{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-24-000573","form_type":"8-K","ticker":null,"cik":"0000851726","company_name":"Santa Fe Gold CORP","filed_at":"2024-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.059802+00:00","generated_at":"2026-06-04T08:15:22.564545+00:00","sec_items":["1.02","2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Santa Fe Gold terminates mining project, records $1.4M write-down on mineral rights","bullets":["Terminated Duncan, AZ mill/mine project after failing to secure affordable financing; water rights canceled in mid-November.","Proposed loan interest rate exceeded prime rate plus declining gold/silver prices reduced cash flow projections by ~$500K.","Monthly mine payments were set to increase to $175,000, worsening project economics.","Will record a $1.4M write-down of mineral rights in Q1 2024 financial statements; focus shifts to TMRC/Alhambra project."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-24-000573","json":"https://secwatch.observer/filing/0001096906-24-000573.json","markdown":"https://secwatch.observer/filing/0001096906-24-000573.md","text":"https://secwatch.observer/filing/0001096906-24-000573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/851726/000109690624000573/0001096906-24-000573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/851726/000109690624000573/sfgc-20240321.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:15:22.564545+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5fbbf43487c976fc46ec50ccfcc531ca278fba11","claim":"Santa Fe Gold CORP announced a impairment with charges of $1,400,000 affecting mineral rights.","evidence_excerpt":"The Company in our financial statements for the quarter ending March 31, 2024, will recognize a write down of $1,400,000 in mineral rights with the termination of the Agreement.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/851726/000109690624000573/0001096906-24-000573-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"$1,400,000"},{"label":"Affected area","value":"mineral rights"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}