# Drill Results from Miranda Gold's Red Hill Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/drill-results-from-miranda-gold-s-red-hill-project--2926f794-986d-421b-be48-61fc288b89be

Original source: https://money.tmx.com/en/quote/NUG/news/35849603/drill-results-from-miranda-gold-s-red-hill-project

Publisher: tmx

Original announcement: 2011-01-13T14:04:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: NuLegacy Gold Corp.

- Ticker: NUG

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-24 03:06:43 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

NuLegacy Gold Corp. reported drill results from the Red Hill project in Nevada, confirming a geophysical anomaly interpreted as carbonaceous material and pyrite. While intercepts show anomalous gold values, the grades are relatively low, and the program is characterized as early-stage exploration.

Reasoning: Drill results confirm the presence of carbonaceous material and pyrite within a geophysical anomaly, consistent with Carlin-type gold systems, though grades remain low.

- Positive factor: confirms geophysical anomaly

- Positive factor: Carlin-type signature

- Positive factor: QA/QC disclosed

- Negative factor: low grades

- Negative factor: apparent width only

Facts used in scoring: 4

## 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 includes details on standards, blanks, duplicates, and check assays by SGS.

Evidence · text

> Montezuma QA/QC included the insertion of standards and blanks on a regular basis, collection of duplicate samples, and rerun assays on select samples.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Document explicitly states true widths cannot be estimated at this time.

Evidence · text

> true widths cannot be estimated at this time

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (4)

### RHM10-001

[Link to this fact](https://atlas-staging.minestarters.com/news/drill-results-from-miranda-gold-s-red-hill-project--2926f794-986d-421b-be48-61fc288b89be#fact-drill-facts-0)

Red Hill · gold

#### Identity

- Hole ID: RHM10-001
- Project: Red Hill
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NUG

#### Geometry

- Grade: 0.546
- Grade Unit: g Au/t
- Intercept: 3 m
- From: 670 m
- To: 680 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: RHM10-001:670-680
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS Chemex Laboratories, Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Review

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

#### Dates

- Event date: 2011-01-13T00:00:00.000Z

Reasoning: Low grade gold intercept confirming geophysical anomaly.

- Negative factor: low grade

Evidence · table

> 0.546

Context: 3

### RHM10-001

[Link to this fact](https://atlas-staging.minestarters.com/news/drill-results-from-miranda-gold-s-red-hill-project--2926f794-986d-421b-be48-61fc288b89be#fact-drill-facts-1)

Red Hill · gold

#### Identity

- Hole ID: RHM10-001
- Project: Red Hill
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NUG

#### Geometry

- Grade: 0.622
- Grade Unit: g Au/t
- Intercept: 1.5 m
- From: 675 m
- To: 680 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: RHM10-001:675-680
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS Chemex Laboratories, Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Review

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

#### Dates

- Event date: 2011-01-13T00:00:00.000Z

Reasoning: High-grade sub-interval within RHM10-001.

- Negative factor: narrow width

Evidence · table

> 0.622

Context: 1.5

### RHM10-002

[Link to this fact](https://atlas-staging.minestarters.com/news/drill-results-from-miranda-gold-s-red-hill-project--2926f794-986d-421b-be48-61fc288b89be#fact-drill-facts-2)

Red Hill · gold

#### Identity

- Hole ID: RHM10-002
- Project: Red Hill
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NUG

#### Geometry

- Grade: 0.409
- Grade Unit: g Au/t
- Intercept: 9.1 m
- From: 970 m
- To: 1000 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: RHM10-002:970-1000
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS Chemex Laboratories, Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Review

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

#### Dates

- Event date: 2011-01-13T00:00:00.000Z

Reasoning: Low grade gold intercept confirming geophysical anomaly.

- Negative factor: low grade

Evidence · table

> 0.409

Context: 9.1

### RHM10-002

[Link to this fact](https://atlas-staging.minestarters.com/news/drill-results-from-miranda-gold-s-red-hill-project--2926f794-986d-421b-be48-61fc288b89be#fact-drill-facts-3)

Red Hill · gold

#### Identity

- Hole ID: RHM10-002
- Project: Red Hill
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NUG

#### Geometry

- Grade: 0.702
- Grade Unit: g Au/t
- Intercept: 1.5 m
- From: 995 m
- To: 1000 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: RHM10-002:995-1000
- Mining Method: unknown

#### QA/QC

- Laboratory: ALS Chemex Laboratories, Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates, check\_assays

#### Review

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

#### Dates

- Event date: 2011-01-13T00:00:00.000Z

Reasoning: High-grade sub-interval within RHM10-002.

- Negative factor: narrow width

Evidence · table

> 0.702

Context: 1.5

## 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.
