained Metal: 512Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:fd99287142bfb589878e
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 512
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Measured resource provides high confidence tonnage and grade for copper, contributing positively to the overall resource update and project de-risking.
Positive factors
- High confidence Measured category
- Good grade for a porphyry copper deposit
- Contributes to overall significant resource increase
Evidence · table
“0.37”
Context: 136.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredGaspé Copper Project · molybdenumTonnes: 136500000Grade: 0.014Grade Unit: %Contained Metal: 19Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:fd99287142bfb589878e
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 0.014
- Grade Unit
- %
- Contained Metal
- 19
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in the Measured category provides additional byproduct value, enhancing the overall project economics.
Positive factors
- Adds byproduct value to the Measured resource
- Contributes to the overall contained metal
Evidence · table
“0.014”
Context: 136.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredGaspé Copper Project · silverTonnes: 136500000Grade: 1.98Grade Unit: g/tContained Metal: 8.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:fd99287142bfb589878e
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 136500000
- Grade
- 1.98
- Grade Unit
- g/t
- Contained Metal
- 8.7
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Silver in the Measured category provides additional byproduct value, enhancing the overall project economics.
Positive factors
- Adds byproduct value to the Measured resource
- Contributes to the overall contained metal
Evidence · table
“1.98”
Context: 136.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1697700000Grade: 0.26Grade Unit: %Contained Metal: 4373Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:1701aea6e315075024ba
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 4373
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Contained Metal
- 2230
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Indicated copper resource shows a substantial increase in contained metal, significantly de-risking the project and demonstrating strong growth in a high-confidence category.
Positive factors
- Significant increase in contained copper (119%) over previous Indicated Resource
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
- Conversion of Inferred to Indicated category
Evidence · table
“0.26”
Context: 1,697.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 4373 against 2230 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1697700000Grade: 0.017Grade Unit: %Contained Metal: 286.4Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:b7b477b1dbd4869af43c
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 0.017
- Grade Unit
- %
- Contained Metal
- 286.4
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in the Indicated category provides substantial byproduct value, enhancing the overall project economics and resource scale.
Positive factors
- Adds significant byproduct value to the Indicated resource
- Contributes to the overall contained metal
Evidence · table
“0.017”
Context: 1,697.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · silverTonnes: 1697700000Grade: 1.54Grade Unit: g/tContained Metal: 84.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:b7b477b1dbd4869af43c
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1697700000
- Grade
- 1.54
- Grade Unit
- g/t
- Contained Metal
- 84.1
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Silver in the Indicated category provides substantial byproduct value, enhancing the overall project economics and resource scale.
Positive factors
- Adds significant byproduct value to the Indicated resource
- Contributes to the overall contained metal
Evidence · table
“1.54”
Context: 1,697.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 238800000Grade: 0.41Grade Unit: %Contained Metal: 979Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:2b3adcac5b09aa55c83f
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 979
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Metal Eq. Grade
- 0.46
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Inferred copper resource adds substantial potential for future growth, but its lower confidence category means it cannot yet support economic studies.
Positive factors
- Adds significant potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
Evidence · table
“0.41”
Context: 238.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 238800000Grade: 0.016Grade Unit: %Contained Metal: 37.6Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:2b3adcac5b09aa55c83f
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 0.016
- Grade Unit
- %
- Contained Metal
- 37.6
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in the Inferred category provides additional byproduct potential, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
- Contributes to the overall contained metal
Negative factors
- Lower confidence Inferred category
Evidence · table
“0.016”
Context: 238.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · silverTonnes: 238800000Grade: 1.88Grade Unit: g/tContained Metal: 14.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:2b3adcac5b09aa55c83f
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 238800000
- Grade
- 1.88
- Grade Unit
- g/t
- Contained Metal
- 14.5
- Contained Unit
- moz
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Silver in the Inferred category provides additional byproduct potential, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
- Contributes to the overall contained metal
Negative factors
- Lower confidence Inferred category
Evidence · table
“1.88”
Context: 238.8
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 2342000000Grade: 0.23Grade Unit: %Contained Metal: 5444Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:ba17756588f211293f06
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2342000000
- Grade
- 0.23
- Grade Unit
- %
- Contained Metal
- 5444
- Contained Unit
- kt
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.23”
Context: 2,342
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.09 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 2342000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:ba17756588f211293f06
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2342000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.014”
Context: 2,342
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.09 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 287000000Grade: 0.36Grade Unit: %Contained Metal: 1027Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f8d7f4531ed3709dce3f
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 287000000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 1027
- Contained Unit
- kt
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.36”
Context: 287
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.09 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 287000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f8d7f4531ed3709dce3f
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 287000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.09
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.014”
Context: 287
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.09 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 2283000000Grade: 0.24Grade Unit: %Contained Metal: 5396Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:8d4d27dbf335eae0abe4
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2283000000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 5396
- Contained Unit
- kt
- Cutoff Grade
- 0.1
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.24”
Context: 2,283
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.1 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 2283000000Grade: 0.014Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:8d4d27dbf335eae0abe4
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2283000000
- Grade
- 0.014
- Grade Unit
- %
- Cutoff Grade
- 0.1
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.014”
Context: 2,283
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.1 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 280000000Grade: 0.36Grade Unit: %Contained Metal: 1022Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:3b395f9553b2a87a4e70
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 280000000
- Grade
- 0.36
- Grade Unit
- %
- Contained Metal
- 1022
- Contained Unit
- kt
- Cutoff Grade
- 0.1
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.36”
Context: 280
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.1 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 280000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:3b395f9553b2a87a4e70
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 280000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.1
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 280
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.1 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 2218000000Grade: 0.24Grade Unit: %Contained Metal: 5335Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f8cdb75bbe983ffe9de2
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2218000000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 5335
- Contained Unit
- kt
- Cutoff Grade
- 0.11
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.24”
Context: 2,218
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.11 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 2218000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f8cdb75bbe983ffe9de2
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2218000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.11
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 2,218
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.11 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 273000000Grade: 0.37Grade Unit: %Contained Metal: 1015Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:2e4d3ef281fa09a9642a
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 273000000
- Grade
- 0.37
- Grade Unit
- %
- Contained Metal
- 1015
- Contained Unit
- kt
- Cutoff Grade
- 0.11
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.37”
Context: 273
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.11 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 273000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:2e4d3ef281fa09a9642a
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 273000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.11
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 273
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Cut-off Lowerednegative
Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
Why it applies: 0.11 against 0.12 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 2147000000Grade: 0.25Grade Unit: %Contained Metal: 5263Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:49acd2289b4d421e6f6b
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2147000000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 5263
- Contained Unit
- kt
- Cutoff Grade
- 0.12
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.25”
Context: 2,147
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 2147000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:49acd2289b4d421e6f6b
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2147000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.12
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 2,147
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 265000000Grade: 0.38Grade Unit: %Contained Metal: 1008Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:13e60a08f1321f754f57
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 265000000
- Grade
- 0.38
- Grade Unit
- %
- Contained Metal
- 1008
- Contained Unit
- kt
- Cutoff Grade
- 0.12
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.38”
Context: 265
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 265000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:13e60a08f1321f754f57
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 265000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.12
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 265
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 2070000000Grade: 0.25Grade Unit: %Contained Metal: 5180Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:c80e3e30a8cf0b91602d
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2070000000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 5180
- Contained Unit
- kt
- Cutoff Grade
- 0.13
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.25”
Context: 2,070
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 2070000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:c80e3e30a8cf0b91602d
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 2070000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.13
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 2,070
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 259000000Grade: 0.39Grade Unit: %Contained Metal: 1002Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f3cd1f2e2f4d2fc63b3d
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 259000000
- Grade
- 0.39
- Grade Unit
- %
- Contained Metal
- 1002
- Contained Unit
- kt
- Cutoff Grade
- 0.13
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.39”
Context: 259
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 259000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f3cd1f2e2f4d2fc63b3d
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 259000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.13
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 259
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1993000000Grade: 0.26Grade Unit: %Contained Metal: 5089Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:b60571f1598cdddc7b84
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1993000000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 5089
- Contained Unit
- kt
- Cutoff Grade
- 0.14
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.26”
Context: 1,993
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1993000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:b60571f1598cdddc7b84
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1993000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.14
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 1,993
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 253000000Grade: 0.39Grade Unit: %Contained Metal: 995Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:93a4ff9c748cf53072ce
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 253000000
- Grade
- 0.39
- Grade Unit
- %
- Contained Metal
- 995
- Contained Unit
- kt
- Cutoff Grade
- 0.14
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.39”
Context: 253
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 253000000Grade: 0.015Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:93a4ff9c748cf53072ce
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 253000000
- Grade
- 0.015
- Grade Unit
- %
- Cutoff Grade
- 0.14
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.015”
Context: 253
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1912000000Grade: 0.26Grade Unit: %Contained Metal: 4989Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:79a9078861bd5433947d
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1912000000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 4989
- Contained Unit
- kt
- Cutoff Grade
- 0.15
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.26”
Context: 1,912
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1912000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:79a9078861bd5433947d
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1912000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.15
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 1,912
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 246000000Grade: 0.4Grade Unit: %Contained Metal: 988Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:04cfaf94424e6e5c4c3e
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 246000000
- Grade
- 0.4
- Grade Unit
- %
- Contained Metal
- 988
- Contained Unit
- kt
- Cutoff Grade
- 0.15
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.40”
Context: 246
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 246000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:04cfaf94424e6e5c4c3e
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 246000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.15
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 246
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1834000000Grade: 0.27Grade Unit: %Contained Metal: 4885Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:7b91b57191fb98f3bf43
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1834000000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 4885
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.27”
Context: 1,834
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1834000000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:7b91b57191fb98f3bf43
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1834000000
- Grade
- 0.017
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.017”
Context: 1,834
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 239000000Grade: 0.41Grade Unit: %Contained Metal: 979.3Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:565d0e45309c7a3c02ad
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 239000000
- Grade
- 0.41
- Grade Unit
- %
- Contained Metal
- 979.3
- Contained Unit
- kt
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.41”
Context: 239
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 239000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:565d0e45309c7a3c02ad
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 239000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 239
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1755000000Grade: 0.27Grade Unit: %Contained Metal: 4774Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:36761e0efa87c34f2187
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1755000000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 4774
- Contained Unit
- kt
- Cutoff Grade
- 0.17
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.27”
Context: 1,755
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1755000000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:36761e0efa87c34f2187
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1755000000
- Grade
- 0.017
- Grade Unit
- %
- Cutoff Grade
- 0.17
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.017”
Context: 1,755
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 231000000Grade: 0.42Grade Unit: %Contained Metal: 969Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:0149305ea4fa2ae24d87
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 231000000
- Grade
- 0.42
- Grade Unit
- %
- Contained Metal
- 969
- Contained Unit
- kt
- Cutoff Grade
- 0.17
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.42”
Context: 231
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 231000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:0149305ea4fa2ae24d87
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 231000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.17
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 231
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1676000000Grade: 0.28Grade Unit: %Contained Metal: 4658Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:58802bf546dec55cc317
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1676000000
- Grade
- 0.28
- Grade Unit
- %
- Contained Metal
- 4658
- Contained Unit
- kt
- Cutoff Grade
- 0.18
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.28”
Context: 1,676
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1676000000Grade: 0.017Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:58802bf546dec55cc317
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1676000000
- Grade
- 0.017
- Grade Unit
- %
- Cutoff Grade
- 0.18
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.017”
Context: 1,676
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 224000000Grade: 0.43Grade Unit: %Contained Metal: 960Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:1cf2ad43d30b75f7423a
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 224000000
- Grade
- 0.43
- Grade Unit
- %
- Contained Metal
- 960
- Contained Unit
- kt
- Cutoff Grade
- 0.18
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.43”
Context: 224
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 224000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:1cf2ad43d30b75f7423a
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 224000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.18
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 224
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1597000000Grade: 0.28Grade Unit: %Contained Metal: 4536Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:505a4d00a3570be40bdb
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1597000000
- Grade
- 0.28
- Grade Unit
- %
- Contained Metal
- 4536
- Contained Unit
- kt
- Cutoff Grade
- 0.19
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.28”
Context: 1,597
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1597000000Grade: 0.018Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:505a4d00a3570be40bdb
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1597000000
- Grade
- 0.018
- Grade Unit
- %
- Cutoff Grade
- 0.19
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.018”
Context: 1,597
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 217000000Grade: 0.44Grade Unit: %Contained Metal: 950Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:5326ff8e8b9f37f11b40
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 217000000
- Grade
- 0.44
- Grade Unit
- %
- Contained Metal
- 950
- Contained Unit
- kt
- Cutoff Grade
- 0.19
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.44”
Context: 217
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 217000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:5326ff8e8b9f37f11b40
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 217000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.19
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 217
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 1517000000Grade: 0.29Grade Unit: %Contained Metal: 4408Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:5735c7790be4b79ee614
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1517000000
- Grade
- 0.29
- Grade Unit
- %
- Contained Metal
- 4408
- Contained Unit
- kt
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows a large Indicated copper resource at a lower cut-off, demonstrating significant tonnage potential, though at a slightly lower grade.
Positive factors
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.29”
Context: 1,517
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 1517000000Grade: 0.018Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:5735c7790be4b79ee614
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 1517000000
- Grade
- 0.018
- Grade Unit
- %
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct value to the large Indicated resource, contributing to overall project economics.
Positive factors
- Adds byproduct value to the Indicated resource
Negative factors
- Lower cut-off grade compared to base case
Evidence · table
“0.018”
Context: 1,517
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 208000000Grade: 0.45Grade Unit: %Contained Metal: 938Contained Unit: ktView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f11d9996a3f7663ab29e
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 208000000
- Grade
- 0.45
- Grade Unit
- %
- Contained Metal
- 938
- Contained Unit
- kt
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: This sensitivity case shows additional Inferred copper resource at a lower cut-off, indicating further potential but with lower confidence and grade.
Positive factors
- Adds potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.45”
Context: 208
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 208000000Grade: 0.016Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:f11d9996a3f7663ab29e
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 208000000
- Grade
- 0.016
- Grade Unit
- %
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
- Prior Cutoff Grade
- 0.12
Metal Equivalent
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: Molybdenum in this sensitivity case adds byproduct potential to the Inferred resource, but its lower confidence limits immediate economic impact.
Positive factors
- Adds byproduct value to the Inferred resource
Negative factors
- Lower confidence Inferred category
- Lower cut-off grade compared to base case
Evidence · table
“0.016”
Context: 208
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredGaspé Copper Project · copperTonnes: 11710000Grade: 0.42Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:ef8eb9e17f19ce11f0ff
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 11710000
- Grade
- 0.42
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 136.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Measured resource provides high confidence tonnage and grade for copper, contributing positively to the overall resource update and project de-risking. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Good grade for a porphyry copper deposit
- Contributes to overall significant resource increase
Evidence · table
“0.42”
Context: $11.71
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredGaspé Copper Project · molybdenumTonnes: 11710000Grade: 0.37Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:ef8eb9e17f19ce11f0ff
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 11710000
- Grade
- 0.37
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 136.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Measured resource provides high confidence tonnage and grade for copper, contributing positively to the overall resource update and project de-risking. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Good grade for a porphyry copper deposit
- Contributes to overall significant resource increase
Evidence · table
“0.37”
Context: $11.71
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
measuredGaspé Copper Project · silverTonnes: 11710000Grade: 0.014Grade Unit: g/tView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:ef8eb9e17f19ce11f0ff
- Mining method
- open_pit
Resource Data
- Category
- measured
- Tonnes
- 11710000
- Grade
- 0.014
- Grade Unit
- g/t
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 136.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Measured resource provides high confidence tonnage and grade for copper, contributing positively to the overall resource update and project de-risking. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category
- Good grade for a porphyry copper deposit
- Contributes to overall significant resource increase
Evidence · table
“0.014”
Context: $11.71
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · copperTonnes: 11710000Grade: 0.32Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:19242812bf59ce8aac97
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 11710000
- Grade
- 0.32
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 1834.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Indicated copper resource shows a substantial increase in contained metal, significantly de-risking the project and demonstrating strong growth in a high-confidence category. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant increase in contained copper (119%) over previous Indicated Resource
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
- Conversion of Inferred to Indicated category
Evidence · table
“0.32”
Context: $ 11.71
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · molybdenumTonnes: 11710000Grade: 0.27Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:19242812bf59ce8aac97
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 11710000
- Grade
- 0.27
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 1834.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Indicated copper resource shows a substantial increase in contained metal, significantly de-risking the project and demonstrating strong growth in a high-confidence category. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant increase in contained copper (119%) over previous Indicated Resource
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
- Conversion of Inferred to Indicated category
Evidence · table
“0.27”
Context: $ 11.71
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGaspé Copper Project · silverTonnes: 11710000Grade: 0.017Grade Unit: g/tView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:19242812bf59ce8aac97
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Tonnes
- 11710000
- Grade
- 0.017
- Grade Unit
- g/t
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 1834.2
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Indicated copper resource shows a substantial increase in contained metal, significantly de-risking the project and demonstrating strong growth in a high-confidence category. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant increase in contained copper (119%) over previous Indicated Resource
- Large tonnage in the Indicated category
- Good grade for a porphyry copper deposit
- Conversion of Inferred to Indicated category
Evidence · table
“0.017”
Context: $ 11.71
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · copperTonnes: 11710000Grade: 0.46Grade Unit: %Historical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- copper
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:89aeef70ea3488265ed4
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 11710000
- Grade
- 0.46
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 238.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Inferred copper resource adds substantial potential for future growth, but its lower confidence category means it cannot yet support economic studies. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds significant potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
Evidence · table
“0.46”
Context: $11.71
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · molybdenumTonnes: 11710000Grade: 0.41Grade Unit: %View all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- molybdenum
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:89aeef70ea3488265ed4
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 11710000
- Grade
- 0.41
- Grade Unit
- %
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 238.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Inferred copper resource adds substantial potential for future growth, but its lower confidence category means it cannot yet support economic studies. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds significant potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
Evidence · table
“0.41”
Context: $11.71
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredGaspé Copper Project · silverTonnes: 11710000Grade: 0.016Grade Unit: g/tView all detailsHide details
Identity
- Project
- Gaspé Copper Project
- Commodity
- silver
- Region
- canada_qc
- Reported Region
- Eastern Quebec
- Ticker
- OM
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Pierre-Luc Richard, François Le Moal, Christian Laroche
- Resource group id
- resource:89aeef70ea3488265ed4
- Mining method
- open_pit
Resource Data
- Category
- inferred
- Tonnes
- 11710000
- Grade
- 0.016
- Grade Unit
- g/t
- Cutoff Grade
- 0.16
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2026-01-17
Metal Equivalent
- Metal Eq. Grade
- 238.8
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Lab
- Laboratory
- ALS Canada Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-04-14T00:00:00.000Z
Reasoning: The Inferred copper resource adds substantial potential for future growth, but its lower confidence category means it cannot yet support economic studies. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Adds significant potential for future resource growth
- Good grade for a porphyry copper deposit
Negative factors
- Lower confidence Inferred category
Evidence · table
“0.016”
Context: $11.71
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
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: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.