# Ridgestone Files Guadalupe y Calvo Technical Report on SEDAR

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar--e2e50684-2fbe-4a9b-98fe-f0bb5f655c9c

Original source: https://money.tmx.com/en/quote/RMI/news/5928894219453397/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar

Publisher: tmx

Original announcement: 2021-06-18T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Ridgestone Mining Inc.

- Ticker: RMI

- Exchange: TSX

- Region: Chihuahua State, Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Other

- Extracted: 2026-08-26 07:08:29 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Ridgestone Mining has filed a NI 43-101 technical report for the Guadalupe y Calvo gold-silver project in Mexico. The report supports a maiden mineral resource estimate consisting of 356,000 gold-equivalent ounces in the Indicated category and 460,000 gold-equivalent ounces in the Inferred category.

Reasoning: The filing of a maiden technical report supporting a mineral resource estimate is a major project milestone, though the resource is heavily weighted towards the Inferred category.

- Positive factor: Maiden resource established

- Positive factor: Indicated resource component present

- Negative factor: Significant Inferred component

Facts used in scoring: 2

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The report supports the maiden mineral resource estimate for the Guadalupe y Calvo project.

Evidence · text

> supporting the maiden mineral resource estimate

**Indicated Resource**

Polarity: positive

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

Why it applies: The project contains an Indicated resource component.

Evidence · text

> host to an Indicated Resource of 356,000 gold-equivalent ounces

**Inferred Resource**

Polarity: negative

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

Why it applies: A significant portion of the resource is in the Inferred category.

Evidence · text

> plus an Inferred Resource of 460,000 gold-equivalent ounces

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The report was prepared in accordance with NI 43-101 standards.

Evidence · text

> prepared in accordance with National Instrument 43-101

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar--e2e50684-2fbe-4a9b-98fe-f0bb5f655c9c#fact-resource-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: RMI

#### Resource Data

- Category: indicated
- Contained Metal: 356000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-06-18T00:00:00.000Z

Reasoning: Maiden indicated resource establishment.

- Positive factor: Indicated category provides higher geological confidence

Evidence · text

> Indicated Resource of 356,000 gold-equivalent ounces

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/ridgestone-files-guadalupe-y-calvo-technical-report-on-sedar--e2e50684-2fbe-4a9b-98fe-f0bb5f655c9c#fact-resource-facts-1)

gold

#### Identity

- Commodity: gold
- Ticker: RMI

#### Resource Data

- Category: inferred
- Contained Metal: 460000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-06-18T00:00:00.000Z

Reasoning: Large inferred component adds scale but limits economic certainty.

- Positive factor: Adds significant scale to the project

- Negative factor: Inferred category has lower geological confidence

Evidence · text

> Inferred Resource of 460,000 gold-equivalent ounces

## 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.