# Contango sharpens Lucky Shot mine picture

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4

Original source: https://www.miningnewsnorth.com/story/2026/10/09/news-nuggets/contango-sharpens-lucky-shot-mine-picture/9900.html

Publisher: miningnewsnorth

Original announcement: 2026-10-07T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-08T02:22:07.006Z

Atlas analysis updated: 2026-10-08T02:22:07.006Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercepts reported in both underground and surface drilling

- Positive factor: Bonanza grade intercept of 972.1 g/t gold

- Positive factor: Expansion of underground development to support resource growth

- Positive factor: Existing resource base provides a strong foundation

Facts used in scoring: 17

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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)

### LSU25031

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-0)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSU25039

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-1)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSU25041

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-2)

Lucky Shot · gold

#### 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 factor: High grade intercept

- Negative factor: Narrow width

Evidence · text

> 0.5 meters averaging 82.33 g/t gold in hole LSU25041 \(L1c Vein\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSU25050

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-3)

Lucky Shot · gold

#### 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 factor: Bonanza grade

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSU26064

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-4)

Lucky Shot · gold

#### 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 factor: Strong grade

Evidence · text

> 2.89 meters averaging 16.06 g/t gold in hole LSU26064 \(CK Vein\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSU26078

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-5)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSU26091

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-6)

Lucky Shot · gold

#### 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 factor: Bonanza grade

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LSS26003

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-7)

Lucky Shot · gold

#### 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 factor: High grade

- Negative factor: Narrow width

Evidence · text

> 0.5 meters averaging 81.57 g/t gold in hole LSS26003

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26016

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-8)

Lucky Shot · gold

#### 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 factor: High grade

Evidence · text

> 2.45 meters averaging 86.05 g/t gold in LSS26016

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26018

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-9)

Lucky Shot · gold

#### 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 factor: High grade

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26018

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-10)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26019

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-11)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26019

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-12)

Lucky Shot · gold

#### 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 factor: High grade

- Negative factor: Narrow width

Evidence · text

> including 0.3 meters of 118.36 g/t gold

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26021

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-13)

Lucky Shot · gold

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LSS26021

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-drill-facts-14)

Lucky Shot · gold

#### 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 factor: High grade

- Negative factor: Narrow width

Evidence · text

> including 0.52 meters of 61.73 g/t gold

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-resource-facts-15)

gold

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: 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 Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**DFS-Supporting**

Polarity: neutral

Definition: 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 Estimate**

Polarity: negative

Definition: 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/contango-sharpens-lucky-shot-mine-picture--2170331f-ab1f-4dcb-ab9e-11be11eeeca4#fact-resource-facts-16)

gold

Historical result

Needs review: historical\_restatement

#### 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 factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: 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 Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**DFS-Supporting**

Polarity: neutral

Definition: 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 Estimate**

Polarity: negative

Definition: 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.