# Epic Gold Announces 440,000 Ounce Inferred Mineral Resource Grading 0.98 g/t at the Hawkins Gold Project, Ontario Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/epic-gold-announces-440-000-ounce-inferred-mineral-resource-grading-0-98-g-t-at--7448323b-a5d2-49fd-9eb2-66b320efbc30 Original source: https://www.newsfilecorp.com/release/318018/Epic-Gold-Announces-440000-Ounce-Inferred-Mineral-Resource-Grading-0.98-gt-at-the-Hawkins-Gold-Project-Ontario Publisher: newsfile Original announcement: 2026-10-08T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-08T12:35:02.118Z Atlas analysis updated: 2026-10-08T12:35:02.118Z - Company: Epic Gold Corp. - Ticker: EPG - Exchange: Unavailable - Region: Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-10-08 12:35:02 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Epic Gold has announced its first current Inferred Mineral Resource estimate for the McKinnon Deposit at the Hawkins Gold Project in Ontario, totaling 440,000 ounces at 0.98 g/t Au. The resource comprises both a pit-constrained component and an underground component, though it remains entirely in the Inferred category. Reasoning: The announcement establishes the first current mineral resource for the Hawkins project, but the entire resource is in the speculative Inferred category and lacks modern metallurgical validation. - Positive factor: First current MRE for the project - Positive factor: Establishes baseline resource scale - Positive factor: High gold price assumption used in model - Negative factor: 100% Inferred classification - Negative factor: No modern metallurgical test work completed - Negative factor: Relies on historical drill database Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The entire resource is classified as Inferred. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: This is the first current Mineral Resource Estimate reported by the company for this project. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The MRE was prepared in accordance with NI 43-101 standards. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/epic-gold-announces-440-000-ounce-inferred-mineral-resource-grading-0-98-g-t-at--7448323b-a5d2-49fd-9eb2-66b320efbc30#fact-resource-facts-0) Hawkins Gold Project · gold #### Identity - Project: Hawkins Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: EPG #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Eugene Puritch - Resource group id: resource:a589a1986a67cc3197d8 - Deposit or zone: McKinnon Deposit - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 12645000 - Grade: 0.89 - Grade Unit: g/t - Contained Metal: 360 - Contained Unit: koz - Cutoff Grade: 0.24 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-11 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Pit-constrained component of the new Inferred resource. - Positive factor: Establishes pit-constrained resource - Negative factor: Inferred category Evidence · table > 0.89 Context: 12,645 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/epic-gold-announces-440-000-ounce-inferred-mineral-resource-grading-0-98-g-t-at--7448323b-a5d2-49fd-9eb2-66b320efbc30#fact-resource-facts-1) Hawkins Gold Project · gold #### Identity - Project: Hawkins Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: EPG #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Eugene Puritch - Resource group id: resource:3dd6acb2e3b92e375bf6 - Deposit or zone: McKinnon Deposit - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 1371000 - Grade: 1.82 - Grade Unit: g/t - Contained Metal: 80.4 - Contained Unit: koz - Cutoff Grade: 1.2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-09-11 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Out-of-pit underground component of the new Inferred resource. - Positive factor: Higher grade underground component - Negative factor: Inferred category Evidence · table > 1.82 Context: 1,371 #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **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 ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/epic-gold-announces-440-000-ounce-inferred-mineral-resource-grading-0-98-g-t-at--7448323b-a5d2-49fd-9eb2-66b320efbc30#fact-resource-facts-2) Hawkins Gold Project · gold #### Identity - Project: Hawkins Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: EPG #### Resource scope - Estimate type: resource - Effective date: 2026-09-11T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Eugene Puritch - Resource group id: resource:5b37fbd016839e6ee3e6 - Deposit or zone: McKinnon Deposit - Mining method: combined #### Resource Data - Category: inferred - Tonnes: 14016000 - Grade: 0.98 - Grade Unit: g/t - Contained Metal: 440.4 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-09-11 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: Total Inferred resource for the McKinnon Deposit. - Positive factor: First current MRE for the project - Negative factor: 100% Inferred Evidence · table > 0.98 Context: 14,016 #### 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **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 ## 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.