The operating system for modern
mineral disclosure.
MiDAS is the Mineral Information Data Analysis System. Resource and reserve estimation, production modeling, capital planning, and technical-report generation — all in one platform, all linked back to one source dataset, all reviewed and signed by a Qualified Person.
Built for the regulatory cadence that public mining companies actually live with: annual SK-1300 / NI 43-101 / JORC technical reports, quarterly 10-Q and MD&A cross-references, ASX Listing Rule 3.1 continuous disclosure, and the material-change re-disclosures that come without warning.
Mineral reports today are written like it's 1995.
The typical SK-1300 or NI 43-101 engagement is six to nine months of consultants in a war-room, costs USD $80k to $400k, and is stale before it's filed. The market moved on; the report didn't.
Public mining companies are required to disclose material changes in reserves as they happen, and to publish refreshed technical reports each time the resource changes significantly. The current operating model can't economically support that cadence — so most companies file once per year, hold their breath, and hope nothing material happens between reports.
MiDAS changes the unit economics. The platform models the resource continuously. Every quarter the same dataset produces an updated SK-1300, an updated NI 43-101, and an updated JORC report — formatted to each regulator, ready for QP signoff, filed via the automated EDGAR / SEDAR+ / ASX pipelines.
The result: real-time reserves disclosure for a fraction of the legacy cost.
Six modules, one source of truth.
Everything from the drillhole database to the filed Form 43-101F1 lives in MiDAS. Each module reads from and writes to the same resource dataset, so a change at the block-model level propagates immediately through production schedules, capex models, valuation, and disclosure.
Resource & Reserve Engine
Centralized resource and reserve estimation across an asset portfolio. One source of truth for tonnage, grade, ounces, and contained metal — auditable, versioned, exhibit-ready.
Production & Capex Modeling
Life-of-mine production schedules, capital expense estimation, depletion management. The same model that drives the 10-Q's reserves table also drives the lender's cashflow forecast.
Geoeconomic Translation
Geology becomes numbers the board, the lender, and the market all read the same way. NPV, IRR, AISC, payback — all linked back to the underlying block model.
Technical Report Generation
SK-1300 Technical Report Summaries (US), NI 43-101 Technical Reports (Canada), and JORC Code Public Reports (Australia) — generated from one source dataset, formatted to each regulator's template.
MiDASai — AI Layer
Trend detection across grade, recovery, throughput, and pricing. Recommendations on production planning, capex timing, and reserve replenishment. Continuous-disclosure monitoring so material changes surface before they become a compliance event.
Secure Filing Pipeline
Automated submission to SEC EDGAR (10-K, 10-Q, 8-K, ex-96 SK-1300) and Canadian SEDAR+ (AIF, MD&A, NI 43-101). End-to-end audit trail, accession-number receipts, hash-pinned to the artifact filed.
Three jurisdictions, one platform.
SK-1300, NI 43-101, and JORC are different in form but similar in substance. MiDAS produces all three from one source dataset.
SEC S-K 1300
United StatesItem 1300 of Regulation S-K — replaced Industry Guide 7 in 2021. Technical Report Summaries are required as Exhibit 96 to annual filings (10-K), registration statements (S-1, F-1), and 20-F for foreign private issuers. Material changes between cycles trigger re-disclosure. MiDAS produces Exhibit 96 in the format the SEC's EDGAR Filer Submission API accepts.
NI 43-101
CanadaNational Instrument 43-101 governs mineral disclosure for issuers on Canadian exchanges. Technical Reports are required on a triggered basis — annual filings, prospectuses, material change reports, and any disclosure containing scientific or technical information about a mineral project. SEDAR+ replaced SEDAR in June 2023 and is the filing venue. MiDAS generates the Form 43-101F1 template ready for QP signature.
JORC Code 2012
AustraliaThe Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves — the standard for ASX continuous disclosure under Listing Rule 3.1. Competent Persons sign off on each report. MiDAS produces JORC Tables 1, 2, and 3 with the Competent Person Statement attached.
Every quarter, an updated technical report.
Public mining companies file financial statements every quarter — and cross-reference reserves in every one. Investors price the stock against those reserves. Auditors check them. Lenders covenant against them. And yet most companies still refresh the underlying technical report only once per year.
Until now it has been too expensive to do otherwise. A quarterly NI 43-101 engagement is a quarter-million dollars per year per asset; quarterly SK-1300 reporting was effectively impossible.
MiDAS makes quarterly disclosure economical for the first time. The platform is the cost. The QP review is incremental. The filing pipeline is automated. Investor confidence compounds.
Junior explorers through to multinational majors.
MiDAS scales from a one-claim exploration story to a multi- jurisdiction enterprise portfolio. Three subscription tiers, each priced against the alternative — what you would pay a traditional QP firm to do this manually.
Junior Explorer
Pre-revenue, 1–3 claims, raising capital
Replace $80k+ NI 43-101 / SK-1300 engagements with a platform subscription. Sign off via Mark Slatten or your existing QP. Update reserves every quarter without paying for a fresh report each time.
Mid-Cap Operator
Producing, 4–10 claims, listed
Quarterly disclosure refresh becomes economically viable. Investor-relations confidence on the 10-Q. Materially-changed reserves are surfaced by MiDASai before the auditor finds them.
Enterprise Major
Multi-jurisdiction, multi-listing, complex portfolio
One operating system across SEC + SEDAR+ + ASX. Dual-listed reporting from a single source dataset. Dedicated QP review hours, white-glove onboarding, custom integrations with internal SAP / ERP.
Subscription pricing is published in US dollars, per month, on our pricing page. Talk to us about your portfolio and we'll quote against your current annual disclosure spend.
Mark H. Slatten — Principal Geologist & QP.
Every MiDAS-produced report can be signed by Mark Slatten, our Principal Geologist and Qualified Person. Professional geologist since 1978, registered in California, Alaska, Nevada, and Washington. SK-1300 author of record on Yellow Jacket 2A and other producing claims. Available for QP signoff on MiDAS deliverables; also available to certify partner-firm geologists who want to operate MiDAS under their own brand.
Spend less on disclosure. Disclose more.
Talk to us about your current SK-1300, NI 43-101, or JORC workload. We'll quote MiDAS against your existing annual disclosure spend and show you what quarterly refreshes would look like for your portfolio.