MHC: Hook Lake Exploration Outlines District Scale Opportunity

Original announcement by asx on

Company
Manhattan Gold Corporation Limited
Ticker
MHC
Exchange
ASX
Region
Nunavut, Canada
Primary commodity
Gold
Secondary commodities
Copper, Silver, Zinc
Document categories
Drill results, Other
Extracted
2026-10-20 22:29:50 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Manhattan Gold has completed its maiden 4,592m RC drilling campaign at the Hook Lake Project, reporting significant high-grade gold at the Jaws target and polymetallic massive sulphides at Spectre. The results include a 41.15m @ 4.66g/t Au intercept at Jaws and high-grade Cu-Zn-Ag-Au intercepts at Spectre, expanding the project's district-scale potential.

Reasoning: The release reports significant high-grade gold intercepts that extend the known footprint and strike at Jaws, alongside new polymetallic results at Spectre.

Positive factors

  • Significant high-grade gold intercepts at Jaws target
  • Expansion of gold footprint and strike length
  • Discovery of high-grade polymetallic VMS at Spectre
  • Successful maiden drilling campaign exceeding planned metres

Negative factors

  • Apparent width bias noted for some Jaws holes due to down-dip drilling
  • Assays pending for 5 drillholes and till samples

Facts used in scoring: 21

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: JWS26012 provided a 275m step-out within the mineralised zone.

Evidence · text

“providing a major 275m step-out within the mineralised zone”

QA/QC Disclosedpositive

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

Why it applies: Release details sampling techniques, laboratory (ALS), and QA/QC protocols in Appendix A.

Evidence · text

“Samples analysed by ALS Laboratories. ... Quality control samples are inserted into the sample stream at a rate of 10%”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: JWS26001 and JWS26008 were purposefully drilled within historic drillholes to validate data.

Evidence · text

“JWS26001 and JWS26008 were purposefully drilled within the historic drillholes”

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Drill Results (21)

JWS26006bHook Lake · goldGrade: 4.66Grade Unit: g/tIntercept: 41.15 mView all details
Link to this fact

Identity

Hole ID
JWS26006b
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
4.66
Grade Unit
g/t
Intercept
41.15 m
From
83.82 m
To
124.97 m
Intercept Depth
83.82 m

Classification

Sample Type
drill
Group ID
JWS26006b:83.82-124.97

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Strong gold grade over a significant width.

Positive factors

  • High-grade intercept

Evidence · text

“41.15m @ 4.66g/t Au, including 7.62m @ 18.67g/t Au (JWS26006b)”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26006bHook Lake · goldGrade: 18.67Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
JWS26006b
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
18.67
Grade Unit
g/t
Intercept
7.62 m

Classification

Sample Type
drill
Group ID
JWS26006b:83.82-124.97

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Very high grade sub-interval within a strong intercept.

Positive factors

  • Bonanza grade sub-interval

Evidence · text

“7.62m @ 18.67g/t 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26009Hook Lake · goldGrade: 1.61Grade Unit: g/tIntercept: 74.67 mView all details
Link to this fact

Identity

Hole ID
JWS26009
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
1.61
Grade Unit
g/t
Intercept
74.67 m
From
21.34 m
To
96.01 m
Intercept Depth
21.34 m

Classification

Sample Type
drill
Group ID
JWS26009:21.34-96.01

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Wide intercept confirming continuity of high-grade system.

Positive factors

  • Significant width

Evidence · text

“74.67m @ 1.61g/t Au from 21.34m”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26009Hook Lake · goldGrade: 5.35Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
JWS26009
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
5.35
Grade Unit
g/t
Intercept
15.24 m
From
35.05 m
To
50.29 m
Intercept Depth
35.05 m

Classification

Sample Type
drill
Group ID
JWS26009:35.05-50.29

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Strong grade within a wide intercept.

Positive factors

  • High-grade sub-interval

Evidence · text

“including 15.24m @ 5.35g/t 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26008Hook Lake · goldGrade: 1.88Grade Unit: g/tIntercept: 51.82 mView all details
Link to this fact

Identity

Hole ID
JWS26008
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
1.88
Grade Unit
g/t
Intercept
51.82 m
From
47.24 m
To
99.06 m
Intercept Depth
47.24 m

Classification

Sample Type
drill
Group ID
JWS26008:47.24-99.06

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Confirms gold at depth below historic drilling.

Positive factors

  • Depth extension

Evidence · text

“51.82m @ 1.88g/t Au from 47.24m”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26008Hook Lake · goldGrade: 7.05Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
JWS26008
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
7.05
Grade Unit
g/t
Intercept
7.62 m

Classification

Sample Type
drill
Group ID
JWS26008:47.24-99.06

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: High grade sub-interval.

Positive factors

  • High-grade sub-interval

Evidence · text

“including 7.62m @ 7.05g/t 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26012Hook Lake · goldGrade: 1.72Grade Unit: g/tIntercept: 21.34 mView all details
Link to this fact

Identity

Hole ID
JWS26012
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
1.72
Grade Unit
g/t
Intercept
21.34 m
From
32 m
To
53.34 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
JWS26012:32-53.34

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Significant 275m step-out within the mineralised zone.

Positive factors

  • Step-out extension

Evidence · text

“21.34m @ 1.72g/t Au from 32.0m”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

JWS26012Hook Lake · goldGrade: 4.89Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
JWS26012
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
4.89
Grade Unit
g/t
Intercept
4.57 m

Classification

Sample Type
drill
Group ID
JWS26012:32.0-53.34

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: High grade sub-interval.

Positive factors

  • High-grade sub-interval

Evidence · text

“including 4.57m @ 4.89g/t 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

SPC26001Hook Lake · copperGrade: 1.77Grade Unit: %Intercept: 19.81 mView all details
Link to this fact

Identity

Hole ID
SPC26001
Project
Hook Lake
Commodity
copper
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
1.77
Grade Unit
%
Intercept
19.81 m
From
42.67 m
To
62.48 m
Intercept Depth
42.67 m

Classification

Sample Type
drill
Group ID
SPC26001:42.67-62.48

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Strong copper intercept in massive sulphides.

Positive factors

  • High-grade base metal

Evidence · text

“19.81m @ 1.77% Cu”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

SPC26001Hook Lake · goldGrade: 0.8Grade Unit: g/tIntercept: 19.81 mView all details
Link to this fact

Identity

Hole ID
SPC26001
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
19.81 m
From
42.67 m
To
62.48 m
Intercept Depth
42.67 m

Classification

Sample Type
drill
Group ID
SPC26001:42.67-62.48

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Gold byproduct in copper intercept.

Evidence · text

“0.80g/t 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

SPC26001Hook Lake · silverGrade: 84.3Grade Unit: g/tIntercept: 19.81 mView all details
Link to this fact

Identity

Hole ID
SPC26001
Project
Hook Lake
Commodity
silver
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
84.3
Grade Unit
g/t
Intercept
19.81 m
From
42.67 m
To
62.48 m
Intercept Depth
42.67 m

Classification

Sample Type
drill
Group ID
SPC26001:42.67-62.48

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Silver byproduct in copper intercept.

Evidence · text

“84.3g/t 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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

SPC26001Hook Lake · zincGrade: 2.3Grade Unit: %Intercept: 19.81 mView all details
Link to this fact

Identity

Hole ID
SPC26001
Project
Hook Lake
Commodity
zinc
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
2.3
Grade Unit
%
Intercept
19.81 m
From
42.67 m
To
62.48 m
Intercept Depth
42.67 m

Classification

Sample Type
drill
Group ID
SPC26001:42.67-62.48

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Zinc byproduct in copper intercept.

Evidence · text

“2.30% Zn”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

SPC26001Hook Lake · zincGrade: 29.5Grade Unit: %Intercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
SPC26001
Project
Hook Lake
Commodity
zinc
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
29.5
Grade Unit
%
Intercept
3.05 m
From
12.19 m
To
15.24 m
Intercept Depth
12.19 m

Classification

Sample Type
drill
Group ID
SPC26001:12.19-15.24

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Very high grade zinc upper zone.

Positive factors

  • Exceptional zinc grade

Evidence · text

“3.05m @ 29.50% Zn from 12.19m”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

QTM26001Hook Lake · goldGrade: 1.69Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
QTM26001
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
1.69
Grade Unit
g/t
Intercept
3.05 m
From
10.67 m
To
13.72 m
Intercept Depth
10.67 m

Classification

Sample Type
drill
Group ID
QTM26001:10.67-13.72

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: First drill test at Quantum target.

Evidence · text

“3.05m @ 1.69g/t Au and 18.2g/t Ag from 10.67m QTM26001”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

QTM26001Hook Lake · silverGrade: 18.2Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
QTM26001
Project
Hook Lake
Commodity
silver
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
18.2
Grade Unit
g/t
Intercept
3.05 m
From
10.67 m
To
13.72 m
Intercept Depth
10.67 m

Classification

Sample Type
drill
Group ID
QTM26001:10.67-13.72

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Silver byproduct in Quantum target.

Evidence · text

“18.2g/t Ag from 10.67m QTM26001”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

LTS26001Hook Lake · goldGrade: 0.12Grade Unit: g/tIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
LTS26001
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
0.12
Grade Unit
g/t
Intercept
1.53 m
From
134.1 m
To
135.6 m
Intercept Depth
134.1 m

Classification

Sample Type
drill
Group ID
LTS26001:134.1-135.6

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Narrow, low-grade interval at Lotus target.

Negative factors

  • Low grade

Evidence · text

“1.53m @ 0.12g/t Au and 23.8g/t Ag from 134.10m LTS26001”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

LTS26001Hook Lake · silverGrade: 23.8Grade Unit: g/tIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
LTS26001
Project
Hook Lake
Commodity
silver
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
23.8
Grade Unit
g/t
Intercept
1.53 m
From
134.1 m
To
135.6 m
Intercept Depth
134.1 m

Classification

Sample Type
drill
Group ID
LTS26001:134.1-135.6

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Silver byproduct in low-grade gold interval.

Evidence · text

“23.8g/t Ag from 134.10m LTS26001”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

QTM26001Hook Lake · goldGrade: 3.08Grade Unit: g/tIntercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
QTM26001
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
3.08
Grade Unit
g/t
Intercept
1.52 m
From
10.67 m
To
12.19 m
Intercept Depth
10.67 m

Classification

Sample Type
drill
Group ID
QTM26001:10.67-12.19

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Expanded from assay table. 3.08 g/t gold is strong against the default band [5, 2, 1, 0.3] g/t. Grade×width 4.7 g/t·m is below (grade alone is strong; the better of the two is used).

Positive factors

  • 3.08 g/t gold is strong on the default band.

Negative factors

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

Evidence · table

“3.08”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

QTM26001Hook Lake · silverGrade: 34.1Grade Unit: g/tIntercept: 1.52 mView all details
Link to this fact

Identity

Hole ID
QTM26001
Project
Hook Lake
Commodity
silver
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
34.1
Grade Unit
g/t
Intercept
1.52 m
From
10.67 m
To
12.19 m
Intercept Depth
10.67 m

Classification

Sample Type
drill
Group ID
QTM26001:10.67-12.19

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Expanded from assay table. 34.1 g/t silver is weak against the default band [500, 200, 100, 30] g/t. Grade×width 51.8 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

“34.10”

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

QTM26001Hook Lake · goldGrade: 1.23Grade Unit: g/tIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
QTM26001
Project
Hook Lake
Commodity
gold
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
1.53 m
From
32 m
To
33.53 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
QTM26001:32-33.53

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Expanded from assay table. 1.23 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 1.9 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

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

Evidence · table

“1.23”

Context: QTM26001

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

QTM26001Hook Lake · silverGrade: 0.25Grade Unit: g/tIntercept: 1.53 mView all details
Link to this fact

Identity

Hole ID
QTM26001
Project
Hook Lake
Commodity
silver
Region
canada_nu
Reported Region
canada_nu
Ticker
MHC

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
1.53 m
From
32 m
To
33.53 m
Intercept Depth
32 m

Classification

Sample Type
drill
Group ID
QTM26001:32-33.53

Location

Location
Upper Zone
CRS
NAD83 UTM Zone 15N
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Dilution Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-20T00:00:00.000Z

Reasoning: Expanded from assay table. 0.25 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 0.4 g/t·m is below.

Negative factors

  • 0.25 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

“0.25”

Context: QTM26001

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

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

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.