# Churchill Discovers 20 Gold-Silver-Molybdenum-Lead-Zinc Veins Within a 150m Wide Swarm at Pomley Cove Pond, Black Raven Property

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3

Original source: https://money.tmx.com/en/quote/CRI/news/8339536289124177/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide

Publisher: tmx

Original announcement: 2026-02-25T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Churchill Resources Inc.

- Ticker: CRI

- Exchange: TSX

- Region: Central Newfoundland

- Primary commodity: Gold

- Secondary commodities: Silver, Molybdenum, Lead, Zinc

- Document categories: Drill results, Other

- Extracted: 2026-08-21 06:39:02 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Churchill Resources has discovered a 150m wide polymetallic vein swarm at the Pomley Cove Pond area of the Black Raven Project. Initial 'wildcat' drilling \(PC25-01 and PC25-02\) intersected at least 20 veins containing gold, silver, lead, zinc, and molybdenum.

Reasoning: The announcement reports significant maiden drill success at a new target within the Black Raven property, discovering a wide polymetallic vein swarm with high-grade gold-silver-base metal intercepts.

- Positive factor: Discovery of 20 veins within a wide 150m swarm

- Positive factor: High-grade polymetallic intercepts

- Positive factor: Strong continuity suggested from surface to subsurface

- Positive factor: Maiden drill success at a new target \(Pomley Cove Pond\)

- Negative factor: Metal equivalent assumptions used without metallurgical studies

- Negative factor: Molybdenum values only reported as above detection limit in one intercept

Facts used in scoring: 16

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions Eastern Analytical laboratory and QP sign-off by Dr. Derek Wilton.

Evidence · text

> All samples were labelled, securely bound, and delivered to the Eastern Analytical \(EA\) laboratory

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Discovery of a new vein swarm at Pomley Cove Pond within the Black Raven property.

Evidence · text

> Churchill Discovers 20 Gold-Silver-Molybdenum-Lead-Zinc Veins Within a 150m Wide Swarm

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: Au Eq values reported without explicit disclosure of the specific recovery factors used in the text \(though mentioned in a footnote, they are not fully transparent for all metals\).

Evidence · text

> Au Eq values were calculated using long-term metal price forecasts

## Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

## Drill Results (16)

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-0)

Black Raven · gold

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: gold
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 4.77
- Grade Unit: g/t
- Intercept: 0.31 m
- From: 65.74 m
- To: 66.05 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-66.05
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: High grade gold intercept within a sub-interval.

- Positive factor: High grade intercept

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-1)

Black Raven · silver

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: silver
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 118.4
- Grade Unit: g/t
- Intercept: 0.31 m
- From: 65.74 m
- To: 66.05 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-66.05
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Silver grade reported in polymetallic intercept.

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-2)

Black Raven · lead

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: lead
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 4.05
- Grade Unit: %
- Intercept: 0.31 m
- From: 65.74 m
- To: 66.05 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-66.05
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Lead grade reported in polymetallic intercept.

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-3)

Black Raven · zinc

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: zinc
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 9.6
- Grade Unit: %
- Intercept: 0.31 m
- From: 65.74 m
- To: 66.05 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-66.05
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Zinc grade reported in polymetallic intercept.

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-4)

Black Raven · gold

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: gold
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 7.34
- Grade Unit: g/t
- Intercept: 0.2 m
- From: 41.98 m
- To: 42.18 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:41.98-42.18
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: High grade gold intercept in a narrow vein.

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-5)

Black Raven · silver

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: silver
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 87.2
- Grade Unit: g/t
- Intercept: 0.2 m
- From: 41.98 m
- To: 42.18 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:41.98-42.18
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Silver grade reported in polymetallic intercept.

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-6)

Black Raven · lead

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: lead
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 2.35
- Grade Unit: %
- Intercept: 0.2 m
- From: 41.98 m
- To: 42.18 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:41.98-42.18
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Lead grade reported in polymetallic intercept.

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-7)

Black Raven · zinc

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: zinc
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 2.14
- Grade Unit: %
- Intercept: 0.2 m
- From: 41.98 m
- To: 42.18 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:41.98-42.18
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Zinc grade reported in polymetallic intercept.

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-8)

Black Raven · gold

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: gold
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 2.82
- Grade Unit: g/t
- Intercept: 0.23 m
- From: 92.44 m
- To: 92.67 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:92.44-92.67
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Gold grade reported in sub-interval.

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-9)

Black Raven · silver

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: silver
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 21.7
- Grade Unit: g/t
- Intercept: 0.23 m
- From: 92.44 m
- To: 92.67 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:92.44-92.67
- Mining Method: underground

#### QA/QC

- Laboratory: Eastern Analytical
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Silver grade reported in sub-interval.

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-10)

Black Raven · gold

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: gold
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 4.77
- Grade Unit: g/t
- Intercept: 1.37 m
- From: 65.74 m
- To: 67.11 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-67.11
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Expanded from assay table. 4.77 g/t gold is moderate against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 6.5 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.77

Context: PC25-01

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-11)

Black Raven · silver

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: silver
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 118.4
- Grade Unit: g/t
- Intercept: 1.37 m
- From: 65.74 m
- To: 67.11 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-67.11
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Expanded from assay table. 118.4 g/t silver is moderate against the default band \[500, 200, 100, 30\] g/t. Grade×width 162.2 g/t·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 118.4

Context: PC25-01

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-12)

Black Raven · lead

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: lead
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 4.05
- Grade Unit: %
- Intercept: 1.37 m
- From: 65.74 m
- To: 67.11 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-67.11
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Expanded from assay table. 4.05 % lead is moderate against the default band \[10, 6, 3, 1\] %. Grade×width 5.5 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.05

Context: PC25-01

### PC25-01

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-13)

Black Raven · zinc

#### Identity

- Hole ID: PC25-01
- Project: Black Raven
- Commodity: zinc
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 9.6
- Grade Unit: %
- Intercept: 1.37 m
- From: 65.74 m
- To: 67.11 m

#### Classification

- Sample Type: drill
- Group ID: PC25-01:65.74-67.11
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Expanded from assay table. 9.6 % zinc is moderate against the default band \[18, 10, 5, 2\] %. Grade×width 13.2 %·m is below \(grade alone is moderate; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 9.6

Context: PC25-01

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-14)

Black Raven · gold

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: gold
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 2.82
- Grade Unit: g/t
- Intercept: 0.43 m
- From: 92.44 m
- To: 92.87 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:92.44-92.87
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Expanded from assay table. 2.82 g/t gold is weak against the underground mining band \[15, 7, 4, 2.5\] g/t. Grade×width 1.2 g/t·m is below \(grade alone is weak; the better of the two is used\).

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 2.82

Context: PC25-02

### PC25-02

[Link to this fact](https://atlas-staging.minestarters.com/news/churchill-discovers-20-gold-silver-molybdenum-lead-zinc-veins-within-a-150m-wide--4efb50fe-a20d-4414-8360-407fb32f5be3#fact-drill-facts-15)

Black Raven · silver

#### Identity

- Hole ID: PC25-02
- Project: Black Raven
- Commodity: silver
- Region: canada\_nl
- Reported Region: Central Newfoundland
- Ticker: CRI

#### Geometry

- Grade: 21.7
- Grade Unit: g/t
- Intercept: 0.43 m
- From: 92.44 m
- To: 92.87 m

#### Classification

- Sample Type: drill
- Group ID: PC25-02:92.44-92.87
- Mining Method: underground

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-25T00:00:00.000Z

Reasoning: Expanded from assay table. 21.7 g/t silver is below against the default band \[500, 200, 100, 30\] g/t. Grade×width 9.3 g/t·m is below.

- Negative factor: 21.7 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 21.7

Context: PC25-02

## 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.