# PDI: Annual Information Form

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145847

Publisher: asx

Original announcement: 2026-09-29T22:52:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T23:06:06.871Z

Atlas analysis updated: 2026-09-29T23:06:06.871Z

- Company: PDI Gold Limited

- Ticker: PDI

- Exchange: ASX

- Region: West Africa

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update, Other

- Extracted: 2026-09-29 23:06:07 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

PDI Gold Limited's Annual Information Form for the year ended June 30, 2026, details significant updates across its West African gold operations. The company reported updated Mineral Resource and Reserve estimates for the Kiniero Gold Mine in Guinea and the Nampala Gold Mine in Mali, showing increases in contained gold. Key developments include the completion of the Robex Transaction, advancing the Bankan Project towards construction, and addressing the new Guinea domestic gold refining framework, which is not expected to materially impact 2026 production guidance.

Reasoning: The Annual Information Form provides comprehensive updates, including increased contained gold in both resource and reserve estimates for Kiniero and Nampala, reflecting positive operational and strategic developments. However, significant geopolitical and regulatory risks in West Africa, particularly regarding permitting for Mansounia and the short mine life for Nampala, temper the overall positive outlook.

- Positive factor: Contained Metal Growth

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: JORC Compliant

- Positive factor: NI 43-101 Compliant

- Positive factor: Indicated Resource

- Positive factor: Probable Reserve

- Negative factor: Inferred Resource

- Negative factor: geopolitical\_risk

- Negative factor: regulatory\_risk

- Negative factor: permitting\_risk

- Negative factor: short\_mine\_life

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 28

## Classification and evidence

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The Kiniero Gold Mine reports several deposits with Indicated Mineral Resources, such as 17.34 Mt at 1.38 g/t Au for SGA &amp; SGD.

Evidence · table

> Indicated Inferred Tonnes \(Mt\) Au grade \(g/t\) Contained Gold \(Moz\) Tonnes \(Mt\) Au grade \(g/t\) Contained Gold \(Moz\) SGA &amp; SGD 17.34 1.38 0.77

Context: SGA &amp; SGD

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Kiniero Gold Mine reports several deposits with Inferred Mineral Resources, such as 9.52 Mt at 1.06 g/t Au for SGA &amp; SGD.

Evidence · table

> Indicated Inferred Tonnes \(Mt\) Au grade \(g/t\) Contained Gold \(Moz\) Tonnes \(Mt\) Au grade \(g/t\) Contained Gold \(Moz\) SGA &amp; SGD 17.34 1.38 0.77 9.52 1.06 0.32

Context: SGA &amp; SGD

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document states, 'The Kiniero Mineral Reserve is composed of open-pit Mineral Reserve and historic stockpiles, with the consolidated open pit and stockpile Probable Mineral Reserve for Kiniero presented in Table 1.2.'

Evidence · text

> The Kiniero Mineral Reserve is composed of open-pit Mineral Reserve and historic stockpiles, with the consolidated open pit and stockpile Probable Mineral Reserve for Kiniero presented in Table 1.2.

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The Kiniero Mineral Reserve shows an increase in contained gold from 1.41 Moz to 1.77 Moz between November 2024 and June 2026.

Evidence · table

> Contained Gold \(Moz\) 30 November 2024 Mineral Reserve 1.41 ... 30 June 2026 Mineral Reserve 1.77

Context: 30 June 2026 Mineral Reserve

**QP/CP Signed**

Polarity: positive

Definition: 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 Kiniero Mineral Resource estimate is signed off by Mr Mark Kent, and the Mineral Reserve by Glen Williamson, both identified as QPs.

Evidence · text

> The QP for this Mineral Resource estimate is Mr Mark Kent.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: Cut-off grades for Kiniero Mineral Resource reporting are clearly stated for various material types and deposits, such as 'laterite 0.3 g/t Au, saprolite \(oxide\) 0.3 g/t Au, saprock \(transition\) 0.3 g/t Au, fresh 0.3 g/t Au' for Banfara, SGA &amp; SGD, Jean, and West Balan.

Evidence · text

> Cut-off grades for Mineral Resource reporting are: a. Banfara, SGA &amp; SGD, Jean, and West Balan: laterite 0.3 g/t Au, saprolite \(oxide\) 0.3 g/t Au, saprock \(transition\) 0.3 g/t Au, fresh 0.3 g/t Au.

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The document states that the Kiniero updates 'comply with JORC \(2012\) and CIM standards'.

Evidence · text

> These updates comply with JORC \(2012\) and CIM standards.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: AMC prepared a technical report for Kiniero 'in accordance with NI 43-101 entitled “Kiniero NI 43-101 Technical Report” dated September 28, 2026'.

Evidence · text

> AMC prepared a technical report in accordance with NI 43-101 entitled “Kiniero NI 43-101 Technical Report” dated September 28, 2026

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The main purpose of the Kiniero Technical Report is to 'update the Kiniero Mineral Resources and Mineral Reserves'.

Evidence · text

> The main purpose of this Technical Report is to update the Kiniero Mineral Resources and Mineral Reserves.

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The Nampala Gold Mine reports an Indicated Mineral Resource of '11.5 Mt' at '0.68 g/t' Au for the Nampala Complex.

Evidence · table

> 11.5

Context: Nampala Complex

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Nampala Gold Mine reports an Inferred Mineral Resource of '1.9 Mt' at '0.64 g/t' Au for the Nampala Complex.

Evidence · table

> 1.9

Context: Nampala Complex

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document states, 'The Nampala Ore Reserve is supported by the existing technical studies, updated mine planning and actual production and operating data from the Nampala operation.'

Evidence · text

> The Nampala Ore Reserve is supported by the existing technical studies, updated mine planning and actual production and operating data from the Nampala operation.

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Updates to the Nampala Mineral Resource include 'an increase in the gold price assumption from US$2,200/oz to US$3,400/oz, contributed an additional 110 koz'.

Evidence · text

> an increase in the gold price assumption from US$2,200/oz to US$3,400/oz, contributed an additional 110 koz.

**QP/CP Signed**

Polarity: positive

Definition: 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: Emma Brosnan of Micon International Limited is identified as the QP responsible for the Nampala Mineral Resource Estimate.

Evidence · text

> Emma Brosnan of Micon International Limited is the QP responsible for the Mineral Resource Estimate.

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: Cut-off grades for Nampala Mineral Resource reporting are clearly stated as 'oxide \(laterite, mottled zone, saprolite\) 0.22 g/t Au; transition \(upper saprock, lower saprock\) 0.26 g/t Au; and fresh \(fresh rock\) 1.21 g/t Au'.

Evidence · text

> Cut-off grades for Mineral Resource reporting were calculated using a gold price of US$3,400/oz and are: oxide \(laterite, mottled zone, saprolite\) 0.22 g/t Au; transition \(upper saprock, lower saprock\) 0.26 g/t Au; and fresh \(fresh rock\) 1.21 g/t Au.

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The Nampala Mineral Resource estimate has been prepared 'in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC Code, 2012 Edition\) and CIM 2014 Definition Standards'.

Evidence · text

> The Mineral Resource estimate has been prepared in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC Code, 2012 Edition\) and CIM 2014 Definition Standards

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The document states that 'All scientific and technical information in the summary for the Nampala Project has been extracted from the Nampala Technical Report, which was prepared by... each of whom is a qualified person under NI 43-101.'

Evidence · text

> All scientific and technical information in the summary for the Nampala Project has been extracted from the Nampala Technical Report, which was prepared by Andrew Johan de Klerk, B.Sc.\(Hons.\), Pr.Sci.Nat., SAIMM, GSSA, André Bezuidenhout, M.Sc. Eng, Pr.Sci.Nat., FGS, Dr. Ryan Langdon, PhD, MCSM, MEarthSci, CGeol, FGS, Michiel Breed, M.Eng, Pr.Eng., FSAIMM, Nigel Smalley, BEng, DipCSM, MIMMM and Becky Humphrey, B.Sc., M.Sc., CEnv, MIEMA, MIMMM, each of whom is a qualified person under NI 43-101.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document explicitly mentions 'Updates to the Nampala Mineral Resource since the last estimate \(at 30 September 2024\) include:'.

Evidence · text

> Updates to the Nampala Mineral Resource since the last estimate \(at 30 September 2024\) include:

## Extracted facts

Stored fact records: 28. Some facts used in scoring do not have a stored record.

## Resource Estimates (28)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-0)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:cc5d217e39eb62f34790
- Deposit or zone: SGA &amp; SGD

#### Resource Data

- Category: indicated
- Tonnes: 17340000
- Grade: 1.38
- Grade Unit: g/t
- Contained Metal: 770000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: This is a significant indicated resource for the SGA &amp; SGD deposits at Kiniero, contributing substantially to the project's overall gold inventory with a reasonable grade and transparent reporting.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 1.38

Context: 17.34

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-1)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:984eb8249a879107a1f8
- Deposit or zone: SGA &amp; SGD

#### Resource Data

- Category: inferred
- Tonnes: 9520000
- Grade: 1.06
- Grade Unit: g/t
- Contained Metal: 320000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: While contributing to the overall resource, the inferred category for SGA &amp; SGD indicates lower geological confidence, which is typical for early-stage estimates but limits its immediate economic viability.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.06

Context: 9.52

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-2)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:d2584bd496c83a79b91b
- Deposit or zone: Jean

#### Resource Data

- Category: indicated
- Tonnes: 4100000
- Grade: 2.01
- Grade Unit: g/t
- Contained Metal: 260000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Jean deposit shows a good indicated resource with a higher grade, indicating strong potential for economic extraction and contributing positively to the project's value.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 2.01

Context: 4.10

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-3)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:544cde96d3663d370878
- Deposit or zone: Jean

#### Resource Data

- Category: inferred
- Tonnes: 3820000
- Grade: 1.14
- Grade Unit: g/t
- Contained Metal: 140000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The inferred resource for the Jean deposit, while adding to the total, carries lower confidence and requires further drilling to upgrade for economic studies.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.14

Context: 3.82

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-4)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:aaf05648bcdc6258c967
- Deposit or zone: Sabali North &amp; Central

#### Resource Data

- Category: indicated
- Tonnes: 3660000
- Grade: 1.18
- Grade Unit: g/t
- Contained Metal: 140000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: An indicated resource for Sabali North &amp; Central adds to the project's overall inventory with transparent reporting of cut-off grades.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 1.18

Context: 3.66

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-5)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:69c2657b3e6186f63a0b
- Deposit or zone: Sabali North &amp; Central

#### Resource Data

- Category: inferred
- Tonnes: 860000
- Grade: 1.41
- Grade Unit: g/t
- Contained Metal: 40000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The inferred resource for Sabali North &amp; Central is small and requires further work to increase confidence and potential economic viability.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.41

Context: 0.86

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-6)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:f0d5ae28922871ed9df6
- Deposit or zone: Sabali South

#### Resource Data

- Category: indicated
- Tonnes: 7910000
- Grade: 0.98
- Grade Unit: g/t
- Contained Metal: 250000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Sabali South contributes a moderate indicated resource with a reasonable grade, enhancing the project's overall resource base.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.98

Context: 7.91

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-7)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:975f4b9cf1b04da08261
- Deposit or zone: Sabali South

#### Resource Data

- Category: inferred
- Tonnes: 4110000
- Grade: 1.05
- Grade Unit: g/t
- Contained Metal: 140000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The inferred resource for Sabali South, while adding to the total, requires further work to increase confidence and potential economic viability.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.05

Context: 4.11

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-8)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:42acbdd5b13c953d90c6
- Deposit or zone: West Balan

#### Resource Data

- Category: indicated
- Tonnes: 3730000
- Grade: 1.36
- Grade Unit: g/t
- Contained Metal: 160000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: West Balan provides a small but good-grade indicated resource, contributing to the overall project value with transparent reporting.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 1.36

Context: 3.73

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-9)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:787727cc0440443b18b1
- Deposit or zone: West Balan

#### Resource Data

- Category: inferred
- Tonnes: 2930000
- Grade: 1.28
- Grade Unit: g/t
- Contained Metal: 120000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The inferred resource for West Balan adds to the total but requires further work to increase confidence and potential economic viability.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.28

Context: 2.93

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-10)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:7eeade7d999b5c0d958d
- Deposit or zone: Banfara

#### Resource Data

- Category: indicated
- Tonnes: 1130000
- Grade: 0.94
- Grade Unit: g/t
- Contained Metal: 30000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Banfara contributes a small indicated resource, adding to the project's overall inventory with transparent reporting.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.94

Context: 1.13

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-11)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:7321279a057c8502fc90
- Deposit or zone: Banfara

#### Resource Data

- Category: inferred
- Tonnes: 960000
- Grade: 1.32
- Grade Unit: g/t
- Contained Metal: 40000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The inferred resource for Banfara is small and requires further work to increase confidence and potential economic viability.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.32

Context: 0.96

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-12)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:6ac7fc1c3b94dda09c0c
- Deposit or zone: Mansounia Central

#### Resource Data

- Category: indicated
- Tonnes: 29350000
- Grade: 0.72
- Grade Unit: g/t
- Contained Metal: 680000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Mansounia Central contributes a significant indicated resource, but its full potential is contingent on securing the exploitation permit, which is currently pending.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: permitting\_risk

Evidence · table

> 0.72

Context: 29.35

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-13)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:373d8980afef224cc0e9
- Deposit or zone: Mansounia Central

#### Resource Data

- Category: inferred
- Tonnes: 43570000
- Grade: 0.71
- Grade Unit: g/t
- Contained Metal: 1000000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Mansounia Central has a large inferred resource, but its lower confidence category and pending exploitation permit introduce uncertainty regarding its economic contribution.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

- Negative factor: permitting\_risk

Evidence · table

> 0.71

Context: 43.57

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-14)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:af374739c260e18e8ccf
- Deposit or zone: Stockpiles

#### Resource Data

- Category: indicated
- Tonnes: 13060000
- Grade: 0.39
- Grade Unit: g/t
- Contained Metal: 160000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The indicated stockpile resource provides a low-grade, readily available source of material, contributing to early mine life feed.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.39

Context: 13.06

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-15)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Mark Kent
- Resource group id: resource:5e0fca9edfb47231d961
- Deposit or zone: Stockpiles

#### Resource Data

- Category: inferred
- Tonnes: 190000
- Grade: 1.31
- Grade Unit: g/t
- Contained Metal: 10000
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The small inferred stockpile resource is a minor contributor and requires further validation for economic consideration.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Negative factor: Inferred Resource

Evidence · table

> 1.31

Context: 0.19

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-16)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:cbb4a01e94a035009aef
- Deposit or zone: Jean

#### Resource Data

- Category: probable
- Tonnes: 4000000
- Grade: 1.85
- Grade Unit: g/t
- Contained Metal: 240000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Jean deposit's probable reserve with a good grade indicates a high likelihood of economic extraction, contributing significantly to the project's mine plan.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

Evidence · table

> 1.85

Context: 4.0

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-17)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:f0c269df2566e2a13685
- Deposit or zone: SGA

#### Resource Data

- Category: probable
- Tonnes: 10900000
- Grade: 1.28
- Grade Unit: g/t
- Contained Metal: 450000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: SGA's probable reserve represents a substantial portion of the project's economic inventory, supporting the mine plan with a solid grade.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

Evidence · table

> 1.28

Context: 10.9

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-18)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:6c150526c05d75487998
- Deposit or zone: SGD

#### Resource Data

- Category: probable
- Tonnes: 5000000
- Grade: 1.38
- Grade Unit: g/t
- Contained Metal: 220000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: SGD's probable reserve adds to the project's economic base with a good grade, contributing to the overall mine life.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

Evidence · table

> 1.38

Context: 5.0

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-19)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:b77d7662d9e90996d54c
- Deposit or zone: Sabali South

#### Resource Data

- Category: probable
- Tonnes: 5500000
- Grade: 0.94
- Grade Unit: g/t
- Contained Metal: 170000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Sabali South's probable reserve provides a consistent, albeit lower-grade, contribution to the project's economic inventory.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

Evidence · table

> 0.94

Context: 5.5

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-20)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:d8c5336c98f74daaaaa6
- Deposit or zone: Sabali North and Central

#### Resource Data

- Category: probable
- Tonnes: 3100000
- Grade: 0.98
- Grade Unit: g/t
- Contained Metal: 100000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Sabali North and Central's probable reserve adds a smaller, but economically viable, component to the overall mine plan.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

Evidence · table

> 0.98

Context: 3.1

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-21)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:2f22ccfd810f1b41f19d
- Deposit or zone: Mansounia

#### Resource Data

- Category: probable
- Tonnes: 19500000
- Grade: 0.77
- Grade Unit: g/t
- Contained Metal: 480000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: Mansounia's large probable reserve is a key component of the project, but its realization is dependent on the pending exploitation permit, introducing a degree of risk.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

- Negative factor: permitting\_risk

Evidence · table

> 0.77

Context: 19.5

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-22)

Kiniero Gold Mine · gold

#### Identity

- Project: Kiniero Gold Mine
- Commodity: gold
- Region: guinea
- Reported Region: Guinea
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: other
- QP Signed: Yes
- Qualified person names: Glen Williamson
- Resource group id: resource:ebb5596b894cc7b967a5
- Deposit or zone: Stockpiles

#### Resource Data

- Category: probable
- Tonnes: 7700000
- Grade: 0.49
- Grade Unit: g/t
- Contained Metal: 120000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The stockpile probable reserve provides a low-grade, accessible source of material, contributing to the project's operational flexibility.

- Positive factor: Probable Reserve

- Positive factor: QP/CP Signed

Evidence · table

> 0.49

Context: 7.7

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-23)

Nampala Gold Mine · gold

#### Identity

- Project: Nampala Gold Mine
- Commodity: gold
- Region: mali
- Reported Region: Mali
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: jorc, other
- QP Signed: Yes
- Qualified person names: Emma Brosnan
- Resource group id: resource:c6380427ba7efcb2a38e
- Deposit or zone: Nampala Complex

#### Resource Data

- Category: indicated
- Tonnes: 11500000
- Grade: 0.68
- Grade Unit: g/t
- Contained Metal: 250000
- Contained Unit: oz
- Cutoff Grade: 0.22
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Nampala Complex has a significant indicated resource, contributing to the project's economic base with transparent reporting and showing growth in contained metal.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Contained Metal Growth

Evidence · table

> 0.68

Context: 11.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-24)

Nampala Gold Mine · gold

#### Identity

- Project: Nampala Gold Mine
- Commodity: gold
- Region: mali
- Reported Region: Mali
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: jorc, other
- QP Signed: Yes
- Qualified person names: Emma Brosnan
- Resource group id: resource:779294f5c52f1e77d346
- Deposit or zone: Nampala Complex

#### Resource Data

- Category: inferred
- Tonnes: 1900000
- Grade: 0.64
- Grade Unit: g/t
- Contained Metal: 40000
- Contained Unit: oz
- Cutoff Grade: 0.22
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The inferred resource for Nampala Complex, while showing growth, carries lower confidence and requires further work to upgrade for economic studies.

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Contained Metal Growth

- Negative factor: Inferred Resource

Evidence · table

> 0.64

Context: 1.9

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-25)

Nampala Gold Mine · gold

#### Identity

- Project: Nampala Gold Mine
- Commodity: gold
- Region: mali
- Reported Region: Mali
- Ticker: PDI

#### Resource scope

- Estimate type: resource
- Effective date: 2026-06-30T00:00:00.000Z
- Reporting standards: jorc, other
- QP Signed: Yes
- Qualified person names: Emma Brosnan
- Resource group id: resource:f979b43c3326ad3cdda4
- Deposit or zone: Stockpiles

#### Resource Data

- Category: indicated
- Tonnes: 600000
- Grade: 0.5
- Grade Unit: g/t
- Contained Metal: 10000
- Contained Unit: oz
- Cutoff Grade: 0.22
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The indicated stockpile resource provides a small, low-grade, readily available source of material for the Nampala operation.

- Positive factor: Indicated Resource

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

Evidence · table

> 0.50

Context: 0.6

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

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

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-26)

Nampala Gold Mine · gold

#### Identity

- Project: Nampala Gold Mine
- Commodity: gold
- Region: mali
- Reported Region: Mali
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Resource group id: resource:ce965009c34e4c77fa0d

#### Resource Data

- Category: probable
- Tonnes: 3200000
- Grade: 0.55
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The Nampala Ore Reserve provides a moderate tonnage of ore, but the short mine life of 1.9 years indicates a need for further reserve replacement.

- Positive factor: Probable Reserve

- Negative factor: short\_mine\_life

Evidence · text

> The schedule results in 1.9 \(23 months\) year mine life, with 16.2 Mt of total open-pit material, 3.2 Mt of ore at 0.55 g/t Au and 13.0 Mt of waste at a 4.1:1 waste to ore strip ratio

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/pdi-annual-information-form--058155ef-8bdd-459b-82e5-7e7e45107fa5#fact-resource-facts-27)

Nampala Gold Mine · gold

#### Identity

- Project: Nampala Gold Mine
- Commodity: gold
- Region: mali
- Reported Region: Mali
- Ticker: PDI

#### Resource scope

- Estimate type: reserve
- Effective date: 2026-06-30T00:00:00.000Z
- Resource group id: resource:13e00b2d5ed2b290b7fd

#### Resource Data

- Category: probable
- Tonnes: 600000
- Grade: 0.5
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-29T00:00:00.000Z

Reasoning: The stockpile ore contributes to the Nampala mine plan, offering additional feed, but the overall mine life remains short.

- Positive factor: Probable Reserve

- Negative factor: short\_mine\_life

Evidence · text

> The processing schedule includes 0.6 Mt of ore reclaimed from stockpiles at 0.5g/t Au

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## 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.
