# Golden Ridge Resources Continues to Intercept Mineralization Including 14.4m of 1.51 G/T Au in Hole WIL-22-21 from Maiden Drill Program on the Williams Gold Property

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of--d90a0d64-ee42-459f-a3a7-52f182c589f5

Original source: https://money.tmx.com/en/quote/GLDN/news/4928368346681915/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of-

Publisher: tmx

Original announcement: 2023-05-01T12:30:00.000Z

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 and Labrador

- Primary commodity: Gold

- Secondary commodities: Copper, Antimony

- Document categories: Drill results

- Extracted: 2026-08-21 15:25:35 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Golden Ridge Resources has reported additional drill results from its maiden program at the Williams Gold Property, highlighting continuous mineralization along the Appleton Fault Corridor. Key intercepts include 14.4m at 1.51 g/t Au in hole WIL-22-21.

Reasoning: The maiden drill program continues to intercept gold mineralization across a large area \(1.5km strike\), though the specific intercepts reported in this release are lower grade than the project's historical best.

- Positive factor: continuous mineralization

- Positive factor: high hit rate

- Positive factor: QA/QC disclosed

- Negative factor: grades below project average

Facts used in scoring: 3

## 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: Release mentions certified reference standards, blanks, and ISO/IEC 17025 accredited laboratories.

Evidence · text

> Both laboratories are ISO/IEC 17025 accredited. ... Golden Ridge submits certified reference standards and blanks at a rate of approximately 5%

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Mineralization now stretches over 1.5 kilometers within and parallel to the Appleton Fault Corridor.

Evidence · text

> Mineralization now stretches over 1.5 kilometers within and parallel to the Appleton Fault Corridor

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### WIL-22-21

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-continues-to-intercept-mineralization-including-14-4m-of--d90a0d64-ee42-459f-a3a7-52f182c589f5#fact-drill-facts-0)

Williams Gold Property · gold

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: WIL-22-21:88.1-102.5
- Mining Method: unknown

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2023-05-01T00:00:00.000Z

Reasoning: 14.4m at 1.51 g/t Au is a solid exploration intercept but significantly lower than the project's best-known grade.

- Positive factor: meaningful width

- Negative factor: grade below project average

Evidence · text

> 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-continues-to-intercept-mineralization-including-14-4m-of--d90a0d64-ee42-459f-a3a7-52f182c589f5#fact-drill-facts-1)

Williams Gold Property · gold

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: WIL-22-21:88.1-102.5
- Mining Method: unknown

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2023-05-01T00:00:00.000Z

Reasoning: A higher grade sub-interval within the main intercept.

- Positive factor: higher grade sub-interval

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-continues-to-intercept-mineralization-including-14-4m-of--d90a0d64-ee42-459f-a3a7-52f182c589f5#fact-drill-facts-2)

Williams Gold Property · gold

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: WIL-22-20:64.0-94.0
- Mining Method: unknown

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2023-05-01T00:00:00.000Z

Reasoning: 30m width is good, but 0.62 g/t Au is marginal.

- Positive factor: significant width

- Negative factor: low grade

Evidence · text

> 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.
