# InvestorNewsBreaks - Epic Gold Corp. \(CSE: EPG\) \(OTCQB: NFLDF\) \(FSE: 6341\) Reports Inferred Gold Resource of 440,000 Ounces at Hawkins Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/investornewsbreaks-epic-gold-corp-cse-epg-otcqb-nfldf-fse-6341-reports-inferred--3904acbe-9ea1-42e2-aafb-eb20d89b513c

Original source: https://orestocks.com/company/EPG.CN/press-releases/5933385269859605

Publisher: orestocks

Original announcement: 2026-10-14T15:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-14T16:35:03.971Z

Atlas analysis updated: 2026-10-14T16:35:03.971Z

- Company: Epic Gold Corp.

- Ticker: EPG

- Exchange: Unavailable

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-10-14 16:35:04 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Epic Gold Corp. has announced an initial maiden Inferred Mineral Resource Estimate of 440,000 ounces of gold at the Hawkins Project in Ontario. The resource comprises 14 million metric tons at 0.98 g/t gold, split between a pit-constrained portion and an underground portion.

Reasoning: The company announced its first formal Mineral Resource Estimate for the McKinnon Deposit, establishing a baseline of 440koz gold, though it remains entirely in the speculative Inferred category.

- Positive factor: Maiden resource establishment

- Positive factor: Significant gold ounces reported

- Positive factor: NI 43-101 compliant

- Negative factor: 100% Inferred classification

- Negative factor: No demonstrated economic viability

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

Facts used in scoring: 3

## 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: The announcement describes an 'initial current Mineral Resource Estimate'.

Evidence · text

> announced an initial current Mineral Resource Estimate \(“MRE”\)

**Inferred Resource**

Polarity: negative

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

Why it applies: The entire resource is classified as Inferred.

Evidence · text

> The entire resource remains classified as Inferred

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: The estimate was prepared in accordance with NI 43-101.

Evidence · text

> Prepared in accordance with National Instrument 43-101

## Extracted facts

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

## Resource Estimates (3)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-epic-gold-corp-cse-epg-otcqb-nfldf-fse-6341-reports-inferred--3904acbe-9ea1-42e2-aafb-eb20d89b513c#fact-resource-facts-0)

Hawkins Project · gold

#### Identity

- Project: Hawkins Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: EPG

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:5f9f7a43aad52231bea3
- Deposit or zone: McKinnon Deposit
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 14000000
- Grade: 0.98
- Grade Unit: g/t
- Contained Metal: 440000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Initial resource estimate establishing the scale of the McKinnon Deposit.

- Positive factor: Maiden resource

- Negative factor: All Inferred

Evidence · text

> initial current Mineral Resource Estimate \(“MRE”\) of approximately 440,000 ounces of gold at the McKinnon Deposit

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-epic-gold-corp-cse-epg-otcqb-nfldf-fse-6341-reports-inferred--3904acbe-9ea1-42e2-aafb-eb20d89b513c#fact-resource-facts-1)

Hawkins Project · gold

#### Identity

- Project: Hawkins Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: EPG

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:5f9f7a43aad52231bea3
- Deposit or zone: McKinnon Deposit
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 14000000
- Grade: 0.89
- Grade Unit: g/t
- Contained Metal: 360000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Sub-component of the total resource focused on open-pit potential.

- Positive factor: Pit-constrained resource

- Negative factor: Inferred only

Evidence · text

> pit-constrained Inferred Mineral Resource of 360,000 ounces at 0.89 grams per metric ton

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/investornewsbreaks-epic-gold-corp-cse-epg-otcqb-nfldf-fse-6341-reports-inferred--3904acbe-9ea1-42e2-aafb-eb20d89b513c#fact-resource-facts-2)

Hawkins Project · gold

#### Identity

- Project: Hawkins Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: EPG

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:5f9f7a43aad52231bea3
- Deposit or zone: McKinnon Deposit
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 14000000
- Grade: 1.82
- Grade Unit: g/t
- Contained Metal: 80000
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-14T00:00:00.000Z

Reasoning: Higher grade component of the resource targeting underground mining.

- Positive factor: Higher grade underground component

- Negative factor: Inferred only

Evidence · text

> out-of-pit underground Inferred Mineral Resource of approximately 80,000 ounces at 1.82 grams per metric ton

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the 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.
