# Golden Ridge Resources Commences Phase II Drilling at the Williams Gold Property Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property--13ed28df-70d2-422b-ba8b-7a2991a0ba83 Original source: https://money.tmx.com/en/quote/GLDN/news/8299108878199037/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property Publisher: tmx Original announcement: 2023-06-22T12:00:00.000Z 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 and Labrador - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-08-21 15:26:13 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Golden Ridge Resources has commenced its largest-ever drill program, totaling 6,000 meters, at the Williams Gold Property in Newfoundland. The Phase II program aims to test high-priority greenfield targets and infill existing geochemical trends to expand known mineralization. Reasoning: The announcement focuses on the commencement of a significant 6,000m Phase II drilling program rather than new assay results, making it a strategic update rather than a discovery update. - Positive factor: commencement of largest-ever drill program - Positive factor: expansion of known mineralized corridor - Positive factor: proximity to high-performing adjacent property - Negative factor: no new assay results in this release Facts used in scoring: 5 ## 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: The release names a Qualified Person \(Dr. Stephen Amor, PhD, PGeo\) who has reviewed and approved the technical data. Evidence · text > Qualified Person: Dr. Stephen Amor, PhD, PGeo, technical advisor to the Company, is the Qualified Person **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: The historical intercept WIL-22-14 of 50.45 g/t Au is exceptionally high grade. Evidence · text > WIL-22-14: 0.5 meters of 50.45 g/t Au ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### WIL-22-14 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property--13ed28df-70d2-422b-ba8b-7a2991a0ba83#fact-drill-facts-0) Williams Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: WIL-22-14 - Project: Williams Gold Property - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland and Labrador - Ticker: GLDN #### Geometry - Grade: 50.45 - Grade Unit: g/t - Intercept: 0.5 m - From: 11 m - To: 11.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-13T00:00:00.000Z #### Dates - Event date: 2023-06-22T00:00:00.000Z Reasoning: Historical intercept of 50.45 g/t Au over 0.5m is an exceptional grade for the project. - Positive factor: exceptional grade Evidence · text > WIL-22-14: 0.5 meters of 50.45 g/t Au from 11 to 11.5 meters ### WIL-22-12 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property--13ed28df-70d2-422b-ba8b-7a2991a0ba83#fact-drill-facts-1) Williams Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: WIL-22-12 - Project: Williams Gold Property - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland and Labrador - Ticker: GLDN #### Geometry - Grade: 0.7 - Grade Unit: g/t - Intercept: 37.8 m - From: 6.24 m - To: 44.07 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-13T00:00:00.000Z #### Dates - Event date: 2023-06-22T00:00:00.000Z Reasoning: Historical intercept of 0.7 g/t Au over a wide 37.8m interval. - Positive factor: significant width Evidence · text > WIL-22-12: 37.8 meters of 0.7 g/t Au from 6.24 to 44.07 meters ### WIL-22-21 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property--13ed28df-70d2-422b-ba8b-7a2991a0ba83#fact-drill-facts-2) Williams Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: WIL-22-21 - Project: Williams Gold Property - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland and Labrador - Ticker: GLDN #### Geometry - Grade: 1.51 - Grade Unit: g/t - Intercept: 14.4 m - From: 88.1 m - To: 102.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-13T00:00:00.000Z #### Dates - Event date: 2023-06-22T00:00:00.000Z Reasoning: Historical intercept of 1.51 g/t Au over 14.4m. Evidence · text > WIL-22-21: 14.4 meters of 1.51 g/t Au from 88.10 to 102.50 meters ### WIL-22-21 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property--13ed28df-70d2-422b-ba8b-7a2991a0ba83#fact-drill-facts-3) Williams Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: WIL-22-21 - Project: Williams Gold Property - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland and Labrador - Ticker: GLDN #### Geometry - Grade: 2.49 - Grade Unit: g/t - Intercept: 4.6 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-13T00:00:00.000Z #### Dates - Event date: 2023-06-22T00:00:00.000Z Reasoning: High-grade sub-interval within WIL-22-21. Evidence · text > including 4.6 meters of 2.49 g/t Au ### WIL-22-20 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-commences-phase-ii-drilling-at-the-williams-gold-property--13ed28df-70d2-422b-ba8b-7a2991a0ba83#fact-drill-facts-4) Williams Gold Property · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: WIL-22-20 - Project: Williams Gold Property - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland and Labrador - Ticker: GLDN #### Geometry - Grade: 0.62 - Grade Unit: g/t - Intercept: 30 m - From: 64 m - To: 94 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-03-13T00:00:00.000Z #### Dates - Event date: 2023-06-22T00:00:00.000Z Reasoning: Historical intercept of 0.62 g/t Au over 30.0m. Evidence · text > WIL-22-20: 30.0 meters of 0.62 g/t Au from 64.00 to 94.00 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.