New Destiny Mining Discovers New Spokane Vein - Outcrops Sampled 35 Meters Apart 6.6% Copper and 100 G/T Silver Using XRF Spot Analysis
Original announcement by tmx on
- Company
- New Destiny Mining Corp.
- Ticker
- NED
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Copper
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-08-21 09:28:39 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Destiny Mining has discovered the Spokane vein at the Treasure Mountain project, showing high-grade copper and silver via portable XRF analysis. The vein has a potential strike length of 500 meters and samples have been sent for laboratory assaying.
Reasoning: Discovery of a new vein with high-grade copper and silver via XRF, though results require lab assay verification.
Positive factors
- high-grade copper and silver outcrops
- potential 500m strike length
- newly discovered vein
Negative factors
- results are semi-quantitative XRF spot analysis
- not yet laboratory verified
- gold content unknown
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 4
Classification and evidence
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The discovery is located north of the existing Jim Kelly occurrence.
Evidence · text
“Prospecting north if the Jim Kelly occurrence located highly mineralized vein material”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
Fact 1Treasure Mountain · copperGrade: 5.5Grade Unit: wt%View all detailsHide details
Identity
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Grade
- 5.5
- Grade Unit
- wt%
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-03T00:00:00.000Z
Reasoning: High grade copper outcrop identified via XRF.
Positive factors
- high grade copper
Negative factors
- XRF only
- unverified
Fact 2Treasure Mountain · silverGrade: 50Grade Unit: g/tView all detailsHide details
Identity
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Grade
- 50
- Grade Unit
- g/t
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-03T00:00:00.000Z
Reasoning: Silver presence identified via XRF.
Positive factors
- silver presence
Negative factors
- XRF only
- unverified
Fact 3Treasure Mountain · copperGrade: 6.6Grade Unit: wt%View all detailsHide details
Identity
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Grade
- 6.6
- Grade Unit
- wt%
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-03T00:00:00.000Z
Reasoning: High grade copper outcrop identified via XRF.
Positive factors
- high grade copper
Negative factors
- XRF only
- unverified
Fact 4Treasure Mountain · silverGrade: 104Grade Unit: g/tView all detailsHide details
Identity
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Grade
- 104
- Grade Unit
- g/t
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-03T00:00:00.000Z
Reasoning: High grade silver presence identified via XRF.
Positive factors
- high grade silver
Negative factors
- XRF only
- unverified
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.