# Xtra-Gold Announces Updated Mineral Resource Estimate for Its Kibi Gold Project in Ghana, West Africa Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4 Original source: https://www.newsfilecorp.com/release/318137/XtraGold-Announces-Updated-Mineral-Resource-Estimate-for-Its-Kibi-Gold-Project-in-Ghana-West-Africa Publisher: newsfile Original announcement: 2026-10-13T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-13T13:04:26.195Z Atlas analysis updated: 2026-10-13T13:04:26.195Z - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: Significant increase in Indicated gold ounces \(33%\) - Positive factor: Incorporation of new drilling data \(123 diamond drill holes\) - Positive factor: NI 43-101 compliant and QP signed - Positive factor: Maiden resource for Orange No. 5 deposit - Positive factor: Mineralization remains open down-plunge and in multiple directions - Negative factor: Portion of resource in 'Buffer Zone' awaiting formal approval, creating permitting uncertainty - Negative factor: 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 Growth** Polarity: positive Definition: 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 Resource** Polarity: neutral Definition: 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 Compliant** Polarity: positive Definition: 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 Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: The 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 Disclosed** Polarity: positive Definition: 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 Resource** Polarity: negative Definition: 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) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-0) Kibi Gold Project · gold #### 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 factor: Significant increase in contained gold ounces \(33%\) - Positive factor: High confidence category \(Indicated\) - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 1,404,900 Context: 39,007,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 1404900 against 1056315.79 previously **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-1) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 180,800 Context: 5,693,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-2) Kibi Gold Project · gold #### 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 factor: High confidence category \(Indicated\) - Positive factor: NI 43-101 compliant and QP signed - Negative factor: 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-3) Kibi Gold Project · gold #### 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 factor: Large Indicated resource within the main license area - Positive factor: High confidence category \(Indicated\) - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 1,248,800 Context: 34,941,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-4) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 180,800 Context: 5,693,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-5) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 307,400 Context: 6,472,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-6) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 148,800 Context: 3,102,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-7) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 22,200 Context: 505,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-8) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 68,700 Context: 2,005,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-9) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 70,400 Context: 1,584,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-10) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 6,100 Context: 225,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-11) Kibi Gold Project · gold #### 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 factor: Large Indicated resource - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 476,400 Context: 14,213,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-12) Kibi Gold Project · gold #### 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 factor: Maiden Indicated resource for this deposit - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 294,700 Context: 10,544,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-13) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 10,300 Context: 358,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-14) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Resource lies within a buffer zone awaiting formal approval, introducing permitting risk Evidence · table > 600 Context: 16,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-15) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed - Negative factor: 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-16) Kibi Gold Project · gold #### 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 factor: Maiden Indicated resource for this deposit - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Resource lies within a buffer zone awaiting formal approval, introducing permitting risk Evidence · table > 400 Context: 15,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-17) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Resource lies within a buffer zone awaiting formal approval, introducing permitting risk Evidence · table > 700 Context: 31,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-18) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 307,400 Context: 6,472,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-19) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 148,800 Context: 3,102,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-20) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 21,600 Context: 489,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-21) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 68,700 Context: 2,005,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-22) Kibi Gold Project · gold #### 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 factor: High-grade Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 70,400 Context: 1,584,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-23) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 6,100 Context: 225,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-24) Kibi Gold Project · gold #### 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 factor: Large Indicated resource - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 321,900 Context: 10,209,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-25) Kibi Gold Project · gold #### 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 factor: Maiden Indicated resource for this deposit - Positive factor: Significant contained gold ounces - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 294,200 Context: 10,528,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-26) Kibi Gold Project · gold #### 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 factor: Indicated resource - Positive factor: NI 43-101 compliant and QP signed Evidence · table > 9,600 Context: 327,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-27) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 41,400 Context: 1,257,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-28) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 43,300 Context: 1,128,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-29) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 30,800 Context: 943,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-30) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 65,200 Context: 2,366,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-31) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 41,400 Context: 1,257,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-32) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 43,300 Context: 1,128,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-33) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 30,800 Context: 943,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/xtra-gold-announces-updated-mineral-resource-estimate-for-its-kibi-gold-project--a9e52551-f15b-4885-8731-227405dfbcf4#fact-resource-facts-34) Kibi Gold Project · gold #### 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 factor: Adds to overall resource potential - Positive factor: NI 43-101 compliant and QP signed - Negative factor: Inferred category has high geological uncertainty Evidence · table > 65,200 Context: 2,366,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No QP/CP Disclosure** Polarity: negative Definition: 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 Update** Polarity: neutral Definition: 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.