# Gold Mining News in Manitoba Canonical page: https://atlas-staging.minestarters.com/news?commodities=gold®ions=canada_mb Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting. Results: 86 Returned: 10 Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied. Region: Manitoba (canada_mb) Commodity: Gold (gold) Applied filters: {"regions":["canada_mb"],"commodities":["gold"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"} Sort: published_at desc Offset: 0; page size: 10 [Next page](https://atlas-staging.minestarters.com/news.md?commodities=gold®ions=canada_mb&page=2&page_size=10) ## Minnova maps $53M restart for Manitoba gold mine - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/minnova-maps-53m-restart-for-manitoba-gold-mine--9516da65-5d33-4b05-9252-7c286789b234) · [Markdown](https://atlas-staging.minestarters.com/news/minnova-maps-53m-restart-for-manitoba-gold-mine--9516da65-5d33-4b05-9252-7c286789b234.md) - Original announcement: 2026-10-15T15:24:03.000Z - Atlas analysis published: 2026-10-15T18:48:51.257Z - Atlas analysis updated: 2026-10-15T18:48:51.257Z - Company: Minnova (MCI) - Original source: [northernminer](https://www.northernminer.com/news/minnova-maps-53m-restart-for-manitoba-gold-mine/1003895786/) - Atlas sentiment: 0.514 - Atlas tags: PEA-Supporting, Resource Update Minnova has released a Preliminary Economic Assessment (PEA) for its PL gold mine in Manitoba, outlining a $53.4 million restart plan targeting 2028 production. The study projects an 111% IRR and an annual production of 62,200 oz gold over 10 years, leveraging existing infrastructure and an initial open-pit mining phase. ## Minnova Announces Positive Preliminary Economic Assessment for the PL Gold Mine Restart: After-Tax NPV5% of US$181 Million and 111% IRR at US$3,000/oz Gold, Rising to US$439 Million at US$4,000/oz - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/minnova-announces-positive-preliminary-economic-assessment-for-the-pl-gold-mine--785140f2-24da-44a2-9f1b-a32c09636e6d) · [Markdown](https://atlas-staging.minestarters.com/news/minnova-announces-positive-preliminary-economic-assessment-for-the-pl-gold-mine--785140f2-24da-44a2-9f1b-a32c09636e6d.md) - Original announcement: 2026-10-14T21:15:00.000Z - Atlas analysis published: 2026-10-14T21:33:08.197Z - Atlas analysis updated: 2026-10-14T21:33:08.197Z - Company: Minnova Corp. (MCI) - Original source: [newsfile](https://www.newsfilecorp.com/release/319014/Minnova-Announces-Positive-Preliminary-Economic-Assessment-for-the-PL-Gold-Mine-Restart-AfterTax-NPV5-of-US181-Million-and-111-IRR-at-US3000oz-Gold-Rising-to-US439-Million-at-US4000oz) - Atlas sentiment: 0.83 - Atlas tags: PEA-Supporting, NI 43-101 Compliant, QP/CP Signed, Measured Resource, Indicated Resource, Inferred Resource, Cut-off Disclosed, Low Pre-production Capital, Short Payback Period, High IRR, Sensitivity Analysis Disclosed Minnova Corp. announced a positive Preliminary Economic Assessment (PEA) for the restart of its PL Gold Mine, projecting an after-tax NPV5% of US$180.6 million and an IRR of 111% at a base case gold price of US$3,000/oz. The study highlights low pre-production capital of US$53.4 million, a rapid payback of 0.68 years, and a 10-year mine life producing 621.5 thousand ounces of gold. The PEA is based on a 2026 Mineral Resource Estimate that includes high-grade Measured and Indicated resources. ## Minnova Announces Positive Preliminary Economic Assessment for the PL Gold Mine Restart: After-Tax NPV5% of US$181 Million and 111% IRR at US$3,000/oz Gold, Rising to US$439 Million at US$4,000/oz - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/minnova-announces-positive-preliminary-economic-assessment-for-the-pl-gold-mine--88b6db86-6f1a-4b80-8641-c71071f05c5f) · [Markdown](https://atlas-staging.minestarters.com/news/minnova-announces-positive-preliminary-economic-assessment-for-the-pl-gold-mine--88b6db86-6f1a-4b80-8641-c71071f05c5f.md) - Original announcement: 2026-10-14T18:48:02.000Z - Atlas analysis published: 2026-10-14T22:49:08.394Z - Atlas analysis updated: 2026-10-14T22:49:08.394Z - Company: Minnova Corp. (MCI) - Original source: [jmn](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1808-tsx-venture/mci/212911-minnova-announces-positive-preliminary-economic-assessment-for-the-pl-gold-mine-restart-after-tax-npv5-of-us-181-million-and-111-irr-at-us-3-000-oz-gold-rising-to-us-439-million-at-us-4-000-oz.html) - Atlas sentiment: 0.712 - Atlas tags: High NPV, High IRR, Low Initial Capex, Short Payback Period, Existing Infrastructure Utilized, PEA-Supporting, Inferred Resource, Non-GAAP Measures Used, Measured Resource, Indicated Resource, NI 43-101 Compliant, QP/CP Signed, Cut-off Disclosed, Resource Update Minnova announced a positive Preliminary Economic Assessment (PEA) for its PL Gold Mine restart, projecting an after-tax NPV5% of US$181 million and an IRR of 111% at a base case gold price of US$3,000/oz. The study highlights low pre-production capital of US$53.4 million, a short 0.68-year payback, and estimated production of 621.5 thousand ounces of gold over a 10-year mine life. The PEA is based on a combined open-pit and underground operation, utilizing existing mill and site infrastructure, and incorporates the 2026 Mineral Resource Estimate. ## NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points to a Significantly Larger Opportunity to the South at Pipy Property, Thompson, Manitoba - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--3a87e178-4a1e-4d6f-858c-85214812f596) · [Markdown](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--3a87e178-4a1e-4d6f-858c-85214812f596.md) - Original announcement: 2026-10-13T11:15:53.805Z - Atlas analysis published: 2026-10-13T11:27:03.176Z - Atlas analysis updated: 2026-10-13T11:27:03.176Z - Company: NiCAN Limited (NICN) - Original source: [cnw](https://www.newswire.ca/news-releases/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points-to-a-significantly-larger-opportunity-to-the-south-at-pipy-property-thompson-manitoba-891520134.html) - Atlas sentiment: 0.309 - Atlas tags: QA/QC Disclosed, Apparent Width Only, Stale Data Re-release, Step-Out Extension, Bonanza Intercept NiCAN Limited announced drill results from its Pipy South Property in Manitoba, confirming the Horseshoe Gold Zone extends over 400 meters in strike length with broad, near-surface gold mineralization. The program also identified larger, geologically similar structures to the south, pointing to significant exploration upside. While most new intercepts show moderate to weak gold grades, a high-grade sub-interval of 8.01 g/t Au over 2.0 meters was reported, and the company plans further drilling to test extensions and new targets. ## NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points to a Significantly Larger Opportunity to the South at Pipy Property, Thompson, Manitoba - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--e8e981a3-e016-4016-a5e1-bc0804bd1fef) · [Markdown](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--e8e981a3-e016-4016-a5e1-bc0804bd1fef.md) - Original announcement: 2026-10-13T11:00:00.000Z - Atlas analysis published: 2026-10-13T11:59:04.353Z - Atlas analysis updated: 2026-10-13T11:59:04.353Z - Company: NiCAN Limited (NICN.V) - Original source: [orestocks](https://orestocks.com/company/NICN.V/press-releases/8016564029710944) - Atlas sentiment: 0.712 - Atlas tags: Step-Out Extension, QA/QC Disclosed, Apparent Width Only, Stale Data Re-release NiCAN Limited announced complete assay results from a 16-hole diamond drill program at its Pipy South Property, confirming the Horseshoe Gold Zone extends over 400 metres in strike length and remains open in all directions. The program intersected broad, near-surface gold mineralization, including a high-grade intercept of 8.01 g/t Au over 2.0 metres. Geological work also identified larger, geologically similar structures to the south, indicating significant exploration potential. ## NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points t... - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--748578e3-2fbb-471a-b377-f31f0d440d79) · [Markdown](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--748578e3-2fbb-471a-b377-f31f0d440d79.md) - Original announcement: 2026-10-13T00:00:00.000Z - Atlas analysis published: 2026-10-13T13:29:53.263Z - Atlas analysis updated: 2026-10-13T13:29:53.263Z - Company: NiCAN Limited (NICN) - Original source: [prospectors_exchange](https://www.nicanltd.com/_resources/news/20261013%20NiCAN_Pipy%20South%20Exploration%20Program.pdf) - Atlas sentiment: 0.6 - Atlas tags: None NiCAN Limited announced complete assay results from a 16-hole diamond drill program at its Pipy South Property in Manitoba, confirming the Horseshoe Gold Zone extends over 400 metres in strike length and remains open in all directions. The program intersected broad, near-surface gold mineralization, with highlights including 8.01 g/t gold over 2.0 metres within a 30.0-metre interval of 0.90 g/t gold. Geological work also identified potentially larger, geologically similar structures to the south, indicating significant exploration upside. ## NiCAN Confirms Horseshoe Gold Zone Extends Beyond 400-Metre in Strike and Points to a Significantly Larger Opportunity to the South at Pipy Property, Thompson, Manitoba - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--cba75fa7-fe62-4dd4-b3c7-96d4de39b6b7) · [Markdown](https://atlas-staging.minestarters.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points--cba75fa7-fe62-4dd4-b3c7-96d4de39b6b7.md) - Original announcement: 2026-10-13T00:00:00.000Z - Atlas analysis published: 2026-10-13T13:22:37.181Z - Atlas analysis updated: 2026-10-13T13:22:37.181Z - Company: NiCAN Limited (NICN) - Original source: [prospectors_exchange](https://www.nicanltd.com/news/nican-confirms-horseshoe-gold-zone-extends-beyond-400-metre-in-strike-and-points-to-a-significantly-larger-opportunity-to-the-south-at-pipy-property-thompson-manitoba) - Atlas sentiment: 0.471 - Atlas tags: Apparent Width Only, QA/QC Disclosed, Stale Data Re-release, Step-Out Extension NiCAN Limited announced drill results from its Pipy South Property in Manitoba, confirming the Horseshoe Gold Zone extends over 400 metres in strike length and remains open in all directions. The program intersected broad, near-surface gold mineralization, with highlights including 8.01 g/t Au over 2.0 metres and 1.05 g/t Au over 28.3 metres. The company also identified potential for significantly larger, geologically similar structures to the south, which will guide future exploration. ## 1911 Gold hits 5 metres of 7.55 g/t gold, stock lifts - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/1911-gold-hits-5-metres-of-7-55-g-t-gold-stock-lifts--5f966ab1-b0fd-4960-8450-18e29bd87b1b) · [Markdown](https://atlas-staging.minestarters.com/news/1911-gold-hits-5-metres-of-7-55-g-t-gold-stock-lifts--5f966ab1-b0fd-4960-8450-18e29bd87b1b.md) - Original announcement: 2026-10-06T17:03:17.000Z - Atlas analysis published: 2026-10-06T21:02:53.589Z - Atlas analysis updated: 2026-10-06T21:02:53.589Z - Company: 1911 Gold (AUMB) - Original source: [canadianminingjournal](https://www.canadianminingjournal.com/news/1911-gold-hits-5-metres-of-7-55-g-t-gold-stock-lifts/) - Atlas sentiment: 0.649 - Atlas tags: Bonanza Intercept, Infill Drilling 1911 Gold has released new drill results from its True North gold project in Manitoba, featuring high-grade intercepts including 32.40 g/t gold over 1.10 metres. The drilling was part of an underground resource expansion program targeting the 710-711 and 007 zones. ## 1911 Gold's True North Resource Expansion Drilling Intersects up to 7.55 g/t Au over 5.00 m, Including 32.90 g/t Au over 0.50 m at the 710-711 Zone, and up to 21.20 g/t Au over 0.60 m at the 007 Zone - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/1911-gold-s-true-north-resource-expansion-drilling-intersects-up-to-7-55-g-t-au--6eb61923-37ca-4c3d-98a5-b357f929cdd6) · [Markdown](https://atlas-staging.minestarters.com/news/1911-gold-s-true-north-resource-expansion-drilling-intersects-up-to-7-55-g-t-au--6eb61923-37ca-4c3d-98a5-b357f929cdd6.md) - Original announcement: 2026-10-06T11:02:00.000Z - Atlas analysis published: 2026-10-06T11:19:18.895Z - Atlas analysis updated: 2026-10-06T11:19:18.895Z - Company: 1911 Gold Corporation (AUMB.V) - Original source: [orestocks](https://orestocks.com/company/AUMB.V/press-releases/5105957109829160) - Atlas sentiment: 0.499 - Atlas tags: Bonanza Intercept, Apparent Width Only, Step-Out Extension, QA/QC Disclosed, Compositing Transparent 1911 Gold announced high-grade gold drill results from its True North Gold Project in Manitoba, Canada, targeting resource expansion at the 710-711 and 007 zones. Highlights include 7.55 g/t Au over 5.00 m (including 32.90 g/t Au over 0.50 m) and 21.20 g/t Au over 0.60 m. These results confirm extensions of gold mineralization outside the current Mineral Resource Estimate and will be incorporated into an updated resource estimate expected in Q4/2026. ## 1911 Gold: News - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/1911-gold-news--5cb6f87f-b6ec-4335-8fe0-f257f063c91d) · [Markdown](https://atlas-staging.minestarters.com/news/1911-gold-news--5cb6f87f-b6ec-4335-8fe0-f257f063c91d.md) - Original announcement: 2026-10-06T00:00:00.000Z - Atlas analysis published: 2026-10-07T12:12:17.871Z - Atlas analysis updated: 2026-10-07T12:12:17.871Z - Company: 1911 Gold Corporation (AUMB) - Original source: [prospectors_exchange](https://www.1911gold.com/news/1911-golds-true-north-resource-expansion-drilling-intersects-up-to-7-55-gt-au-over-5-00-m-including-32-90-gt-au-over-0-50-m-at-the-710-711-zone-and-up-to-21-20-gt-au-over-0-60-m-at-the-007-zone) - Atlas sentiment: 0.748 - Atlas tags: True Width Disclosed, Step-Out Extension, QA/QC Disclosed, Compositing Transparent, QP/CP Signed, Infill Drilling 1911 Gold Corporation announced high-grade gold assay results from its underground resource expansion drill program at the True North Gold Project in Manitoba, Canada. The drilling successfully extended gold mineralization in the 710-711 and 007 zones, with highlights including 32.90 g/t Au over 0.50 m and 7.55 g/t Au over 5.00 m. These results will be incorporated into an updated Mineral Resource Estimate expected in Q4/2026. # Atlas tag definitions - **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm. - **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length. - **Step-Out Extension:** Mineralization extended beyond the previously known limit. - **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates). - **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. - **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty. - **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. - **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release. - **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery. - **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results. - **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. - **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. - **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors. - **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors. - **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. - **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved. - **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics. - **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. - **QP/CP Signed:** 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. - **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. - **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard. - **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard. - **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. - **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence. - **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. - **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. - **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. - **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. - **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. - **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. - **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding. - **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. - **No QP/CP Disclosure:** 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. - **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. - **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress. - **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. - **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. - **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. - **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route. - **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation. - **Free Milling:** Simple, clean ore amenable to standard processing without oxidation. - **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed. - **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route. - **Low Recovery:** Recovery below the weak band for the commodity and processing route. - **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Single Domain Only:** Testing limited to one composite or domain — representativeness not established. - **Recovery Stagnant:** No improvement across multiple test programs on comparable material. - **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result. - **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. - **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation). - **Gravity Route:** Gravity separation forms a material part of the flowsheet. - **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX. - **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.