# Minnova Corp. Announces PL Gold Mine Restart Plans for 2025 and Updated Feasibility Study in 2026

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/minnova-corp-announces-pl-gold-mine-restart-plans-for-2025-and-updated-feasibili--78cc7564-28e1-4889-aae7-98b8240bcfa7

Original source: https://money.tmx.com/en/quote/MCI/news/8652349645351726/minnova-corp-announces-pl-gold-mine-restart-plans-for-2025-and-updated-feasibili

Publisher: tmx

Original announcement: 2025-04-29T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Minnova Corp.

- Ticker: MCI

- Exchange: TSX

- Region: Manitoba

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Other, Drill results

- Extracted: 2026-08-21 23:00:30 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Minnova Corp. has announced restart plans for its PL Gold Mine for 2025 and 2026, aiming to optimize the mine plan for current gold prices exceeding US$3,000/oz. The program includes resource expansion drilling, metallurgical testing, and an updated feasibility study planned for 2026.

Reasoning: The announcement outlines a strategic restart plan for the PL Gold Mine, leveraging high current gold prices and existing infrastructure, though the specific drill results mentioned are historical.

- Positive factor: Restart plans for advanced development stage project

- Positive factor: Significant gold price increase vs 2018 study \(US$3,000/oz vs US$1,250/oz\)

- Positive factor: Existing infrastructure including 1,000 tpd plant and underground ramp

- Negative factor: Historical drill results used as context are from 2011/2012

Facts used in scoring: 6

## 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: The release mentions a Qualified Person \(Mr. Chris Buchanan\) has reviewed and approved the technical information.

Evidence · text

> Qualified Person Mr. Chris Buchanan... has reviewed and approved the scientific and technical information

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The historical Nokomis results include intercepts of 125.08 g/t and 1,830 g/t gold.

Evidence · text

> returned impressive high grade gold mineralization including 1 ; 125.08 g/t

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## 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.