Gunpoint Exploration Ltd: Newcrest Announces Initial Drill Results on Appaloosa Trend
Original announcement by tmx on
- Company
- Gunpoint Exploration Ltd.
- Ticker
- GUN
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Agreement transaction
- Extracted
- 2026-08-25 15:03:48 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Gunpoint Exploration has reported initial drill results from Newcrest's drilling at the Appaloosa property in Nevada. The results show gold and silver intercepts consistent with a low-sulfidation epithermal system, including a potential shallow oxide zone.
Reasoning: Initial drilling results from a major partner (Newcrest) confirm the presence of a low-sulfidation epithermal system, though geometry and true widths remain unestablished.
Positive factors
- discovery of mineralized halo
- identification of shallow oxide zone
- QA/QC protocols disclosed
Negative factors
- apparent widths only
- true width not determined
Facts used in scoring: 19
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes detailed QA/QC protocols, including use of CRMs, duplicates, and ISO 17025 accredited labs.
Evidence · text
“QA/QC Sampling, sample preparation and quality control protocols are considered appropriate”
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 that significant assay intervals reported are apparent widths and true thickness has not been determined.
Evidence · text
“Significant assay intervals reported are apparent widths.”
Extracted facts
Stored fact records: 19. Some facts used in scoring do not have a stored record.
Drill Results (19)
APP-0001Appaloosa · goldGrade: 0.47Grade Unit: ppmIntercept: 28.97 mView all detailsHide details
Identity
- Hole ID
- APP-0001
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.47
- Grade Unit
- ppm
- Intercept
- 28.97 m
- From
- 103.33 m
- To
- 132.3 m
Classification
- Sample Type
- drill
- Group ID
- APP-0001:103.33-132.3
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: Low grade intercept in an exploration context.
Evidence · table
“0.47”
Context: 28.97
APP-0001Appaloosa · silverGrade: 7.9Grade Unit: ppmIntercept: 28.97 mView all detailsHide details
Identity
- Hole ID
- APP-0001
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 7.9
- Grade Unit
- ppm
- Intercept
- 28.97 m
- From
- 103.33 m
- To
- 132.3 m
Classification
- Sample Type
- drill
- Group ID
- APP-0001:103.33-132.3
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: Trace silver associated with gold intercept.
Evidence · table
“7.9”
Context: 28.97
APP-0002Appaloosa · goldGrade: 0.47Grade Unit: ppmIntercept: 12.38 mView all detailsHide details
Identity
- Hole ID
- APP-0002
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.47
- Grade Unit
- ppm
- Intercept
- 12.38 m
- From
- 104.62 m
- To
- 117 m
Classification
- Sample Type
- drill
- Group ID
- APP-0002:104.62-117
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: Low grade intercept.
Evidence · table
“0.47”
Context: 12.38
APP-0002Appaloosa · silverGrade: 2.6Grade Unit: ppmIntercept: 12.38 mView all detailsHide details
Identity
- Hole ID
- APP-0002
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 2.6
- Grade Unit
- ppm
- Intercept
- 12.38 m
- From
- 104.62 m
- To
- 117 m
Classification
- Sample Type
- drill
- Group ID
- APP-0002:104.62-117
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: Trace silver.
Evidence · table
“2.6”
Context: 12.38
APP-0003Appaloosa · goldGrade: 0.41Grade Unit: ppmIntercept: 19 mView all detailsHide details
Identity
- Hole ID
- APP-0003
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.41
- Grade Unit
- ppm
- Intercept
- 19 m
- From
- 133.5 m
- To
- 152.5 m
Classification
- Sample Type
- drill
- Group ID
- APP-0003:133.5-152.5
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: Low grade intercept.
Evidence · table
“0.41”
Context: 19
APP-0004Appaloosa · goldGrade: 7.9Grade Unit: ppmIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- APP-0004
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 7.9
- Grade Unit
- ppm
- Intercept
- 0.3 m
- From
- 323.6 m
- To
- 323.9 m
Classification
- Sample Type
- drill
- Group ID
- APP-0004:323.6-323.9
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: High grade intercept supporting deep mineralization.
Positive factors
- high grade intercept
Negative factors
- narrow width
Evidence · text
“0.3 meters of 7.9 g/t gold”
APP-0004Appaloosa · silverGrade: 30Grade Unit: ppmIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- APP-0004
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 30
- Grade Unit
- ppm
- Intercept
- 0.3 m
- From
- 323.6 m
- To
- 323.9 m
Classification
- Sample Type
- drill
- Group ID
- APP-0004:323.6-323.9
- Mining Method
- unknown
QA/QC
- 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
- 2023-07-27T00:00:00.000Z
Reasoning: High grade silver intercept.
Positive factors
- high grade intercept
Negative factors
- narrow width
Evidence · text
“30 g/t silver”
APP-0001**Appaloosa · goldGrade: 0.47Grade Unit: ppmIntercept: 28.97 mView all detailsHide details
Identity
- Hole ID
- APP-0001**
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.47
- Grade Unit
- ppm
- Intercept
- 28.97 m
- From
- 103.33 m
- To
- 132.3 m
- Hole Depth
- 250 m
Classification
- Sample Type
- drill
- Group ID
- APP-0001**:103.33-132.3
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372308
- Elevation
- 1916 m
- Azimuth
- 180 °
- Dip
- -45 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 0.47 ppm gold, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the gold rubric unit g/t; not scored.
Evidence · table
“0.47”
Context: APP-0001**
APP-0001**Appaloosa · silverGrade: 7.9Grade Unit: ppmIntercept: 28.97 mView all detailsHide details
Identity
- Hole ID
- APP-0001**
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 7.9
- Grade Unit
- ppm
- Intercept
- 28.97 m
- From
- 103.33 m
- To
- 132.3 m
- Hole Depth
- 250 m
Classification
- Sample Type
- drill
- Group ID
- APP-0001**:103.33-132.3
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372308
- Elevation
- 1916 m
- Azimuth
- 180 °
- Dip
- -45 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 7.9 ppm silver, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the silver rubric unit g/t; not scored.
Evidence · table
“7.9”
Context: APP-0001**
APP-0002**Appaloosa · goldGrade: 0.47Grade Unit: ppmIntercept: 12.38 mView all detailsHide details
Identity
- Hole ID
- APP-0002**
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.47
- Grade Unit
- ppm
- Intercept
- 12.38 m
- From
- 104.62 m
- To
- 117 m
- Hole Depth
- 310 m
Classification
- Sample Type
- drill
- Group ID
- APP-0002**:104.62-117
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372308
- Elevation
- 1916 m
- Azimuth
- 180 °
- Dip
- -70 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 0.47 ppm gold, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the gold rubric unit g/t; not scored.
Evidence · table
“0.47”
Context: APP-0002**
APP-0002**Appaloosa · silverGrade: 2.6Grade Unit: ppmIntercept: 12.38 mView all detailsHide details
Identity
- Hole ID
- APP-0002**
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 2.6
- Grade Unit
- ppm
- Intercept
- 12.38 m
- From
- 104.62 m
- To
- 117 m
- Hole Depth
- 310 m
Classification
- Sample Type
- drill
- Group ID
- APP-0002**:104.62-117
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372308
- Elevation
- 1916 m
- Azimuth
- 180 °
- Dip
- -70 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 2.6 ppm silver, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the silver rubric unit g/t; not scored.
Evidence · table
“2.6”
Context: APP-0002**
APP-0003**Appaloosa · goldGrade: 0.32Grade Unit: ppmIntercept: 1.8 mView all detailsHide details
Identity
- Hole ID
- APP-0003**
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.32
- Grade Unit
- ppm
- Intercept
- 1.8 m
- From
- 63.3 m
- To
- 65.1 m
- Hole Depth
- 275 m
Classification
- Sample Type
- drill
- Group ID
- APP-0003**:63.3-65.1
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372308
- Elevation
- 1916 m
- Azimuth
- 360 °
- Dip
- -45 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 0.32 ppm gold, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the gold rubric unit g/t; not scored.
Evidence · table
“0.32”
Context: APP-0003**
APP-0003**Appaloosa · silverGrade: 5.3Grade Unit: ppmIntercept: 1.8 mView all detailsHide details
Identity
- Hole ID
- APP-0003**
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 5.3
- Grade Unit
- ppm
- Intercept
- 1.8 m
- From
- 63.3 m
- To
- 65.1 m
- Hole Depth
- 275 m
Classification
- Sample Type
- drill
- Group ID
- APP-0003**:63.3-65.1
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372308
- Elevation
- 1916 m
- Azimuth
- 360 °
- Dip
- -45 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 5.3 ppm silver, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the silver rubric unit g/t; not scored.
Evidence · table
“5.3”
Context: APP-0003**
APP-0004**Appaloosa · goldGrade: 0.59Grade Unit: ppmIntercept: 26.94 mView all detailsHide details
Identity
- Hole ID
- APP-0004**
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.59
- Grade Unit
- ppm
- Intercept
- 26.94 m
- From
- 168.16 m
- To
- 195.1 m
- Hole Depth
- 403 m
Classification
- Sample Type
- drill
- Group ID
- APP-0004**:168.16-195.1
- Mining Method
- unknown
Location
- Easting
- 303070
- Northing
- 4372485
- Elevation
- 1944 m
- Azimuth
- 180 °
- Dip
- -50 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 0.59 ppm gold, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the gold rubric unit g/t; not scored.
Evidence · table
“0.59”
Context: APP-0004**
APP-0004**Appaloosa · silverGrade: 12Grade Unit: ppmIntercept: 26.94 mView all detailsHide details
Identity
- Hole ID
- APP-0004**
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 12
- Grade Unit
- ppm
- Intercept
- 26.94 m
- From
- 168.16 m
- To
- 195.1 m
- Hole Depth
- 403 m
Classification
- Sample Type
- drill
- Group ID
- APP-0004**:168.16-195.1
- Mining Method
- unknown
Location
- Easting
- 303070
- Northing
- 4372485
- Elevation
- 1944 m
- Azimuth
- 180 °
- Dip
- -50 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 12 ppm silver, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the silver rubric unit g/t; not scored.
Evidence · table
“12”
Context: APP-0004**
APP-0005**Appaloosa · goldGrade: 0.44Grade Unit: ppmIntercept: 2.5 mView all detailsHide details
Identity
- Hole ID
- APP-0005**
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.44
- Grade Unit
- ppm
- Intercept
- 2.5 m
- From
- 251 m
- To
- 252.5 m
- Hole Depth
- 310 m
Classification
- Sample Type
- drill
- Group ID
- APP-0005**:251-252.5
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372050
- Elevation
- 1884 m
- Azimuth
- 360 °
- Dip
- -45 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 0.44 ppm gold, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the gold rubric unit g/t; not scored.
Evidence · table
“0.44”
Context: APP-0005**
APP-0005**Appaloosa · silverGrade: 1.9Grade Unit: ppmIntercept: 2.5 mView all detailsHide details
Identity
- Hole ID
- APP-0005**
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 1.9
- Grade Unit
- ppm
- Intercept
- 2.5 m
- From
- 251 m
- To
- 252.5 m
- Hole Depth
- 310 m
Classification
- Sample Type
- drill
- Group ID
- APP-0005**:251-252.5
- Mining Method
- unknown
Location
- Easting
- 303100
- Northing
- 4372050
- Elevation
- 1884 m
- Azimuth
- 360 °
- Dip
- -45 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 1.9 ppm silver, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the silver rubric unit g/t; not scored.
Evidence · table
“1.9”
Context: APP-0005**
APP-0006**Appaloosa · goldGrade: 0.35Grade Unit: ppmIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- APP-0006**
- Project
- Appaloosa
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 0.35
- Grade Unit
- ppm
- Intercept
- 4 m
- From
- 190 m
- To
- 194 m
- Hole Depth
- 405 m
Classification
- Sample Type
- drill
- Group ID
- APP-0006**:190-194
- Mining Method
- unknown
Location
- Easting
- 302923
- Northing
- 4372495
- Elevation
- 1940 m
- Azimuth
- 180 °
- Dip
- -75 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 0.35 ppm gold, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the gold rubric unit g/t; not scored.
Evidence · table
“0.35”
Context: APP-0006**
APP-0006**Appaloosa · silverGrade: 19Grade Unit: ppmIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- APP-0006**
- Project
- Appaloosa
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- GUN
Geometry
- Grade
- 19
- Grade Unit
- ppm
- Intercept
- 4 m
- From
- 190 m
- To
- 194 m
- Hole Depth
- 405 m
Classification
- Sample Type
- drill
- Group ID
- APP-0006**:190-194
- Mining Method
- unknown
Location
- Easting
- 302923
- Northing
- 4372495
- Elevation
- 1940 m
- Azimuth
- 180 °
- Dip
- -75 °
- Loc. Confidence
- high
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2023-07-27T00:00:00.000Z
Reasoning: Expanded from assay table: 19 ppm silver, reported in a unit the rubric does not cover (g/t).
Negative factors
- Grade unit ppm does not match the silver rubric unit g/t; not scored.
Evidence · table
“19”
Context: APP-0006**
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.