# Iconic Minerals Submits First Core Samples for Analysis from 2026 Program at New Pass Gold Property, Nevada

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--0a374f2d-df5e-4706-a376-818fc106fe49

Original source: https://money.tmx.com/en/quote/ICM/news/5501843452273736/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new

Publisher: tmx

Original announcement: 2026-06-19T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Iconic Minerals Ltd.

- Ticker: ICM

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Resource update

- Extracted: 2026-08-20 21:40:35 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Iconic Minerals has submitted the first six drill hole samples from its 2026 exploration program at the New Pass gold property in Nevada for analysis at ALS. The company reports that drilling is proceeding as planned and aims to test a southwest-dipping mineralized zone.

Reasoning: The announcement is a procedural update stating that the first six drill holes of the 2026 program have been sampled and sent to the lab. While it confirms program progress, it contains no new assay data.

- Positive factor: drilling continues as planned

- Positive factor: samples submitted to ALS

- Positive factor: targets open mineralized zone

- Negative factor: no assay results yet

Facts used in scoring: 3

## Classification and evidence

**Inferred Resource**

Polarity: negative

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

Why it applies: The resource reported is categorized as Inferred based on the 2010 summary.

Evidence · text

> Inferred Resource Summary

**Historical Estimate Only**

Polarity: negative

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

Why it applies: The resource data provided is from a 2010 report by Paul D. Noland.

Evidence · text

> Inferred Resource Summary \(Paul D. Noland, CPG, September 3, 2010\)

## Extracted facts

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

## Drill Results (3)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--0a374f2d-df5e-4706-a376-818fc106fe49#fact-drill-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: ICM

#### Geometry

- Grade: 0.018
- Grade Unit: oz/ton

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2010-09-03T00:00:00.000Z

#### Dates

- Event date: 2026-06-19T00:00:00.000Z

Reasoning: Historical inferred resource reported from 2010.

Evidence · text

> Inferred Resource Summary \(Paul D. Noland, CPG, September 3, 2010\)

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--0a374f2d-df5e-4706-a376-818fc106fe49#fact-drill-facts-1)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: ICM

#### Geometry

- Grade: 0.202
- Grade Unit: oz/ton

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2010-09-03T00:00:00.000Z

#### Dates

- Event date: 2026-06-19T00:00:00.000Z

Reasoning: Historical inferred resource reported from 2010.

Evidence · text

> Average Silver Grade: 0.202 oz/ton

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/iconic-minerals-submits-first-core-samples-for-analysis-from-2026-program-at-new--0a374f2d-df5e-4706-a376-818fc106fe49#fact-drill-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: ICM

#### Geometry

- Grade: 0.022
- Grade Unit: oz/ton

#### Metal Equivalent

- Metal Eq. Grade: 0.022
- Metal Eq. Unit: oz/ton

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2010-09-03T00:00:00.000Z

#### Dates

- Event date: 2026-06-19T00:00:00.000Z

Reasoning: Historical inferred resource reported from 2010.

Evidence · text

> Average Grade AuEq: 0.022 oz/ton

## 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.