Gold Springs Resource Continues to Expand the South Jumbo Deposit

Original announcement by tmx on

Company
Gold Springs Resource Corp.
Ticker
GRC
Exchange
TSX
Region
Nevada, Utah, USA
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Resource update
Extracted
2026-08-23 15:15:33 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Gold Springs Resource Corp. announced positive drill results from its South Jumbo deposit, extending gold mineralization 200 meters to the north with intercepts including 1.93 g/t AuEq over 1.5 meters and 1.10 g/t AuEq over 6.1 meters. The company highlighted the potential of the 5-kilometer-long Jumbo Trend and reiterated its existing NI 43-101 compliant resource estimate for the South and North Jumbo deposits. The drilling expands the known footprint of the deposit, with future drilling planned to continue northward expansion.

Reasoning: The company reported positive drill results that extend the South Jumbo deposit by 200 meters to the north, with several moderate-grade gold equivalent intercepts. The release also reiterates existing resource estimates, which are historical but provide context for the project's scale. Strong QA/QC disclosure supports the reliability of the new drill data.

Positive factors

  • Step-Out Extension
  • QA/QC Disclosed
  • True Width Disclosed

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 24

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill results extend the gold mineralization 200 meters further north where it remains open.

Evidence · text

“expand our South Jumbo deposit 200 meters further north where it remains open”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures including submission of standards and blanks, laboratory duplicates, and review of check assays, with assays performed by ALS Geochemical, an ISO 9001:2000 certified lab.

Evidence · text

“Standards and blanks are submitted into the sample stream at the rate of 15% for QA/QC purposes. In addition, the laboratory also includes duplicates of samples, standards and blanks. The results of these check assays are reviewed prior to the release of data. All RC sample assays are also reviewed for their geological context and checked against the drill logs. Assay Method Assays were performed in Reno, Nevada by ALS Geochemical, an ISO 9001:2000 certified and independent laboratory.”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that true thickness is estimated to be 60-100% of reported length.

Evidence · text

“True thickness is estimated to be 60-100% of reported length.”

QP/CP Signedpositive

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: Randall Moore, VP of Gold Springs Resource Corp., is the Company's designated Qualified Person for this news release and has approved the scientific or technical information.

Evidence · text

“Randall Moore, VP of Gold Springs Resource Corp., is the Company's designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects. He has approved the scientific or technical information in this release”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate is based on an 'NI 43-101 Technical Report - Gold Springs Project, Utah-Nevada, USA'.

Evidence · text

“NI 43-101 Technical Report - Gold Springs Project, Utah-Nevada, USA”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The resource estimate specifies a '0.25 g/t gold cutoff'.

Evidence · text

“0.25 g/t gold cutoff”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource estimate has an effective date of June 13, 2022, and is based on drilling up to 2021, making it over two years old relative to the announcement date.

Evidence · text

“effective date of June 13, 2022”

Inferred Resourcenegative

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

Why it applies: The resource estimate includes significant Inferred category resources for both South Jumbo (2,929 kt) and North Jumbo (1,725 kt).

Evidence · table

“Inferred”

Context: 2,929

Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

Drill Results (22)

E-22-024South Jumbo · goldGrade: 1.29Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-024
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
1.5 m
From
163.1 m
To
164.6 m
Hole Depth
213.4 m

Classification

Sample Type
drill
Group ID
E-22-024:163.1-164.6
Mining Method
open_pit

Location

Easting
760495
Northing
4196900
CRS
UTM NAD 27 Z11
Elevation
1983 m
Azimuth
90 °
Dip
-45 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a narrow width, contributing positively to the deposit expansion.

Evidence · table

“1.29”

Context: 1.5

E-22-024South Jumbo · silverGrade: 2Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-024
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
2
Grade Unit
g/t
Intercept
1.5 m
From
163.1 m
To
164.6 m
Hole Depth
213.4 m

Classification

Sample Type
drill
Group ID
E-22-024:163.1-164.6
Mining Method
open_pit

Location

Easting
760495
Northing
4196900
CRS
UTM NAD 27 Z11
Elevation
1983 m
Azimuth
90 °
Dip
-45 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Geochemical
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
2023-10-23T00:00:00.000Z

Reasoning: This silver intercept is a byproduct credit alongside the gold mineralization.

Evidence · table

“2”

Context: 1.5

E-22-021South Jumbo · goldGrade: 0.44Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
E-22-021
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
4.5 m
From
137.2 m
To
141.7 m

Classification

Sample Type
drill
Group ID
E-22-021:137.2-141.7
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.44 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.44”

Context: E-22-021

E-22-021South Jumbo · silverGrade: 6.2Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
E-22-021
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
4.5 m
From
137.2 m
To
141.7 m

Classification

Sample Type
drill
Group ID
E-22-021:137.2-141.7
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 6.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 27.9 g/t·m is below.

Negative factors

  • 6.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.2”

Context: E-22-021

andSouth Jumbo · goldGrade: 0.51Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
4.5 m
From
169.2 m
To
173.7 m

Classification

Sample Type
drill
Group ID
and:169.2-173.7
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.51 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.51”

Context: and

andSouth Jumbo · silverGrade: 4.5Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
4.5 m
From
169.2 m
To
173.7 m

Classification

Sample Type
drill
Group ID
and:169.2-173.7
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.3 g/t·m is below.

Negative factors

  • 4.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.5”

Context: and

andSouth Jumbo · goldGrade: 0.34Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
7.6 m
From
181.4 m
To
189 m

Classification

Sample Type
drill
Group ID
and:181.4-189
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.34 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.6 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.34”

Context: and

andSouth Jumbo · silverGrade: 6.2Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
7.6 m
From
181.4 m
To
189 m

Classification

Sample Type
drill
Group ID
and:181.4-189
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 6.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 47.1 g/t·m is below.

Negative factors

  • 6.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.2”

Context: and

andSouth Jumbo · goldGrade: 0.71Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
3.1 m
From
211.8 m
To
214.9 m

Classification

Sample Type
drill
Group ID
and:211.8-214.9
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.71 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.2 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.71”

Context: and

andSouth Jumbo · silverGrade: 1.6Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
1.6
Grade Unit
g/t
Intercept
3.1 m
From
211.8 m
To
214.9 m

Classification

Sample Type
drill
Group ID
and:211.8-214.9
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.0 g/t·m is below.

Negative factors

  • 1.6 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.6”

Context: and

E-22-022South Jumbo · goldGrade: 1.07Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
E-22-022
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
6.1 m
From
134.1 m
To
140.2 m

Classification

Sample Type
drill
Group ID
E-22-022:134.1-140.2
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.07 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 6.5 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.07”

Context: E-22-022

E-22-022South Jumbo · silverGrade: 3.9Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
E-22-022
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
3.9
Grade Unit
g/t
Intercept
6.1 m
From
134.1 m
To
140.2 m

Classification

Sample Type
drill
Group ID
E-22-022:134.1-140.2
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 3.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 23.8 g/t·m is below.

Negative factors

  • 3.9 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.9”

Context: E-22-022

andSouth Jumbo · goldGrade: 0.93Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
3 m
From
202.7 m
To
205.7 m

Classification

Sample Type
drill
Group ID
and:202.7-205.7
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.93 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.8 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.93”

Context: and

andSouth Jumbo · silverGrade: 4.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
3 m
From
202.7 m
To
205.7 m

Classification

Sample Type
drill
Group ID
and:202.7-205.7
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 4.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.2 g/t·m is below.

Negative factors

  • 4.4 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.4”

Context: and

andSouth Jumbo · goldGrade: 0.55Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
6.1 m
From
213.4 m
To
219.5 m

Classification

Sample Type
drill
Group ID
and:213.4-219.5
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.55 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 3.4 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.55”

Context: and

andSouth Jumbo · silverGrade: 3Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
3
Grade Unit
g/t
Intercept
6.1 m
From
213.4 m
To
219.5 m

Classification

Sample Type
drill
Group ID
and:213.4-219.5
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.3 g/t·m is below.

Negative factors

  • 3 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3”

Context: and

E-22-023South Jumbo · goldGrade: 1.92Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-023
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
1.92
Grade Unit
g/t
Intercept
1.5 m
From
166.1 m
To
167.6 m

Classification

Sample Type
drill
Group ID
E-22-023:166.1-167.6
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.92 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.9 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.92”

Context: E-22-023

E-22-023South Jumbo · silverGrade: 1.8Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-023
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
1.5 m
From
166.1 m
To
167.6 m

Classification

Sample Type
drill
Group ID
E-22-023:166.1-167.6
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.7 g/t·m is below.

Negative factors

  • 1.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.8”

Context: E-22-023

andSouth Jumbo · goldGrade: 0.57Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
7.6 m
From
196.6 m
To
204.2 m

Classification

Sample Type
drill
Group ID
and:196.6-204.2
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.57 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 4.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.57”

Context: and

andSouth Jumbo · silverGrade: 1.5Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
7.6 m
From
196.6 m
To
204.2 m

Classification

Sample Type
drill
Group ID
and:196.6-204.2
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.4 g/t·m is below.

Negative factors

  • 1.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.5”

Context: and

andSouth Jumbo · goldGrade: 1.22Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
gold
Ticker
GRC

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
1.6 m
From
256 m
To
257.6 m

Classification

Sample Type
drill
Group ID
and:256-257.6
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.22 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 2.0 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.22”

Context: and

andSouth Jumbo · silverGrade: 2.2Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
South Jumbo
Commodity
silver
Ticker
GRC

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
1.6 m
From
256 m
To
257.6 m

Classification

Sample Type
drill
Group ID
and:256-257.6
Mining Method
open_pit

Location

CRS
UTM NAD 27 Z11

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 2.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.5 g/t·m is below.

Negative factors

  • 2.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.2”

Context: and

Resource Estimates (2)

inferredgoldTonnes: 1725Grade: 0.38Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
GRC

Resource Data

Category
inferred
Tonnes
1725
Grade
0.38
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: This is an Inferred resource for gold, which is speculative, and it is a restatement of a historical estimate from 2022. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Cut-off Disclosed

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · table

“0.38”

Context: 1,725

inferredsilverTonnes: 1725Grade: 4.51Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
GRC

Resource Data

Category
inferred
Tonnes
1725
Grade
4.51
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: This is an Inferred resource for gold, which is speculative, and it is a restatement of a historical estimate from 2022. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • QP/CP Signed
  • NI 43-101 Compliant
  • Cut-off Disclosed

Negative factors

  • Inferred Resource
  • Stale Estimate

Evidence · table

“4.51”

Context: 1,725

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.