Contango sharpens Lucky Shot mine picture
Original announcement by miningnewsnorth on
- Company
- Contango Silver and Gold Inc.
- Ticker
- Unavailable
- Exchange
- Unavailable
- Region
- Alaska
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update
- Extracted
- 2026-10-08 02:22:07 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Contango Silver and Gold Inc. has reported high-grade gold drill results from both underground and surface drilling at the Lucky Shot project in Alaska. The results include several bonanza-grade intercepts and aim to support an upcoming resource update and feasibility study for a direct shipping ore mine.
Reasoning: The release reports multiple high-grade gold intercepts from recent underground and surface drilling, alongside details of an existing resource, supporting the company's goal of a feasibility study.
Positive factors
- High-grade gold intercepts reported in both underground and surface drilling
- Bonanza grade intercept of 972.1 g/t gold
- Expansion of underground development to support resource growth
- Existing resource base provides a strong foundation
Facts used in scoring: 17
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 0.17 m at 972.1 g/t gold is an exceptionally high-grade intercept.
Evidence · text
“0.17 meters averaging 972.1 g/t gold in hole LSU26091”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions drilling and assay results but does not explicitly detail QA/QC protocols like blanks or standards in this specific text snippet.
Evidence · text
“Highlights from the latest batch of assays from the surface drilling include”
Extracted facts
Stored fact records: 17. Some facts used in scoring do not have a stored record.
Drill Results (15)
LSU25031Lucky Shot · goldGrade: 60.22Grade Unit: g/tIntercept: 5.92 mView all detailsHide details
Identity
- Hole ID
- LSU25031
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 60.22
- Grade Unit
- g/t
- Intercept
- 5.92 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU25031:null-null
- Mining Method
- underground
Location
- Location
- KM vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: 60.22 g/t gold over 5.92m is a very strong intercept for a vein system.
Positive factors
- Strong high-grade gold intercept
Evidence · text
“5.92 meters averaging 60.22 g/t gold in hole LSU25031 (KM vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSU25039Lucky Shot · goldGrade: 5.45Grade Unit: g/tIntercept: 5.28 mView all detailsHide details
Identity
- Hole ID
- LSU25039
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 5.45
- Grade Unit
- g/t
- Intercept
- 5.28 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU25039:null-null
- Mining Method
- underground
Location
- Location
- L1c Vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Moderate grade intercept.
Positive factors
- Solid gold grade
Evidence · text
“5.28 meters averaging 5.45 g/t gold in hole LSU25039 (L1c Vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSU25041Lucky Shot · goldGrade: 82.33Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- LSU25041
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 82.33
- Grade Unit
- g/t
- Intercept
- 0.5 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU25041:null-null
- Mining Method
- underground
Location
- Location
- L1c Vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Very high grade but very narrow intercept.
Positive factors
- High grade intercept
Negative factors
- Narrow width
Evidence · text
“0.5 meters averaging 82.33 g/t gold in hole LSU25041 (L1c Vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSU25050Lucky Shot · goldGrade: 99.75Grade Unit: g/tIntercept: 0.32 mView all detailsHide details
Identity
- Hole ID
- LSU25050
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 99.75
- Grade Unit
- g/t
- Intercept
- 0.32 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU25050:null-null
- Mining Method
- underground
Location
- Location
- KM Vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Exceptional grade intercept.
Positive factors
- Bonanza grade
Negative factors
- Extremely narrow width
Evidence · text
“0.32 meters averaging 99.75 g/t gold in hole LSU25050 (KM Vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSU26064Lucky Shot · goldGrade: 16.06Grade Unit: g/tIntercept: 2.89 mView all detailsHide details
Identity
- Hole ID
- LSU26064
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 16.06
- Grade Unit
- g/t
- Intercept
- 2.89 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU26064:null-null
- Mining Method
- underground
Location
- Location
- CK Vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Good high-grade intercept.
Positive factors
- Strong grade
Evidence · text
“2.89 meters averaging 16.06 g/t gold in hole LSU26064 (CK Vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSU26078Lucky Shot · goldGrade: 8.89Grade Unit: g/tIntercept: 5.3 mView all detailsHide details
Identity
- Hole ID
- LSU26078
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 8.89
- Grade Unit
- g/t
- Intercept
- 5.3 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU26078:null-null
- Mining Method
- underground
Location
- Location
- L1d Vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Respectable intercept.
Positive factors
- Solid grade and width
Evidence · text
“5.3 meters averaging 8.89 g/t gold in hole LSU26078 (L1d Vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSU26091Lucky Shot · goldGrade: 972.1Grade Unit: g/tIntercept: 0.17 mView all detailsHide details
Identity
- Hole ID
- LSU26091
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 972.1
- Grade Unit
- g/t
- Intercept
- 0.17 m
Classification
- Deposit Type
- other
- Program
- resource
- Sample Type
- drill
- Group ID
- LSU26091:null-null
- Mining Method
- underground
Location
- Location
- L1d Vein
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Exceptional bonanza grade intercept.
Positive factors
- Bonanza grade
Negative factors
- Extremely narrow width
Evidence · text
“0.17 meters averaging 972.1 g/t gold in hole LSU26091 (L1d Vein)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "resource"
LSS26003Lucky Shot · goldGrade: 81.57Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- LSS26003
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 81.57
- Grade Unit
- g/t
- Intercept
- 0.5 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26003:null-null
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: High grade surface intercept.
Positive factors
- High grade
Negative factors
- Narrow width
Evidence · text
“0.5 meters averaging 81.57 g/t gold in hole LSS26003”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26016Lucky Shot · goldGrade: 86.05Grade Unit: g/tIntercept: 2.45 mView all detailsHide details
Identity
- Hole ID
- LSS26016
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 86.05
- Grade Unit
- g/t
- Intercept
- 2.45 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26016:null-null
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Strong surface intercept.
Positive factors
- High grade
Evidence · text
“2.45 meters averaging 86.05 g/t gold in LSS26016”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26018Lucky Shot · goldGrade: 140.23Grade Unit: g/tIntercept: 0.63 mView all detailsHide details
Identity
- Hole ID
- LSS26018
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 140.23
- Grade Unit
- g/t
- Intercept
- 0.63 m
- From
- 171.65 m
- To
- 172.28 m
- Intercept Depth
- 171.65 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26018:171.65-172.28
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: High grade surface intercept.
Positive factors
- High grade
Negative factors
- Narrow width
Evidence · text
“0.63 meters averaging 140.23 g/t gold from a depth of 171.65 meters”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26018Lucky Shot · goldGrade: 9.97Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- LSS26018
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 9.97
- Grade Unit
- g/t
- Intercept
- 4.57 m
- From
- 177.7 m
- To
- 182.27 m
- Intercept Depth
- 177.7 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26018:177.7-182.27
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Moderate grade intercept.
Positive factors
- Solid grade and width
Evidence · text
“4.57 meters averaging 9.97 g/t gold from 177.7 meters in hole LSS26018”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26019Lucky Shot · goldGrade: 13.8Grade Unit: g/tIntercept: 2.74 mView all detailsHide details
Identity
- Hole ID
- LSS26019
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 13.8
- Grade Unit
- g/t
- Intercept
- 2.74 m
- From
- 169.2 m
- To
- 171.94 m
- Intercept Depth
- 169.2 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26019:169.2-171.94
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Respectable intercept.
Positive factors
- Solid grade
Evidence · text
“2.74 meters averaging 13.8 g/t gold from a depth of 169.2 meters in hole LSS26019”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26019Lucky Shot · goldGrade: 118.36Grade Unit: g/tIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- LSS26019
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 118.36
- Grade Unit
- g/t
- Intercept
- 0.3 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26019:169.2-null
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: High grade sub-interval.
Positive factors
- High grade
Negative factors
- Narrow width
Evidence · text
“including 0.3 meters of 118.36 g/t gold”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26021Lucky Shot · goldGrade: 18.16Grade Unit: g/tIntercept: 3.65 mView all detailsHide details
Identity
- Hole ID
- LSS26021
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 18.16
- Grade Unit
- g/t
- Intercept
- 3.65 m
- From
- 199.79 m
- To
- 203.44 m
- Intercept Depth
- 199.79 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26021:199.79-203.44
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Respectable intercept.
Positive factors
- Solid grade and width
Evidence · text
“3.65 meters averaging 18.16 g/t gold from a depth of 199.79 meters in hole LSS26021”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LSS26021Lucky Shot · goldGrade: 61.73Grade Unit: g/tIntercept: 0.52 mView all detailsHide details
Identity
- Hole ID
- LSS26021
- Project
- Lucky Shot
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 61.73
- Grade Unit
- g/t
- Intercept
- 0.52 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LSS26021:199.79-null
- Mining Method
- unknown
Location
- Location
- Coleman segment
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: High grade sub-interval.
Positive factors
- High grade
Negative factors
- Narrow width
Evidence · text
“including 0.52 meters of 61.73 g/t gold”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (2)
indicatedgoldTonnes: 226963Grade: 14.5Grade Unit: g/tContained Metal: 105620Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:f6f4fb3b83530a5c4bb5
Resource Data
- Category
- indicated
- Tonnes
- 226963
- Grade
- 14.5
- Grade Unit
- g/t
- Contained Metal
- 105620
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-01-01T00:00:00.000Z
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Existing indicated resource from a 2023 estimate.
Positive factors
- Solid indicated resource
Evidence · text
“Lucky Shot hosts 105,620 ounces of gold in 226,963 metric tons of indicated resource averaging 14.5 grams per metric ton gold”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No QP/CP Disclosurenegative
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.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.8 years before this release
inferredgoldTonnes: 82058Grade: 9.5Grade Unit: g/tContained Metal: 25110Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:f6ea7c335d7ae6f6d336
Resource Data
- Category
- inferred
- Tonnes
- 82058
- Grade
- 9.5
- Grade Unit
- g/t
- Contained Metal
- 25110
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2023-01-01T00:00:00.000Z
Dates
- Event date
- 2026-10-07T00:00:00.000Z
Reasoning: Existing inferred resource from a 2023 estimate.
Positive factors
- Existing inferred resource
Evidence · text
“plus 25,110 oz in 82,058 metric tons of inferred resource averaging 9.5 g/t gold”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
No QP/CP Disclosurenegative
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.
Why it applies: no Qualified or Competent Person is named anywhere in the release
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 3.8 years before this release
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.