# Miranda Gold and Navaho Gold Sign Definitive Exploration Funding Agreement for Taz Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/miranda-gold-and-navaho-gold-sign-definitive-exploration-funding-agreement-for-t--201a5075-06df-4fba-81db-3712319341a5

Original source: https://money.tmx.com/en/quote/NUG/news/36655989/miranda-gold-and-navaho-gold-sign-definitive-exploration-funding-agreement-for-t

Publisher: tmx

Original announcement: 2011-02-17T14:32:56.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Miranda Gold Corp.

- Ticker: MAD

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Arsenic, Antimony, Mercury

- Document categories: Agreement transaction, Drill results

- Extracted: 2026-08-24 03:04:37 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Miranda Gold Corp. has signed a definitive exploration funding agreement with Navaho Gold LLC for the Taz gold project in Nevada. The agreement includes an initial $3,000,000 exploration commitment and an option for Navaho to earn a 75% interest in the project.

Reasoning: The announcement secures $3M in exploration funding for the Taz project via a JV agreement, though the drill results included are historical restatements.

- Positive factor: Definitive exploration funding agreement signed

- Positive factor: Significant exploration expenditure commitment \($3M initial\)

- Positive factor: Option for 75% JV interest

- Positive factor: QP sign-off provided

- Negative factor: Historical drill results restated rather than new assays

- Negative factor: Presence of deleterious elements \(arsenic, antimony, mercury\) noted in geochemistry

Facts used in scoring: 2

## 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 states data has been reviewed and verified by a Qualified Person \(QP\) as defined by NI 43-101.

Evidence · text

> The data disclosed in this press release have been reviewed and verified by... Qualified Person as defined by National Instrument 43-101.

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Elevated Carlin-style geochemistry including arsenic, antimony, and mercury was reported.

Evidence · text

> elevated Carlin-style geochemistry \(1600 ppm arsenic, 185 ppm antimony and 9.6 ppm mercury\)

## 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.