Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2026
Original announcement by orestocks on
- Company
- Pan American Silver
- Ticker
- PAAS.TO
- Exchange
- Unavailable
- Region
- Unavailable
- Primary commodity
- Silver
- Secondary commodities
- Gold, Zinc, Lead, Copper
- Document categories
- Resource update
- Extracted
- 2026-09-16 22:06:26 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Pan American Silver reported its updated mineral reserves and resources as of June 30, 2026, showing significant growth in silver reserves, exceeding 100% replacement of depletion. The inclusion of the 44% interest in Juanicipio substantially increased the silver reserve base. While exploration success at several mines added to reserves and resources, contained gold in M&I and Inferred resources decreased due to project divestments.
Reasoning: Pan American Silver reported a strong update to its mineral reserves and resources, demonstrating significant growth in silver reserves and successful exploration across its portfolio. The inclusion of Juanicipio was a major positive, though gold resources saw a decline due to divestments. The reporting standards and QA/QC are robust.
Positive factors
- Significant contained metal growth in reserves, replacing over 100% of silver extracted.
- Inclusion of Juanicipio asset significantly boosts silver reserve base.
- Successful exploration at multiple sites (La Colorada, Jacobina, Timmins, Huaron, San Vicente, Cerro Moro, Minera Florida) contributing to reserve and resource additions.
- High reporting standards (NI 43-101 and JORC) with QP/CP sign-off and QA/QC disclosure.
- Increased metal prices improved economics at some projects, allowing for lower cut-off grades and reserve additions.
Negative factors
- Contained gold in M&I and Inferred resources decreased due to divestments, indicating a reduction in the gold resource base.
- Base metal grades and contents are not included in the summary tables, requiring external reference for full picture.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 114
Classification and evidence
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 technical information has been reviewed and approved by Christopher Emerson, FAusIMM., and Christopher Wright P.Geo., who are Qualified Persons for NI 43-101, and Paul Salmenmaki, P.Eng. and Justin Glanvill (SACNASP) reviewed and audited Juanicipio estimates.
Evidence · text
“Technical information contained in this news release with respect to Pan American has been reviewed and approved by Christopher Emerson, FAusIMM., Senior Vice President of Exploration and Geology, and Christopher Wright P.Geo. Vice President of Mineral Resources and Mining Technical Services who are each Qualified Persons for the purposes of NI 43-101.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: Juanicipio resource and reserve estimates were prepared as per the JORC Code and comply with CIM Definition Standards for Mineral Resources and Mineral Reserves as required under NI 43-101.
Evidence · text
“Juanicipio resource and reserve estimates were prepared as per the JORC Code and comply with CIM Definition Standards for Mineral Resources and Mineral Reserves as required under NI 43-101.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: All mineral reserves and mineral resources, with the exception of Juanicipio, have been estimated in accordance with the CIM Definition Standards and reported in accordance with National Instrument 43-101.
Evidence · text
“With the exception of Juanicipio, all other mineral reserves and mineral resources have been estimated in accordance with the CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the "CIM Standards") and reported in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).”
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The company states that all assay data used in resource evaluation has been subjected to industry standard QA/QC programs including certified standards, blanks, and duplicate samples, with results reviewed monthly.
Evidence · text
“All the assay data used in the resource evaluation provided by each of the mines has been subjected to the industry standard quality assurance and quality control ("QA/QC") program including the submission of certified standards, blanks, and duplicate samples. The results are reviewed monthly by management. The results of the QA/QC samples submitted for the resource databases demonstrate acceptable accuracy and precision.”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The company achieved meaningful mineral reserve growth across the operations, replacing over 100% of the silver extracted.
Evidence · text
“We achieved meaningful mineral reserve growth across the operations, replacing over 100% of the silver extracted, while the inclusion of our 44% interest in Juanicipio further increased our silver mineral reserve base,” said Michael Steinmann, President and CEO.”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The inclusion of the 44% interest in Juanicipio significantly increased the silver mineral reserve base.
Evidence · text
“the inclusion of our 44% interest in Juanicipio further increased our silver mineral reserve base”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document reports updated mineral reserves and resources as at June 30, 2026.
Evidence · text
“Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2026”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The document reports a total of 437.0 million ounces of silver and 7.2 million ounces of gold in Inferred mineral resources.
Evidence · text
“Inferred mineral resources are estimated to total approximately 437.0 million ounces of silver and 7.2 million ounces of gold.”
Contained Metal Declinenegative
Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
Why it applies: Contained gold in M&I mineral resources changed from 9,894 thousand ounces to 7,499 thousand ounces, largely due to divestments.
Evidence · text
“Contained gold in M&I mineral resources changed from 9,894 thousand ounces to 7,499 thousand ounces, largely due to the divestment of the La Pepa, Pico Machay and Lavra Velha projects.”
Deleterious Elements Presentnegative · Story-specific tag
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: The summary tables explicitly state that they do not include base metal grades or contents, implying that base metals (zinc, lead, copper) are present but not detailed in this summary.
Evidence · text
“This summary table does not include base metal grades or contents. Please refer to the Reserves & Resources page on Pan American’s website for a more complete table, including zinc, lead and copper grades and contents.”
Extracted facts
Stored fact records: 114. Some facts used in scoring do not have a stored record.
Resource Estimates (114)
provenLa Colorada · silverTonnes: 3600000Grade: 325Grade Unit: g/tContained Metal: 37.3Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:29b1e3e3748851c97f76
Resource Data
- Category
- proven
- Tonnes
- 3600000
- Grade
- 325
- Grade Unit
- g/t
- Contained Metal
- 37.3
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada shows a strong proven silver reserve with high grade and substantial contained metal, contributing positively to the overall reserve base.
Positive factors
- High silver grade for a proven reserve.
- Significant contained silver ounces.
Evidence · table
“325”
Context: 3.6
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenLa Colorada · goldTonnes: 3600000Grade: 0.23Grade Unit: g/tContained Metal: 26Contained Unit: kozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:29b1e3e3748851c97f76
Resource Data
- Category
- proven
- Tonnes
- 3600000
- Grade
- 0.23
- Grade Unit
- g/t
- Contained Metal
- 26
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at La Colorada's proven reserve is relatively low, suggesting it's a byproduct rather than a primary focus.
Negative factors
- Low gold grade for a proven reserve.
Evidence · table
“0.23”
Context: 3.6
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableLa Colorada · silverTonnes: 7000000Grade: 252Grade Unit: g/tContained Metal: 56.9Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:e83c7f78b51022480269
Resource Data
- Category
- probable
- Tonnes
- 7000000
- Grade
- 252
- Grade Unit
- g/t
- Contained Metal
- 56.9
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada's probable silver reserves show good grade and substantial contained metal, adding to the overall reserve base.
Positive factors
- Strong silver grade and significant contained metal in probable reserves.
Evidence · table
“252”
Context: 7.0
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableLa Colorada · goldTonnes: 7000000Grade: 0.24Grade Unit: g/tContained Metal: 55Contained Unit: kozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:e83c7f78b51022480269
Resource Data
- Category
- probable
- Tonnes
- 7000000
- Grade
- 0.24
- Grade Unit
- g/t
- Contained Metal
- 55
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at La Colorada's probable reserve is low, indicating it's a minor component.
Negative factors
- Low gold grade for a probable reserve.
Evidence · table
“0.24”
Context: 7.0
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenJuanicipio · silverTonnes: 1000000Grade: 410Grade Unit: g/tContained Metal: 13.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9e00f993b7fbd7da5dd1
- Ownership percent
- 44 %
Resource Data
- Category
- proven
- Tonnes
- 1000000
- Grade
- 410
- Grade Unit
- g/t
- Contained Metal
- 13.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's proven silver reserve is exceptionally high-grade and contributes significantly to the company's overall silver inventory, with JORC and NI 43-101 compliance.
Positive factors
- Very high silver grade for a proven reserve.
- Significant contained silver ounces.
- Inclusion of Juanicipio is a major positive for the company's silver reserves.
Evidence · table
“410”
Context: 1.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
provenJuanicipio · goldTonnes: 1000000Grade: 1.3Grade Unit: g/tContained Metal: 43Contained Unit: kozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9e00f993b7fbd7da5dd1
- Ownership percent
- 44 %
Resource Data
- Category
- proven
- Tonnes
- 1000000
- Grade
- 1.3
- Grade Unit
- g/t
- Contained Metal
- 43
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's proven gold reserve shows a good grade, contributing to the overall gold inventory.
Positive factors
- Good gold grade for a proven reserve.
Evidence · table
“1.30”
Context: 1.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
probableJuanicipio · silverTonnes: 8199999.999999999Grade: 169Grade Unit: g/tContained Metal: 44.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:3c0ac8f20f9a9daaebd3
- Ownership percent
- 44 %
Resource Data
- Category
- probable
- Tonnes
- 8199999.999999999
- Grade
- 169
- Grade Unit
- g/t
- Contained Metal
- 44.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's probable silver reserve is high-grade and adds substantial contained metal, bolstering the company's silver inventory.
Positive factors
- High silver grade and significant contained metal in probable reserves.
- Inclusion of Juanicipio is a major positive for the company's silver reserves.
Evidence · table
“169”
Context: 8.2
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
probableJuanicipio · goldTonnes: 8199999.999999999Grade: 1.41Grade Unit: g/tContained Metal: 373Contained Unit: kozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:3c0ac8f20f9a9daaebd3
- Ownership percent
- 44 %
Resource Data
- Category
- probable
- Tonnes
- 8199999.999999999
- Grade
- 1.41
- Grade Unit
- g/t
- Contained Metal
- 373
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's probable gold reserve shows a good grade and substantial contained gold, contributing positively to the gold inventory.
Positive factors
- Good gold grade and significant contained gold ounces in probable reserves.
Evidence · table
“1.41”
Context: 8.2
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
provenHuaron · silverTonnes: 4500000Grade: 138Grade Unit: g/tContained Metal: 19.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Huaron
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:acb5398c94d6587da329
Resource Data
- Category
- proven
- Tonnes
- 4500000
- Grade
- 138
- Grade Unit
- g/t
- Contained Metal
- 19.8
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Huaron's proven silver reserve is a solid contributor to the company's silver inventory, with good grade and contained metal.
Positive factors
- Good silver grade and contained metal for a proven reserve.
Evidence · table
“138”
Context: 4.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableHuaron · silverTonnes: 5500000Grade: 129Grade Unit: g/tContained Metal: 22.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Huaron
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:cf0a0fddc04d9e3b0f92
Resource Data
- Category
- probable
- Tonnes
- 5500000
- Grade
- 129
- Grade Unit
- g/t
- Contained Metal
- 22.8
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Huaron's probable silver reserve provides a good contribution to the company's silver inventory, with solid grade and contained metal.
Positive factors
- Good silver grade and contained metal for a probable reserve.
Evidence · table
“129”
Context: 5.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenCerro Moro · silverTonnes: 300000Grade: 199Grade Unit: g/tContained Metal: 1.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0fa1a7f4148dd7877e32
Resource Data
- Category
- proven
- Tonnes
- 300000
- Grade
- 199
- Grade Unit
- g/t
- Contained Metal
- 1.9
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's proven silver reserve has a high grade, contributing to the overall silver inventory, though the tonnage is smaller.
Positive factors
- High silver grade for a proven reserve.
Evidence · table
“199”
Context: 0.3
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenCerro Moro · goldTonnes: 300000Grade: 5.27Grade Unit: g/tContained Metal: 50Contained Unit: kozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0fa1a7f4148dd7877e32
Resource Data
- Category
- proven
- Tonnes
- 300000
- Grade
- 5.27
- Grade Unit
- g/t
- Contained Metal
- 50
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's proven gold reserve has a high grade, making it a valuable contributor to the gold inventory despite smaller tonnage.
Positive factors
- High gold grade for a proven reserve.
Evidence · table
“5.27”
Context: 0.3
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableCerro Moro · silverTonnes: 800000Grade: 181Grade Unit: g/tContained Metal: 4.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9ef2791c084f0c91143a
Resource Data
- Category
- probable
- Tonnes
- 800000
- Grade
- 181
- Grade Unit
- g/t
- Contained Metal
- 4.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's probable silver reserve maintains a high grade, contributing to the silver inventory.
Positive factors
- High silver grade for a probable reserve.
Evidence · table
“181”
Context: 0.8
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableCerro Moro · goldTonnes: 800000Grade: 4.31Grade Unit: g/tContained Metal: 112Contained Unit: kozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9ef2791c084f0c91143a
Resource Data
- Category
- probable
- Tonnes
- 800000
- Grade
- 4.31
- Grade Unit
- g/t
- Contained Metal
- 112
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's probable gold reserve shows a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for a probable reserve.
Evidence · table
“4.31”
Context: 0.8
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenSan Vicente · silverTonnes: 1300000Grade: 243Grade Unit: g/tContained Metal: 10.4Contained Unit: mozView all detailsHide details
Identity
- Project
- San Vicente
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:04899a026a8245b82365
- Ownership percent
- 95 %
Resource Data
- Category
- proven
- Tonnes
- 1300000
- Grade
- 243
- Grade Unit
- g/t
- Contained Metal
- 10.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: San Vicente's proven silver reserve is a strong contributor with high grade and good contained metal.
Positive factors
- High silver grade and good contained metal for a proven reserve.
Evidence · table
“243”
Context: 1.3
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableSan Vicente · silverTonnes: 400000Grade: 249Grade Unit: g/tContained Metal: 2.8Contained Unit: mozView all detailsHide details
Identity
- Project
- San Vicente
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:c4b16fb6648878bfa53a
- Ownership percent
- 95 %
Resource Data
- Category
- probable
- Tonnes
- 400000
- Grade
- 249
- Grade Unit
- g/t
- Contained Metal
- 2.8
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: San Vicente's probable silver reserve maintains a high grade, contributing to the silver inventory despite smaller tonnage.
Positive factors
- High silver grade for a probable reserve.
Evidence · table
“249”
Context: 0.4
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenEscobal · silverTonnes: 2500000Grade: 486Grade Unit: g/tContained Metal: 39.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- silver
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:a2e4e44a25880464b8b8
Resource Data
- Category
- proven
- Tonnes
- 2500000
- Grade
- 486
- Grade Unit
- g/t
- Contained Metal
- 39.5
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Escobal's proven silver reserve is exceptionally high-grade and contributes significantly to the company's silver inventory.
Positive factors
- Exceptionally high silver grade for a proven reserve.
- Significant contained silver ounces.
Evidence · table
“486”
Context: 2.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenEscobal · goldTonnes: 2500000Grade: 0.42Grade Unit: g/tContained Metal: 34Contained Unit: kozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- gold
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:a2e4e44a25880464b8b8
Resource Data
- Category
- proven
- Tonnes
- 2500000
- Grade
- 0.42
- Grade Unit
- g/t
- Contained Metal
- 34
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at Escobal's proven reserve is low, indicating it's a minor byproduct.
Negative factors
- Low gold grade for a proven reserve.
Evidence · table
“0.42”
Context: 2.5
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableEscobal · silverTonnes: 22100000Grade: 316Grade Unit: g/tContained Metal: 225Contained Unit: mozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- silver
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:16ea79c3dabfc8a6f2b1
Resource Data
- Category
- probable
- Tonnes
- 22100000
- Grade
- 316
- Grade Unit
- g/t
- Contained Metal
- 225
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Escobal's probable silver reserve is exceptionally high-grade and represents a very substantial portion of the company's silver inventory.
Positive factors
- Exceptionally high silver grade and very significant contained metal for a probable reserve.
Evidence · table
“316”
Context: 22.1
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableEscobal · goldTonnes: 22100000Grade: 0.34Grade Unit: g/tContained Metal: 244Contained Unit: kozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- gold
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:16ea79c3dabfc8a6f2b1
Resource Data
- Category
- probable
- Tonnes
- 22100000
- Grade
- 0.34
- Grade Unit
- g/t
- Contained Metal
- 244
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at Escobal's probable reserve is low, indicating it's a minor byproduct.
Negative factors
- Low gold grade for a probable reserve.
Evidence · table
“0.34”
Context: 22.1
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenJacobina · goldTonnes: 14100000Grade: 1.71Grade Unit: g/tContained Metal: 778Contained Unit: kozView all detailsHide details
Identity
- Project
- Jacobina
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:3d388be9bcde54d6cb71
Resource Data
- Category
- proven
- Tonnes
- 14100000
- Grade
- 1.71
- Grade Unit
- g/t
- Contained Metal
- 778
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Jacobina's proven gold reserve is a strong asset with good grade and substantial contained gold.
Positive factors
- Good gold grade and significant contained gold ounces for a proven reserve.
Evidence · table
“1.71”
Context: 14.1
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableJacobina · goldTonnes: 41000000Grade: 1.74Grade Unit: g/tContained Metal: 2295Contained Unit: kozView all detailsHide details
Identity
- Project
- Jacobina
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:bf427817b8e2f935fa5f
Resource Data
- Category
- probable
- Tonnes
- 41000000
- Grade
- 1.74
- Grade Unit
- g/t
- Contained Metal
- 2295
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Jacobina's probable gold reserve is a very strong asset with good grade and substantial contained gold, making it a key contributor.
Positive factors
- Good gold grade and very significant contained gold ounces for a probable reserve.
Evidence · table
“1.74”
Context: 41.0
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenTimmins · goldTonnes: 3700000Grade: 2.8Grade Unit: g/tContained Metal: 334Contained Unit: kozView all detailsHide details
Identity
- Project
- Timmins
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:404b73a31adba6ed2b38
Resource Data
- Category
- proven
- Tonnes
- 3700000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 334
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Timmins' proven gold reserve shows a high grade and good contained gold, making it a valuable asset.
Positive factors
- High gold grade and good contained gold ounces for a proven reserve.
Evidence · table
“2.80”
Context: 3.7
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableTimmins · goldTonnes: 4500000Grade: 2.76Grade Unit: g/tContained Metal: 399Contained Unit: kozView all detailsHide details
Identity
- Project
- Timmins
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:917d39d075af198bbae3
Resource Data
- Category
- probable
- Tonnes
- 4500000
- Grade
- 2.76
- Grade Unit
- g/t
- Contained Metal
- 399
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Timmins' probable gold reserve maintains a high grade and good contained gold, contributing significantly to the gold inventory.
Positive factors
- High gold grade and good contained gold ounces for a probable reserve.
Evidence · table
“2.76”
Context: 4.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenEl Peñon · silverTonnes: 1000000Grade: 169Grade Unit: g/tContained Metal: 5.5Contained Unit: mozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:dbb3a43f88d9a05e31cd
Resource Data
- Category
- proven
- Tonnes
- 1000000
- Grade
- 169
- Grade Unit
- g/t
- Contained Metal
- 5.5
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's proven silver reserve has a high grade, contributing to the silver inventory.
Positive factors
- High silver grade for a proven reserve.
Evidence · table
“169”
Context: 1.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenEl Peñon · goldTonnes: 1000000Grade: 4.28Grade Unit: g/tContained Metal: 140Contained Unit: kozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:dbb3a43f88d9a05e31cd
Resource Data
- Category
- proven
- Tonnes
- 1000000
- Grade
- 4.28
- Grade Unit
- g/t
- Contained Metal
- 140
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's proven gold reserve has a high grade and good contained metal, making it a valuable asset.
Positive factors
- High gold grade and good contained metal for a proven reserve.
Evidence · table
“4.28”
Context: 1.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableEl Peñon · silverTonnes: 2900000Grade: 106Grade Unit: g/tContained Metal: 9.7Contained Unit: mozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:db4de894bb6a445d2e94
Resource Data
- Category
- probable
- Tonnes
- 2900000
- Grade
- 106
- Grade Unit
- g/t
- Contained Metal
- 9.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's probable silver reserve has a good grade, contributing to the silver inventory.
Positive factors
- Good silver grade for a probable reserve.
Evidence · table
“106”
Context: 2.9
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableEl Peñon · goldTonnes: 2900000Grade: 3.24Grade Unit: g/tContained Metal: 298Contained Unit: kozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:db4de894bb6a445d2e94
Resource Data
- Category
- probable
- Tonnes
- 2900000
- Grade
- 3.24
- Grade Unit
- g/t
- Contained Metal
- 298
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's probable gold reserve has a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for a probable reserve.
Evidence · table
“3.24”
Context: 2.9
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenMinera Florida · silverTonnes: 600000Grade: 21Grade Unit: g/tContained Metal: 0.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9d67c156af828aa6e7cc
Resource Data
- Category
- proven
- Tonnes
- 600000
- Grade
- 21
- Grade Unit
- g/t
- Contained Metal
- 0.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's proven silver reserve has a very low grade, indicating it's a minor byproduct.
Negative factors
- Low silver grade for a proven reserve.
Evidence · table
“21”
Context: 0.6
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenMinera Florida · goldTonnes: 600000Grade: 2.94Grade Unit: g/tContained Metal: 55Contained Unit: kozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9d67c156af828aa6e7cc
Resource Data
- Category
- proven
- Tonnes
- 600000
- Grade
- 2.94
- Grade Unit
- g/t
- Contained Metal
- 55
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's proven gold reserve has a high grade, making it a valuable contributor to the gold inventory.
Positive factors
- High gold grade for a proven reserve.
Evidence · table
“2.94”
Context: 0.6
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableMinera Florida · silverTonnes: 2500000Grade: 21Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0d17e98099c621b68fb3
Resource Data
- Category
- probable
- Tonnes
- 2500000
- Grade
- 21
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's probable silver reserve has a very low grade, indicating it's a minor byproduct.
Negative factors
- Low silver grade for a probable reserve.
Evidence · table
“21”
Context: 2.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableMinera Florida · goldTonnes: 2500000Grade: 3Grade Unit: g/tContained Metal: 243Contained Unit: kozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0d17e98099c621b68fb3
Resource Data
- Category
- probable
- Tonnes
- 2500000
- Grade
- 3
- Grade Unit
- g/t
- Contained Metal
- 243
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's probable gold reserve has a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for a probable reserve.
Evidence · table
“3.00”
Context: 2.5
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenShahuindo · silverTonnes: 37000000Grade: 8Grade Unit: g/tContained Metal: 9.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d3f3506d5123232df535
Resource Data
- Category
- proven
- Tonnes
- 37000000
- Grade
- 8
- Grade Unit
- g/t
- Contained Metal
- 9.5
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's proven silver reserve has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for a proven reserve.
Evidence · table
“8”
Context: 37.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
provenShahuindo · goldTonnes: 37000000Grade: 0.48Grade Unit: g/tContained Metal: 572Contained Unit: kozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- gold
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d3f3506d5123232df535
Resource Data
- Category
- proven
- Tonnes
- 37000000
- Grade
- 0.48
- Grade Unit
- g/t
- Contained Metal
- 572
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's proven gold reserve has a low grade but contributes a significant amount of contained gold.
Positive factors
- Significant contained gold ounces for a proven reserve.
Negative factors
- Low gold grade for a proven reserve.
Evidence · table
“0.48”
Context: 37.0
Tags used in scoring
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "proven"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableShahuindo · silverTonnes: 39900000Grade: 4Grade Unit: g/tContained Metal: 4.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:cba1ad364d9ea70f70c5
Resource Data
- Category
- probable
- Tonnes
- 39900000
- Grade
- 4
- Grade Unit
- g/t
- Contained Metal
- 4.9
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's probable silver reserve has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for a probable reserve.
Evidence · table
“4”
Context: 39.9
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
probableShahuindo · goldTonnes: 39900000Grade: 0.22Grade Unit: g/tContained Metal: 277Contained Unit: kozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- gold
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:cba1ad364d9ea70f70c5
Resource Data
- Category
- probable
- Tonnes
- 39900000
- Grade
- 0.22
- Grade Unit
- g/t
- Contained Metal
- 277
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's probable gold reserve has a very low grade, contributing a smaller amount of contained gold.
Negative factors
- Very low gold grade for a probable reserve.
Evidence · table
“0.22”
Context: 39.9
Tags used in scoring
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: category is "probable"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredLa Colorada · silverTonnes: 300000Grade: 276Grade Unit: g/tContained Metal: 2.9Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:dbe10477fe4ceab66a9d
Resource Data
- Category
- measured
- Tonnes
- 300000
- Grade
- 276
- Grade Unit
- g/t
- Contained Metal
- 2.9
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada's measured silver resource shows a high grade, contributing to the overall resource base.
Positive factors
- High silver grade for a measured resource.
Evidence · table
“276”
Context: 0.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredLa Colorada · goldTonnes: 300000Grade: 0.13Grade Unit: g/tContained Metal: 1Contained Unit: kozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:dbe10477fe4ceab66a9d
Resource Data
- Category
- measured
- Tonnes
- 300000
- Grade
- 0.13
- Grade Unit
- g/t
- Contained Metal
- 1
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at La Colorada's measured resource is very low, indicating it's a minor byproduct.
Negative factors
- Very low gold grade for a measured resource.
Evidence · table
“0.13”
Context: 0.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedLa Colorada · silverTonnes: 700000Grade: 209Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:b99c179fb19b4d32376b
Resource Data
- Category
- indicated
- Tonnes
- 700000
- Grade
- 209
- Grade Unit
- g/t
- Contained Metal
- 4.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada's indicated silver resource shows a high grade, contributing to the overall resource base.
Positive factors
- High silver grade for an indicated resource.
Evidence · table
“209”
Context: 0.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedLa Colorada · goldTonnes: 700000Grade: 0.16Grade Unit: g/tContained Metal: 3Contained Unit: kozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:b99c179fb19b4d32376b
Resource Data
- Category
- indicated
- Tonnes
- 700000
- Grade
- 0.16
- Grade Unit
- g/t
- Contained Metal
- 3
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at La Colorada's indicated resource is very low, indicating it's a minor byproduct.
Negative factors
- Very low gold grade for an indicated resource.
Evidence · table
“0.16”
Context: 0.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredJuanicipio · silverTonnes: 400000Grade: 566Grade Unit: g/tContained Metal: 6.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:107f9ad12f4decf8c8fd
- Ownership percent
- 44 %
Resource Data
- Category
- measured
- Tonnes
- 400000
- Grade
- 566
- Grade Unit
- g/t
- Contained Metal
- 6.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's measured silver resource is exceptionally high-grade and contributes significantly to the company's overall silver inventory, with JORC and NI 43-101 compliance.
Positive factors
- Exceptionally high silver grade for a measured resource.
- Inclusion of Juanicipio is a major positive for the company's silver resources.
Evidence · table
“566”
Context: 0.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
measuredJuanicipio · goldTonnes: 400000Grade: 1.48Grade Unit: g/tContained Metal: 17Contained Unit: kozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:107f9ad12f4decf8c8fd
- Ownership percent
- 44 %
Resource Data
- Category
- measured
- Tonnes
- 400000
- Grade
- 1.48
- Grade Unit
- g/t
- Contained Metal
- 17
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's measured gold resource shows a good grade, contributing to the overall gold inventory.
Positive factors
- Good gold grade for a measured resource.
Evidence · table
“1.48”
Context: 0.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
indicatedJuanicipio · silverTonnes: 700000Grade: 190Grade Unit: g/tContained Metal: 4.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d309a0e8fd78ac450848
- Ownership percent
- 44 %
Resource Data
- Category
- indicated
- Tonnes
- 700000
- Grade
- 190
- Grade Unit
- g/t
- Contained Metal
- 4.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's indicated silver resource is high-grade and adds substantial contained metal, bolstering the company's silver inventory.
Positive factors
- High silver grade for an indicated resource.
- Inclusion of Juanicipio is a major positive for the company's silver resources.
Evidence · table
“190”
Context: 0.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
indicatedJuanicipio · goldTonnes: 700000Grade: 1.36Grade Unit: g/tContained Metal: 33Contained Unit: kozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d309a0e8fd78ac450848
- Ownership percent
- 44 %
Resource Data
- Category
- indicated
- Tonnes
- 700000
- Grade
- 1.36
- Grade Unit
- g/t
- Contained Metal
- 33
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's indicated gold resource shows a good grade, contributing to the overall gold inventory.
Positive factors
- Good gold grade for an indicated resource.
Evidence · table
“1.36”
Context: 0.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
measuredHuaron · silverTonnes: 1400000Grade: 92Grade Unit: g/tContained Metal: 4.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Huaron
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:9918bdf4d54b6d0c15a5
Resource Data
- Category
- measured
- Tonnes
- 1400000
- Grade
- 92
- Grade Unit
- g/t
- Contained Metal
- 4.1
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Huaron's measured silver resource is a solid contributor to the company's silver inventory.
Positive factors
- Good silver grade for a measured resource.
Evidence · table
“92”
Context: 1.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedHuaron · silverTonnes: 3600000Grade: 90Grade Unit: g/tContained Metal: 10.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Huaron
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:6d3ab50d3af1823aa4b2
Resource Data
- Category
- indicated
- Tonnes
- 3600000
- Grade
- 90
- Grade Unit
- g/t
- Contained Metal
- 10.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Huaron's indicated silver resource provides a good contribution to the company's silver inventory.
Positive factors
- Good silver grade and contained metal for an indicated resource.
Evidence · table
“90”
Context: 3.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredCerro Moro · silverTonnes: 100000Grade: 174Grade Unit: g/tContained Metal: 0.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:ee3d190cbfb14fa9b498
Resource Data
- Category
- measured
- Tonnes
- 100000
- Grade
- 174
- Grade Unit
- g/t
- Contained Metal
- 0.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's measured silver resource has a high grade, contributing to the overall silver inventory, though the tonnage is small.
Positive factors
- High silver grade for a measured resource.
Evidence · table
“174”
Context: 0.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredCerro Moro · goldTonnes: 100000Grade: 4.77Grade Unit: g/tContained Metal: 11Contained Unit: kozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:ee3d190cbfb14fa9b498
Resource Data
- Category
- measured
- Tonnes
- 100000
- Grade
- 4.77
- Grade Unit
- g/t
- Contained Metal
- 11
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's measured gold resource has a high grade, making it a valuable contributor to the gold inventory despite small tonnage.
Positive factors
- High gold grade for a measured resource.
Evidence · table
“4.77”
Context: 0.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedCerro Moro · silverTonnes: 600000Grade: 212Grade Unit: g/tContained Metal: 4.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:be4ea1b55d5f40715546
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 212
- Grade Unit
- g/t
- Contained Metal
- 4.2
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's indicated silver resource maintains a high grade, contributing to the silver inventory.
Positive factors
- High silver grade for an indicated resource.
Evidence · table
“212”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedCerro Moro · goldTonnes: 600000Grade: 3.81Grade Unit: g/tContained Metal: 76Contained Unit: kozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:be4ea1b55d5f40715546
Resource Data
- Category
- indicated
- Tonnes
- 600000
- Grade
- 3.81
- Grade Unit
- g/t
- Contained Metal
- 76
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's indicated gold resource shows a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for an indicated resource.
Evidence · table
“3.81”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredSan Vicente · silverTonnes: 600000Grade: 161Grade Unit: g/tContained Metal: 3.1Contained Unit: mozView all detailsHide details
Identity
- Project
- San Vicente
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:efe0365c9443e0cad80d
- Ownership percent
- 95 %
Resource Data
- Category
- measured
- Tonnes
- 600000
- Grade
- 161
- Grade Unit
- g/t
- Contained Metal
- 3.1
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: San Vicente's measured silver resource is a strong contributor with high grade and good contained metal.
Positive factors
- High silver grade for a measured resource.
Evidence · table
“161”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedSan Vicente · silverTonnes: 300000Grade: 170Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- San Vicente
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:33e512f1865c1248dc3a
- Ownership percent
- 95 %
Resource Data
- Category
- indicated
- Tonnes
- 300000
- Grade
- 170
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: San Vicente's indicated silver resource maintains a high grade, contributing to the silver inventory despite smaller tonnage.
Positive factors
- High silver grade for an indicated resource.
Evidence · table
“170”
Context: 0.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredEscobal · silverTonnes: 2300000Grade: 251Grade Unit: g/tContained Metal: 18.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- silver
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:20c5b21f313f93f39769
Resource Data
- Category
- measured
- Tonnes
- 2300000
- Grade
- 251
- Grade Unit
- g/t
- Contained Metal
- 18.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Escobal's measured silver resource is high-grade and contributes significantly to the company's silver inventory.
Positive factors
- High silver grade and significant contained metal for a measured resource.
Evidence · table
“251”
Context: 2.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredEscobal · goldTonnes: 2300000Grade: 0.23Grade Unit: g/tContained Metal: 17Contained Unit: kozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- gold
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:20c5b21f313f93f39769
Resource Data
- Category
- measured
- Tonnes
- 2300000
- Grade
- 0.23
- Grade Unit
- g/t
- Contained Metal
- 17
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at Escobal's measured resource is very low, indicating it's a minor byproduct.
Negative factors
- Very low gold grade for a measured resource.
Evidence · table
“0.23”
Context: 2.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedEscobal · silverTonnes: 14200000Grade: 201Grade Unit: g/tContained Metal: 91.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- silver
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:5de8c5e6e7257de14dd4
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 201
- Grade Unit
- g/t
- Contained Metal
- 91.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Escobal's indicated silver resource is high-grade and represents a very substantial portion of the company's silver inventory.
Positive factors
- High silver grade and very significant contained metal for an indicated resource.
Evidence · table
“201”
Context: 14.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedEscobal · goldTonnes: 14200000Grade: 0.2Grade Unit: g/tContained Metal: 93Contained Unit: kozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- gold
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:5de8c5e6e7257de14dd4
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 93
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at Escobal's indicated resource is very low, indicating it's a minor byproduct.
Negative factors
- Very low gold grade for an indicated resource.
Evidence · table
“0.20”
Context: 14.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedLa Colorada Skarn · silverTonnes: 265400000Grade: 36Grade Unit: g/tContained Metal: 308.7Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada Skarn
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:37b2a3e402fbb59fd3d1
Resource Data
- Category
- indicated
- Tonnes
- 265400000
- Grade
- 36
- Grade Unit
- g/t
- Contained Metal
- 308.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada Skarn's indicated silver resource has a low grade but contributes a very substantial amount of contained silver, making it a significant asset.
Positive factors
- Very significant contained silver ounces for an indicated resource.
Negative factors
- Low silver grade for an indicated resource.
Evidence · table
“36”
Context: 265.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredNavidad · silverTonnes: 15400000Grade: 137Grade Unit: g/tContained Metal: 67.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Navidad
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d1a3cc79bcbe82df294c
Resource Data
- Category
- measured
- Tonnes
- 15400000
- Grade
- 137
- Grade Unit
- g/t
- Contained Metal
- 67.8
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Navidad's measured silver resource is high-grade and contributes significantly to the company's silver inventory.
Positive factors
- High silver grade and significant contained metal for a measured resource.
Evidence · table
“137”
Context: 15.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedNavidad · silverTonnes: 139800000Grade: 126Grade Unit: g/tContained Metal: 564.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Navidad
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:106b5f540e69e73cc995
Resource Data
- Category
- indicated
- Tonnes
- 139800000
- Grade
- 126
- Grade Unit
- g/t
- Contained Metal
- 564.5
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Navidad's indicated silver resource is high-grade and represents an exceptionally substantial portion of the company's silver inventory.
Positive factors
- High silver grade and exceptionally significant contained metal for an indicated resource.
Evidence · table
“126”
Context: 139.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredManantial Espejo · silverTonnes: 300000Grade: 164Grade Unit: g/tContained Metal: 1.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Manantial Espejo
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:fc5a829cbf5e68099e3f
Resource Data
- Category
- measured
- Tonnes
- 300000
- Grade
- 164
- Grade Unit
- g/t
- Contained Metal
- 1.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Manantial Espejo's measured silver resource has a high grade, contributing to the overall silver inventory, though the tonnage is small.
Positive factors
- High silver grade for a measured resource.
Evidence · table
“164”
Context: 0.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredManantial Espejo · goldTonnes: 300000Grade: 2.4Grade Unit: g/tContained Metal: 25Contained Unit: kozView all detailsHide details
Identity
- Project
- Manantial Espejo
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:fc5a829cbf5e68099e3f
Resource Data
- Category
- measured
- Tonnes
- 300000
- Grade
- 2.4
- Grade Unit
- g/t
- Contained Metal
- 25
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Manantial Espejo's measured gold resource has a good grade, making it a valuable contributor to the gold inventory despite small tonnage.
Positive factors
- Good gold grade for a measured resource.
Evidence · table
“2.40”
Context: 0.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedManantial Espejo · silverTonnes: 1000000Grade: 149Grade Unit: g/tContained Metal: 4.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Manantial Espejo
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:30addc0b819bf71299aa
Resource Data
- Category
- indicated
- Tonnes
- 1000000
- Grade
- 149
- Grade Unit
- g/t
- Contained Metal
- 4.9
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Manantial Espejo's indicated silver resource maintains a high grade, contributing to the silver inventory.
Positive factors
- High silver grade for an indicated resource.
Evidence · table
“149”
Context: 1.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedManantial Espejo · goldTonnes: 1000000Grade: 2.79Grade Unit: g/tContained Metal: 92Contained Unit: kozView all detailsHide details
Identity
- Project
- Manantial Espejo
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:30addc0b819bf71299aa
Resource Data
- Category
- indicated
- Tonnes
- 1000000
- Grade
- 2.79
- Grade Unit
- g/t
- Contained Metal
- 92
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Manantial Espejo's indicated gold resource shows a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for an indicated resource.
Evidence · table
“2.79”
Context: 1.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredJacobina · goldTonnes: 41200000Grade: 1.65Grade Unit: g/tContained Metal: 2189Contained Unit: kozView all detailsHide details
Identity
- Project
- Jacobina
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:45ef8fe4f16d79bb56e2
Resource Data
- Category
- measured
- Tonnes
- 41200000
- Grade
- 1.65
- Grade Unit
- g/t
- Contained Metal
- 2189
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Jacobina's measured gold resource is a very strong asset with good grade and substantial contained gold.
Positive factors
- Good gold grade and very significant contained gold ounces for a measured resource.
Evidence · table
“1.65”
Context: 41.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedJacobina · goldTonnes: 54100000Grade: 1.58Grade Unit: g/tContained Metal: 2745Contained Unit: kozView all detailsHide details
Identity
- Project
- Jacobina
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:772c60767832bc27ef7d
Resource Data
- Category
- indicated
- Tonnes
- 54100000
- Grade
- 1.58
- Grade Unit
- g/t
- Contained Metal
- 2745
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Jacobina's indicated gold resource is a very strong asset with good grade and substantial contained gold, making it a key contributor.
Positive factors
- Good gold grade and very significant contained gold ounces for an indicated resource.
Evidence · table
“1.58”
Context: 54.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredTimmins · goldTonnes: 2200000Grade: 2.29Grade Unit: g/tContained Metal: 161Contained Unit: kozView all detailsHide details
Identity
- Project
- Timmins
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:ff090274906276997bb8
Resource Data
- Category
- measured
- Tonnes
- 2200000
- Grade
- 2.29
- Grade Unit
- g/t
- Contained Metal
- 161
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Timmins' measured gold resource shows a high grade and good contained gold, making it a valuable asset.
Positive factors
- High gold grade and good contained gold ounces for a measured resource.
Evidence · table
“2.29”
Context: 2.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedTimmins · goldTonnes: 3400000Grade: 2.32Grade Unit: g/tContained Metal: 251Contained Unit: kozView all detailsHide details
Identity
- Project
- Timmins
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:11dc8f1f69ea7776f9ad
Resource Data
- Category
- indicated
- Tonnes
- 3400000
- Grade
- 2.32
- Grade Unit
- g/t
- Contained Metal
- 251
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Timmins' indicated gold resource maintains a high grade and good contained gold, contributing significantly to the gold inventory.
Positive factors
- High gold grade and good contained gold ounces for an indicated resource.
Evidence · table
“2.32”
Context: 3.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredEl Peñon · silverTonnes: 1000000Grade: 136Grade Unit: g/tContained Metal: 4.4Contained Unit: mozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0076317d1e7ae7f6ceb6
Resource Data
- Category
- measured
- Tonnes
- 1000000
- Grade
- 136
- Grade Unit
- g/t
- Contained Metal
- 4.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's measured silver resource has a high grade, contributing to the silver inventory.
Positive factors
- High silver grade for a measured resource.
Evidence · table
“136”
Context: 1.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredEl Peñon · goldTonnes: 1000000Grade: 3.97Grade Unit: g/tContained Metal: 127Contained Unit: kozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0076317d1e7ae7f6ceb6
Resource Data
- Category
- measured
- Tonnes
- 1000000
- Grade
- 3.97
- Grade Unit
- g/t
- Contained Metal
- 127
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's measured gold resource has a high grade and good contained metal, making it a valuable asset.
Positive factors
- High gold grade and good contained metal for a measured resource.
Evidence · table
“3.97”
Context: 1.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedEl Peñon · silverTonnes: 3700000Grade: 94Grade Unit: g/tContained Metal: 11.2Contained Unit: mozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d2fc88d05f66aa845ee7
Resource Data
- Category
- indicated
- Tonnes
- 3700000
- Grade
- 94
- Grade Unit
- g/t
- Contained Metal
- 11.2
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's indicated silver resource has a good grade and contained metal, contributing to the silver inventory.
Positive factors
- Good silver grade and contained metal for an indicated resource.
Evidence · table
“94”
Context: 3.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedEl Peñon · goldTonnes: 3700000Grade: 2.91Grade Unit: g/tContained Metal: 348Contained Unit: kozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d2fc88d05f66aa845ee7
Resource Data
- Category
- indicated
- Tonnes
- 3700000
- Grade
- 2.91
- Grade Unit
- g/t
- Contained Metal
- 348
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's indicated gold resource has a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for an indicated resource.
Evidence · table
“2.91”
Context: 3.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredMinera Florida · silverTonnes: 600000Grade: 13Grade Unit: g/tContained Metal: 0.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:1c4d3754153211ff9442
Resource Data
- Category
- measured
- Tonnes
- 600000
- Grade
- 13
- Grade Unit
- g/t
- Contained Metal
- 0.3
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's measured silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for a measured resource.
Evidence · table
“13”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredMinera Florida · goldTonnes: 600000Grade: 2.61Grade Unit: g/tContained Metal: 52Contained Unit: kozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:1c4d3754153211ff9442
Resource Data
- Category
- measured
- Tonnes
- 600000
- Grade
- 2.61
- Grade Unit
- g/t
- Contained Metal
- 52
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's measured gold resource has a high grade, making it a valuable contributor to the gold inventory.
Positive factors
- High gold grade for a measured resource.
Evidence · table
“2.61”
Context: 0.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedMinera Florida · silverTonnes: 3100000Grade: 14Grade Unit: g/tContained Metal: 1.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:f1897c3368690e3956ae
Resource Data
- Category
- indicated
- Tonnes
- 3100000
- Grade
- 14
- Grade Unit
- g/t
- Contained Metal
- 1.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's indicated silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for an indicated resource.
Evidence · table
“14”
Context: 3.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedMinera Florida · goldTonnes: 3100000Grade: 2.54Grade Unit: g/tContained Metal: 254Contained Unit: kozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:f1897c3368690e3956ae
Resource Data
- Category
- indicated
- Tonnes
- 3100000
- Grade
- 2.54
- Grade Unit
- g/t
- Contained Metal
- 254
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's indicated gold resource has a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for an indicated resource.
Evidence · table
“2.54”
Context: 3.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredShahuindo · silverTonnes: 9800000Grade: 6Grade Unit: g/tContained Metal: 1.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:4b18c481dcdf38822036
Resource Data
- Category
- measured
- Tonnes
- 9800000
- Grade
- 6
- Grade Unit
- g/t
- Contained Metal
- 1.9
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's measured silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for a measured resource.
Evidence · table
“6”
Context: 9.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredShahuindo · goldTonnes: 9800000Grade: 0.35Grade Unit: g/tContained Metal: 111Contained Unit: kozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- gold
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:4b18c481dcdf38822036
Resource Data
- Category
- measured
- Tonnes
- 9800000
- Grade
- 0.35
- Grade Unit
- g/t
- Contained Metal
- 111
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's measured gold resource has a low grade but contributes a moderate amount of contained gold.
Negative factors
- Low gold grade for a measured resource.
Evidence · table
“0.35”
Context: 9.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedShahuindo · silverTonnes: 6300000Grade: 6Grade Unit: g/tContained Metal: 1.2Contained Unit: mozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:6000dedbced93970dff8
Resource Data
- Category
- indicated
- Tonnes
- 6300000
- Grade
- 6
- Grade Unit
- g/t
- Contained Metal
- 1.2
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's indicated silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for an indicated resource.
Evidence · table
“6”
Context: 6.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedShahuindo · goldTonnes: 6300000Grade: 0.37Grade Unit: g/tContained Metal: 74Contained Unit: kozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- gold
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:6000dedbced93970dff8
Resource Data
- Category
- indicated
- Tonnes
- 6300000
- Grade
- 0.37
- Grade Unit
- g/t
- Contained Metal
- 74
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's indicated gold resource has a low grade but contributes a moderate amount of contained gold.
Negative factors
- Low gold grade for an indicated resource.
Evidence · table
“0.37”
Context: 6.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedVogel · goldTonnes: 700000Grade: 3.35Grade Unit: g/tContained Metal: 74Contained Unit: kozView all detailsHide details
Identity
- Project
- Vogel
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:41278896d337ee914ce8
Resource Data
- Category
- indicated
- Tonnes
- 700000
- Grade
- 3.35
- Grade Unit
- g/t
- Contained Metal
- 74
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Vogel's indicated gold resource shows a high grade and is a new addition, highlighting exploration success at Timmins.
Positive factors
- High gold grade for an indicated resource.
- New addition to resources, indicating exploration success.
Evidence · table
“3.35”
Context: 0.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedGold River · goldTonnes: 700000Grade: 5.29Grade Unit: g/tContained Metal: 117Contained Unit: kozView all detailsHide details
Identity
- Project
- Gold River
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:20ebd0d548b06ce8c88c
Resource Data
- Category
- indicated
- Tonnes
- 700000
- Grade
- 5.29
- Grade Unit
- g/t
- Contained Metal
- 117
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Gold River's indicated gold resource is exceptionally high-grade and contributes valuable contained gold.
Positive factors
- Exceptionally high gold grade and good contained metal for an indicated resource.
Evidence · table
“5.29”
Context: 0.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedMarhill · goldTonnes: 400000Grade: 4.52Grade Unit: g/tContained Metal: 57Contained Unit: kozView all detailsHide details
Identity
- Project
- Marhill
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:d7c52db9e1f1c3d42eac
Resource Data
- Category
- indicated
- Tonnes
- 400000
- Grade
- 4.52
- Grade Unit
- g/t
- Contained Metal
- 57
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Marhill's indicated gold resource shows a high grade, contributing to the gold inventory.
Positive factors
- High gold grade for an indicated resource.
Evidence · table
“4.52”
Context: 0.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedWhitney · goldTonnes: 1600000Grade: 2.83Grade Unit: g/tContained Metal: 142Contained Unit: kozView all detailsHide details
Identity
- Project
- Whitney
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:ca6814f3937777cc9299
- Ownership percent
- 84.26 %
Resource Data
- Category
- indicated
- Tonnes
- 1600000
- Grade
- 2.83
- Grade Unit
- g/t
- Contained Metal
- 142
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Whitney's indicated gold resource has a high grade and good contained metal, making it a valuable asset.
Positive factors
- High gold grade and good contained metal for an indicated resource.
Evidence · table
“2.83”
Context: 1.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredLa Bolsa · silverTonnes: 10800000Grade: 10Grade Unit: g/tContained Metal: 3.5Contained Unit: mozView all detailsHide details
Identity
- Project
- La Bolsa
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:659c2417dc9d402b916c
Resource Data
- Category
- measured
- Tonnes
- 10800000
- Grade
- 10
- Grade Unit
- g/t
- Contained Metal
- 3.5
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Bolsa's measured silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for a measured resource.
Evidence · table
“10”
Context: 10.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
measuredLa Bolsa · goldTonnes: 10800000Grade: 0.7Grade Unit: g/tContained Metal: 243Contained Unit: kozView all detailsHide details
Identity
- Project
- La Bolsa
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:659c2417dc9d402b916c
Resource Data
- Category
- measured
- Tonnes
- 10800000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 243
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Bolsa's measured gold resource has a low grade but contributes a good amount of contained gold.
Positive factors
- Good contained gold ounces for a measured resource.
Negative factors
- Low gold grade for a measured resource.
Evidence · table
“0.70”
Context: 10.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedLa Bolsa · silverTonnes: 10600000Grade: 8Grade Unit: g/tContained Metal: 2.7Contained Unit: mozView all detailsHide details
Identity
- Project
- La Bolsa
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:01c24598915daabb3d07
Resource Data
- Category
- indicated
- Tonnes
- 10600000
- Grade
- 8
- Grade Unit
- g/t
- Contained Metal
- 2.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Bolsa's indicated silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for an indicated resource.
Evidence · table
“8”
Context: 10.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
indicatedLa Bolsa · goldTonnes: 10600000Grade: 0.54Grade Unit: g/tContained Metal: 184Contained Unit: kozView all detailsHide details
Identity
- Project
- La Bolsa
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:01c24598915daabb3d07
Resource Data
- Category
- indicated
- Tonnes
- 10600000
- Grade
- 0.54
- Grade Unit
- g/t
- Contained Metal
- 184
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Bolsa's indicated gold resource has a low grade but contributes a good amount of contained gold.
Positive factors
- Good contained gold ounces for an indicated resource.
Negative factors
- Low gold grade for an indicated resource.
Evidence · table
“0.54”
Context: 10.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredLa Colorada · silverTonnes: 24000000Grade: 187Grade Unit: g/tContained Metal: 144.3Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:71dd2cbcd8dc88cd11b7
Resource Data
- Category
- inferred
- Tonnes
- 24000000
- Grade
- 187
- Grade Unit
- g/t
- Contained Metal
- 144.3
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada's inferred silver resource shows a high grade and substantial contained metal, indicating good potential.
Positive factors
- High silver grade and significant contained metal for an inferred resource.
Evidence · table
“187”
Context: 24.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredLa Colorada · goldTonnes: 24000000Grade: 0.2Grade Unit: g/tContained Metal: 152Contained Unit: kozView all detailsHide details
Identity
- Project
- La Colorada
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:71dd2cbcd8dc88cd11b7
Resource Data
- Category
- inferred
- Tonnes
- 24000000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 152
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at La Colorada's inferred resource is very low, indicating it's a minor byproduct.
Negative factors
- Very low gold grade for an inferred resource.
Evidence · table
“0.20”
Context: 24.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredJuanicipio · silverTonnes: 4800000Grade: 167Grade Unit: g/tContained Metal: 25.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:7ce272edde54fa0add41
- Ownership percent
- 44 %
Resource Data
- Category
- inferred
- Tonnes
- 4800000
- Grade
- 167
- Grade Unit
- g/t
- Contained Metal
- 25.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's inferred silver resource is high-grade and adds substantial contained metal, bolstering the company's silver inventory.
Positive factors
- High silver grade and significant contained metal for an inferred resource.
- Inclusion of Juanicipio is a major positive for the company's silver resources.
Evidence · table
“167”
Context: 4.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
inferredJuanicipio · goldTonnes: 4800000Grade: 0.6Grade Unit: g/tContained Metal: 92Contained Unit: kozView all detailsHide details
Identity
- Project
- Juanicipio
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:7ce272edde54fa0add41
- Ownership percent
- 44 %
Resource Data
- Category
- inferred
- Tonnes
- 4800000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 92
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2025-04-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Juanicipio's inferred gold resource has a low grade but contributes a good amount of contained gold.
Positive factors
- Good contained gold ounces for an inferred resource.
Negative factors
- Low gold grade for an inferred resource.
Evidence · table
“0.60”
Context: 4.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
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
inferredHuaron · silverTonnes: 9200000Grade: 116Grade Unit: g/tContained Metal: 34.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Huaron
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:98f5537712dc04333503
Resource Data
- Category
- inferred
- Tonnes
- 9200000
- Grade
- 116
- Grade Unit
- g/t
- Contained Metal
- 34.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Huaron's inferred silver resource provides a good contribution to the company's silver inventory with solid grade and contained metal.
Positive factors
- Good silver grade and significant contained metal for an inferred resource.
Evidence · table
“116”
Context: 9.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredCerro Moro · silverTonnes: 800000Grade: 139Grade Unit: g/tContained Metal: 3.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:3eb49412d357f86057eb
Resource Data
- Category
- inferred
- Tonnes
- 800000
- Grade
- 139
- Grade Unit
- g/t
- Contained Metal
- 3.5
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's inferred silver resource has a high grade, contributing to the overall silver inventory, though the tonnage is smaller.
Positive factors
- High silver grade for an inferred resource.
Evidence · table
“139”
Context: 0.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredCerro Moro · goldTonnes: 800000Grade: 4.95Grade Unit: g/tContained Metal: 124Contained Unit: kozView all detailsHide details
Identity
- Project
- Cerro Moro
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:3eb49412d357f86057eb
Resource Data
- Category
- inferred
- Tonnes
- 800000
- Grade
- 4.95
- Grade Unit
- g/t
- Contained Metal
- 124
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Cerro Moro's inferred gold resource has a high grade and good contained metal, making it a valuable contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for an inferred resource.
Evidence · table
“4.95”
Context: 0.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredSan Vicente · silverTonnes: 2100000Grade: 172Grade Unit: g/tContained Metal: 11.7Contained Unit: mozView all detailsHide details
Identity
- Project
- San Vicente
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:fc4f91ad6c8ac954a385
- Ownership percent
- 95 %
Resource Data
- Category
- inferred
- Tonnes
- 2100000
- Grade
- 172
- Grade Unit
- g/t
- Contained Metal
- 11.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: San Vicente's inferred silver resource is a strong contributor with high grade and good contained metal.
Positive factors
- High silver grade and good contained metal for an inferred resource.
Evidence · table
“172”
Context: 2.1
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredEscobal · silverTonnes: 1900000Grade: 180Grade Unit: g/tContained Metal: 10.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- silver
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:aa215b954ba33b81cef6
Resource Data
- Category
- inferred
- Tonnes
- 1900000
- Grade
- 180
- Grade Unit
- g/t
- Contained Metal
- 10.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Escobal's inferred silver resource is high-grade and contributes significantly to the company's silver inventory.
Positive factors
- High silver grade and good contained metal for an inferred resource.
Evidence · table
“180”
Context: 1.9
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredEscobal · goldTonnes: 1900000Grade: 0.9Grade Unit: g/tContained Metal: 54Contained Unit: kozView all detailsHide details
Identity
- Project
- Escobal
- Commodity
- gold
- Region
- guatemala
- Reported Region
- Guatemala
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:aa215b954ba33b81cef6
Resource Data
- Category
- inferred
- Tonnes
- 1900000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 54
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: The gold grade at Escobal's inferred resource is low, indicating it's a minor byproduct.
Negative factors
- Low gold grade for an inferred resource.
Evidence · table
“0.90”
Context: 1.9
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredLa Colorada Skarn · silverTonnes: 61700000Grade: 30Grade Unit: g/tContained Metal: 58.6Contained Unit: mozView all detailsHide details
Identity
- Project
- La Colorada Skarn
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:871e2a5dccc8c82d1622
Resource Data
- Category
- inferred
- Tonnes
- 61700000
- Grade
- 30
- Grade Unit
- g/t
- Contained Metal
- 58.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Colorada Skarn's inferred silver resource has a low grade but contributes a substantial amount of contained silver, indicating good potential.
Positive factors
- Significant contained silver ounces for an inferred resource.
Negative factors
- Low silver grade for an inferred resource.
Evidence · table
“30”
Context: 61.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredNavidad · silverTonnes: 45900000Grade: 81Grade Unit: g/tContained Metal: 119.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Navidad
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:2d204d3d90311a9bc40d
Resource Data
- Category
- inferred
- Tonnes
- 45900000
- Grade
- 81
- Grade Unit
- g/t
- Contained Metal
- 119.4
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Navidad's inferred silver resource is high-grade and represents a very substantial portion of the company's silver inventory, indicating strong potential.
Positive factors
- High silver grade and very significant contained metal for an inferred resource.
Evidence · table
“81”
Context: 45.9
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredManantial Espejo · silverTonnes: 500000Grade: 106Grade Unit: g/tContained Metal: 1.8Contained Unit: mozView all detailsHide details
Identity
- Project
- Manantial Espejo
- Commodity
- silver
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:31801a3f26706e6db4f5
Resource Data
- Category
- inferred
- Tonnes
- 500000
- Grade
- 106
- Grade Unit
- g/t
- Contained Metal
- 1.8
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Manantial Espejo's inferred silver resource has a good grade, contributing to the overall silver inventory, though the tonnage is small.
Positive factors
- Good silver grade for an inferred resource.
Evidence · table
“106”
Context: 0.5
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredManantial Espejo · goldTonnes: 500000Grade: 1.49Grade Unit: g/tContained Metal: 25Contained Unit: kozView all detailsHide details
Identity
- Project
- Manantial Espejo
- Commodity
- gold
- Region
- argentina
- Reported Region
- Argentina
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:31801a3f26706e6db4f5
Resource Data
- Category
- inferred
- Tonnes
- 500000
- Grade
- 1.49
- Grade Unit
- g/t
- Contained Metal
- 25
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Manantial Espejo's inferred gold resource has a good grade, making it a valuable contributor to the gold inventory despite small tonnage.
Positive factors
- Good gold grade for an inferred resource.
Evidence · table
“1.49”
Context: 0.5
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredJacobina · goldTonnes: 56200000Grade: 1.65Grade Unit: g/tContained Metal: 2988Contained Unit: kozView all detailsHide details
Identity
- Project
- Jacobina
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:aa541722532fd3464cbc
Resource Data
- Category
- inferred
- Tonnes
- 56200000
- Grade
- 1.65
- Grade Unit
- g/t
- Contained Metal
- 2988
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Jacobina's inferred gold resource is a very strong asset with good grade and substantial contained gold, indicating strong potential.
Positive factors
- Good gold grade and very significant contained gold ounces for an inferred resource.
Evidence · table
“1.65”
Context: 56.2
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredTimmins · goldTonnes: 7000000Grade: 2.66Grade Unit: g/tContained Metal: 596Contained Unit: kozView all detailsHide details
Identity
- Project
- Timmins
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:a2894831e3a977d310eb
Resource Data
- Category
- inferred
- Tonnes
- 7000000
- Grade
- 2.66
- Grade Unit
- g/t
- Contained Metal
- 596
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Timmins' inferred gold resource shows a high grade and good contained gold, indicating strong potential.
Positive factors
- High gold grade and good contained gold ounces for an inferred resource.
Evidence · table
“2.66”
Context: 7.0
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredEl Peñon · silverTonnes: 17500000Grade: 36Grade Unit: g/tContained Metal: 20.3Contained Unit: mozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0168bf1791dbf5da8756
Resource Data
- Category
- inferred
- Tonnes
- 17500000
- Grade
- 36
- Grade Unit
- g/t
- Contained Metal
- 20.3
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's inferred silver resource has a low grade but contributes a substantial amount of contained silver, indicating good potential.
Positive factors
- Significant contained silver ounces for an inferred resource.
Negative factors
- Low silver grade for an inferred resource.
Evidence · table
“36”
Context: 17.5
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredEl Peñon · goldTonnes: 17500000Grade: 1.05Grade Unit: g/tContained Metal: 592Contained Unit: kozView all detailsHide details
Identity
- Project
- El Peñon
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:0168bf1791dbf5da8756
Resource Data
- Category
- inferred
- Tonnes
- 17500000
- Grade
- 1.05
- Grade Unit
- g/t
- Contained Metal
- 592
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: El Peñon's inferred gold resource has a good grade and significant contained metal, making it a strong contributor to the gold inventory.
Positive factors
- Good gold grade and significant contained metal for an inferred resource.
Evidence · table
“1.05”
Context: 17.5
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredMinera Florida · silverTonnes: 6400000Grade: 13Grade Unit: g/tContained Metal: 2.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- silver
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:c5fe21ff8bfae693fea3
Resource Data
- Category
- inferred
- Tonnes
- 6400000
- Grade
- 13
- Grade Unit
- g/t
- Contained Metal
- 2.6
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's inferred silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for an inferred resource.
Evidence · table
“13”
Context: 6.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredMinera Florida · goldTonnes: 6400000Grade: 2.73Grade Unit: g/tContained Metal: 560Contained Unit: kozView all detailsHide details
Identity
- Project
- Minera Florida
- Commodity
- gold
- Region
- chile
- Reported Region
- Chile
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:c5fe21ff8bfae693fea3
Resource Data
- Category
- inferred
- Tonnes
- 6400000
- Grade
- 2.73
- Grade Unit
- g/t
- Contained Metal
- 560
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Minera Florida's inferred gold resource has a high grade and good contained metal, making it a strong contributor to the gold inventory.
Positive factors
- High gold grade and good contained metal for an inferred resource.
Evidence · table
“2.73”
Context: 6.4
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredShahuindo · silverTonnes: 10800000Grade: 2Grade Unit: g/tContained Metal: 0.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- silver
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:603e6ea2748ce64a4154
Resource Data
- Category
- inferred
- Tonnes
- 10800000
- Grade
- 2
- Grade Unit
- g/t
- Contained Metal
- 0.7
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's inferred silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for an inferred resource.
Evidence · table
“2”
Context: 10.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredShahuindo · goldTonnes: 10800000Grade: 0.12Grade Unit: g/tContained Metal: 41Contained Unit: kozView all detailsHide details
Identity
- Project
- Shahuindo
- Commodity
- gold
- Region
- perú
- Reported Region
- Perú
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:603e6ea2748ce64a4154
Resource Data
- Category
- inferred
- Tonnes
- 10800000
- Grade
- 0.12
- Grade Unit
- g/t
- Contained Metal
- 41
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Shahuindo's inferred gold resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low gold grade for an inferred resource.
Evidence · table
“0.12”
Context: 10.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredVogel · goldTonnes: 2800000Grade: 3.73Grade Unit: g/tContained Metal: 338Contained Unit: kozView all detailsHide details
Identity
- Project
- Vogel
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:f74a678a38cf2d075b9a
Resource Data
- Category
- inferred
- Tonnes
- 2800000
- Grade
- 3.73
- Grade Unit
- g/t
- Contained Metal
- 338
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Vogel's inferred gold resource shows a high grade and good contained metal, representing a new and promising addition to the resource base.
Positive factors
- High gold grade and good contained metal for an inferred resource.
- New addition to resources, indicating exploration success.
Evidence · table
“3.73”
Context: 2.8
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredGold River · goldTonnes: 5300000Grade: 6.06Grade Unit: g/tContained Metal: 1028Contained Unit: kozView all detailsHide details
Identity
- Project
- Gold River
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:548afb875a9c2ef0f2f4
Resource Data
- Category
- inferred
- Tonnes
- 5300000
- Grade
- 6.06
- Grade Unit
- g/t
- Contained Metal
- 1028
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Gold River's inferred gold resource is exceptionally high-grade and contributes a very substantial amount of contained gold, indicating strong potential.
Positive factors
- Exceptionally high gold grade and very significant contained metal for an inferred resource.
Evidence · table
“6.06”
Context: 5.3
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredWhitney · goldTonnes: 5600000Grade: 2.24Grade Unit: g/tContained Metal: 406Contained Unit: kozView all detailsHide details
Identity
- Project
- Whitney
- Commodity
- gold
- Region
- canada
- Reported Region
- Canada
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:232793348e1e8ed7888f
- Ownership percent
- 84.26 %
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Grade
- 2.24
- Grade Unit
- g/t
- Contained Metal
- 406
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: Whitney's inferred gold resource has a high grade and good contained metal, making it a valuable asset with strong potential.
Positive factors
- High gold grade and good contained metal for an inferred resource.
Evidence · table
“2.24”
Context: 5.6
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredLa Bolsa · silverTonnes: 13700000Grade: 8Grade Unit: g/tContained Metal: 3.3Contained Unit: mozView all detailsHide details
Identity
- Project
- La Bolsa
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:46712446562cfd4c9c8d
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Grade
- 8
- Grade Unit
- g/t
- Contained Metal
- 3.3
- Contained Unit
- moz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Bolsa's inferred silver resource has a very low grade, indicating it's a minor byproduct.
Negative factors
- Very low silver grade for an inferred resource.
Evidence · table
“8”
Context: 13.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
inferredLa Bolsa · goldTonnes: 13700000Grade: 0.51Grade Unit: g/tContained Metal: 225Contained Unit: kozView all detailsHide details
Identity
- Project
- La Bolsa
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- PAAS.TO
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Paul Salmenmaki, Justin Glanvill, Christopher Emerson, Christopher Wright
- Resource group id
- resource:46712446562cfd4c9c8d
Resource Data
- Category
- inferred
- Tonnes
- 13700000
- Grade
- 0.51
- Grade Unit
- g/t
- Contained Metal
- 225
- Contained Unit
- koz
Prior Estimate
- Resource Date
- 2026-06-30
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-16T00:00:00.000Z
Reasoning: La Bolsa's inferred gold resource has a low grade but contributes a good amount of contained gold.
Positive factors
- Good contained gold ounces for an inferred resource.
Negative factors
- Low gold grade for an inferred resource.
Evidence · table
“0.51”
Context: 13.7
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was 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
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.