Graycliff Reports Additional Drill Results Including 7.3 Metres of 10.51 g/t Gold at Shakespeare Gold Project, Ontario

Original announcement by orestocks on Jul 7, 2026

Bullish

Company: Graycliff Exploration Limited
Ticker: GRAY.CN
Exchange: CSE
Region: Ontario
Primary commodity: Unavailable
Secondary commodities: None reported
Document categories: Drill results, Metallurgy
Extracted: 2026-07-31 09:35:46 UTC

Minestarters Atlas analysis

Summary

Graycliff Exploration reported high-grade gold assay results from metallurgical drill holes B and C at the Shakespeare Gold Project. Notable intercepts include 10.51 g/t Au over 7.3m in hole B, featuring sub-intervals as high as 45.90 g/t Au.

Reasoning: The release reports significant high-grade gold intercepts from metallurgical drilling, including a 45.9 g/t Au sub-interval, supported by robust QA/QC disclosures.

Positive factors

High-grade gold intercepts including bonanza-style grades
QA/QC protocols and accredited laboratory (AGAT) disclosed
Metallurgical drilling provides material for mineralogical studies

Negative factors

Apparent width only (true width not determined)

Facts used in scoring: 4

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 45.90 g/t gold is exceptionally high grade.

Evidence · text

“45.90 g/t gold”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details AGAT laboratory, ISO 17025 accreditation, and specific QA/QC methods like blanks and standards.

Evidence · text

“All samples are assayed at AGAT Laboratories Ltd. ("AGAT") in Thunder Bay, Ontario.”

Apparent Width Onlynegative

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 true widths cannot be determined at this time.

Evidence · text

“True widths of the mineralization cannot be determined at this time”

Extracted facts

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

Drill Results (4)

BShakespeare Gold Project · goldGrade: 10.51Grade Unit: g/tIntercept: 7.3 mView all details

Link to this fact

Identity

Hole ID: B
Project: Shakespeare Gold Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: GRAY.CN

Geometry

Grade: 10.51
Grade Unit: g/t
Intercept: 7.3 m
From: 83 m
To: 90.3 m

Classification

Sample Type: drill
Group ID: B:83.0-90.3

QA/QC

Laboratory: AGAT
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates, check assays

Review

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

Dates

Event date: 2026-07-07T00:00:00.000Z

Reasoning: A solid high-grade intercept of 10.51 g/t Au over 7.3m.

Positive factors

Strong grade for gold

Negative factors

Apparent width only

Evidence · text

“10.5 grams per tonne ("g/t") gold over a 7.3 metre ("m") interval in drill hole B”

BShakespeare Gold Project · goldGrade: 43.5Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: B
Project: Shakespeare Gold Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: GRAY.CN

Geometry

Grade: 43.5
Grade Unit: g/t
Intercept: 1 m
From: 83 m
To: 84 m

Classification

Sample Type: drill
Group ID: B:83.0-84.0

QA/QC

Laboratory: AGAT
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates, check assays

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes
Historical Source Date: 2026-06-02T00:00:00.000Z

Dates

Event date: 2026-07-07T00:00:00.000Z

Reasoning: Extremely high-grade sub-interval.

Positive factors

Bonanza grade

Evidence · text

“1.0 m intersection of 43.50 g/t gold”

BShakespeare Gold Project · goldGrade: 45.9Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: B
Project: Shakespeare Gold Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: GRAY.CN

Geometry

Grade: 45.9
Grade Unit: g/t
Intercept: 0.6 m
From: 89 m
To: 89.6 m

Classification

Sample Type: drill
Group ID: B:89.0-89.6

QA/QC

Laboratory: AGAT
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates, check assays

Review

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

Dates

Event date: 2026-07-07T00:00:00.000Z

Reasoning: Extremely high-grade sub-interval.

Positive factors

Bonanza grade

Evidence · text

“1.0 m intersection of 45.90 g/t gold”

CShakespeare Gold Project · goldGrade: 1.76Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: C
Project: Shakespeare Gold Project
Commodity: gold
Region: canada_on
Reported Region: Ontario
Ticker: GRAY.CN

Geometry

Grade: 1.76
Grade Unit: g/t
Intercept: 2 m
From: 66 m
To: 68 m

Classification

Sample Type: drill
Group ID: C:66.0-68.0

QA/QC

Laboratory: AGAT
QA/QC Disclosed: Yes
Lab Certified: Yes
QP Signed: Yes
QA/QC Methods: blanks, standards, duplicates, check assays

Review

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

Dates

Event date: 2026-07-07T00:00:00.000Z

Reasoning: Moderate grade intercept targeting near-surface mineralization.

Evidence · text

“2.0 m interval grading 1.76 g/t gold at a depth of 66.0 m”

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.