Miranda Gold Announces Exploration Results from Pavo Real

Original announcement by tmx on

Company
Miranda Gold Corp.
Ticker
MAD
Exchange
TSX
Region
Colombia
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Drill results, Other
Extracted
2026-08-24 03:07:00 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Miranda Gold has identified four new anomalous areas at the Pavo Real project in Colombia through mapping and surface sampling. Results include high-grade gold assays up to 45.7 g/t and evidence of a copper-gold skarn system, with a major drill program planned following an upcoming IPO.

Reasoning: The release reports significant high-grade surface anomalies across four new areas, including a skarn system and disseminated gold targets, supported by a QP sign-off.

Positive factors

  • High grade rock chip assays (up to 45.7 g/t Au)
  • Identification of four new anomalous areas
  • Evidence of copper-gold skarn mineralization
  • QA/QC disclosed with QP sign-off

Negative factors

  • Results are based on surface sampling (rock chip/channel) rather than drilling
  • Presence of illegal miners in target areas previously restricted access

Facts used in scoring: 6

Classification and evidence

QA/QC Disclosedpositive

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

Why it applies: The data was 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 President & CEO Ken Cunningham, PG, MSc. Geology and Qualified Person as defined by National Instrument 43-101.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Identification of four new areas of mineralization to the northeast and center of the project.

Evidence · text

“identified four new areas that show copper-gold skarn mineralization”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

Fact 1goldGrade: 26.6Grade Unit: g Au/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
MAD

Geometry

Grade
26.6
Grade Unit
g Au/t

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: 26.6 g/t Au is a strong high-grade surface intercept.

Positive factors

  • High grade intercept

Negative factors

  • Surface sampling only

Evidence · text

“five rock chip samples yielded assays between 0.11 g Au/t and 26.6 g Au/t”
Fact 2copperGrade: 13Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
MAD

Geometry

Grade
13
Grade Unit
%

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: 13% Cu is an exceptional high-grade surface value.

Positive factors

  • High grade copper

Negative factors

  • Surface sampling only

Evidence · text

“copper values ranged from 0.43% to 13%”
Fact 3goldGrade: 37.2Grade Unit: g Au/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
MAD

Geometry

Grade
37.2
Grade Unit
g Au/t

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: 37.2 g/t Au is a strong high-grade surface intercept.

Positive factors

  • High grade intercept

Negative factors

  • Surface sampling only

Evidence · text

“29 rock samples returned gold assays ranging from 0.01 g Au/t to 37.2 g Au/t”
Fact 4goldGrade: 45.7Grade Unit: g Au/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
MAD

Geometry

Grade
45.7
Grade Unit
g Au/t

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: 45.7 g/t Au is an exceptional high-grade surface intercept.

Positive factors

  • Bonanza grade intercept

Negative factors

  • Surface sampling only

Evidence · text

“Assays vary from below detection levels to a high of 45.7 g Au/t”
Fact 5goldGrade: 1.29Grade Unit: g Au/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
MAD

Geometry

Grade
1.29
Grade Unit
g Au/t

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: 1.29 g/t Au is a moderate grade for a large area average.

Positive factors

  • Anomalous grade

Evidence · text

“average 1.29 g Au/t”
Fact 6goldGrade: 9.8Grade Unit: g Au/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
MAD

Geometry

Grade
9.8
Grade Unit
g Au/t

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2011-02-14T00:00:00.000Z

Reasoning: 9.8 g/t Au is a strong high-grade surface intercept.

Positive factors

  • Strong grade intercept

Evidence · text

“38 rock samples range from below detection limits to 9.80 g Au/t”

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.