# Golden Ridge Resources Intercepts High Grade and Disseminated Mineralization Including 0.5m of 50.5 G/T Au in Hole WIL-22-14 and 37.8m of 0.7 G/T Au in Hole WIL-22-12 from Maiden Drill Program on the Williams Gold Property Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc--4b37cc9d-0ca3-4282-849f-f0a03a86a0ed Original source: https://money.tmx.com/en/quote/GLDN/news/6684537429376158/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc Publisher: tmx Original announcement: 2023-03-13T12:30:00.000Z 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, Silver, Lead, Zinc - Document categories: Drill results - Extracted: 2026-08-21 15:24:49 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Golden Ridge Resources announced maiden drill results from its Williams Gold Property in Newfoundland, featuring high-grade gold intercepts including 0.5m at 50.45 g/t Au. The results confirm previous soil anomalies and show consistent near-surface mineralization across multiple fault systems. Reasoning: The maiden drill program returned high-grade gold intercepts, including a bonanza-grade 50.45 g/t Au interval and visible gold, confirming soil anomalies. QA/QC is well-disclosed with accredited labs and a QP sign-off. - Positive factor: Bonanza Intercept - Positive factor: Visible Gold - Positive factor: Maiden Program Success - Positive factor: QA/QC Disclosed - Negative factor: Apparent Width Only Facts used in scoring: 2 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Intercept of 50.45 g/t Au is exceptionally high grade. Evidence · text > 0.5 meters of 50.45 g/t Au **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 ISO/IEC 17025 accredited labs, standards, blanks, and a QP sign-off. Evidence · text > Both laboratories are ISO/IEC 17025 accredited. **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. Evidence · text > True widths of the report intersections have not been calculated at this time. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### WIL-22-14 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc--4b37cc9d-0ca3-4282-849f-f0a03a86a0ed#fact-drill-facts-0) Williams Gold Property · gold #### 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 - Program: exploration - Sample Type: drill - Group ID: WIL-22-14:11.0-11.5 - 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: 2023-03-13T00:00:00.000Z Reasoning: 50.45 g/t Au over 0.5m is an exceptional bonanza-grade intercept with visible gold reported. - Positive factor: Bonanza Intercept - Positive factor: Visible Gold ### WIL-22-12 [Link to this fact](https://atlas-staging.minestarters.com/news/golden-ridge-resources-intercepts-high-grade-and-disseminated-mineralization-inc--4b37cc9d-0ca3-4282-849f-f0a03a86a0ed#fact-drill-facts-1) Williams Gold Property · gold #### 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 - Program: exploration - Sample Type: drill - Group ID: WIL-22-12:6.24-44.07 - 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: 2023-03-13T00:00:00.000Z Reasoning: A broad, continuous interval of 0.7 g/t Au provides significant mineralized volume. - Positive factor: Strong Continuity ## 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.