# Massive Sulphides at Fay Lake

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416

Original source: https://webfiles-primary.thecse.com/news_releases/en/5181/adb67545-db55-4284-be1e-3f0a45f59705

Publisher: cse

Original announcement: 2026-09-22T05:42:25.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T05:48:30.177Z

Atlas analysis updated: 2026-09-22T05:48:30.177Z

- Company: Boreal Gold Inc.

- Ticker: BGLD

- Exchange: CSE

- Region: Manitoba

- Primary commodity: Copper

- Secondary commodities: Zinc, Gold, Silver

- Document categories: Drill results

- Extracted: 2026-09-22 05:48:31 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Boreal Gold has intersected massive and semi-massive sulphides at the Fay Lake Property in Manitoba. Notable intersections include a 10.05m zone in hole FA-26-01 within the Redwin VMS horizon, with assays currently pending from SRC Laboratories.

Reasoning: The announcement reports significant visual intersections of massive sulphides in the Redwin VMS horizon, though actual grades are pending assay results.

- Positive factor: Intersection of massive sulphides in Redwin horizon

- Positive factor: Significant 10m intercept

- Positive factor: Proximity to known VMS and gold deposits

- Negative factor: Assays are currently pending

- Negative factor: True width is only 55-60% of core length

- Negative factor: Diking observed in some holes

Facts used in scoring: 15

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release mentions SRC laboratories with ISO/IEC 17025:2017 certification and specific QA/QC protocols \(standards, blanks, duplicates\).

Evidence · text

> certification ISO/IEC 17025:2017

**Apparent Width Only**

Polarity: negative

Definition: 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 the true width is only 55-60% of the core length.

Evidence · text

> true width is 55-60% of the core length

## Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

## Drill Results (15)

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-0)

Fay Lake · copper

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: copper
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.6 m
- From: 23.07 m
- To: 23.67 m
- Hole Depth: 10 m
- Intercept Depth: 23.07 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:23.07-23.67
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of pyrite/pyrrhotite stringer zone; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> FA-26-01 Pyrite and Pyrrhotite Stringer Zone 23.07-23.67 0.60 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-1)

Fay Lake · zinc

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: zinc
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.6 m
- From: 23.07 m
- To: 23.67 m
- Hole Depth: 10 m
- Intercept Depth: 23.07 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:23.07-23.67
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of pyrite/pyrrhotite stringer zone; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> FA-26-01 Pyrite and Pyrrhotite Stringer Zone 23.07-23.67 0.60 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-2)

Fay Lake · gold

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.6 m
- From: 23.07 m
- To: 23.67 m
- Hole Depth: 10 m
- Intercept Depth: 23.07 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:23.07-23.67
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of pyrite/pyrrhotite stringer zone; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> FA-26-01 Pyrite and Pyrrhotite Stringer Zone 23.07-23.67 0.60 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-3)

Fay Lake · copper

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: copper
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.87 m
- From: 23.67 m
- To: 26.54 m
- Hole Depth: 10 m
- Intercept Depth: 23.67 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:23.67-26.54
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of massive sulphide zone; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> Massive Sulphide Zone 23.67-26.54 0.87 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-4)

Fay Lake · zinc

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: zinc
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.87 m
- From: 23.67 m
- To: 26.54 m
- Hole Depth: 10 m
- Intercept Depth: 23.67 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:23.67-26.54
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of massive sulphide zone; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> Massive Sulphide Zone 23.67-26.54 0.87 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-5)

Fay Lake · gold

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.87 m
- From: 23.67 m
- To: 26.54 m
- Hole Depth: 10 m
- Intercept Depth: 23.67 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:23.67-26.54
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of massive sulphide zone; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> Massive Sulphide Zone 23.67-26.54 0.87 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-6)

Fay Lake · copper

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: copper
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 1.02 m
- From: 129.55 m
- To: 130.57 m
- Hole Depth: 10 m
- Intercept Depth: 129.55 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:129.55-130.57
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of semi-massive sulphides; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> Semi Massive Sulphides 129.55-130.57 1.02 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-7)

Fay Lake · zinc

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: zinc
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 1.02 m
- From: 129.55 m
- To: 130.57 m
- Hole Depth: 10 m
- Intercept Depth: 129.55 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:129.55-130.57
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of semi-massive sulphides; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> Semi Massive Sulphides 129.55-130.57 1.02 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-8)

Fay Lake · gold

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 1.02 m
- From: 129.55 m
- To: 130.57 m
- Hole Depth: 10 m
- Intercept Depth: 129.55 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:129.55-130.57
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of semi-massive sulphides; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> Semi Massive Sulphides 129.55-130.57 1.02 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-9)

Fay Lake · copper

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: copper
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 10.05 m
- From: 131.92 m
- To: 141.97 m
- Hole Depth: 10 m
- Intercept Depth: 131.92 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:131.92-141.97
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Major visual intersection of the main Redwin massive sulphide zone; grades pending.

- Positive factor: Significant 10m intersection in Redwin massive sulphide horizon

- Negative factor: assays pending

- Negative factor: true width is only 55-60% of core length

Evidence · text

> Redwin Massive Sulphide Horizon 131.92-141.97 10.05 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-10)

Fay Lake · zinc

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: zinc
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 10.05 m
- From: 131.92 m
- To: 141.97 m
- Hole Depth: 10 m
- Intercept Depth: 131.92 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:131.92-141.97
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Major visual intersection of the main Redwin massive sulphide zone; grades pending.

- Positive factor: Significant 10m intersection in Redwin massive sulphide horizon

- Negative factor: assays pending

- Negative factor: true width is only 55-60% of core length

Evidence · text

> Redwin Massive Sulphide Horizon 131.92-141.97 10.05 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-01

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-11)

Fay Lake · gold

#### Identity

- Hole ID: FA-26-01
- Project: Fay Lake
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 10.05 m
- From: 131.92 m
- To: 141.97 m
- Hole Depth: 10 m
- Intercept Depth: 131.92 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-01:131.92-141.97
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Major visual intersection of the main Redwin massive sulphide zone; grades pending.

- Positive factor: Significant 10m intersection in Redwin massive sulphide horizon

- Negative factor: assays pending

- Negative factor: true width is only 55-60% of core length

Evidence · text

> Redwin Massive Sulphide Horizon 131.92-141.97 10.05 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-03

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-12)

Fay Lake · copper

#### Identity

- Hole ID: FA-26-03
- Project: Fay Lake
- Commodity: copper
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.8 m
- From: 140.48 m
- To: 141.28 m
- Hole Depth: 10 m
- Intercept Depth: 140.48 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-03:140.48-141.28
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of massive/semi-massive sulphides; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> FA-26-03 Massive Sulphides and Semi Massive Sulphides 140.48-141.28 0.80 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-03

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-13)

Fay Lake · zinc

#### Identity

- Hole ID: FA-26-03
- Project: Fay Lake
- Commodity: zinc
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.8 m
- From: 140.48 m
- To: 141.28 m
- Hole Depth: 10 m
- Intercept Depth: 140.48 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-03:140.48-141.28
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of massive/semi-massive sulphides; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> FA-26-03 Massive Sulphides and Semi Massive Sulphides 140.48-141.28 0.80 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

### FA-26-03

[Link to this fact](https://atlas-staging.minestarters.com/news/massive-sulphides-at-fay-lake--b6ccaced-cfae-460b-8b7d-6ba39527f416#fact-drill-facts-14)

Fay Lake · gold

#### Identity

- Hole ID: FA-26-03
- Project: Fay Lake
- Commodity: gold
- Region: canada\_mb
- Reported Region: canada\_mb
- Ticker: BGLD

#### Geometry

- Intercept: 0.8 m
- From: 140.48 m
- To: 141.28 m
- Hole Depth: 10 m
- Intercept Depth: 140.48 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: FA-26-03:140.48-141.28
- Mining Method: open\_pit

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: SRC laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: Visual intersection of massive/semi-massive sulphides; grades not yet reported.

- Negative factor: assays pending

Evidence · text

> FA-26-03 Massive Sulphides and Semi Massive Sulphides 140.48-141.28 0.80 pending pending pending

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**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

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The property is contiguous with and positioned between Hudbay Mineral’s gold rich Vamp Lake Copper/Zinc volcanic massive"

## 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.
