Discovery-Corp and Scramble Report Drill Results Confirming Near-Surface Mineralization at NewFind, including 21.70 g/t Au Over 1.00 m and Provide Transaction Update

Original announcement by tmx on

Company
Discovery-Corp Enterprises Inc.
Ticker
DCY
Exchange
TSX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Agreement transaction
Extracted
2026-08-23 06:59:11 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Discovery-Corp and Scramble Resources reported encouraging drill results from the NewFind Gold Project, confirming high-grade gold mineralization at the Clifford target. Highlights include a 31.40 g/t Au intercept in hole 21LNDD009 and a 57.75 g/t Au intercept in hole 21LNDD005. The company also provided an update on the ongoing reverse takeover transaction between Discovery and Scramble.

Reasoning: Drill results confirm high-grade gold mineralization at the Clifford target, including a 31.40 g/t Au intercept, supporting the exploration thesis.

Positive factors

  • high-grade gold intercepts
  • confirmation of structural targets
  • QA/QC disclosed

Negative factors

  • conceptual nature of targets

Facts used in scoring: 5

Atlas analysis — Discovery-Corp Enterprises Inc.: Discovery-Corp and Scramble Report Drill Results Confirming Near-Surface Mineralization at NewFind, including 21.70 g/t Au Over 1.00 m and Provide Transaction Update. 57.75 g/t over 0.48 m; 31.4 g/t over 0.78 m

Classification and evidence

QA/QC Disclosedpositive

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

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

Evidence · text

“The drilling program... employ a strict quality assurance and quality control program consistent with NI 43-101”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

21LNDD005NewFind · goldGrade: 57.75Grade Unit: g/tIntercept: 0.48 mView all details
Link to this fact

Identity

Hole ID
21LNDD005
Project
NewFind
Commodity
gold
Ticker
DCY

Geometry

Grade
57.75
Grade Unit
g/t
Intercept
0.48 m

Classification

Sample Type
drill
Group ID
21LNDD005:null-null
Mining Method
unknown

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 57.75 g/t Au is an exceptional grade for this deposit type.

Positive factors

  • Bonanza Intercept

Evidence · text

“0.48 m of 57.75 grams per tonne ('g/t') gold”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 57.75 g/t Au exceeds the exceptional threshold for gold.

Evidence · text

“57.75 grams per tonne ('g/t') gold”

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and specific assay methods.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD005NewFind · goldGrade: 21.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
21LNDD005
Project
NewFind
Commodity
gold
Ticker
DCY

Geometry

Grade
21.7
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
drill
Group ID
21LNDD005:null-null
Mining Method
unknown

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 21.7 g/t Au is a strong intercept.

Positive factors

  • Strong grade

Evidence · text

“1.00 m of 21.70 g/t gold”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and specific assay methods.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD005NewFind · goldGrade: 3.6Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
21LNDD005
Project
NewFind
Commodity
gold
Ticker
DCY

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
3.6 m

Classification

Sample Type
drill
Group ID
21LNDD005:null-null
Mining Method
unknown

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 3.6 g/t Au over 3.6m is a consistent anomalous interval.

Evidence · text

“section grading 3.60 g/t Au”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and specific assay methods.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD009NewFind · goldGrade: 31.4Grade Unit: g/tIntercept: 0.78 mView all details
Link to this fact

Identity

Hole ID
21LNDD009
Project
NewFind
Commodity
gold
Ticker
DCY

Geometry

Grade
31.4
Grade Unit
g/t
Intercept
0.78 m

Classification

Sample Type
drill
Group ID
21LNDD009:null-null
Mining Method
unknown

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 31.4 g/t Au is an exceptional grade.

Positive factors

  • Bonanza Intercept

Evidence · text

“0.78 m at 31.40 g/t gold”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Bonanza InterceptRejected · positive

Exceptionally high-grade zone, well above the deposit-type norm.

Reason: 31.4 g/t Au exceeds the exceptional threshold for gold.

Evidence · text

“0.78 m at 31.40 g/t gold”

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and specific assay methods.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”
21LNDD009NewFind · goldIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
21LNDD009
Project
NewFind
Commodity
gold
Ticker
DCY

Geometry

Intercept
5.15 m

Classification

Sample Type
drill
Group ID
21LNDD009:null-null
Mining Method
unknown

QA/QC

Laboratory
Bureau Veritas
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-29T00:00:00.000Z

Reasoning: 5.15m anomalous gold interval.

Evidence · text

“5.15 m anomalous gold interval”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: Release mentions Bureau Veritas, certified reference materials, and specific assay methods.

Evidence · text

“All drill core samples were dispatched to Bureau Veritas... Certified Reference Materials are inserted”

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.