Kootenay Resources Reports Continued Review of Two Times Fred Drill Results

Original announcement by tmx on

Company
Kootenay Resources Inc.
Ticker
KTRI
Exchange
TSX
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Drill results, Other
Extracted
2026-08-25 19:01:59 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Kootenay Resources is reviewing $4.0 million of historical exploration work at the Two Times Fred epithermal vein system in British Columbia. The review identifies several key vein trends (Gold Hill, Shinju, Saki, etc.) that remain open in all directions and show significant strike potential.

Reasoning: The release is a compilation/review of existing data rather than new assay results, providing a structural overview of the epithermal system. While it confirms the presence of multiple vein trends, the lack of new high-grade intercepts limits immediate materiality.

Positive factors

  • structural continuity indicated
  • vein system open in all directions
  • anomalous gold in multiple holes

Negative factors

  • wide drill spacing
  • lightly drilled
  • no specific high-grade intercepts reported in this summary

Facts used in scoring: 6

Atlas analysis — Kootenay Resources Inc.: Kootenay Resources Reports Continued Review of Two Times Fred Drill Results

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 mentions technical information prepared in accordance with NI 43-101 and reviewed by a Qualified Person.

Evidence · text

“prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

2XF-21-0036Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
2XF-21-0036
Project
Two Times Fred
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
KTRI

Geometry

From
300 m

Classification

Deposit Type
epithermal
Sample Type
drill
Mining Method
underground

Location

Loc. Confidence
low

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: A single hole intercepting a vein at 300m depth provides structural context but lacks grade data in this summary.

Positive factors

  • intercepted vein at depth

Negative factors

  • single hole
2XF21-0031Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
2XF21-0031
Project
Two Times Fred
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
KTRI

Geometry

To
265 m

Classification

Deposit Type
epithermal
Sample Type
drill
Mining Method
underground

Location

Loc. Confidence
low

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Identifies the deepest intersection to date in the Shinju vein, though specific grade is not provided in this text.

Positive factors

  • deepest intersection to date
2XF-21-0021Two Times Fred · goldHistorical resultNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
2XF-21-0021
Project
Two Times Fred
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
KTRI

Classification

Deposit Type
epithermal
Sample Type
drill
Mining Method
underground

Location

Loc. Confidence
low

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Intercept in hole 2XF 21-0021 supports the potential strike length of the Borrow Pit vein.

Positive factors

  • indicates potential strike
2XF-21-0026Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
2XF-21-0026
Project
Two Times Fred
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
KTRI

Classification

Deposit Type
epithermal
Sample Type
drill
Mining Method
underground

Location

Loc. Confidence
low

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Hole 2XF-21-0026 hit the Saki vein, extending the known drilled length to 2,150m.

Positive factors

  • extended drilled length
2XF-21-0017Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
2XF-21-0017
Project
Two Times Fred
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
KTRI

Classification

Deposit Type
epithermal
Sample Type
drill
Mining Method
underground

Location

Loc. Confidence
low

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2021-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Identified as a possible hit for the Hidden Vein.

Positive factors

  • possible hit
2XF-15-07Two Times Fred · goldHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
2XF-15-07
Project
Two Times Fred
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
KTRI

Classification

Deposit Type
epithermal
Sample Type
drill
Mining Method
underground

Location

Loc. Confidence
low

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2015-01-01T00:00:00.000Z

Dates

Event date
2025-04-14T00:00:00.000Z

Reasoning: Identified as a possible hit for the Hidden Vein.

Positive factors

  • possible hit

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.