# Upside Gold Engages Moose Mountain Technical Services to Deliver Updated NI 43-101 Resource Estimate for the Kena Gold-Copper Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/upside-gold-engages-moose-mountain-technical-services-to-deliver-updated-ni-43-1--d9f29ee5-8292-405f-bd2a-f3fb615b6333

Original source: https://orestocks.com/company/UG.CN/press-releases/4890858569019372

Publisher: orestocks

Original announcement: 2026-08-26T14:50:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Upside Gold Corp.

- Ticker: UG

- Exchange: Unavailable

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: Copper, Silver

- Document categories: Resource update, Other

- Extracted: 2026-08-26 15:47:23 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Upside Gold has engaged Moose Mountain Technical Services to prepare an updated NI 43-101 mineral resource estimate and technical report for the Kena Gold-Copper Project in British Columbia. The update, targeted for Q1 2027, will incorporate extensive recent drilling and expand the resource model to include copper and silver alongside gold.

Reasoning: The company is advancing the Kena project by engaging technical services to update a historical resource with significant new drilling and a multi-commodity model.

- Positive factor: Engagement of technical services for resource update

- Positive factor: Incorporation of significant new drilling \(4,000m+\)

- Positive factor: Expansion of commodity scope to include copper and silver

- Negative factor: Historical resource is not current and requires verification

Facts used in scoring: 2

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource reported is a 2021 estimate that the company explicitly states is not being treated as current.

Evidence · text

> The historical resource estimate is disclosed in the technical report... dated May 3, 2021

**Resource Update**

Polarity: neutral

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

Why it applies: The announcement focuses on the engagement of technical services to perform a resource update.

Evidence · text

> engaged to prepare an updated mineral resource estimate

## 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/upside-gold-engages-moose-mountain-technical-services-to-deliver-updated-ni-43-1--d9f29ee5-8292-405f-bd2a-f3fb615b6333#fact-resource-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: UG

#### Resource Data

- Category: indicated
- Tonnes: 32146000
- Grade: 0.544
- Grade Unit: g/t
- Contained Metal: 0.561
- Contained Unit: million ounces

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2021-05-03T00:00:00.000Z

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: This is a restatement of a 2021 historical resource and is not treated as current by the company.

- Negative factor: Historical estimate only

Evidence · text

> Indicated Mineral Resource of 32,146,000 tonnes at an average grade of 0.544 g/t Au for 0.561 million ounces of gold

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/upside-gold-engages-moose-mountain-technical-services-to-deliver-updated-ni-43-1--d9f29ee5-8292-405f-bd2a-f3fb615b6333#fact-resource-facts-1)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: UG

#### Resource Data

- Category: inferred
- Tonnes: 177507000
- Grade: 0.486
- Grade Unit: g/t
- Contained Metal: 2.77
- Contained Unit: million ounces

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2021-05-03T00:00:00.000Z

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: This is a restatement of a 2021 historical resource and is not treated as current by the company.

- Negative factor: Historical estimate only

Evidence · text

> Inferred Mineral Resource of 177,507,000 tonnes at an average grade of 0.486 g/t Au for 2.77 million ounces of gold

## 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.