New Destiny Mining - Drilling Update: Holes TMN24-02 and TMN24-03 at Treasure Mountain Silver Property, Hope BC
Original announcement by tmx on
- Company
- New Destiny Mining Corp.
- Ticker
- NED
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Silver
- Secondary commodities
- Copper
- Document categories
- Drill results
- Extracted
- 2026-08-21 09:35:58 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Destiny Mining provided an update on its 2024 exploration drilling at the Treasure Mountain project in BC. While the company reported new intercepts in holes TMN24-02 and TMN24-03, specific assay grades for these new intervals were not disclosed, only mineralogical descriptions and narrow widths.
Reasoning: The update reports new drilling at the Railroad zone to test depth extension, but the specific assay grades for the new intercepts (TMN24-02 and TMN24-03) are not provided in the text, only mineralogy and widths. The reported widths are extremely narrow (8cm and 10cm).
Positive factors
- testing extension at depth
Negative factors
- no grades reported for new intercepts
- intercepts are very narrow (cm scale)
- historical data not verified
Facts used in scoring: 4
Classification and evidence
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: The release does not mention specific assay protocols, lab certification, or QA/QC methods for the new drilling.
Evidence · text
“Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The reported intercepts are extremely narrow (8cm, 10cm, 24cm) and no true width or orientation is provided.
Evidence · text
“intersected 8 cm of the mineralized zone”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
TMN24-02Treasure Mountain · copperIntercept: 0.08 mView all detailsHide details
Identity
- Hole ID
- TMN24-02
- Project
- Treasure Mountain
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Intercept
- 0.08 m
- From
- 13.95 m
- To
- 15.93 m
Classification
- Sample Type
- drill
- Group ID
- TMN24-02:13.95-15.93
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: The intercept is only 8 cm wide and no grade was provided.
Negative factors
- no grade reported
- extremely narrow width
Evidence · text
“intersected 8 cm of the mineralized zone that consisted in a siliceous schist containing chalcopyrite and tetrahedrite”
TMN24-02Treasure Mountain · silverIntercept: 0.08 mView all detailsHide details
Identity
- Hole ID
- TMN24-02
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Intercept
- 0.08 m
- From
- 13.95 m
- To
- 15.93 m
Classification
- Sample Type
- drill
- Group ID
- TMN24-02:13.95-15.93
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: The intercept is only 8 cm wide and no grade was provided.
Negative factors
- no grade reported
- extremely narrow width
Evidence · text
“intersected 8 cm of the mineralized zone”
TMN24-02Treasure Mountain · silverIntercept: 0.1 mView all detailsHide details
Identity
- Hole ID
- TMN24-02
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Intercept
- 0.1 m
- From
- 71.9 m
- To
- 72.58 m
Classification
- Sample Type
- drill
- Group ID
- TMN24-02:71.9-72.58
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: The intercept is only 10 cm wide and no grade was provided.
Negative factors
- no grade reported
- extremely narrow width
Evidence · text
“cut a 10 cm (core length) quartz vein with disseminated pyrite from 71.9 to 72.58 m”
TMN24-03Treasure Mountain · silverIntercept: 0.24 mView all detailsHide details
Identity
- Hole ID
- TMN24-03
- Project
- Treasure Mountain
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- NED
Geometry
- Intercept
- 0.24 m
- From
- 30 m
- To
- 30.24 m
Classification
- Sample Type
- drill
- Group ID
- TMN24-03:30-30.24
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-08-09T00:00:00.000Z
Reasoning: The intercept is only 24 cm wide and no grade was provided.
Negative factors
- no grade reported
- extremely narrow width
Evidence · text
“includes a 10 cm quartz vein with tetrahedrite, magnetite, minor chalcopyrite and disseminated pyrite from 30 to 30.24 m depth”
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.