Xtra-Gold Announces Updated Mineral Resource Estimate for Its Kibi Gold Project in Ghana, West Africa
Original announcement by newsfile on
- Company
- Xtra-Gold Resources Corp.
- Ticker
- XTG
- Exchange
- Unavailable
- Region
- Ghana, West Africa
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-10-13 13:04:26 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Xtra-Gold Resources Corp. has announced an updated Mineral Resource Estimate for its Kibi Gold Project in Ghana, West Africa, reporting a 33% increase in Indicated gold ounces to 1,404,900 ounces and an additional Inferred resource of 180,800 ounces. The estimate incorporates new drilling data and includes a maiden resource for the Orange No. 5 deposit, with the overall estimate prepared in accordance with NI 43-101 standards. A portion of the resource is located within a buffer zone for which formal approval is still pending.
Reasoning: Xtra-Gold announced a substantial 33% increase in its Indicated gold resource at the Kibi Gold Project, incorporating new drilling and a maiden resource for the Orange No. 5 deposit, all compliant with NI 43-101 standards. However, a portion of the resource lies within a buffer zone awaiting formal approval, introducing some permitting risk.
Positive factors
- Significant increase in Indicated gold ounces (33%)
- Incorporation of new drilling data (123 diamond drill holes)
- NI 43-101 compliant and QP signed
- Maiden resource for Orange No. 5 deposit
- Mineralization remains open down-plunge and in multiple directions
Negative factors
- Portion of resource in 'Buffer Zone' awaiting formal approval, creating permitting uncertainty
- Inferred resource has high uncertainty as to its existence and economic viability
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 35
Classification and evidence
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: The Indicated Mineral Resource increased by 33% to 1,404,900 gold ounces.
Evidence · text
“Growing Indicated Resource by 33% to 1,404,900 Gold Ounces”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The estimate includes an initial declared Mineral Resource for the Orange No. 5 deposit.
Evidence · text
“an initial declared Mineral Resource for the Orange No. 5 deposit”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The Mineral Resource estimate was prepared in accordance with NI 43-101 standards.
Evidence · text
“An independent NI 43-101 technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the updated Mineral Resource estimate”
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 Mineral Resource estimate was prepared by Mr. Ken Lomberg, Dr Corné Koegelenberg, and Dr Ian Basson, all independent Qualified Persons.
Evidence · text
“The Mineral Resource estimate for the Kibi Gold Project has been prepared by Mr. Ken Lomberg, Pr.Sci.Nat., of Pivot Mining Consultants (Pty) Ltd ("Pivot") of Johannesburg, South Africa, and Dr Corné Koegelenberg, Pr.Sci.Nat., and Dr Ian Basson, Pr.Sci.Nat., of Tect Geological Consulting ("Tect") of Somerset West, South Africa, all of whom are independent Qualified Persons ("QP's") for the purposes of National Instrument 43-101 ("NI 43-101").”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A cut-off grade of 0.5 g/t gold was applied to all mineral resource estimates.
Evidence · text
“A cut-off grade of 0.5 g/t gold was applied to all mineral resource estimates”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The estimate includes an Inferred Mineral Resource of 180,800 ounces of gold.
Evidence · text
“an additional Inferred Mineral Resource of 180,800 ounces of gold”
Extracted facts
Stored fact records: 35. Some facts used in scoring do not have a stored record.
Resource Estimates (35)
indicatedKibi Gold Project · goldTonnes: 39007000Grade: 1.12Grade Unit: g/tContained Metal: 1404900Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:ec0817a00b46074ecfe3
- Deposit or zone
- License and Buffer Area
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 39007000
- Grade
- 1.12
- Grade Unit
- g/t
- Contained Metal
- 1404900
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
- Prior Contained Metal
- 1056315.79
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The overall Indicated resource for the Kibi Gold Project shows a substantial 33% increase in contained gold ounces, reflecting significant growth and de-risking of the project.
Positive factors
- Significant increase in contained gold ounces (33%)
- High confidence category (Indicated)
- NI 43-101 compliant and QP signed
Evidence · table
“1,404,900”
Context: 39,007,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 1404900 against 1056315.79 previously
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 5693000Grade: 0.99Grade Unit: g/tContained Metal: 180800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:dcc0cd33522704ae69c1
- Deposit or zone
- License and Buffer Area
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 5693000
- Grade
- 0.99
- Grade Unit
- g/t
- Contained Metal
- 180800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Inferred resource adds to the project's overall potential, but its lower confidence category means higher geological uncertainty and cannot be used for economic studies.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“180,800”
Context: 5,693,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 4066000Grade: 1.19Grade Unit: g/tContained Metal: 156100Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:d0445687f7159937b758
- Deposit or zone
- Buffer Zone between License and Forest Reserve
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 4066000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 156100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This Indicated resource is a positive addition but carries a significant permitting risk due to its location within a buffer zone that lacks formal approval.
Positive factors
- High confidence category (Indicated)
- NI 43-101 compliant and QP signed
Negative factors
- Resource lies within a buffer zone awaiting formal approval, introducing permitting risk
Evidence · table
“156,100”
Context: 4,066,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 34941000Grade: 1.11Grade Unit: g/tContained Metal: 1248800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:f174e2a3941557e7b9d0
- Deposit or zone
- License Area
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 34941000
- Grade
- 1.11
- Grade Unit
- g/t
- Contained Metal
- 1248800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: A substantial Indicated resource within the main license area provides a strong foundation for project development with high geological confidence.
Positive factors
- Large Indicated resource within the main license area
- High confidence category (Indicated)
- NI 43-101 compliant and QP signed
Evidence · table
“1,248,800”
Context: 34,941,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 5693000Grade: 0.99Grade Unit: g/tContained Metal: 180800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:8b17155073dda1b0534d
- Deposit or zone
- License Area
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 5693000
- Grade
- 0.99
- Grade Unit
- g/t
- Contained Metal
- 180800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Inferred resource within the license area contributes to the project's overall potential but is subject to higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“180,800”
Context: 5,693,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 6472000Grade: 1.48Grade Unit: g/tContained Metal: 307400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:1afb198e8b27f5c600f7
- Deposit or zone
- Big Bend
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 6472000
- Grade
- 1.48
- Grade Unit
- g/t
- Contained Metal
- 307400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Big Bend deposit contributes a substantial high-grade Indicated resource, enhancing the overall project's economic potential.
Positive factors
- High-grade Indicated resource
- Significant contained gold ounces
- NI 43-101 compliant and QP signed
Evidence · table
“307,400”
Context: 6,472,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 3102000Grade: 1.49Grade Unit: g/tContained Metal: 148800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:f698b10a9e3af5d1d506
- Deposit or zone
- East Dyke
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 3102000
- Grade
- 1.49
- Grade Unit
- g/t
- Contained Metal
- 148800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The East Dyke deposit adds a high-grade Indicated resource, contributing positively to the project's overall gold inventory.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“148,800”
Context: 3,102,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 505000Grade: 1.37Grade Unit: g/tContained Metal: 22200Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:49d10eafdd82a285fa35
- Deposit or zone
- Mushroom
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 505000
- Grade
- 1.37
- Grade Unit
- g/t
- Contained Metal
- 22200
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Mushroom deposit provides a smaller but high-grade Indicated resource, contributing to the overall project.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“22,200”
Context: 505,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 2005000Grade: 1.07Grade Unit: g/tContained Metal: 68700Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:9c1e4cb9ebbe01c8eb22
- Deposit or zone
- South Ridge
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2005000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 68700
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The South Ridge deposit contributes a moderate Indicated resource to the project's total.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“68,700”
Context: 2,005,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 1584000Grade: 1.38Grade Unit: g/tContained Metal: 70400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:e9a96e50feceb96b18ad
- Deposit or zone
- Double 19
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1584000
- Grade
- 1.38
- Grade Unit
- g/t
- Contained Metal
- 70400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Double 19 deposit adds a high-grade Indicated resource, contributing positively to the project's gold inventory.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“70,400”
Context: 1,584,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 225000Grade: 0.85Grade Unit: g/tContained Metal: 6100Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:e759f2f8f86e5d153d35
- Deposit or zone
- Road Cut
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 225000
- Grade
- 0.85
- Grade Unit
- g/t
- Contained Metal
- 6100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Road Cut deposit provides a small Indicated resource, contributing to the overall project's gold inventory.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“6,100”
Context: 225,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 14213000Grade: 1.04Grade Unit: g/tContained Metal: 476400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:194a4df4fdd0a56994f7
- Deposit or zone
- Boomerang
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 14213000
- Grade
- 1.04
- Grade Unit
- g/t
- Contained Metal
- 476400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Boomerang deposit contributes a large Indicated resource with significant contained gold, making it a key component of the project.
Positive factors
- Large Indicated resource
- Significant contained gold ounces
- NI 43-101 compliant and QP signed
Evidence · table
“476,400”
Context: 14,213,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 10544000Grade: 0.87Grade Unit: g/tContained Metal: 294700Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:6382011f6904369c1258
- Deposit or zone
- Orange No. 5
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 10544000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 294700
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Orange No. 5 deposit's maiden Indicated resource adds significant new gold ounces to the project, highlighting successful exploration.
Positive factors
- Maiden Indicated resource for this deposit
- Significant contained gold ounces
- NI 43-101 compliant and QP signed
Evidence · table
“294,700”
Context: 10,544,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 358000Grade: 0.89Grade Unit: g/tContained Metal: 10300Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:a9d0a396fd99b7425828
- Deposit or zone
- Twin Zone
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 358000
- Grade
- 0.89
- Grade Unit
- g/t
- Contained Metal
- 10300
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Twin Zone deposit contributes a small Indicated resource to the overall project's gold inventory.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“10,300”
Context: 358,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 16000Grade: 1.18Grade Unit: g/tContained Metal: 600Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:4ba499b972be44c640d5
- Deposit or zone
- Mushroom
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 16000
- Grade
- 1.18
- Grade Unit
- g/t
- Contained Metal
- 600
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: A small, high-grade Indicated resource in the Mushroom deposit within the buffer zone adds to the project but carries permitting uncertainty.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Negative factors
- Resource lies within a buffer zone awaiting formal approval, introducing permitting risk
Evidence · table
“600”
Context: 16,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 4004000Grade: 1.2Grade Unit: g/tContained Metal: 154400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:c82bbf112e252b76ffc6
- Deposit or zone
- Boomerang
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 4004000
- Grade
- 1.2
- Grade Unit
- g/t
- Contained Metal
- 154400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: A portion of the Boomerang Indicated resource is located in the buffer zone, adding to the project's gold inventory but with associated permitting uncertainty.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Negative factors
- Resource lies within a buffer zone awaiting formal approval, introducing permitting risk
Evidence · table
“154,400”
Context: 4,004,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 15000Grade: 0.86Grade Unit: g/tContained Metal: 400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:b5dbc4c9213aef8a0c61
- Deposit or zone
- Orange No. 5
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 15000
- Grade
- 0.86
- Grade Unit
- g/t
- Contained Metal
- 400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: A very small portion of the Orange No. 5 maiden Indicated resource is in the buffer zone, contributing to the project but with permitting uncertainty.
Positive factors
- Maiden Indicated resource for this deposit
- NI 43-101 compliant and QP signed
Negative factors
- Resource lies within a buffer zone awaiting formal approval, introducing permitting risk
Evidence · table
“400”
Context: 15,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 31000Grade: 0.68Grade Unit: g/tContained Metal: 700Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:b28fadc7fad586538b46
- Deposit or zone
- Twin Zone
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 31000
- Grade
- 0.68
- Grade Unit
- g/t
- Contained Metal
- 700
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: A small Indicated resource in the Twin Zone within the buffer area contributes to the project but is subject to permitting uncertainty.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Negative factors
- Resource lies within a buffer zone awaiting formal approval, introducing permitting risk
Evidence · table
“700”
Context: 31,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 6472000Grade: 1.48Grade Unit: g/tContained Metal: 307400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:1afb198e8b27f5c600f7
- Deposit or zone
- Big Bend
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 6472000
- Grade
- 1.48
- Grade Unit
- g/t
- Contained Metal
- 307400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Big Bend deposit contributes a substantial high-grade Indicated resource within the main license area, enhancing the project's economic potential.
Positive factors
- High-grade Indicated resource
- Significant contained gold ounces
- NI 43-101 compliant and QP signed
Evidence · table
“307,400”
Context: 6,472,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 3102000Grade: 1.49Grade Unit: g/tContained Metal: 148800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:f698b10a9e3af5d1d506
- Deposit or zone
- East Dyke
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 3102000
- Grade
- 1.49
- Grade Unit
- g/t
- Contained Metal
- 148800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The East Dyke deposit adds a high-grade Indicated resource within the main license area, contributing positively to the project's overall gold inventory.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“148,800”
Context: 3,102,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 489000Grade: 1.37Grade Unit: g/tContained Metal: 21600Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:bdee5cfcf735d05eb02c
- Deposit or zone
- Mushroom
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 489000
- Grade
- 1.37
- Grade Unit
- g/t
- Contained Metal
- 21600
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Mushroom deposit provides a smaller but high-grade Indicated resource within the main license area, contributing to the overall project.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“21,600”
Context: 489,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 2005000Grade: 1.07Grade Unit: g/tContained Metal: 68700Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:9c1e4cb9ebbe01c8eb22
- Deposit or zone
- South Ridge
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 2005000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 68700
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The South Ridge deposit contributes a moderate Indicated resource within the main license area to the project's total.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“68,700”
Context: 2,005,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 1584000Grade: 1.38Grade Unit: g/tContained Metal: 70400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:e9a96e50feceb96b18ad
- Deposit or zone
- Double 19
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 1584000
- Grade
- 1.38
- Grade Unit
- g/t
- Contained Metal
- 70400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Double 19 deposit adds a high-grade Indicated resource within the main license area, contributing positively to the project's gold inventory.
Positive factors
- High-grade Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“70,400”
Context: 1,584,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 225000Grade: 0.85Grade Unit: g/tContained Metal: 6100Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:e759f2f8f86e5d153d35
- Deposit or zone
- Road Cut
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 225000
- Grade
- 0.85
- Grade Unit
- g/t
- Contained Metal
- 6100
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Road Cut deposit provides a small Indicated resource within the main license area, contributing to the overall project's gold inventory.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“6,100”
Context: 225,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 10209000Grade: 0.98Grade Unit: g/tContained Metal: 321900Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:168afbaf231bfd219701
- Deposit or zone
- Boomerang
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 10209000
- Grade
- 0.98
- Grade Unit
- g/t
- Contained Metal
- 321900
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Boomerang deposit contributes a large Indicated resource within the main license area with significant contained gold, making it a key component of the project.
Positive factors
- Large Indicated resource
- Significant contained gold ounces
- NI 43-101 compliant and QP signed
Evidence · table
“321,900”
Context: 10,209,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 10528000Grade: 0.87Grade Unit: g/tContained Metal: 294200Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:4f15eaacc189986fd284
- Deposit or zone
- Orange No. 5
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 10528000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 294200
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Orange No. 5 deposit's maiden Indicated resource within the main license area adds significant new gold ounces to the project, highlighting successful exploration.
Positive factors
- Maiden Indicated resource for this deposit
- Significant contained gold ounces
- NI 43-101 compliant and QP signed
Evidence · table
“294,200”
Context: 10,528,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedKibi Gold Project · goldTonnes: 327000Grade: 0.91Grade Unit: g/tContained Metal: 9600Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:7d6bcdad1701576c74de
- Deposit or zone
- Twin Zone
- Mining method
- combined
Resource Data
- Category
- indicated
- Tonnes
- 327000
- Grade
- 0.91
- Grade Unit
- g/t
- Contained Metal
- 9600
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Twin Zone deposit contributes a small Indicated resource within the main license area to the overall project's gold inventory.
Positive factors
- Indicated resource
- NI 43-101 compliant and QP signed
Evidence · table
“9,600”
Context: 327,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 1257000Grade: 1.03Grade Unit: g/tContained Metal: 41400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:925543db963be1323081
- Deposit or zone
- Big Bend
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1257000
- Grade
- 1.03
- Grade Unit
- g/t
- Contained Metal
- 41400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Big Bend deposit contributes an Inferred resource, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“41,400”
Context: 1,257,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 1128000Grade: 1.19Grade Unit: g/tContained Metal: 43300Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:aa37965df396c5ee9bff
- Deposit or zone
- East Dyke
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1128000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 43300
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The East Dyke deposit contributes an Inferred resource, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“43,300”
Context: 1,128,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 943000Grade: 1.02Grade Unit: g/tContained Metal: 30800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:1e522d5ff889c5432c42
- Deposit or zone
- South Ridge
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 943000
- Grade
- 1.02
- Grade Unit
- g/t
- Contained Metal
- 30800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The South Ridge deposit contributes an Inferred resource, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“30,800”
Context: 943,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 2366000Grade: 0.79Grade Unit: g/tContained Metal: 65200Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:2c5535e780c5aba7e2c4
- Deposit or zone
- GH and GM
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 2366000
- Grade
- 0.79
- Grade Unit
- g/t
- Contained Metal
- 65200
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The GH and GM deposits contribute an Inferred resource, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“65,200”
Context: 2,366,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 1257000Grade: 1.03Grade Unit: g/tContained Metal: 41400Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:925543db963be1323081
- Deposit or zone
- Big Bend
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1257000
- Grade
- 1.03
- Grade Unit
- g/t
- Contained Metal
- 41400
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The Big Bend deposit contributes an Inferred resource within the main license area, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“41,400”
Context: 1,257,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 1128000Grade: 1.19Grade Unit: g/tContained Metal: 43300Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:aa37965df396c5ee9bff
- Deposit or zone
- East Dyke
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 1128000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 43300
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The East Dyke deposit contributes an Inferred resource within the main license area, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“43,300”
Context: 1,128,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 943000Grade: 1.02Grade Unit: g/tContained Metal: 30800Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:1e522d5ff889c5432c42
- Deposit or zone
- South Ridge
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 943000
- Grade
- 1.02
- Grade Unit
- g/t
- Contained Metal
- 30800
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The South Ridge deposit contributes an Inferred resource within the main license area, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“30,800”
Context: 943,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
inferredKibi Gold Project · goldTonnes: 2366000Grade: 0.79Grade Unit: g/tContained Metal: 65200Contained Unit: ozView all detailsHide details
Identity
- Project
- Kibi Gold Project
- Commodity
- gold
- Region
- ghana
- Reported Region
- Ghana, West Africa
- Ticker
- XTG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-01T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Ken Lomberg, Dr Corné Koegelenberg, Dr Ian Basson
- Resource group id
- resource:2c5535e780c5aba7e2c4
- Deposit or zone
- GH and GM
- Mining method
- combined
Resource Data
- Category
- inferred
- Tonnes
- 2366000
- Grade
- 0.79
- Grade Unit
- g/t
- Contained Metal
- 65200
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2026-10-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: The GH and GM deposits contribute an Inferred resource within the main license area, adding to the project's potential but with higher geological uncertainty.
Positive factors
- Adds to overall resource potential
- NI 43-101 compliant and QP signed
Negative factors
- Inferred category has high geological uncertainty
Evidence · table
“65,200”
Context: 2,366,000
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 Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is 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
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
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.