# transition.inc Files Technical Report for Aurora Nickel Project Updated Mineral Resource Estimate Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/transition-inc-files-technical-report-for-aurora-nickel-project-updated-mineral--d6c7764e-3c6e-4b9c-8475-554ec88f2024 Original source: https://money.tmx.com/en/quote/TRAN/news/8480215373515025/transition-inc-files-technical-report-for-aurora-nickel-project-updated-mineral- Publisher: tmx Original announcement: 2025-04-14T22:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Clean Energy Transition Inc. - Ticker: TRAN - Exchange: TSX - Region: Ontario - Primary commodity: Nickel - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-08-21 08:30:08 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Clean Energy Transition Inc. has filed a NI 43-101 technical report supporting an updated Mineral Resource Estimate for the Aurora Nickel Project in Ontario. The Indicated Resource totals 10.06 million tonnes at 0.42% Ni, split between the Aurora North \(open pit\) and Aurora South \(underground\) deposits. Reasoning: The announcement is a formal filing of a technical report supporting an MRE previously disclosed in March 2025. While the resource is Indicated, the novelty is low due to the prior disclosure. - Positive factor: Indicated resource established - Positive factor: NI 43-101 compliant technical report filed - Positive factor: QP sign-off provided - Negative factor: Low novelty as results were previously reported in March 2025 Facts used in scoring: 3 ## 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 resource is classified as Indicated across the Aurora North and South deposits. Evidence · text > outlines an Indicated Mineral Resource of 10.06 million tonnes **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical report was prepared in accordance with NI 43-101 standards. Evidence · text > prepared in accordance with National Instrument 43-101 **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: Qualified Persons Mr. Charley Murahwi and Ms. Chitrali Sarkar are named and have approved the technical information. Evidence · text > The Qualified Persons \(QPs\) for the MRE in this News Release... are Mr. Charley Murahwi... and Ms. Chitrali Sarkar ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/transition-inc-files-technical-report-for-aurora-nickel-project-updated-mineral--d6c7764e-3c6e-4b9c-8475-554ec88f2024#fact-resource-facts-0) nickel Historical result Needs review: historical\_restatement #### Identity - Commodity: nickel - Ticker: TRAN #### Resource Data - Category: indicated - Tonnes: 10060000 - Grade: 0.42 - Grade Unit: % #### Lab - Laboratory: Micon International Limited #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-06T00:00:00.000Z #### Dates - Event date: 2025-04-14T00:00:00.000Z Reasoning: Total Indicated resource for the project. - Positive factor: Indicated category provides reasonable confidence - Negative factor: Low novelty; results previously reported March 6, 2025 Evidence · text > As previously reported on March 6, 2025, the updated MRE outlines an Indicated Mineral Resource of 10.06 million tonnes grading 0.42% nickel ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/transition-inc-files-technical-report-for-aurora-nickel-project-updated-mineral--d6c7764e-3c6e-4b9c-8475-554ec88f2024#fact-resource-facts-1) nickel Historical result Needs review: historical\_restatement #### Identity - Commodity: nickel - Ticker: TRAN #### Resource Data - Category: indicated - Tonnes: 8320000 - Grade: 0.4 - Grade Unit: % #### Lab - Laboratory: Micon International Limited #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-06T00:00:00.000Z #### Dates - Event date: 2025-04-14T00:00:00.000Z Reasoning: Aurora North deposit component of the Indicated resource. - Positive factor: Amenable to open pit mining Evidence · text > The Aurora North deposit, amenable to open pit mining, contains 8.32 Mt at 0.40% Ni ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/transition-inc-files-technical-report-for-aurora-nickel-project-updated-mineral--d6c7764e-3c6e-4b9c-8475-554ec88f2024#fact-resource-facts-2) nickel Historical result Needs review: historical\_restatement #### Identity - Commodity: nickel - Ticker: TRAN #### Resource Data - Category: indicated - Tonnes: 1730000 - Grade: 0.51 - Grade Unit: % #### Lab - Laboratory: Micon International Limited #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-03-06T00:00:00.000Z #### Dates - Event date: 2025-04-14T00:00:00.000Z Reasoning: Aurora South deposit component of the Indicated resource. - Positive factor: Higher grade than Aurora North Evidence · text > Aurora South deposit, anticipated to be mined using underground methods, contains 1.73 Mt at 0.51% Ni ## 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.