# Golden Ridge Intersects 70.75 Meters of 1.05 g/t Au Including 16.45 Meters of 2.38 g/t at the Williams Gold Property

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2--03bd77fb-b6a1-48da-8d8f-5e28d123a777

Original source: https://money.tmx.com/en/quote/GLDN/news/4691500801295081/golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2-

Publisher: tmx

Original announcement: 2024-01-29T13:30:00.000Z

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 15:28:26 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Golden Ridge Resources has reported encouraging Phase II drill results at the Williams Gold Property, including a 70.75m intercept at 1.05 g/t Au. The drilling has successfully extended the strike length of the Cabin and Gray Jay Zones by 150m.

Reasoning: New drill results show significant strike length extension and successful step-out drilling at the Gray Jay Zone, though true widths are not yet calculated.

- Positive factor: strike length extension

- Positive factor: step-out success

- Positive factor: broad mineralization

- Negative factor: apparent width only

Facts used in scoring: 4

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: WIL-23-37 is described as a 25-meter step-out from WIL-22-21.

Evidence · text

> WIL-23-37 \(a 25-meter step-out from WIL-22-21\)

**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: The release details SGS accreditation, use of standards, blanks, and duplicates.

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

## Drill Results (4)

### WIL-23-42

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2--03bd77fb-b6a1-48da-8d8f-5e28d123a777#fact-drill-facts-0)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-42
- Project: Williams Gold Property
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: GLDN

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 70.75 m
- From: 43 m
- To: 113.75 m

#### Classification

- Sample Type: drill
- Group ID: WIL-23-42:43.0-113.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Canada Inc.
- 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: 2024-01-29T00:00:00.000Z

Reasoning: 70.75m wide intercept at 1.05 g/t Au is a significant continuous interval.

- Positive factor: significant width

- Negative factor: apparent width only

Evidence · text

> WIL-23-42 intersected 70.75 meters of 1.05 g/t Au from 43.00 meters

### WIL-23-42

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2--03bd77fb-b6a1-48da-8d8f-5e28d123a777#fact-drill-facts-1)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-42
- Project: Williams Gold Property
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: GLDN

#### Geometry

- Grade: 2.38
- Grade Unit: g/t
- Intercept: 16.45 m
- From: 70.4 m
- To: 86.85 m

#### Classification

- Sample Type: drill
- Group ID: WIL-23-42:43.0-113.75
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Canada Inc.
- 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: 2024-01-29T00:00:00.000Z

Reasoning: Strong high-grade sub-interval within a larger intercept.

- Positive factor: high grade sub-interval

Evidence · text

> including 16.45 meters of 2.38 g/t Au from 70.40 meters

### WIL-23-37

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2--03bd77fb-b6a1-48da-8d8f-5e28d123a777#fact-drill-facts-2)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-37
- Project: Williams Gold Property
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: GLDN

#### Geometry

- Grade: 1.45
- Grade Unit: g/t
- Intercept: 22.35 m
- From: 69.2 m
- To: 91.55 m

#### Classification

- Sample Type: drill
- Group ID: WIL-23-37:69.2-91.55
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Canada Inc.
- 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: 2024-01-29T00:00:00.000Z

Reasoning: Successful step-out drilling at the Gray Jay Zone.

- Positive factor: step-out success

- Negative factor: apparent width only

Evidence · text

> WIL-23-37 intersected 22.35 meters of 1.45 g/t Au from 69.20 meters

### WIL-23-37

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2--03bd77fb-b6a1-48da-8d8f-5e28d123a777#fact-drill-facts-3)

Williams Gold Property · gold

#### Identity

- Hole ID: WIL-23-37
- Project: Williams Gold Property
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: GLDN

#### Geometry

- Grade: 2.61
- Grade Unit: g/t
- Intercept: 6.5 m
- From: 69.2 m
- To: 75.7 m

#### Classification

- Sample Type: drill
- Group ID: WIL-23-37:69.2-91.55
- Mining Method: underground

#### QA/QC

- Laboratory: SGS Canada Inc.
- 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: 2024-01-29T00:00:00.000Z

Reasoning: High grade sub-interval within the intercept.

- Positive factor: high grade sub-interval

Evidence · text

> including 6.50 meters of 2.61 g/t Au from 69.20 meters

## 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.
