Iconic Minerals Reports Further Positive Near Surface Gold and Silver Results in Second Batch of Assays from 2026 Drilling Program at New Pass Gold Property, Nevada

Original announcement by orestocks on

Company
Iconic Minerals Ltd.
Ticker
ICM.V
Exchange
Unavailable
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver, Antimony
Document categories
Drill results, Resource update
Extracted
2026-09-17 13:40:58 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Iconic Minerals reports positive near-surface gold and silver assay results from the second batch of its 2026 drilling program at the New Pass Gold Property in Nevada. The program, designed to test up-dip extensions and infill deeper sections, returned continuous mineralization in five of six holes, including high-grade silver up to 42.7 g/t. Additionally, a significant antimony intercept was identified in one hole, which the company notes as a critical mineral. The results will be incorporated into updated geological interpretations, with initial metallurgical testing planned to confirm leachability.

Reasoning: The drill results confirm significant near-surface gold and silver mineralization, including high-grade silver and a notable antimony intercept, which is positive for the project's potential. The program successfully targeted extensions and infill areas. While true widths and cut-off grades are not explicitly stated, the perpendicular drilling angle provides some confidence. The historical resource provides a strong baseline for the property.

Positive factors

  • Multiple near-surface gold and silver intercepts confirm mineralization
  • High-grade silver sub-intervals encountered
  • Significant antimony intercept identified, noted as a critical mineral
  • Drill holes generally perpendicular to dip, suggesting reasonable approximation of true width
  • QA/QC procedures (standards, blanks, repeats) were followed
  • Historical resource provides a strong foundation for continued exploration

Negative factors

  • True widths are not yet determined for reported intervals
  • Cut-off grades for reported intervals are not explicitly disclosed
  • Antimony, while a critical mineral, can also be a penalty element in some concentrates

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 41

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: The release states that 'standards, blanks, and repeat samples' were submitted with the assay intervals, indicating QA/QC procedures were followed.

Evidence · text

“The 10 foot (3 meter) sample intervals were submitted to ALS Reno with standards, blanks, and repeat samples.”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Richard Kern, a Certified Professional Geologist, is named as the Qualified Person who reviewed and approved the technical information in the news release.

Evidence · text

“Richard Kern, Certified Professional Geologist, a qualified person as defined by NI 43-101, has reviewed and approved the technical information contained in this news release.”

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 'Reported intervals represent downhole lengths. True widths have not yet been determined'.

Evidence · text

“Reported intervals represent downhole lengths. True widths have not yet been determined”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document does not explicitly state the cut-off grade used for reporting the drill intervals, only providing context from other mines.

Evidence · text

“For context, cut-off gold grades for the oxidized portion of the Carlin style gold mines Barrick operates are as low as 0.21 g/t (0.006 oz/ton) as of March 2025.”

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: Significant antimony was intersected, which is noted as a critical mineral but can also be a penalty element in some concentrates.

Evidence · text

“Significant Antimony Intersected, New Data from Previously Reported Drill Hole”

Historical Estimate Onlynegative

Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource summary is explicitly labeled as a 'Historic Inferred Resource Summary' from 2010, and the company states it is not treating it as current mineral resources or reserves.

Evidence · text

“Historic Inferred Resource Summary (Paul D. Noland, CPG, September 3, 2010)”

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The historical resource estimate has an effective date of September 3, 2010, making it over 10 years old.

Evidence · text

“Historic Inferred Resource Summary (Paul D. Noland, CPG, September 3, 2010)”

All Inferrednegative

100% of resource is Inferred category — very early stage, no engineering confidence.

Why it applies: The historical resource summary explicitly states 'Historical Inferred Resource Summary', indicating the entire resource is in the inferred category.

Evidence · text

“Historic Inferred Resource Summary (Paul D. Noland, CPG, September 3, 2010)”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The historical resource report was done by a Certified Professional Geologist in compliance with NI 43-101 guidelines.

Evidence · text

“The historical resource report was done by a Certified Professional Geologist in compliance with NI 43-101 guidelines.”

Extracted facts

Stored fact records: 41. Some facts used in scoring do not have a stored record.

Drill Results (39)

NP2605New Pass · goldGrade: 0.33Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2605
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
9 m
From
98 m
To
107 m
Intercept Depth
98 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2605:98-107
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization, which aligns with the program's objective. The grade is moderate for an epithermal deposit, and the length is reasonable.

Positive factors

  • Confirms near-surface gold mineralization
  • Intercept length is moderate for near-surface target

Negative factors

  • Grade is at the lower end of moderate for epithermal gold
  • True width not determined

Evidence · table

“0.33”

Context: 9

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2605New Pass · silverGrade: 4.83Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2605
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
4.83
Grade Unit
g/t
Intercept
9 m
From
98 m
To
107 m
Intercept Depth
98 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2605:98-107
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present but at a weak grade for an epithermal deposit, contributing to overall polymetallic potential but not a standalone highlight.

Positive factors

  • Confirms silver mineralization alongside gold

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“4.83”

Context: 9

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2612New Pass · goldGrade: 0.4Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2612
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2612:0-30
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This is a strong near-surface gold intercept, starting from 0m, which is highly favorable for potential open-pit mining. The length is significant.

Positive factors

  • Excellent near-surface intercept from 0m
  • Good intercept length for an open-pit target

Negative factors

  • Grade is at the lower end of moderate for epithermal gold
  • True width not determined

Evidence · table

“0.40”

Context: 30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2612New Pass · silverGrade: 4.89Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2612
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
4.89
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2612:0-30
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present from surface but at a weak grade for an epithermal deposit, contributing to overall polymetallic potential.

Positive factors

  • Confirms silver mineralization alongside gold from surface

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“4.89”

Context: 30

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2613New Pass · goldGrade: 0.44Grade Unit: g/tIntercept: 55 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
55 m
From
0 m
To
55 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2613:0-55
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This is a very strong near-surface gold intercept, starting from 0m and extending for a significant length, highly favorable for potential open-pit mining.

Positive factors

  • Excellent near-surface intercept from 0m
  • Very good intercept length for an open-pit target

Negative factors

  • Grade is at the lower end of moderate for epithermal gold
  • True width not determined

Evidence · table

“0.44”

Context: 55

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2613New Pass · silverGrade: 3.21Grade Unit: g/tIntercept: 55 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
3.21
Grade Unit
g/t
Intercept
55 m
From
0 m
To
55 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2613:0-55
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present from surface but at a weak grade for an epithermal deposit, contributing to overall polymetallic potential.

Positive factors

  • Confirms silver mineralization alongside gold from surface

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“3.21”

Context: 55

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2613New Pass · goldGrade: 0.95Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.95
Grade Unit
g/t
Intercept
15 m
From
34 m
To
49 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2613:34-49
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This sub-interval shows a significantly higher gold grade within the broader intercept, enhancing the overall prospectivity of the zone.

Positive factors

  • Higher-grade sub-interval within a broader zone
  • Good grade for an open-pit target

Negative factors

  • True width not determined

Evidence · table

“0.95”

Context: 15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2613New Pass · silverGrade: 3.32Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
3.32
Grade Unit
g/t
Intercept
15 m
From
34 m
To
49 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2613:34-49
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present within the higher-grade gold zone but at a weak grade for an epithermal deposit.

Positive factors

  • Confirms silver mineralization within the higher-grade gold sub-interval

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“3.32”

Context: 15

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2614New Pass · goldGrade: 0.37Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
49 m
From
0 m
To
49 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2614:0-49
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This is a strong near-surface gold intercept, starting from 0m and extending for a good length, favorable for potential open-pit mining.

Positive factors

  • Excellent near-surface intercept from 0m
  • Good intercept length for an open-pit target

Negative factors

  • Grade is at the lower end of moderate for epithermal gold
  • True width not determined

Evidence · table

“0.37”

Context: 49

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2614New Pass · silverGrade: 5.49Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
5.49
Grade Unit
g/t
Intercept
49 m
From
0 m
To
49 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2614:0-49
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present from surface but at a weak grade for an epithermal deposit, contributing to overall polymetallic potential.

Positive factors

  • Confirms silver mineralization alongside gold from surface

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“5.49”

Context: 49

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2615New Pass · goldGrade: 0.38Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2615
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
9 m
From
0 m
To
9 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2615:0-9
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization from 0m, but the length is narrow and the grade is moderate.

Positive factors

  • Confirms near-surface gold mineralization from 0m

Negative factors

  • Grade is at the lower end of moderate for epithermal gold
  • Intercept length is narrow
  • True width not determined

Evidence · table

“0.38”

Context: 9

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2615New Pass · silverGrade: 4.03Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
NP2615
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
4.03
Grade Unit
g/t
Intercept
9 m
From
0 m
To
9 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2615:0-9
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present from surface but at a weak grade for an epithermal deposit.

Positive factors

  • Confirms silver mineralization alongside gold from surface

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“4.03”

Context: 9

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2618New Pass · goldGrade: 0.3Grade Unit: g/tIntercept: 43 mView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
43 m
From
0 m
To
43 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2618:0-43
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept confirms near-surface gold mineralization from 0m with a good length, but the grade is moderate.

Positive factors

  • Confirms near-surface gold mineralization from 0m
  • Good intercept length for an open-pit target

Negative factors

  • Grade is at the lower end of moderate for epithermal gold
  • True width not determined

Evidence · table

“0.30”

Context: 43

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2618New Pass · silverGrade: 6.49Grade Unit: g/tIntercept: 43 mView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
6.49
Grade Unit
g/t
Intercept
43 m
From
0 m
To
43 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2618:0-43
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept is present from surface but at a weak grade for an epithermal deposit, contributing to overall polymetallic potential.

Positive factors

  • Confirms silver mineralization alongside gold from surface

Negative factors

  • Silver grade is weak for an epithermal deposit
  • True width not determined

Evidence · table

“6.49”

Context: 43

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2614New Pass · silverGrade: 20.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
20.4
Grade Unit
g/t
Intercept
3 m
From
18 m
To
21 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2614:18-21
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows a good silver grade, indicating higher-grade silver zones within the broader mineralization, which is a positive development.

Positive factors

  • Good silver grade for an epithermal deposit
  • Confirms higher-grade silver zones near surface

Negative factors

  • Intercept length is narrow
  • True width not determined

Evidence · table

“20.40”

Context: 21

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2614New Pass · silverGrade: 30.3Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
30.3
Grade Unit
g/t
Intercept
4 m
From
58 m
To
62 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2614:58-62
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows a strong silver grade at a slightly deeper interval, suggesting the presence of significant silver mineralization beyond the immediate near-surface.

Positive factors

  • Strong silver grade for an epithermal deposit
  • Indicates deeper high-grade silver zones

Negative factors

  • Intercept length is narrow
  • True width not determined

Evidence · table

“30.30”

Context: 62

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2618New Pass · silverGrade: 42.7Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
42.7
Grade Unit
g/t
Intercept
3 m
From
40 m
To
43 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2618:40-43
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade, indicating very high-grade silver zones within the broader mineralization, which is a significant positive development.

Positive factors

  • Exceptional silver grade for an epithermal deposit
  • Confirms very high-grade silver zones near surface

Negative factors

  • Intercept length is narrow
  • True width not determined

Evidence · table

“42.70”

Context: 43

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2618New Pass · silverGrade: 20Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
20
Grade Unit
g/t
Intercept
3 m
From
46 m
To
49 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2618:46-49
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows a good silver grade at a slightly deeper interval, suggesting the presence of significant silver mineralization beyond the immediate near-surface.

Positive factors

  • Good silver grade for an epithermal deposit
  • Indicates deeper high-grade silver zones

Negative factors

  • Intercept length is narrow
  • True width not determined

Evidence · table

“20.00”

Context: 49

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2601New Pass · antimonyGrade: 1Grade Unit: %Intercept: 6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2601
Project
New Pass
Commodity
antimony
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
1
Grade Unit
%
Intercept
6 m
From
79 m
To
85 m
Hole Depth
3 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2601:79-85
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The discovery of significant antimony, a critical mineral, associated with gold and silver, is a highly positive and novel development for the project, indicating potential for additional revenue streams.

Positive factors

  • Significant antimony intercept, exceeding detection limits
  • Antimony is a U.S. critical mineral, adding strategic value
  • Associated with high-grade gold and silver

Negative factors

  • Antimony can be a penalty element in some concentrates

Evidence · text

“exceeded the analytical upper detection limit of 1% Sb, with the previous 10 feet (3 meters) assaying 0.26% Sb. The same interval with over-limit antimony assay values returned an average of 1.80 g/t (0.053 oz/ton) Au and 11.9 g/t (0.335 oz/ton) Ag.”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2601New Pass · goldGrade: 1.8Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2601
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
6 m
From
79 m
To
85 m
Hole Depth
3 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2601:79-85
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This gold intercept shows a strong grade and is associated with significant antimony, making it a valuable polymetallic intercept.

Positive factors

  • Strong gold grade for an epithermal deposit
  • Associated with significant antimony, enhancing overall value

Evidence · text

“1.80 g/t (0.053 oz/ton) Au”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2601New Pass · silverGrade: 11.9Grade Unit: g/tIntercept: 6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2601
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
11.9
Grade Unit
g/t
Intercept
6 m
From
79 m
To
85 m
Hole Depth
3 m
Intercept Depth
79 m

Classification

Deposit Type
epithermal
Program
mixed
Sample Type
drill
Group ID
NP2601:79-85
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This silver intercept shows a moderate grade and is associated with significant antimony and gold, contributing to the polymetallic nature of the mineralization.

Positive factors

  • Moderate silver grade for an epithermal deposit
  • Associated with significant antimony and gold

Evidence · text

“11.9 g/t (0.335 oz/ton) Ag”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

NP2605New Pass · goldGrade: 0.33Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2605
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
30 m
From
320 m
To
350 m
Intercept Depth
320 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2605:320-350
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.33 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 9.9 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.33”

Context: NP2605

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2605New Pass · silverGrade: 4.83Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2605
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
4.83
Grade Unit
g/t
Intercept
30 m
From
320 m
To
350 m
Intercept Depth
320 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2605:320-350
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 4.83 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 144.9 g/t·m is below.

Negative factors

  • 4.83 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.83”

Context: NP2605

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2612New Pass · goldGrade: 0.4Grade Unit: g/tIntercept: 100 mView all details
Link to this fact

Identity

Hole ID
NP2612
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
100 m
From
0 m
To
100 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2612:0-100
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.4 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 40.0 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.40”

Context: NP2612

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2612New Pass · silverGrade: 4.89Grade Unit: g/tIntercept: 100 mView all details
Link to this fact

Identity

Hole ID
NP2612
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
4.89
Grade Unit
g/t
Intercept
100 m
From
0 m
To
100 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2612:0-100
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 4.89 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 489.0 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.89”

Context: NP2612

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2613New Pass · goldGrade: 0.44Grade Unit: g/tIntercept: 180 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
180 m
From
0 m
To
180 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2613:0-180
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.44 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 79.2 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.44”

Context: NP2613

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2613New Pass · silverGrade: 3.21Grade Unit: g/tIntercept: 180 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
3.21
Grade Unit
g/t
Intercept
180 m
From
0 m
To
180 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2613:0-180
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 3.21 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 577.8 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.21”

Context: NP2613

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2613New Pass · goldGrade: 0.95Grade Unit: g/tIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.95
Grade Unit
g/t
Intercept
50 m
From
110 m
To
160 m
Intercept Depth
110 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2613:110-160
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.95 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 47.5 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.95”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2613New Pass · silverGrade: 3.32Grade Unit: g/tIntercept: 50 mView all details
Link to this fact

Identity

Hole ID
NP2613
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
3.32
Grade Unit
g/t
Intercept
50 m
From
110 m
To
160 m
Intercept Depth
110 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2613:110-160
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 3.32 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 166.0 g/t·m is below.

Negative factors

  • 3.32 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.32”

Context: Including

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2614New Pass · goldGrade: 0.37Grade Unit: g/tIntercept: 160 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.37
Grade Unit
g/t
Intercept
160 m
From
0 m
To
160 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2614:0-160
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.37 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 59.2 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.37”

Context: NP2614

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2614New Pass · silverGrade: 5.49Grade Unit: g/tIntercept: 160 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
5.49
Grade Unit
g/t
Intercept
160 m
From
0 m
To
160 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2614:0-160
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 5.49 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 878.4 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“5.49”

Context: NP2614

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2615New Pass · goldGrade: 0.38Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2615
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.38
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2615:0-30
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.38 g/t gold is weak against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 11.4 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.38”

Context: NP2615

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2615New Pass · silverGrade: 4.03Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
NP2615
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
4.03
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2615:0-30
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 4.03 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 120.9 g/t·m is below.

Negative factors

  • 4.03 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.03”

Context: NP2615

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2618New Pass · goldGrade: 0.3Grade Unit: g/tIntercept: 140 mView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
140 m
From
0 m
To
140 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2618:0-140
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 0.3 g/t gold is moderate against the open_pit mining band [5, 2, 1, 0.3] g/t. Grade×width 42.0 g/t·m is moderate (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.30”

Context: NP2618

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2618New Pass · silverGrade: 6.49Grade Unit: g/tIntercept: 140 mView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
6.49
Grade Unit
g/t
Intercept
140 m
From
0 m
To
140 m
Intercept Depth
0 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2618:0-140
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 6.49 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 908.6 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.49”

Context: NP2618

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2614New Pass · silverGrade: 20.4Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
20.4
Grade Unit
g/t
Intercept
10 m
From
60 m
To
70 m
Intercept Depth
60 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2614:60-70
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 20.4 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 204.0 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.40”

Context: NP2614

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2614New Pass · silverGrade: 30.3Grade Unit: g/tIntercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2614
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
30.3
Grade Unit
g/t
Intercept
12 m
From
190 m
To
202 m
Intercept Depth
190 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2614:190-202
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 30.3 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 363.6 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“30.30”

Context: NP2614

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2618New Pass · silverGrade: 42.7Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
42.7
Grade Unit
g/t
Intercept
10 m
From
130 m
To
140 m
Intercept Depth
130 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2618:130-140
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 42.7 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 427.0 g/t·m is weak.

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“42.70”

Context: NP2618

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NP2618New Pass · silverGrade: 20Grade Unit: g/tIntercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NP2618
Project
New Pass
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
ICM.V

Geometry

Grade
20
Grade Unit
g/t
Intercept
10 m
From
150 m
To
160 m
Intercept Depth
150 m

Classification

Deposit Type
epithermal
Sample Type
drill
Group ID
NP2618:150-160
Mining Method
open_pit

QA/QC

Laboratory
ALS Reno
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Expanded from assay table. 20 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 200.0 g/t·m is weak (grade alone is below; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“20.00”

Context: NP2618

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (2)

inferredNew Pass Gold Property · goldTonnes: 14075000Grade: 0.75Grade Unit: g/tContained Metal: 341750Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
New Pass Gold Property
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
ICM.V

Resource scope

Estimate type
resource
Effective date
2010-09-03T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul D. Noland
Resource group id
resource:395923d24de09971dd73
Deposit or zone
New Pass Au-Ag deposit
Material type
oxide

Resource Data

Category
inferred
Tonnes
14075000
Grade
0.75
Grade Unit
g/t
Contained Metal
341750
Contained Unit
oz

Prior Estimate

Resource Date
2010-09-03

Metal Equivalent

Metal Eq. Grade
0.75
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2010-09-03T00:00:00.000Z

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This is a historical inferred resource for gold equivalent, providing a baseline for the project's potential but requiring significant work to be upgraded to current standards. Its age, inferred status, and lack of equivalent assumptions limit its current utility.

Positive factors

  • Provides a technical foundation for continued exploration
  • Demonstrates scale and continuity of mineralization

Negative factors

  • Estimate is historical and requires verification
  • 100% Inferred category, limiting engineering confidence
  • Stale estimate (effective date >10 years old)
  • Metal equivalent assumptions not disclosed

Evidence · text

“Average Grade AuEq: 0.022 oz/ton (0.75 g/t) Contained AuEq Ounces: 341,750”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 16.0 years before this release

inferredNew Pass Gold Property · silverTonnes: 14075000Grade: 6.93Grade Unit: g/tContained Metal: 3139054Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
New Pass Gold Property
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
ICM.V

Resource scope

Estimate type
resource
Effective date
2010-09-03T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Paul D. Noland
Resource group id
resource:395923d24de09971dd73
Deposit or zone
New Pass Au-Ag deposit
Material type
oxide

Resource Data

Category
inferred
Tonnes
14075000
Grade
6.93
Grade Unit
g/t
Contained Metal
3139054
Contained Unit
oz

Prior Estimate

Resource Date
2010-09-03

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2010-09-03T00:00:00.000Z

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This is a historical inferred resource for silver, providing a baseline for the project's potential but requiring significant work to be upgraded to current standards. Its age and inferred status limit its current utility.

Positive factors

  • Provides a technical foundation for continued exploration
  • Demonstrates scale and continuity of mineralization

Negative factors

  • Estimate is historical and requires verification
  • 100% Inferred category, limiting engineering confidence
  • Stale estimate (effective date >10 years old)

Evidence · text

“Average Silver Grade: 0.202 oz/ton (6.93 g/t) Contained Silver Ounces: 3,139,054”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 16.0 years before this release

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.