New Destiny Mining Drilling Update Hole 8 at the Jim Kelly Gold Zone - Treasure Mountain Silver Project, Hope BC
Original announcement by tmx on
- Company
- New Destiny Mining Corp.
- Ticker
- NED
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper
- Document categories
- Drill results
- Extracted
- 2026-08-21 09:29:16 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Destiny Mining reported drill results from hole TMN24-08 at the Treasure Mountain project, which intersected a 12.96m silicified zone and a 2.7m sulfide-rich zone. While the hole demonstrates structural extension of the Jim Kelly gold vein, no specific assay grades were provided in this update.
Reasoning: The drill hole successfully identified a silicified zone extending the known Jim Kelly vein 60m north, but the release lacks actual assay values for the new intercepts.
Positive factors
- extension of known mineralization
- presence of silicified zones and sulfides
Negative factors
- no assay grades reported for new intercepts
Facts used in scoring: 2
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The hole tested the extension of the Jim Kelly vein along strike to the north, extending it 60 meters.
Evidence · text
“extending 60 meters towards the north”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release includes a sign-off from a Qualified Person (Dr. Mathew Ball, P.Geo.).
Evidence · text
“Dr. Mathew Ball, P.Geo., a Qualified Person... approved the technical information”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
TMN24-08Treasure Mountain · goldIntercept: 12.96 mView all detailsHide details
Identity
- Hole ID
- TMN24-08
- Project
- Treasure Mountain
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Intercept
- 12.96 m
- From
- 70.24 m
- To
- 83.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-10T00:00:00.000Z
Reasoning: Intercept identifies a silicified zone interpreted as an extension of the Jim Kelly vein, but lacks assay data.
Positive factors
- structural extension
Negative factors
- no grade reported
Evidence · text
“intersected a 12.96 meter interval of a highly silicified zone”
TMN24-08Treasure Mountain · copperIntercept: 2.7 mView all detailsHide details
Identity
- Hole ID
- TMN24-08
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Intercept
- 2.7 m
- From
- 66.07 m
- To
- 68.77 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-10T00:00:00.000Z
Reasoning: Intersection of sulfides including chalcopyrite noted, but no assay values provided.
Positive factors
- presence of chalcopyrite
Negative factors
- no grade reported
Evidence · text
“intersected from 66.07 to 68.77 m a zone with disseminated pyrite, pyrrhotite, and chalcopyrite”
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.