section · gated
Kestrel Ridge Gold Project — Item 14: Mineral Resource Estimate [FICTIONAL DEMO DATA]
Review each statement, verify its provenance, approve, then sign. Signing is locked until every sentence is verified against source data and approved.
1
The drill program supporting this estimate comprised 4 diamond drill holes totalling 959.0 metres, with 5 laboratory assay intervals returned and reviewed.
ok
Provenance · 3 source records · 1 rule clause
Source records
drillhole
18a29cac0147
ingested 2026-08-24 22:55
drillhole
d7efd0c4447e
ingested 2026-08-24 22:55
drillhole
516152fc254e
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
Form 43-101F1 Item 14
Mineral resource estimates must be disclosed in accordance with sections 2.2, 2.3 and 3.4 of NI 43-101, including the key assumptions, para…
2
Drill hole FIC-24-002 intersected 2.0 metres grading 12.35 g/t Au from 0.0 m to 2.0 m downhole.
ok
Provenance · 1 source record · 1 rule clause
Source records
assay
b0fe05fefca7
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
s.3.4
Written disclosure of mineral resources or mineral reserves must state the effective date of the estimate, the quantity and grade or qualit…
3
Drill hole FIC-24-001 intersected 1.5 metres grading 1.87 g/t Au from 1.5 m to 3.0 m downhole.
ok
Provenance · 1 source record · 1 rule clause
Source records
assay
970d2eb4d514
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
s.3.4
Written disclosure of mineral resources or mineral reserves must state the effective date of the estimate, the quantity and grade or qualit…
4
Drill hole FIC-24-001 intersected 1.5 metres grading 1.20 g/t Ag from 3.0 m to 4.5 m downhole.
ok
Provenance · 1 source record · 1 rule clause
Source records
assay
d0477c74fef0
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
s.3.4
Written disclosure of mineral resources or mineral reserves must state the effective date of the estimate, the quantity and grade or qualit…
5
The qualified person verified the sampling, analytical and test data underlying these results against the original laboratory certificates and chain-of-custody records for all 5 reported intervals.
ok
Provenance · 5 source records · 1 rule clause
Source records
assay
ed7269a2fdee
ingested 2026-08-24 22:55
assay
970d2eb4d514
ingested 2026-08-24 22:55
assay
d0477c74fef0
ingested 2026-08-24 22:55
assay
b0fe05fefca7
ingested 2026-08-24 22:55
assay
ddc618bcb761
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
Form 43-101F1 Item 12
Data verification: the qualified person must describe the steps taken to verify the data disclosed in the technical report, including the s…
6
Mineral resources derived from these results are classified as Inferred under the CIM Definition Standards and are considered too speculative geologically to have economic considerations applied to them.
ok
Provenance · 5 source records · 2 rule clauses
Source records
assay
ed7269a2fdee
ingested 2026-08-24 22:55
assay
970d2eb4d514
ingested 2026-08-24 22:55
assay
d0477c74fef0
ingested 2026-08-24 22:55
assay
b0fe05fefca7
ingested 2026-08-24 22:55
assay
ddc618bcb761
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
s.2.2
All disclosure of mineral resources or mineral reserves must use only the categories set out in the CIM Definition Standards: inferred, ind…
NI43-101
CIM Definitions — Inferred Mineral Resource
An Inferred Mineral Resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limit…
7
A preliminary cash-flow analysis of the deposit indicates an after-tax net present value of approximately C$18 million, based on the Inferred mineral resource outlined above.
blocked
Blocked by gate: ni43101.inferred-economics — economic-analysis language (/\bcash[ -]?flows?\b/) is not permitted when the supporting mineral resources are classified inferred-only (NI 43-101 / CIM restriction on economic analysis of inferred resources)
Provenance · 1 source record · 1 rule clause
Source records
assay
b0fe05fefca7
ingested 2026-08-24 22:55
Regulatory clauses
NI43-101
s.2.3(1)
An issuer must not disclose the results of an economic analysis that includes or is based on inferred mineral resources, the gross value of…