# High Tide Resources Reports Final Drill Results and Prepares for Maiden Mineral Resource Estimate

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/high-tide-resources-reports-final-drill-results-and-prepares-for-maiden-mineral--8d7c8575-5996-40f0-b52e-4180d6cc311f

Original source: https://money.tmx.com/en/quote/AVG/news/4530908794630839/high-tide-resources-reports-final-drill-results-and-prepares-for-maiden-mineral-

Publisher: tmx

Original announcement: 2022-10-25T19:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Avidian Gold Corp.

- Ticker: AVG

- Exchange: TSX

- Region: Labrador

- Primary commodity: Iron ore

- Secondary commodities: Gold, Lithium, Copper, Nickel, Cobalt

- Document categories: Drill results, Resource update

- Extracted: 2026-08-21 11:56:46 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Avidian Gold Corp. \(via its 33% stake in High Tide Resources\) has completed a 2,300-metre drilling program at the Labrador West Iron Project. The company is now integrating these results, along with historical data and metallurgical results, into an upcoming maiden mineral resource estimate.

Reasoning: The company has completed a ~2300m drilling program and is moving toward a maiden mineral resource estimate for the Labrador West Iron Project.

- Positive factor: completion of significant drilling program

- Positive factor: preparation for maiden resource estimate

- Positive factor: strategic location near operating mines

Facts used in scoring: 2

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: Company is preparing for a maiden mineral resource estimate at the Labrador West Iron Project.

Evidence · text

> Prepares for Maiden Mineral Resource Estimate

**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 release includes a sign-off by a Qualified Person \(Steve Roebuck, P.Geo.\).

Evidence · text

> approved by Steve Roebuck, P.Geo., President and CEO of Avidian, who is a Qualified Person

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/high-tide-resources-reports-final-drill-results-and-prepares-for-maiden-mineral--8d7c8575-5996-40f0-b52e-4180d6cc311f#fact-drill-facts-0)

Labrador West Iron Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Labrador West Iron Project
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: AVG

#### Geometry

- Grade: 1.99
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2017-11-17T00:00:00.000Z

#### Dates

- Event date: 2022-10-25T00:00:00.000Z

Reasoning: Historical Indicated resource for the Golden Zone property mentioned in company background.

Evidence · text

> NI 43-101 Indicated gold resource of 267,400 ounces \(4,187,000 tonnes at 1.99 g/t Au\)

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/high-tide-resources-reports-final-drill-results-and-prepares-for-maiden-mineral--8d7c8575-5996-40f0-b52e-4180d6cc311f#fact-drill-facts-1)

Golden Zone · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Golden Zone
- Commodity: gold
- Region: usa\_ak
- Reported Region: Alaska
- Ticker: AVG

#### Geometry

- Grade: 0.83
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2017-11-17T00:00:00.000Z

#### Dates

- Event date: 2022-10-25T00:00:00.000Z

Reasoning: Historical Inferred resource for the Golden Zone property mentioned in company background.

Evidence · text

> Inferred gold resource of 35,900 ounces \(1,353,000 tonnes at 0.83 g/t Au\)

## 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.