# Goldflare Produces New Targets on Goldfields

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/goldflare-produces-new-targets-on-goldfields--5a8bbd2d-7934-4046-bfb0-2a7e45ca3693

Original source: https://money.tmx.com/en/quote/GOFL/news/6391416826548921/goldflare-produces-new-targets-on-goldfields

Publisher: tmx

Original announcement: 2024-04-16T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Goldflare Exploration inc.

- Ticker: GOFL

- Exchange: TSX

- Region: Quebec

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Drill results, Other

- Extracted: 2026-08-23 15:11:49 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Goldflare Exploration has identified five new exploration targets along the Porcupine-Destor Break using magnetic surveys and gold biogeochemistry. The company is leveraging historical high-grade drill results from 2023 to guide upcoming prospecting and sampling work.

Reasoning: The release highlights new exploration targets based on magnetic surveys and historical data, while restating high-grade historical drill intercepts from 2023.

- Positive factor: High grade intercept reported

- Positive factor: Significant strike extension potential identified

- Positive factor: Qualified Person sign-off

- Negative factor: Historical results restated

- Negative factor: Exploration stage project

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: The technical information was reviewed by a Qualified Person \(Martin Demers, P.Geo\).

Evidence · text

> reviewed by Martin Demers, P.Geo. \(OGQ No. 770\), consultant for Goldflare Exploration and qualified person

**Bonanza Intercept**

Polarity: positive

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

Why it applies: 113 g/t gold is exceptionally high grade.

Evidence · text

> High grade of 113 g/t over 1m was obtained in hole AIG-23-13

## Extracted facts

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

## Drill Results (3)

### AIG-23-26

[Link to this fact](https://atlas-staging.minestarters.com/news/goldflare-produces-new-targets-on-goldfields--5a8bbd2d-7934-4046-bfb0-2a7e45ca3693#fact-drill-facts-0)

Goldfields · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AIG-23-26
- Project: Goldfields
- Commodity: gold
- Ticker: GOFL

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 22.8 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-04-16T00:00:00.000Z

Reasoning: Restatement of 2023 drill results.

- Positive factor: Solid width and grade

- Negative factor: Historical data

Evidence · text

> 1.3 g/t gold over 22.8 metres in hole AIG-23-26

### AIG-23-26

[Link to this fact](https://atlas-staging.minestarters.com/news/goldflare-produces-new-targets-on-goldfields--5a8bbd2d-7934-4046-bfb0-2a7e45ca3693#fact-drill-facts-1)

Goldfields · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AIG-23-26
- Project: Goldfields
- Commodity: gold
- Ticker: GOFL

#### Geometry

- Grade: 5.8
- Grade Unit: g/t
- Intercept: 2.4 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-04-16T00:00:00.000Z

Reasoning: Enriched sub-interval within a historical hole.

- Positive factor: High grade sub-interval

- Negative factor: Historical data

Evidence · text

> enriched interval of 5.8 g/t gold over 2.4m in hole AIG-23-26

### AIG-23-13

[Link to this fact](https://atlas-staging.minestarters.com/news/goldflare-produces-new-targets-on-goldfields--5a8bbd2d-7934-4046-bfb0-2a7e45ca3693#fact-drill-facts-2)

Goldfields · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: AIG-23-13
- Project: Goldfields
- Commodity: gold
- Ticker: GOFL

#### Geometry

- Grade: 113
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-01-01T00:00:00.000Z

#### Dates

- Event date: 2024-04-16T00:00:00.000Z

Reasoning: Extremely high grade intercept from 2023.

- Positive factor: Bonanza grade

- Negative factor: Historical data

- Negative factor: Narrow width

Evidence · text

> High grade interval of 113 g/t over 1m in hole AIG-23-13

## 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.