# MHC: Hook Lake Exploration Outlines District Scale Opportunity

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154985

Publisher: asx

Original announcement: 2026-10-20T21:56:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-20T22:29:50.025Z

Atlas analysis updated: 2026-10-20T22:29:50.025Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Significant high-grade gold intercepts at Jaws target

- Positive factor: Expansion of gold footprint and strike length

- Positive factor: Discovery of high-grade polymetallic VMS at Spectre

- Positive factor: Successful maiden drilling campaign exceeding planned metres

- Negative factor: Apparent width bias noted for some Jaws holes due to down-dip drilling

- Negative factor: Assays pending for 5 drillholes and till samples

Facts used in scoring: 21

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Definition: 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)

### JWS26006b

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-0)

Hook Lake · gold

#### 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 factor: 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26006b

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-1)

Hook Lake · gold

#### 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 factor: Bonanza grade sub-interval

Evidence · text

> 7.62m @ 18.67g/t Au

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26009

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-2)

Hook Lake · gold

#### 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 factor: Significant width

Evidence · text

> 74.67m @ 1.61g/t Au from 21.34m

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26009

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-3)

Hook Lake · gold

#### 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 factor: High-grade sub-interval

Evidence · text

> including 15.24m @ 5.35g/t Au

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26008

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-4)

Hook Lake · gold

#### 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 factor: Depth extension

Evidence · text

> 51.82m @ 1.88g/t Au from 47.24m

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26008

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-5)

Hook Lake · gold

#### 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 factor: High-grade sub-interval

Evidence · text

> including 7.62m @ 7.05g/t Au

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26012

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-6)

Hook Lake · gold

#### 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 factor: Step-out extension

Evidence · text

> 21.34m @ 1.72g/t Au from 32.0m

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### JWS26012

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-7)

Hook Lake · gold

#### 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 factor: High-grade sub-interval

Evidence · text

> including 4.57m @ 4.89g/t Au

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-8)

Hook Lake · copper

#### 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 factor: High-grade base metal

Evidence · text

> 19.81m @ 1.77% Cu

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-9)

Hook Lake · gold

#### 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-10)

Hook Lake · silver

#### 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-11)

Hook Lake · zinc

#### 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### SPC26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-12)

Hook Lake · zinc

#### 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 factor: Exceptional zinc grade

Evidence · text

> 3.05m @ 29.50% Zn from 12.19m

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### QTM26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-13)

Hook Lake · gold

#### 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### QTM26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-14)

Hook Lake · silver

#### 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### LTS26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-15)

Hook Lake · gold

#### 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 factor: 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### LTS26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-16)

Hook Lake · silver

#### 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 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### QTM26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-17)

Hook Lake · gold

#### 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 factor: 3.08 g/t gold is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 3.08

Context: Including

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### QTM26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-18)

Hook Lake · silver

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 34.10

Context: Including

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### QTM26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-19)

Hook Lake · gold

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.23

Context: QTM26001

#### 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: "• Geochemical anomalies are present along strike of the Turquetil Gold deposit to the northeast and southwest."

### QTM26001

[Link to this fact](https://atlas-staging.minestarters.com/news/mhc-hook-lake-exploration-outlines-district-scale-opportunity--7ce94c84-c064-42a1-8715-c417d8c12e32#fact-drill-facts-20)

Hook Lake · silver

#### 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 factor: 0.25 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.25

Context: QTM26001

#### 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: "• 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.