# Golden Ridge Continues to Confirm Robust Mineralization at the Williams Gold Property with Intercepts of 24.65 Meters of 2.22 g/t Au Including 0.65 Meters of 77.40 g/t

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f

Original source: https://money.tmx.com/en/quote/GLDN/news/6106538873927414/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro

Publisher: tmx

Original announcement: 2024-04-02T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Golden Ridge Resources Ltd.

- Ticker: GLDN

- Exchange: TSX

- Region: Newfoundland

- Primary commodity: Gold

- Secondary commodities: Copper, Silver, Lead, Zinc, Molybdenum, Stibnite

- Document categories: Drill results

- Extracted: 2026-08-21 15:26:30 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Golden Ridge Resources has announced final assay results from its 2023 Phase II drilling campaign at the Williams Gold Property. The program successfully established strike continuity between the Cabin Zone and Cabin Zone Extension, increasing the total strike length to 1,300 meters, and included a high-grade intercept of 77.40 g/t Au.

Reasoning: The release reports high-grade gold intercepts \(up to 77.40 g/t\) and successful infill drilling that established strike continuity, increasing the known strike length by 200m. While true widths are not disclosed, the results are significant for the project's expansion.

- Positive factor: Bonanza Intercept

- Positive factor: Step-Out Extension

- Positive factor: QA/QC Disclosed

- Positive factor: Infill Drilling

- Negative factor: Apparent Width Only

Facts used in scoring: 6

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: Intercept of 77.40 g/t Au is exceptionally high grade.

Evidence · text

> 0.65-meters at 77.40g/t

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Infill drilling increased the strike length of the Cabin Zone by 200 meters.

Evidence · text

> increasing the strike length by 200 meters to 1,300 meters

**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 mentions SGS Canada Inc. accreditation and specific QA/QC methods like blanks and standards.

Evidence · text

> SGS is ISO/IEC 17025 accredited. ... Golden Ridge submits certified reference standards and blanks

**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: The document explicitly states that true widths have not been calculated at this time.

Evidence · text

> True widths of the report intersections have not been calculated at this time.

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### WIL-23-54

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f#fact-drill-facts-0)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-54
- Project: Williams Gold Property
- Commodity: gold
- Ticker: GLDN

#### Geometry

- Grade: 2.22
- Grade Unit: g/t
- Intercept: 24.65 m
- From: 78.5 m
- To: 103.15 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WIL-23-54:78.5-103.15

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

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

#### Dates

- Event date: 2024-04-02T00:00:00.000Z

Reasoning: Strong intercept with significant width and high-grade sub-interval.

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

### WIL-23-54

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f#fact-drill-facts-1)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-54
- Project: Williams Gold Property
- Commodity: gold
- Ticker: GLDN

#### Geometry

- Grade: 77.4
- Grade Unit: g/t
- Intercept: 0.65 m
- From: 101.9 m
- To: 102.55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WIL-23-54:101.9-102.55

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

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

#### Dates

- Event date: 2024-04-02T00:00:00.000Z

Reasoning: Exceptional high-grade intercept.

- Positive factor: Bonanza Intercept

### WIL-23-51

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f#fact-drill-facts-2)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-51
- Project: Williams Gold Property
- Commodity: gold
- Ticker: GLDN

#### Geometry

- Grade: 0.67
- Grade Unit: g/t
- Intercept: 12.3 m
- From: 21.9 m
- To: 34.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WIL-23-51:21.9-34.2

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

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

#### Dates

- Event date: 2024-04-02T00:00:00.000Z

Reasoning: Moderate grade intercept.

### WIL-23-51

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f#fact-drill-facts-3)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-51
- Project: Williams Gold Property
- Commodity: gold
- Ticker: GLDN

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 5.45 m
- From: 22.55 m
- To: 28 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WIL-23-51:22.55-28.0

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

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

#### Dates

- Event date: 2024-04-02T00:00:00.000Z

Reasoning: Slightly higher grade sub-interval.

### WIL-23-70

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f#fact-drill-facts-4)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-70
- Project: Williams Gold Property
- Commodity: gold
- Ticker: GLDN

#### Geometry

- Grade: 0.46
- Grade Unit: g/t
- Intercept: 22.6 m
- From: 58.4 m
- To: 81 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WIL-23-70:58.4-81.0

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

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

#### Dates

- Event date: 2024-04-02T00:00:00.000Z

Reasoning: Low grade intercept.

### WIL-23-70

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-continues-to-confirm-robust-mineralization-at-the-williams-gold-pro--3d0ed72b-bf36-4dd5-9ba0-1b89d831972f#fact-drill-facts-5)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-70
- Project: Williams Gold Property
- Commodity: gold
- Ticker: GLDN

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 5.5 m
- From: 71.4 m
- To: 76.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: WIL-23-70:71.4-76.9

#### QA/QC

- Laboratory: SGS Canada Inc.
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

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

#### Dates

- Event date: 2024-04-02T00:00:00.000Z

Reasoning: Slightly higher grade sub-interval.

## 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.