NevGold Defines Multiple High-Priority Drill Targets Including Key Feeder Structures at Nutmeg Mountain Gold Project, Idaho
Original announcement by orestocks on
- Company
- NevGold Corp.
- Ticker
- NAU.V
- Exchange
- Unavailable
- Region
- Idaho
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Other
- Extracted
- 2026-09-29 12:58:27 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
NevGold Corp. has identified nine new high-priority drill targets, including three potential high-grade feeder structures, at its Nutmeg Mountain Gold Project in Idaho, based on recent gravity and CSAMT geophysical surveys. These targets extend beyond the current 2025 MRE, which includes 1.19 Moz Indicated and 548 koz Inferred gold resources, and are aimed at both near-surface resource expansion and high-grade discovery at depth. The company plans to prioritize drilling these targets in the next 3-6 months to advance the project towards a Preliminary Economic Assessment in 2027.
Reasoning: NevGold has successfully utilized new geophysical data to define promising, untested drill targets, including potential high-grade feeder structures, at its Nutmeg Mountain Gold Project, which could significantly expand its existing gold resource.
Positive factors
- New high-priority drill targets identified, including potential high-grade feeder structures.
- Targets extend beyond current MRE boundaries and historical drilling depths, indicating potential for significant new discoveries.
- Geophysical surveys (CSAMT and gravity) provide a robust basis for target generation.
- Company plans to aggressively drill these targets in the next 3-6 months, demonstrating commitment to advancing the project.
- Existing significant gold resource (1.19 Moz Indicated, 548 koz Inferred) provides a strong project foundation.
Negative factors
- No new drill results are reported in this announcement; targets are currently untested.
- The Mineral Resource Estimate is from 2025 and is being re-stated for context, not as a new update.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 16
Classification and evidence
Step-Out Extensionpositive · Story-specific tag
Mineralization extended beyond the previously known limit.
Why it applies: The identified feeder targets extend 'well beyond the current MRE boundaries' and 'laterally onto untested ground', indicating potential for mineralization extension.
Evidence · text
“three potential high-grade feeder targets extending well beyond the current MRE boundaries”
Exploration Targetpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The document's primary focus is on defining new drill targets based on geophysical surveys for future exploration.
Evidence · text
“NevGold Defines Multiple High-Priority Drill Targets Including Key Feeder Structures at Nutmeg Mountain Gold Project, Idaho”
Geophysical Surveyneutral · Story-specific tag
No canonical definition is currently available.
Why it applies: The identification of drill targets is based on the results of gravity and CSAMT geophysical surveys.
Evidence · text
“results of gravity and CSAMT geophysical surveys completed at its 100% owned, oxide, heap-leachable, resource-stage Nutmeg Mountain Gold Project”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document provides details of the 2025 Mineral Resource Estimate as context for the new exploration targets.
Evidence · text
“2025 Mineral Resource Estimate (“MRE”) of 1.19 Mozs of Indicated Resources at 0.50 g/t Au (74.2 Mt) and 548 kozs of Inferred Resources at 0.34 g/t Au”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The Mineral Resource Statement was prepared in accordance with NI 43-101.
Evidence · text
“All mineral resources have been estimated in accordance with Canadian Institute of Mining, Metallurgy and Petroleum definitions, as required under National Instrument 43-101 (“NI 43-101”).”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The Mineral Resource Statement was prepared by Greg Mosher, P. Geo, and reviewed/approved by Nick Rizopoulos, P.Geo and Greg French, CPG, all 'Qualified Persons' under NI 43-101.
Evidence · text
“The Mineral Resource Statement was prepared by Greg Mosher, P. Geo (Global Mineral Resource Services, “GMRS”) in accordance with NI 43-101. ... Nick Rizopoulos, P.Geo, the Company’s Chief Geologist and Greg French, CPG, the Company’s Vice President, Exploration, each a “Qualified Person” under NI 43-101 have reviewed and approved the scientific and technical information contained in this news release.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The resource estimate table clearly states the cut-off grades used for each classification.
Evidence · table
“0.20”
Context: 74,205,000
Extracted facts
Stored fact records: 16. Some facts used in scoring do not have a stored record.
Resource Estimates (16)
indicatedNutmeg Mountain · goldTonnes: 5433000Grade: 1.31Grade Unit: g/tContained Metal: 230000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:317f0fbd3b9c67417064
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 5433000
- Grade
- 1.31
- Grade Unit
- g/t
- Contained Metal
- 230000
- Contained Unit
- oz
- Cutoff Grade
- 1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 1.00 g/t Au cut-off provides a high-confidence portion of the overall resource, supporting future economic studies.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“1.31”
Context: 5,433,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 610000Grade: 1.38Grade Unit: g/tContained Metal: 27000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:48663c93ade442bb4b41
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 610000
- Grade
- 1.38
- Grade Unit
- g/t
- Contained Metal
- 27000
- Contained Unit
- oz
- Cutoff Grade
- 1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 1.00 g/t Au cut-off represents a smaller, lower-confidence portion of the overall resource, requiring further drilling for upgrade.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“1.38”
Context: 610,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 10061000Grade: 1.12Grade Unit: g/tContained Metal: 362000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:7c80c9a339be82e7c565
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10061000
- Grade
- 1.12
- Grade Unit
- g/t
- Contained Metal
- 362000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.80 g/t Au cut-off contributes significantly to the overall high-confidence resource base.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“1.12”
Context: 10,061,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 1297000Grade: 1.12Grade Unit: g/tContained Metal: 47000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:9770c9157273880e197d
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1297000
- Grade
- 1.12
- Grade Unit
- g/t
- Contained Metal
- 47000
- Contained Unit
- oz
- Cutoff Grade
- 0.8
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.80 g/t Au cut-off adds to the overall resource but requires further work to improve confidence.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“1.12”
Context: 1,297,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 19025000Grade: 0.92Grade Unit: g/tContained Metal: 560000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:9457652e6ec9b0671a99
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 19025000
- Grade
- 0.92
- Grade Unit
- g/t
- Contained Metal
- 560000
- Contained Unit
- oz
- Cutoff Grade
- 0.6
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.60 g/t Au cut-off represents a substantial portion of the high-confidence resource base.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“0.92”
Context: 19,025,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 3025000Grade: 0.87Grade Unit: g/tContained Metal: 85000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:8d73ab0db754ec1a3f37
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3025000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 85000
- Contained Unit
- oz
- Cutoff Grade
- 0.6
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.60 g/t Au cut-off contributes to the overall resource but requires further work to improve confidence.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“0.87”
Context: 3,025,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 26353000Grade: 0.81Grade Unit: g/tContained Metal: 688000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:cc2de0b618ea76e0a975
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 26353000
- Grade
- 0.81
- Grade Unit
- g/t
- Contained Metal
- 688000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.50 g/t Au cut-off represents a significant portion of the high-confidence resource base, forming a key part of the project's value.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“0.81”
Context: 26,353,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 5711000Grade: 0.72Grade Unit: g/tContained Metal: 132000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:dbfb91fc0164449ff519
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5711000
- Grade
- 0.72
- Grade Unit
- g/t
- Contained Metal
- 132000
- Contained Unit
- oz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.50 g/t Au cut-off adds to the overall resource but requires further work to improve confidence.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“0.72”
Context: 5,711,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 37167000Grade: 0.71Grade Unit: g/tContained Metal: 844000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:1e687a8a422fb8f198cf
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 37167000
- Grade
- 0.71
- Grade Unit
- g/t
- Contained Metal
- 844000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.40 g/t Au cut-off represents a very substantial portion of the high-confidence resource base, crucial for project economics.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“0.71”
Context: 37,167,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 10496000Grade: 0.59Grade Unit: g/tContained Metal: 199000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:2bbbdd59ffb4916287ad
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 10496000
- Grade
- 0.59
- Grade Unit
- g/t
- Contained Metal
- 199000
- Contained Unit
- oz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.40 g/t Au cut-off adds to the overall resource but requires further work to improve confidence.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“0.59”
Context: 10,496,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 52556000Grade: 0.6Grade Unit: g/tContained Metal: 1014000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:b2f3bce2bcfd50fe8292
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 52556000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 1014000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.30 g/t Au cut-off represents a very large, high-confidence portion of the resource, critical for project viability.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“0.60”
Context: 52,556,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 22458000Grade: 0.46Grade Unit: g/tContained Metal: 332000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:816694afe3c110952614
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 22458000
- Grade
- 0.46
- Grade Unit
- g/t
- Contained Metal
- 332000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.30 g/t Au cut-off adds a substantial amount of gold to the overall resource but requires further work to improve confidence.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“0.46”
Context: 22,458,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 74205000Grade: 0.5Grade Unit: g/tContained Metal: 1186000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:c1404b52bddc8845a654
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 74205000
- Grade
- 0.5
- Grade Unit
- g/t
- Contained Metal
- 1186000
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.20 g/t Au cut-off is the most material part of the MRE, providing a large, high-confidence gold inventory for the project.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
- Represents the largest and most material portion of the Indicated resource.
Negative factors
- Estimate is from 2025, not new information.
Evidence · table
“0.50”
Context: 74,205,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 49749000Grade: 0.34Grade Unit: g/tContained Metal: 548000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:79e750e226ded580568f
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 49749000
- Grade
- 0.34
- Grade Unit
- g/t
- Contained Metal
- 548000
- Contained Unit
- oz
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.20 g/t Au cut-off adds a substantial amount of gold to the overall resource but requires further work to improve confidence and can't be used for economic studies alone.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
Evidence · table
“0.34”
Context: 49,749,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedNutmeg Mountain · goldTonnes: 95465000Grade: 0.42Grade Unit: g/tContained Metal: 1294000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:8a504f015ffa57404873
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 95465000
- Grade
- 0.42
- Grade Unit
- g/t
- Contained Metal
- 1294000
- Contained Unit
- oz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Indicated resource at a 0.10 g/t Au cut-off represents the largest tonnage and contained metal for the Indicated category, providing significant long-term potential.
Positive factors
- Resource is Indicated category, showing good geological confidence.
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Estimate is from 2025, not new information.
- Lower cut-off grade may include more marginal material.
Evidence · table
“0.42”
Context: 95,465,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredNutmeg Mountain · goldTonnes: 87406000Grade: 0.26Grade Unit: g/tContained Metal: 732000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nutmeg Mountain
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- NAU.V
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Greg Mosher, Nick Rizopoulos, Greg French
- Resource group id
- resource:673e16c3afeac561ef30
- Mining method
- open_pit
- Material type
- oxide
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 87406000
- Grade
- 0.26
- Grade Unit
- g/t
- Contained Metal
- 732000
- Contained Unit
- oz
- Cutoff Grade
- 0.1
- Cutoff Unit
- g/t
Prior Estimate
- Resource Date
- 2025-08-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This Inferred resource at a 0.10 g/t Au cut-off adds a very large amount of gold to the overall resource but requires significant further work to improve confidence and convert to higher categories.
Positive factors
- QP/CP signed off on the estimate.
- Cut-off grade is disclosed.
- Estimate is NI 43-101 compliant.
Negative factors
- Resource is Inferred category, indicating lower geological confidence.
- Estimate is from 2025, not new information.
- Lower cut-off grade may include more marginal material.
Evidence · table
“0.26”
Context: 87,406,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
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.